Argentina recorded a trade surplus in 2022 of US$ 6.923 billion, according to a National Institute of Statistics and Census (Indec) report released Thursday. It was a significant setback from the US$ 14.751 billion recorded in 2021, particularly after additional restrictions were placed on imports in the second semester after Super Economy Minister Sergio Massa took office.
Despite the global economic slowdown, the Brazilian Foreign Trade Association, AEB, indicated that the largest economy in South America is projected to have a higher trade surplus in 2023. Next year's positive result is expected to reach US$ 71,9 billion, which would be 14,3% higher than the US$ 62,9 billion this year.
Due to the international increase in the price of agricultural products, Argentine traders foresee a trade surplus of US$ 14.1 billion for this year, because while imports would total US$ 70.6 billion, exports would reach US$ 84.4, according to a report by the Department of Information and Economic Studies of the Rosario Stock Exchange (BCR).
The year 2021 closed for Paraguay with a trade surplus of US $ 941 million, according to the Advance Foreign Trade Report (RCE) for December 2021, published by the Undersecretary of State for the Economy (SSEE) of the Finance Ministry.
Brazil managed a US$ 61,01 billion surplus in its trade balance in 2021, which is 21% higher than the US$ 50 billion of 2020 and the best performance since current stats were officially recorded beginning 1989.
The value of goods exported from the Falkland Islands recorded a compound annual growth rate of 8.1% between 2010 and 2019, according to the Falkland Islands Government’s State of the Economy report.
Brazil posted a US$ 51 billion trade surplus last year, official figures showed on Monday, a 6% increase from the year before as the COVID-19 pandemic hit imports harder than exports.
The Brazilian Ministry of Economy released the result of the country's October trade balance, US$ 5.5 billion surplus, but lower than market expectations. The result was again leveraged by the significant retraction in imports, while market expectations were forecasting a US$ 6.1 billion surplus.
Chile posted a trade surplus of US$ 904 million in August, the central bank said on Monday, with a drop in levels versus a year earlier of both exports and imports for the month.
Brazil obtained a record trade surplus of US$ 6,6 billion during the month of August, the highest for the month since 1989. However overall dropped with exports sliding 5.5% to US$ 17,741bn and imports, 25,1%, to US$ 11,133bn. In eight months the trade surplus reached US$ 36,594bn, the third-best historically in the last forty years.