An unusual October boom: Agricultural exports reach 25-year high
Strong performance was driven by lower expectations of a devaluation and the war in Ukraine. What does the outlook for 2027 look like? La entrada An unusual October boom: Agricultural exports reach 25-year high se publicó primero en Buenos Aires Herald .
Argentina's agricultural exports have reached a 25-year high in October, with a staggering US$2.8 billion generated in the month alone, according to data from the official statistics agency INDEC. This surge marks a 157% increase year-on-year, despite a 10% month-on-month decline compared to September. The rise can be attributed to the removal of export taxes by the Milei administration in September 2025, which led to a significant influx of foreign currency.
Agricultural analyst Javier Preciado noted that this year has seen a normalization of agricultural exports as the government has not introduced incentive programs to encourage exporters to sell their foreign currency earnings. The surge in exports is also linked to geopolitical factors, such as the war in Ukraine disrupting grain trade in the Black Sea region, generating strong demand for Argentine wheat, and increased exports to Indonesia.
Brief written by urgent.news from Buenos Aires Herald's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
