Argentina recorded a trade surplus of $1.827 billion up from $414 million in the previous month. Exports stood at $7.9 billion up 15.1% YoY and imports at $6.1 billion up 15.8% YoY. Contributing most to exports were primary products (+30.4% YoY) and fuel and energy (+21.9%). Contributing most to imports were passenger motor vehicles (+94.2%) and fuels and lubricants (+52.9%). source: Instituto Nacional de Estadística y Censos (INDEC)

Balance of Trade in Argentina averaged 263.16 USD Million from 1957 until 2022, reaching an all time high of 2543.00 USD Million in May of 2009 and a record low of -1495.00 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 November of 2022.

Balance of Trade in Argentina is expected to be 285.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Balance of Trade is projected to trend around 1114.00 USD Million in 2023 and -62.00 USD Million in 2024, according to our econometric models.

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Argentina Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2022-10-20 07:00 PM Sep $414M $-300M $960M $ 327M
2022-11-22 07:00 PM Oct $1827M $414M $206M
2022-12-22 07:00 PM Nov $197M


Related Last Previous Unit Reference
Balance of Trade 1827.00 414.00 USD Million Oct 2022
Current Account -894.00 -1130.00 USD Million Jun 2022
Current Account to GDP 1.00 0.90 percent of GDP Dec 2021
Exports 7901.00 7407.00 USD Million Oct 2022
Imports 6074.00 6993.00 USD Million Oct 2022
External Debt 274836.62 274355.25 USD Million Jun 2022
Terms of Trade 135.30 142.20 points Sep 2022
Capital Flows -2099.68 -1566.31 USD Million Jun 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
1827.00 414.00 2543.00 -1495.00 1957 - 2022 USD Million Monthly

News Stream
Argentina Trade Surplus Widens to $1.8 Billion
Argentina recorded a trade surplus of $1.827 billion up from $414 million in the previous month. Exports stood at $7.9 billion up 15.1% YoY and imports at $6.1 billion up 15.8% YoY. Contributing most to exports were primary products (+30.4% YoY) and fuel and energy (+21.9%). Contributing most to imports were passenger motor vehicles (+94.2%) and fuels and lubricants (+52.9%).
2022-11-22
Argentina Shifts to Trade Surplus as Imports Fall MoM
Argentina recorded a trade surplus of $414m million in September of 2022, improving significantly from the previous month’s deficit of $300m million. Exports declined -2% YoY, decreasing to $7,407m from $7,537 in the previous month. Imports have increased 19% YoY but fell significantly to $6,993 from $7,837 in the previous month. For exports: primary agricultural products fell by 9% YoY and manufactured agricultural goods by 11.7%, while manufactured industrial goods and energy goods increased by 13.4% and 22.5%, respectively. As for imports, the most outstanding gainers were combustible gainers were combustibles and lubricants (+76.3%) and vehicles (+55.6%). Exports to the United States have increased by over 77% YoY and to China by 47%. This marks the first month where Argentina’s trade balance has been positive since May.
2022-10-20
Argentina Trade Deficit Narrows Moderately
Argentina recorded a trade deficit of $300 million in August of 2022, improving moderately from the previous month’s deficit of $437 million. Exports decreased by 6.9% YoY to $7,537 mm with primary products decreasing the most (27.4% to $2,007 mm) with all other sectors gaining slightly most notably manufactured agricultural goods (5.2% to $2,881 mm). Imports increased by 36.2% YoY to $7,837 mm with fuel and lubricants increasing the most (68.3% to $1,336 mm) followed by capital goods (44.5% to 1,159 mm) as well as part and accessories for capital goods (32.5% to $1,387 mm).
2022-09-21