The terms of trade, which measures the difference between the prices of the goods that Argentina exports in relation to those that it imports, improved for the country 4.8% in the first quarter of this year, in relation to the same month period of 2021 , informed the National Institute of Statistics and Censuses (Indec).
The values of the goods you export Argentina increased 21.7% in the first quarter of this year, compared to January-March 2021.
While, the prices of the products you import the country rose 16.1% between April and March, always in the interannual comparison.
In the midst of these movements the amount of goods exported increased 3.2%, while imported ones grew 20.2%, reported the Indec.
#DatoINDEC
Foreign trade: the terms of trade increased 4.8% year-on-year in the 1st quarter of 2022 and posted a gain of US$ 777 million https://t.co/FSZCqLkqWw pic.twitter.com/ynok6CIxk1— INDEC Argentina (@INDECArgentina) May 4, 2022
The rise of 21.7% in the Export Price Index the first quarter of 2022 showed increases of 69.3% in Fuels and Energy (C&E), 25.2% in Manufactures of Industrial Origin (MOI); 23.2% in Primary Products (PP), and 14.6% in Manufactures of Agricultural Origin (MOA).
Regarding the rise of 3.2% in the Export Quantities Index, there were increases of 27.9% in Primary Products, 5.4% in MOI, 15.2% in S&E, while those of MOA fell 16.4%
