Argentina recorded a trade deficit with Brazil for the third consecutive month

Bilateral trade accumulated a negative trade balance for Argentina of US$622 million in the first three months of the year, as exports decreased by 2.5% in 2022 compared to the first three months of 2021, while imports from Brazil increased by 22% in the same period.

RIO DE JANEIRO, BRAZIL - Argentine sales to Brazil rose 4.4% to US$973 million in March 2022 compared to March 2021, continuing the positive trend from the previous month.

Meanwhile, imports from this destination country amounted to US$1.196 billion, registering a 9.6% increase - the lowest in the last thirteen months - compared to March 2021.

In this way, bilateral trade accumulated a negative trade balance for Argentina of US$622 million in the first three months of the year, as exports decreased by 2.5% in 2022 compared to the first three months of 2021, while imports . . .

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