Argentina: Oil overtakes soy flour as top export on Vaca Muerta output

Argentina's oil exports have surpassed soy flour as the country's main export product, driven by rising production from the Vaca Muerta shale formation. This marks a structural shift in Argentina's export profile, with energy displacing agriculture as the primary foreign-exchange earner. The trend is likely to continue as Vaca Muerta output expands, with implications for trade balances and fiscal revenues.

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