Latest reading: In November, the trade balance was USD +16.1 billion, following a USD +22.6 billion reading in the prior...
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 2025.
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 trade surplus narrows in October
Latest reading: In October, the trade balance was USD +0.8 billion, following a USD +0.9 billion figure in the prior month. Over the last 12 months, the trade balance summed to USD +9.8 billion. Exports were up 13.1% in annual terms in October, coming on the back of 16.9% growth in the prior month. Agricultural and fuel exports saw double digit growth in October, with the former boosted by the temporary reduction in export duties. Imports were up 16.9% in year-on-year terms in October, coming on the back of a 20.4% increase in the previous month.
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 21 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.
Latest Global Trade News
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Taiwan: Exports continue to boom in November -
China: Merchandise trade surplus widens in November Latest reading: In November, the trade balance was USD +111.7 billion, following a USD +90.1 billion reading in the previous... -
Indonesia: Merchandise trade surplus shrinks in September Latest reading: In September, the trade balance was USD +5.1 billion, following a USD +6.2 billion figure in the prior... -
Korea: Merchandise trade surplus increases in November Latest reading: In November, the trade balance was USD +9.7 billion, following a USD +6.0 billion figure in the previous... -
Thailand: Merchandise trade slips into deficit in October Latest reading: In October, the trade balance was USD -1.0 billion, following a USD +3.6 billion figure in the previous... -
Philippines: Merchandise trade deficit narrows in October Latest reading: In October, the trade balance was USD -3.8 billion, following a USD -4.7 billion reading in the prior... -
Mexico: Merchandise trade returns to a surplus in October Latest reading: In October, the trade balance was USD +0.6 billion, following a USD -2.4 billion figure in the prior...