The exchange tradel during April he left a ssurplus of US$ 1,447 millionin line with the positive balance of US$ 1,470 million recorded in the same month last year, the National Institute of Statistics and Censuses (Indec) reported on Thursday.
This result was the product of a rise of 35.6% in exports, for an amount of US$ 8,327 million; and 47.3% in imports, for a value of US$ 6,883 million, the agency specified.
During April, the soybean complex registered, between imports, mainly from Paraguay, and exports to India and China, a surplus of US$ 2,043 million dollars, US$ 263 million higher than the same month of the previous year.
In the case of the automotive complex, vehicles for transporting people, for merchandise, chassis, parts and tires, it presented a negative balance of US$142 million, while in April 2021 they had registered a deficit of US$262 million.
In the sector of fuels and mineral oils and products of their distillation, the commercial exchange left a negative balance of US$ 339 million.
From a general perspective, the US$ 8,327 million exported during April represented the highest record for this month in history.
After the release of the report, the Foreign Ministry stressed that the amount represented a year-on-year growth of 35.6%which was driven by an increase of 23.7% in prices and 9.6% in quantities.
They also noted that the value exported in April represented “the highest historical record for this month in history.”
According to INDEC, in the first four months of the year the total exported amounted to US$ 27,681 millions, which places the first quarter of 2022 at record levels.
In that period, exports grew 28.5% compared to the first quarter of last year and exceeded the previous record of January-April 2012 by 14%.
In exported quantities, it reached the second highest record in history, only surpassed by the same period in 2008.
April imports totaled US$ 6,883 million, and it was also the highest value reached for the month of April.
#DatoINDEC
Foreign trade: in April 2022, exports grew 35.6% year-on-year, and imports, 47.3%. The balance showed a surplus of US$ 1,444 million https://t.co/QASYOjspno pic.twitter.com/URxYF2wMzM— INDEC Argentina (@INDECArgentina) May 19, 2022
Imports accumulated US$ 24,852 million in the first quarter of the year, which represents a new historical maximum.
During the first quarter of the year, the trade balance totaled US$ 2,829 million against the US$ 4,001 million of January-April last year.
All the major export items grew in April. Manufactures of industrial origin stood out, with an increase of 64.3% in value and almost 30% in quantities.
There was also a strong increase in fuel and energy exports, of 192.7%, driven both by larger quantities (78.5%) and by their prices (63.5%).
The main export markets between January and April were Brazil, with 12.9%; United States, 7.6%; Chile, 6.2%; China, 5.9%, and India 5%.
The imports that grew the most in April were fuels and lubricants, which tripled the value of April 2021. This was due to the fact that prices rose 73.8% and quantities 72.6%.
Purchases of capital goods also grew 42.5%, with a 35% increase in quantities.
The main countries of origin of imports during the first four months of 2022 were China with 22.8%; Brazil, 19.1%; United States, 9.6%; Germany, 3.7%; and Paraguay, 2.8%.
