Argentina’s goods exports reached US$10,036 million in September, 23.5% more than a year earlier, INDEC, the national statistics agency, reported on Monday in preliminary figures, while imports fell. The resulting trade surplus of US$2,976 million was the 34th in a row.
#DatoINDEC Comercio exterior de bienes: en septiembre de 2026, la exportación subió 23,5% interanual, y la importación bajó 1,8%. La balanza arrojó un superávit de USD 2.976 millones
Translation: "#DatoINDEC Foreign trade in goods: in September 2026, exports rose 23.5% year on year and imports fell 1.8%. The trade balance showed a surplus of US$2,976 million"
Prices did much of the work. INDEC said export prices rose 16.4% from September 2025 and export volumes 6.1%. Import prices also rose, but the volume of goods bought fell 11.2%, and the terms of trade, which compare export prices with import prices, improved.
September’s exports were the highest of any month in 2026 and above every month of 2025, INDEC’s table shows. The previous 2026 high was US$9,578 million in May, and September’s surplus was the second largest this year, behind May’s.
Exports of manufactured farm products, such as flour, vegetable oil and meat, led in value. Fuel and energy exports nearly doubled. On the import side, purchases of passenger cars fell 27.2% and of capital goods, such as machinery, also fell.
By country, Argentina ran a deficit of US$831 million with China, where its exports fell, and a surplus of US$379 million with the United States, where they rose. Imports from Brazil, a fellow member of the Mercosur trade bloc, also fell.
Over January through September the surplus was US$21,198 million, against US$6,046 million a year earlier.