Argentina likely to extend trade surplus streak with strong January performance

Analysts expect Argentina to report a $900 million trade surplus for January. This marks 26 months of positive balances driven by growing grain shipments.

A Reuters poll of 11 local and foreign analysts released on February 18, 2026, indicates that Argentina ARAR likely registered a $900 million trade surplus in January 2026. This result signals the continuation of a favorable trade balance trend at the start of 2026 and reflects recent policy-linked changes in trade flows. The forecast follows a $1.89 billion surplus recorded in December and an $11.29 billion surplus for the full year of 2025.
A drone view shows the Dock Sud Port in Avellaneda, Buenos Aires province, Argentina, October 10, 2025. REUTERS/Agustin Marcarian
A drone view shows the Dock Sud Port in Avellaneda, Buenos Aires province, Argentina, October 10, 2025. REUTERS/Agustin Marcarian
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