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March 12, 2022
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Buenos Aires, Santa Fe, and Córdoba lead national exports

Argentina reversed the trade deficit with Brazil, after the rebound in exports

The provinces of Buenos Aires, Santa Fe, and Córdoba accounted for 74% of the almost US$ 78,000 million billed by Argentina for exports.

The provinces of Buenos Aires, Santa Fe, and Córdoba accounted for 74% of the almost US$78 billion billed by Argentina for exports, reported the National Institute of Statistics and Censuses (Indec).

Buenos Aires andHe headed the payroll with 36% of the billing for foreign sales; followed by Santa Fe, with 23%; and Cordovawith 15.1%.

In fourth and fifth place The ranking included oil and fishing provinces: Cubut, with 3.7% of the total; and Santa Cruz, with 3%.

With 2.2%, an eminently agricultural province was located, as is the case of Entre Ríos; while the seventh place went to Mendoza, with 2.1%, explained essentially by the production of wines and fruits.

All the provinces of the Northeast contributed 1.6% as a whole, led by Misiones with 0.6%, Chaco, 0.5%; Currents, 0.4%; and Formosa with 0.1%.

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Meanwhile, heto Autonomous City of Buenos Aires it contributed 0.4%, but this record takes tradable goods, and not services, such as financial services, or consultancies.

The geographical distribution of billing of exports maintained a strong correlation with the main complexes sold abroad.

According to Indec data, 30% of what was exported last year originated in the soybean complex, 11.9% for corn, and recently in third place, with 9.1%, is the automotive sector.

Of the US$ 78 billion sold abroad, 6.7% came from the oil-petrochemical sector, where Santa Cruz and Chubut “weigh”; 4.6% for beef exports; 4.5% for the wheat complex; and 3.7% for gold and silver mining exports.

Unlike what happened during 2020, when most of the complexes closed with year-on-year falls as a result of the brake on international trade generated by the coronavirus pandemic, In 2021, 33 of a total of 40 export complexes surveyed by INDEC registered increases.

Only had year-on-year declines complexes of peanuts, lemon, pears and apples, garlic, yerba mate, blueberries, and chickpeas.

According to Indec data, 30% of what was exported last year originated in the soybean complex
According to Indec data, 30% of what was exported last year originated in the soybean complex.

Among the ones who maintained the position of the previous year The dairy sector remained in tenth place, with total foreign sales of US$1,164 million and an increase of 16.2% compared to 2020.

According to previous data from Indec, last year Argentina exported US$77,934 million -an increase of 42% compared to 2020- and imported US$63,184 million, 49.2% more than in the previous year.

President Alberto Fernandez assured: “In the medium term we can double exports“, since “there is a possibility that we are approaching US$ 100,000 million in exports.”

Speaking before the Legislative Assembly within the framework of the beginning of the 140th period of ordinary sessions, the president pointed out the need to “increase exports through greater production.”

“Our main challenge is to get out of contradictory policies; it is to produce for export and not exportable balances,” he defined.



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