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LatinNews Daily - 20 March 2026

In brief: Argentina’s trade surplus expands year-on-year

*Argentina’s national statistics institute (Indec) has released its latest figures for the country’s trade balance of goods, reporting a trade surplus of US$788m in February 2026, down from US$1.99bn in January, but up 187% from US$275m surplus in February 2025. Argentina’s exports in February totalled US$5.96bn, down 2.9% year-on-year, while imports stood at US$5.17 bn, down 11.8% year-on-year. Exports of primary products reached US$1.75bn, up 8.2% year-on-year. Manufactured agricultural goods totalled US$1.83bn, down 10.1% year-on-year, while manufactured industrial goods were valued at US$1.75bn, up 8.6% and fuel and energy exports amounted to US$631m, down 27.6% compared with February 2025. Argentina’s top export destination in February was Brazil, accounting for US$910m of exports, following by China (US$631m), the European Union (US$580m), and the US (US$407m). China accounted for the most imports, totalling US$1.27bn, followed by Brazil (US$1.13bn), the European Union (US$656m), and the US (US$417m).

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