Argentina’s trade deficit swang to a USD 314 million surplus in September of 2018 compared to a USD 698 million gap a year ago. It was the first surplus after twenty consecutive months and exceeding market expectations of a USD 150 million surplus. Exports declined 4.8 percent (vs -1.6 percent in August) to USD 5013 million, mainly affected by a 32.3 percent drop in primary good exports, more than offsetting a 122.2 percent surge in oil & gas exports. Imports tumbled 21.2 percent (vs -0.1 percent) to USD 4699 million, mainly dragged by a 50.2 percent plunge in vehicle purchases and a 42.3 percent fall in capital good imports. Balance of Trade in Argentina averaged 213.42 USD Million from 1957 until 2018, reaching an all time high of 2543 USD Million in May of 2009 and a record low of -1494 USD Million in November of 2017.

Argentina Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-22 07:00 PM Balance of Trade $-789M $-359M $-150M $-360M
2018-09-26 07:00 PM Balance of Trade $-1127M $-789M $-150M $-980M
2018-10-23 07:00 PM Balance of Trade $314M $-1131M $150M $ -900M
2018-11-23 07:00 PM Balance of Trade $314M $-50M
2018-12-19 07:00 PM Balance of Trade $150M


Argentina Trade Last Previous Highest Lowest Unit
Balance of Trade 314.00 -1131.00 2543.00 -1494.00 USD Million [+]
Exports 5013.00 5179.00 8393.00 55.00 USD Million [+]
Imports 4699.00 6310.00 7671.00 36.00 USD Million [+]
Current Account -8292.00 -9563.00 4297.83 -9563.00 USD Million [+]
Current Account to GDP -4.80 -2.60 8.00 -4.80 percent [+]
External Debt 261482.81 253740.59 261482.81 87524.40 USD Million [+]
Terms of Trade 128.90 138.20 151.40 73.60 Index Points [+]
Capital Flows -8416.87 -9781.15 7623.00 -9781.15 USD Million [+]
Foreign Direct Investment 207.65 243.74 380.08 86.19 USD Millions [+]
Tourist Arrivals 225300.00 227400.00 1851392.00 164300.00 [+]
Gold Reserves 61.70 61.70 61.74 0.28 Tonnes [+]
Crude Oil Production 483.00 485.00 855.00 454.00 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
314.00 -1131.00 2543.00 -1494.00 1957 - 2018 USD Million Monthly




Country Last
Argentina 314.00 Sep/18
Australia 3017.00 Sep/18
Brazil 6121.36 Oct/18
Canada -416.30 Sep/18
China 340.16 Oct/18
Euro Area 13141.70 Sep/18
France -5663.00 Sep/18
Germany 18395.00 Sep/18
India -17130.00 Oct/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan 139.56 Sep/18
Mexico -194.00 Sep/18
Netherlands 4949.00 Sep/18
Russia 18485.00 Sep/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -2950.00 Sep/18
South Korea 6552.00 Oct/18
Spain -3057300.00 Aug/18
Switzerland 1447.00 Sep/18
Turkey -1869.47 Sep/18
United Kingdom -27.00 Sep/18
United States -54019.00 Sep/18


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