Argentina: Trade Surplus Sharply Expands in January.

Argentina’s trade surplus rose to USD 1,987 million in January 2026, up from USD 162 million a year earlier. Imports fell 11.9% year-on-year to USD 5,070 million, driven by a 12.1% decrease in quantities and a 0.2% rise in prices. Meanwhile, exports rose 19.3% to USD 7,057 million, led by an 18.5% increase in quantities and a 0.7% rise in prices. For the year-to-date through January 2026, the trade surplus stood at USD 1,987 million, up from USD 162 million in the same period of 2025.