Argentina’s economic outlook received a boost as the country’s Economy Minister, Luis Caputo, outlined projections for agricultural exports this year. According to Caputo, dollar revenues from the agricultural sector are expected to exceed those of 2025 by a figure ranging between US$3.7 billion and US$8.7 billion.
“Our estimates are that in a conservative scenario, exports would increase by $3.7 billion compared to last year. In a higher price and production scenario (something that is being validated), exports would climb to almost $42 billion. This is $8.7 billion more than last year. Agriculture is experiencing an absolute boom and will be, as always, a key engine for economic growth in the coming years!” Caputo wrote on his X account.
The anticipated increase in agricultural revenue comes as Argentina continues to navigate economic challenges, and the influx of dollars is expected to bolster the country’s reserves. Recent data shows that the Central Bank of Argentina’s (BCRA) reserves have surpassed US$41 billion, partly thanks to contributions from the agricultural sector, as reported by Ambito. The government recently had access to approximately USD 700 million in liquid assets from the agricultural sector to prevent the dollar from reaching the upper limit of its band, according to Infobae.
The positive outlook from the agricultural sector contrasts with recent criticism from political figures. Cristina Kirchner recently voiced concerns over government spending priorities, as reported by Filo News, questioning the allocation of funds to agriculture while resources for pensioners and healthcare remain limited.
