Argentina’s agro-export sector recorded a 45% year-on-year increase in February 2025, reaching $2.181 billion. This surge follows a temporary reduction in export taxes announced by President Javier Milei’s administration in late January. The measure, aimed at revitalizing the agricultural sector, has already begun to yield significant results. The tax cuts allowed exporters to offer better prices to producers, encouraging quicker sales and boosting foreign currency inflows. This is critical for Argentina, where agriculture accounts for 60% of total exports and remains the largest source of U.S. dollars.
March 3, 2025
SOURCE: RIO TIMES
Argentina’s Agro-Export Revenue Surges 45% Amid Tax Cuts