Argentine SMEs' exports reached their highest value in 13 years

Argentine SMEs' exports reached their highest value in 13 years
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Between January and October, small and medium-sized enterprises exported USD 9.328 billion, the highest record for that period since 2013

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The inflation for October was 2.2% and is the lowest for that month in almost a decade

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Increases were also recorded in Industrial Origin Manufactures (MOI), whose external sales advanced by 22.2%. Meanwhile, exports of Primary Products grew by 19.1% compared to the same period the previous year.

The evolution of these segments showed increases in the main categories of products exported by Argentine small and medium-sized enterprises.

The destinations with the highest growth

Regarding international markets, some destinations stood out for the increase in purchases of Argentine products. India recorded the highest year-on-year variation among the countries mentioned by Caputo, with a growth of 117.2%.

Following were Italy, with an increase of 46.6%, Spain, with 36.6%, and the United States, whose purchases rose by 27.1%.

With USD 9.328 million exported between January and October, SMEs thus achieved the highest record for those ten months since 2013, in a period during which the number of Argentine companies that carried out operations abroad also increased.

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The exports of small and medium-sized enterprises (SMEs) in Argentina reached their highest accumulated value in 13 years during the first ten months of 2026.

According to reported by the Minister of Economy, Luis "Toto" Caputo, the sales abroad from this sector totaled USD 9.328 million between January and October, representing a year-on-year growth of 22.9%.

The official shared the data through a post on his X account, highlighting that this is the highest amount recorded for that period since 2013. Thus, smaller companies increased their participation in Argentine foreign trade and surpassed the accumulated values of recent years.

President Javier Milei.
President Javier Milei.

Another highlighted indicator by Caputo was the number of companies that carried out international operations. In total, 7,348 companies exported during the analyzed period. This figure represented an increase of 3.8% compared to 2025 and was 8% above the level recorded in 2023.

How much exports grew

The growth of external sales extended to all categories of companies, although with different levels of increase. According to the data shared by the Minister of Economy, exports from microenterprises increased by 24.7% year-on-year.

In the case of small enterprises, the improvement was even greater, reaching 28.2%, while medium-sized companies recorded a growth of 20.2%. These results reflected an expansion of exports across the various segments that make up the universe of SMEs.

Message from Minister Luis Caputo.
Message from Minister Luis Caputo.

The sectors that boosted sales abroad

By sector, Agricultural Origin Manufactures (MOA) led the growth of exports, with a year-on-year increase of 33.5% between January and October 2026.

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