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ECONOMY | 01-12-2025 20:17

Argentine exports extend strong late-year rebound

Argentina’s exports are recovering strongly in the latter half of the year. According to INDEC – foreign sales grew by 7.5% in the first nine months of 2025, with big hikes in August and September and a clear boost from agro-industrial and energy shipments.

Argentine exports are consolidating a strong uptick in the latter stages of the year, data from the INDEC national statistics bureau shows.

According to official data, there has been a cumulative 7.5-percent increase in exports during the first nine months of the year.

After a moderate year-on-year 7.5-percent hike in July, foreign sales jumped by 16.4 percent in August and reached 16.9 percent in September, strengthening a positive trend.

Geographic diversification was one of the keys to the upsurge. Destinations including India and several African countries have consolidated themselves into concrete opportunities for Argentine firms.

China and India stood out with their surges from last year, rising 29.3 percent and 57.8 percent respectively.

The Indian market became the revelation of 2025, driven by a higher demand for flour, oils and food. The United States also boosted an increase of more than 23 percent, despite the trade barriers imposed by US Prsident Donald Trump, backed by a demand for energy and agro-industrial products.

Conversely, Brazil experienced a 4.9-percent decline, triggering a warning. Weakened demand mainly harms the auto, metal and engineering sectors in Argentina.

Sectors with the greatest traction in terms of shipments abroad were energy and agriculture.

A recent report by the Rosario Stock Exchange (BCR in Spanish) broke down that agro-industry turned over a total of US$34.5 billion between January and October. Adding the estimates for November and December, 2025 would close at US$37.15 billion.

Agricultural dollar earnings over the first 10 months of the year only trail the exceptional figures of 2021 and 2022, when international prices reached historical peaks because of the war between Russia and Ukraine.

For this dynamic to be sustained, an exporting agenda coordinated between the public and private sectors will be required.

So far, this year’s figures are promising. It remains to be seen whether this hike is a turning-point or only seasonal.

by Ezequiel García Corado

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