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Argentina Books Biggest Energy Trade Surplus in 18 Years

Argentina Books Biggest Energy Trade Surplus in 18 Years

Argentina’s energy trade surplus surged to its highest level in 18 years in 2024 as exports jumped by 22.3% while imports slumped by 49.4%, data from the Argentinian government showed. The biggest energy surplus in nearly two decades is a win for the first year in office of President Javier Milei, who has promised a domestic energy revolution to boost Argentina’s economy, exports, and foreign exchange revenues and reserves. Argentina’s energy trade surplus rose to $5.668 billion last year, thanks to rising exports and plunging…

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