Argentina Balance of Trade

Last Release

Jun 30, 2025

Actual

906

Units In

USD Million

608

Frequency

Monthly

Next Release

Aug 20, 2025

Time to Release

1 Months 1 Days 21 Hours

Highest	Lowest	Average	Date Range	Source
2,656 May 2024	-1,833 Jun 2023	273.5 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’s trade surplus narrowed to USD 0.906 billion in June 2025, down from USD 1.88 billion in the same month last year, and below market expectations of USD 0.681 billion. Imports surged by 35.9% year-on-year to USD 6.37 billion, driven by significant increases in shipments of capital goods (+100.7%), intermediate goods (+19.3%), parts and accessories for capital goods (+37.2%), consumer goods (+90.9%) and passenger motor vehicles (+248.5%), while fuel and lubricants imports fell 57.9%. Meanwhile, exports rose 10.8% to USD 7.275 billion, amid gains in industrial manufactures (+12.9%) and fuels & energy (+74.2%), supported by a 2.6% increase in primary products and partly offset by a 0.1% decline in agro-industrial manufactures. For the first half of 2025, the trade surplus stood at USD 2.788 billion, down from USD 10.742 billion in the same period of 2024.