Latest reading: Merchandise exports shot up 10.6% over the same month last year in June (May: -0.5% year-on-year). June’s figure...
Merchandise Trade Balance in Argentina
The merchandise trade balance in Argentina averaged USD 4.7 billion in the decade to 2024. The 2024 reading was USD 18.9 billion. For more information on trade, visit our dedicated page.
Argentina Trade Chart
Note: This chart displays Trade Balance (USD billion) for Argentina from 2014 to 2024.
Source: Macrobond.
Argentina Trade Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Merchandise Trade Balance (USD bn) | 12.5 | 14.8 | 6.9 | -6.9 | 18.9 |
Merchandise exports increase in June
Latest reading: Merchandise exports shot up 10.8% on an annual basis in June (May: -7.5% year-on-year) thanks to booming energy exports. June’s result marked the most robust expansion since December 2024. Meanwhile, merchandise imports soared 35.9% on an annual basis in June (May: +29.4% yoy), as a result of looser restrictions on imports and the strong peso in real terms. As a result, the merchandise trade balance improved from the previous month, recording a USD 0.9 billion surplus in June (May 2025: USD 0.6 billion surplus; June 2024: USD 1.9 billion surplus). Lastly, the trend deteriorated, with the 12-month trailing merchandise trade balance recording a USD 11.0 billion surplus in June, compared to the USD 11.9 billion surplus in May.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Argentine trade projections for the next ten years from a panel of 23 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable trade forecast available for Argentine trade.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Argentine trade projections.
Want to get access to the full dataset of Argentine trade forecasts? Send an email to info@focus-economics.com.
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