Macroeconomy/Finance

Bilateral trade with Brazil closed August with a $107 million deficit

The commercial exchange with Brazil during August left a deficit of US$ 107 million for Argentina, higher than the $42 million negative balance registered in the same month last year. Argentine exports to Brazil fell 25% year-on-year in August, totalling $619 million, while imports from that destination fell at a lower rate of 16.3%, totalling $726 million.

Source: Telam

Categories: Macroeconomy/Finance