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Investing.com -- Argentina has recorded a trade surplus of $227 million in February, according to the latest data from the government’s statistics office. This figure was announced on Wednesday and is derived from $6.092 billion in exports and $5.864 billion in imports for the month.
Analysts had previously predicted a larger surplus of $662 million, indicating that the actual surplus fell short of expectations. Despite this, February still marked the fifteenth consecutive month where the value of exports exceeded that of imports, resulting in a positive trade balance for the South American nation.
This continued trend of positive monthly trade balances indicates a consistent performance in Argentina’s trade sector. The data suggests that the country’s exports are maintaining a steady lead over imports, contributing to the overall trade surplus.
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