Argentina posts first trade deficit since 2018 after port strike: $364 mn

Argentina posted its first trade deficit since August 2018 as exports collapsed after a lengthy strike in some port operations. The country recorded a trade deficit of $364 million in December, compared to a $500 million surplus forecast by economists in a Bloomberg survey, government data showed. While imports grew 25% in annual terms driven by an economic recovery, exports slumped by 34%.

Source: Buenos Aires Times