According to Indec, in the fifth month of the year The country exported US $ 7,095 million, 7.4% less than in the same month last year. However, in monthly terms, discounting seasonal issues, they presented a Mild improvement of 0.4%.
For their part, imports grew 29.4% for a total value of US $ 6,488 million. The commercial exchange grew 7.1% in May by totaling US $ 13,583 million with a commercial balance of US $ 608 million, 2,047 million lower than the same month of the previous year.
In exports, only 2.1% grew by shipments abroad of manufactures of industrial origin. Fuels and energy fuel (-29.2 %%), manufactures of agricultural origin (-11.3%) and primary products (-1.4%).
In imports, in turn, the income of capital goods with an year -on -year increase of 69%; vehicles passed 160.1% and consumer goods 75.1%. Only fuel and lubricant income fell (-31.1%).
“The May surplus was the highest of the year (US $ 608 million vs. US $ 224 million average the previous 4 months). This is explained by the desestationalized monthly decrease in imports, which goes in line with the early activity data of the month that enhances a lean number. Purchases abroad were at its lowest point than 2025 (without seasonality),” They commented from LCG.
However, against a year ago, imports show an increase ( +29% a/a; +u $ s 1,476 million a/a), due to the low comparison base for the recession last year (the amounts increased 39% a/a), they added.
All components They had an annual increase, except for fuels (-31% a/a; -U $ 136 million a/a), contained by a price decline (-22% a/a) and quantities (-9% a/a, due to more production and the NK gas pipeline). 60% of the general increase was explained for capital goods ( +69% A/A; +U $509 m a/a) and pieces for BK ( +33% a/a; +USD 347 m a/a).
Exports increased slightly against April, although they fell against last year (-7.4% a/a; -u $ s571 million a/a), which had had a good level due to the incentives of a higher exchange rate (the quantities fell 6% a/a). Except for the MOI ( +2.1% a/a; +USD 40 m a/a; due to price increase), all components showed low: moa (-11.3% a/a, -usd 316 m), fuels (-29.2% a/a; -u $ 267 million a/a) and pp (-1.4% a/a; -u $ s28 million a/a), reported LCG.
Source: Ambito
