阿根廷9月进口创新高，贸易顺差持续收窄

Core Insights - Argentina's imports reached a record high in September, leading to a narrowing trade surplus [1] Trade Data Summary - In September, Argentina's export value was $8.128 billion, while imports totaled $7.207 billion, resulting in a trade surplus of $921 million, marking the 21st consecutive month of surplus [1] - September imports increased by 10.1% month-on-month, the largest rise since September of the previous year, with seasonally adjusted imports reaching the highest level since August 2022 [1] - Notable increases in imports were seen in consumer goods and automobiles [1] Export Performance - In September, exports grew by 16.9% year-on-year and 1.3% month-on-month, continuing a five-month growth streak [1] - The temporary reduction in export withholding taxes significantly boosted soybean exports, which surged by 47% year-on-year [1] Cumulative Trade Surplus - From January to September, the cumulative trade surplus reached $6.03 billion, only 40% of the surplus recorded in the same period of 2024 [1] - The total trade surplus for the year is projected to be $7.7 billion, representing a year-on-year decline of 31.3% [1]