Argentina's trade surplus narrowed to USD 1,067 million in June of 2021 from USD 1,487 million in the same month a year earlier and compared to market expectations of a USD 1,200 million surplus. Exports increased 45.8 percent to USD 6,976 million while imports surged 79.1 percent to USD 5,909 million. source: Instituto Nacional de Estadística y Censos (INDEC)

Balance of Trade in Argentina averaged 252.26 USD Million from 1957 until 2021, reaching an all time high of 2543 USD Million in May of 2009 and a record low of -1495 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 July of 2021.

Balance of Trade in Argentina is expected to be 900.00 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 1030.00 in 12 months time. In the long-term, the Argentina Balance of Trade is projected to trend around 1200.00 USD Million in 2022 and 1400.00 USD Million in 2023, according to our econometric models.

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Argentina Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
1067.00 1623.00 2543.00 -1495.00 1957 - 2021 USD Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-04-22 07:00 PM Mar $400M $1062M $1350M $ 1120M
2021-05-27 09:00 PM Apr $1470M $400M $800M
2021-06-22 07:00 PM May $1623M $1470M $1904M $1100M
2021-07-21 07:00 PM Jun $1067M $1623M $1200M $1500M
2021-08-25 07:00 PM Jul $1067M
2021-09-24 07:00 PM Aug
2021-10-22 07:00 PM Sep 1050
2021-11-24 07:00 PM Oct


News Stream
Argentina Trade Surplus Narrows in June
Argentina's trade surplus narrowed to USD 1,067 million in June of 2021 from USD 1,487 million in the same month a year earlier and compared to market expectations of a USD 1,200 million surplus. Exports increased 45.8 percent to USD 6,976 million while imports surged 79.1 percent to USD 5,909 million.
2021-07-21
Argentina Trade Surplus Narrows in May
Argentina's trade surplus narrowed to USD 1,623 million in May of 2021 from USD 1,912 million in the same month a year earlier and compared to market expectations of a USD 1,904 million surplus. Exports increased 33.2 percent to USD 6,764 million while imports surged 62.4 percent to USD 5,141 million.
2021-06-22
Argentina Trade Surplus Widens in April
Argentina's trade surplus widened slightly to USD 1,470 million in April of 2021 from USD 1,455 million in the same month a year earlier, as exports jumped 41.3 percent to USD 6,143 million while imports surged 61.4 percent to USD 4,673 million.
2021-05-27
Argentina Trade Surplus Narrows Sharply in March
Argentina's trade surplus narrowed to USD 400 million in March of 2021 from USD 1,228 million in the same month a year earlier and compared to market expectations of a USD 1,350 million surplus. Exports increased 30.5 percent to USD 5,720 millions while imports surged 68.7 percent to USD 5,320 million.
2021-04-22

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.