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

Argentina’s trade deficit widened sharply to USD 938 million in April of 2018 from USD 112 million a year ago. It was the sixteenth straight monthly deficit and surpassed expectations of USD 219 million. Exports rose 6.2 percent year-on-year (vs 17.4 percent in March) to USD 5164 million, led by oil (+91.0 percent) and manufacturing (+17.4 percent). Meantime, imports surged 22.7 percent (vs 8.8 percent) to USD 6102 million, led by vehicles (+34.6 percent) and intermediate goods (+27.9 percent). Balance of Trade in Argentina averaged 221.30 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
2018-03-21 07:00 PM Balance of Trade $-903M $-986M $-464M $ -897.3M
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 $-938M $-585M $-850M
2018-07-25 07:00 PM Balance of Trade $ -2170M
2018-08-22 07:00 PM Balance of Trade $-1200M


Argentina Trade Last Previous Highest Lowest Unit
Balance of Trade -938.00 -599.00 2543.00 -1510.00 USD Million [+]
Exports 5164.00 5360.00 8393.00 55.00 USD Million [+]
Imports 6102.00 5958.00 7671.00 36.00 USD Million [+]
Current Account -8738.00 -8261.00 4297.83 -8738.00 USD Million [+]
Current Account to GDP -4.80 -2.60 8.00 -4.80 percent [+]
External Debt 232951.95 217509.92 232951.95 87524.40 USD Million [+]
Terms of Trade 134.20 135.70 151.40 73.60 Index Points [+]
Foreign Direct Investment 135.15 186.83 380.08 86.19 USD Millions [+]
Capital Flows -8335.94 -8412.15 7623.00 -8412.15 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 482.00 480.00 855.00 454.00 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 June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-938.00 -599.00 2543.00 -1510.00 1957 - 2018 USD Million Monthly




balance of trade by Country
Country Last
Australia 977.00 Apr/18
Brazil 5981.00 May/18
Canada -1902.20 Apr/18
China 249.22 May/18
Euro Area 16704.70 Apr/18
France -4954.00 Apr/18
Germany 20413.00 Apr/18
India -14620.00 May/18
Indonesia -1629.30 Apr/18
Italy 2937.96 Apr/18
Japan -578.32 May/18
Mexico -289.15 Apr/18
Netherlands 3841.00 Apr/18
Russia 15316.00 Apr/18
South Korea 6732.00 May/18
Spain -830631.00 Mar/18
Switzerland 2798.79 Apr/18
Turkey -6690.00 Apr/18
United Kingdom -5280.00 Apr/18
United States -46199.00 Apr/18


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