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Financial News: ARGENTINA: Trade Balance Posts US$ 1.08 Billion Deficit

ARGENTINA: Trade Balance Posts US$ 1.08 Billion Deficit In August

09/26/2017 - 17:49:00 (RTTNews)

(RTTNews) - Argentina's trade balance posted a US$ 1.083 billion deficit in August, according to the country's statistics office. A year earlier, the Argentinean trade balance had recorded a US$ 708 million surplus.

In the annual comparison, exports fell 9.2% in August, totaling US$ 5,228 million, while imports grew 24.9%, reaching US$ 6,311 million.

Year-to-date, the Argentinean trade balance is US$ 4,498 million negative. The total exported in 2017 through August was US$ 38,528 million, while imports amounted to US$ 43,026 million.

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