Argentina's trade widened to USD 1411 million in April 2020 from USD 1165 million in the same month of the previous year. Imports plunged 30.1 percent over a year earlier to USD 2918 million, mainly due to lower purchases of transport material (-57.6 percent); capital (-34.9 percent), and gasolines (-47.3 percent). Meanwhile, exports fell 18.9 percent to USD 4329 million, as sales dropped for industrial manufacturing (-58.3percent), oil and energy (-33.9 percent), agroindustrials (-2.7 percent), whereas sales of primary goods climbed 10.8 percent.

Balance of Trade in Argentina averaged 237.79 USD Million from 1957 until 2020, reaching an all time high of 2543 USD Million in May of 2009 and a record low of -1494 USD Million in November of 2017. This page provides the latest reported value for - Argentina Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Argentina Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Instituto Nacional de Estadística y Censos (INDEC)

Balance of Trade in Argentina is expected to be -500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Argentina to stand at 1120.00 in 12 months time. In the long-term, the Argentina Balance of Trade is projected to trend around 200.00 USD Million in 2021 and 1400.00 USD Million in 2022, according to our econometric models.

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Argentina Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
1411.00 1145.00 2543.00 -1494.00 1957 - 2020 USD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-02-21 07:00 PM Jan $1015M $2241M $1200M $1300M
2020-03-26 07:00 PM Feb $1129M $1015M $930M
2020-04-22 07:00 PM Mar $1145M $1129M $1503M $ 1000M
2020-05-27 07:00 PM Apr $1411M $1145M $1150M $1160M
2020-06-25 07:00 PM May $1411M
2020-07-28 07:00 PM Jun $ -500M
2020-08-25 07:00 PM Jul
2020-09-24 07:00 PM Aug


News Stream
Argentina Trade Surplus Widens
Argentina's trade widened to USD 1411 million in April 2020 from USD 1165 million in the same month of the previous year. Imports plunged 30.1 percent over a year earlier to USD 2918 million, mainly due to lower purchases of transport material (-57.6 percent); capital (-34.9 percent), and gasolines (-47.3 percent). Meanwhile, exports fell 18.9 percent to USD 4329 million, as sales dropped for industrial manufacturing (-58.3percent), oil and energy (-33.9 percent), agroindustrials (-2.7 percent), whereas sales of primary goods climbed 10.8 percent.
2020-05-27
Argentina Trade Surplus Narrows Modestly
Argentina's trade surplus narrowed modestly to USD 1145 million in March 2020 from USD 1181 million in the same month of the previous year. Imports plunged 19.7 percent over a year earlier to USD 3175 million, mainly due to lower purchases of transport material (-31.8 percent); capital (-24.8 percent), and gasolines (-27.6 percent). Meanwhile, exports fell 15.9 percent to USD 4320 million, as sales dropped for industrial manufacturing (-20.5 percent), oil and energy (-35.2 percent), agroindustrials (-18.2 percent), and primary goods (-1.7 percent).
2020-04-22
Argentina Trade Surplus Widens
Argentina's trade surplus widened sharply to USD 1129 million in February 2020 from USD 450 million in the same month of the previous year. Imports plunged 20.1 percent over a year earlier to USD 3195 million, mainly due to lower purchases of transport material (-33.7 percent); machinery (-31 percent), and minerals (-15.6 percent). Meanwhile, exports fell 2.8 percent to USD 4324 million, as sales dropped for oil and energy (-21.5 percent), agroindustrials (-7.6 percent), industrial manufacturing (-4.1 percent), whereas primary goods exports jumped 12.9 percent.
2020-03-26
Argentina Trade Surplus Widens in January
Argentina's trade surplus widened to USD 1015 million in January 2020 from USD 373 million in the same month of the previous year, but below market expectations of USD 1200 million. Imports slumped 16.1 percent over a year earlier to USD 3534 million, mainly due to lower purchases of intermediate goods (-18.1 percent); parts & accesosries for capital goods (-15.2 percent); capital (-12.2 percent); consumption goods (-10.6 percent); fuel & lubricants (-6.3 percent); and vehicles (-47.7 percent). Among major trading partners, imports declined from the US (-38.8 percent), China (-7.4 percent), Brazil (-10.9 percent), Germany (-31.5 percent) and Chile (-12.8 percent). Exports fell 0.8 percent to USD 4549 million, as sales dropped for agricultural manufactures (-6.4 percent); industrial (-9.3 percent); and fuels & lubricants (-11.1 percent). Exports went down to the US (-27.2 percent), Chile (-8.4 percent), Brazil (-0.4 percent) and Germany (-10.5 percent).
2020-02-21

Argentina Balance of Trade
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.