Argentina Balance of Trade

Last Release

Feb 28, 2025

Actual

227

Units In

USD Million

142

Frequency

Monthly

Next Release

Apr 16, 2025

Time to Release

26 Days 21 Hours

Highest	Lowest	Average	Date Range	Source
2,656 May 2024	-1,833 Jun 2023	272.35 USD Million	1957-2025	N/A

Argentina has recorded trade surpluses from 2001 to 2014 and in 2016, mostly due to exports of agricultural products. In 2017 and 2018, the balance returned to deficit due to slowdown in exports growth and higher imports. Main exports are: cereals, fats and oils, beef and related products and dairy products (36 percent of total exports), motor vehicles and parts (12 percent); chemicals and related products (7 percent) and crude oil and fuels (5 percent). Main imports are: intermediate goods (29 percent of total imports), parts and accessories for capital goods (20 percent), capital goods (19 percent), fuels and lubricants (13 percent) and motor vehicles (8 percent). Main trading partners are: Brazil (21 percent of total exports and 29 percent of imports), China (7 percent of exports and 14 percent of imports) and United States (5 percent of exports and 10 percent of imports). Others include: Chile, Italy and Spain.

Latest Updates

Argentina recorded a trade surplus of USD 227 million in February 2025, a sharp decline from the USD 1.436 billion surplus in the same month last year and well below the expected USD 400 million surplus. Despite this, it marks the fifteenth consecutive month of a positive trade balance. Exports increased by 10.1% to USD 5.53 billion, driven by strong sales of manufactured goods (up 15.4%), agricultural products and raw materials (up 3.4%), and fuels and energy (up 12.6%). On the other hand, imports surged 42.3% to USD 4.12 billion, fueled by higher shipments of intermediate goods (up 13.4%), capital goods (up 77.9%), accessories for capital goods (up 38%), and consumer goods (up 77.4%).