In February, mineral exports totaled US$337 million, representing a year-over-year increase of 9.8% for that month and a 44.7% increase for the year to date.
Argentina's mining exports reached their highest level ever for the first two months of the year in January and February, reaching US$782 million, surpassing the previous record of US$692 million set in 2015, according to the Ministry of Mining.
In February, mineral exports totaled US$337 million, representing a year-over-year increase of 9.8% for that month and a 44.7% increase for the year to date.
Furthermore, the rate for the first two months of 2025 is 36.8% above the average level for 2010-2024 in those months.
These values represented 6.5% of the country's total exports in February and 7.2% for the year to date.
In the first two months of 2025, metalliferous minerals exports totaled US$638 million, which implies a year-on-year increase of 52.4%, with gold contributing US$548 million (70% of total exports), silver US$80 million (10% of total exports) and the rest of the metalliferous minerals US$10 million (1% of total exports).
Of the total exports during February 2025, US$260 million corresponded to metal minerals, representing a year-on-year increase of 7.9% compared to the same month in 2024 for this category.
Meanwhile, lithium sales abroad reached US$121 million in January and February, representing a 22.5% year-on-year increase, representing 15.4% of total mining exports.
In terms of the quantities of lithium exported so far this year, they have increased by 46.5%.
In the case of lithium, a total of US$66 million was exported in February, representing a 22.8% year-over-year increase in exported amounts, marking a record export volume for that month.
Switzerland, China, the United States, and Canada were the main export destinations in February, accounting for 83% (US$278 million), while for the year-to-date, this percentage reached 85% (US$662 million) for those countries.
Mining exports to these four countries were largely due to metal minerals, which accounted for 79% of total mining sales abroad in February and 84% in the first two months of the year.
Regarding lithium, China and the United States led imports of this mineral, with a combined share of 87% in February and 85% for the year to date.