Geopolitics

The trade deficit with the US fell 23% and 70% with China in 2019

The trade deficit with the United States fell 22.5% in 2019 (from $ 5.314 billion in 2018 to $ 3.589 billion), because Argentina imported almost $ 1.9 billion less, according to official data from Washington. The fall of the bilateral deficit with China reached 70% ($ 2.2 billion against $ 7.6 billion in 2018), according to the Argentine Chamber of Exporters. In December, 32.7% of Argentine exports went to China, Brazil and the US, while 52.3% of imports came from those three countries, according to Indec.

Source: Infobae