Argentina Balance of Trade  1957-2018 | Data | Chart | Calendar | Forecast

Argentina’s trade deficit widened sharply to USD 1285 million in May of 2018 from USD 576 million a year ago. It was the seventeenth straight monthly deficit and surpassed expectations of USD 600 million. Exports declined 6.0 percent year-on-year (vs +6.5 percent in April) to USD 5162 million, led by oil (+48.8 percent). Meantime, imports climbs 6.3 percent (vs 22.7 percent) to USD 6447 million, led by and intermediate goods (+21.1 percent). Balance of Trade in Argentina averaged 218.47 USD Million from 1957 until 2018, reaching an all time high of 2543 USD Million in May of 2009 and a record low of -1510 USD Million in November of 2017.

Argentina Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-04-24 07:00 PM Balance of Trade $-611M $-914M $-1100M $ -1900M
2018-05-23 07:00 PM Balance of Trade $-938M $-611M $-219M $-900M
2018-06-21 07:00 PM Balance of Trade $-1285M $-924M $-600M $-850M
2018-07-25 07:00 PM Balance of Trade $-1285M $ -1500M
2018-08-22 07:00 PM Balance of Trade $-1200M
2018-09-26 07:00 PM Balance of Trade $-980M


Argentina Trade Last Previous Highest Lowest Unit
Balance of Trade -1285.00 -924.00 2543.00 -1510.00 USD Million [+]
Exports 5162.00 5178.00 8393.00 55.00 USD Million [+]
Imports 6447.00 6102.00 7671.00 36.00 USD Million [+]
Current Account -9623.00 -9270.00 4297.83 -9623.00 USD Million [+]
Current Account to GDP -4.80 -2.60 8.00 -4.80 percent [+]
External Debt 253740.59 232951.95 253740.59 87524.40 USD Million [+]
Terms of Trade 134.20 135.70 151.40 73.60 Index Points [+]
Foreign Direct Investment 192.72 135.15 380.08 86.19 USD Millions [+]
Capital Flows -10060.35 -9113.33 7623.00 -10060.35 USD Million [+]
Tourist Arrivals 215268.00 196019.00 1851392.00 164300.00 [+]
Gold Reserves 61.70 61.70 61.74 0.28 Tonnes [+]
Crude Oil Production 487.00 482.00 855.00 454.00 BBL/D/1K [+]
Terrorism Index 0.81 0.50 2.81 0.36 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Argentina Balance of Trade

Argentina has recorded trade surpluses from 2001 to 2014, mostly due to exports of agricultural products. In 2015 and 2017, 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. 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 - actual data, historical chart and calendar of releases - was last updated on July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-1285.00 -924.00 2543.00 -1510.00 1957 - 2018 USD Million Monthly




balance of trade by Country
Country Last
Australia 827.00 May/18
Brazil 5881.58 Jun/18
Canada -2771.20 May/18
China 416.13 Jun/18
Euro Area 16514.10 May/18
France -6005.00 May/18
Germany 19669.00 May/18
India -16600.00 Jun/18
Indonesia 1742.60 Jun/18
Italy 3377.54 May/18
Japan 721.41 Jun/18
Mexico -1587.00 May/18
Netherlands 5030.00 May/18
Russia 15151.00 May/18
South Korea 6331.21 Jun/18
Spain -2153628.00 May/18
Switzerland 1309.00 Jun/18
Turkey -7759.34 May/18
United Kingdom -2790.00 May/18
United States -43053.00 May/18


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