{"id":89414,"date":"2024-06-10T16:00:30","date_gmt":"2024-06-10T19:00:30","guid":{"rendered":"https:\/\/murray.adv.br\/?p=89414"},"modified":"2024-06-10T16:03:10","modified_gmt":"2024-06-10T19:03:10","slug":"brazils-sales-to-argentina-plummet","status":"publish","type":"post","link":"https:\/\/murray.adv.br\/en\/brazils-sales-to-argentina-plummet\/","title":{"rendered":"Brazil\u2019s sales to Argentina plummet"},"content":{"rendered":"\n
Shipments drop over 33% from January to May; Argentina\u2019s share of Brazilian exports hits record low<\/strong><\/em><\/h6>\n\n\n\n

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06\/10\/2024 <\/p>\n\n\n\n

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Exports to Argentina totaled $5 billion from January to May this year, marking a 33.1% decrease compared to the same period last year. These shipments accounted for just 3.61% of Brazil\u2019s total exports, the smallest share for this period in the historical series of Brazilian exports since 1997. The previous low was in 2020 when Argentina received 3.71% of Brazil\u2019s export value.<\/p>\n\n\n\n

In May alone, Brazilian exports to Argentina fell by 42.7%. Shipments amounted to just $1.1 billion, causing Argentina to be surpassed by Spain in the monthly ranking of countries buying the most from Brazil. Brazilian products worth $1.51 billion were sold to Spain in May.<\/p>\n\n\n\n

Despite the decline, Argentina remains the third-largest destination for Brazilian exports over the five-month period. Automobiles and vehicle parts are the most exported Brazilian products to Argentina, accounting for 24% of the total shipment value.<\/p>\n\n\n\n

Brazilian imports of Argentine products remained relatively stable, totaling $5 billion from January to May, with a slight increase of 1.2% compared to the same period in 2023. Brazil\u2019s trade deficit with Argentina was $60.7 million.<\/p>\n\n\n\n

Argentina reported sales of $1.05 billion in May, a 15% increase compared to the same period last year.<\/p>\n\n\n\n

*Por Marta Watanabe \u2014 S\u00e3o Paulo<\/p>\n\n\n\n

Source: Valor International<\/p>\n\n\n\n

\nhttps:\/\/valorinternational.globo.com\/\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"

Shipments drop over 33% from January to May; Argentina\u2019s share of Brazilian exports hits record low 06\/10\/2024 Exports to Argentina totaled $5 billion from January to May this year, marking a 33.1% decrease compared to the same period last year. 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