Argentina's trade surplus rose to USD 1,667 million in September of 2021 from USD 598 million in the same month a year earlier and surpassing market expectations of a USD 1,315 million surplus. Exports surged 59.8 percent to USD 7,553 million, boosted by sales of oil and energy (135 percent); primary goods (106.4 percent); agroindustrials (43.8 percent) and industrial manufacturing (32.3 percent). Meanwhile, imports advanced at a slower 42.6 percent to USD 5,886 million, as higher purchases of fuels & lubricants (77.8 percent) and intermediate products (54.6 percent) were partly offset by a decline in those of vehicles (-36.4 percent). source: Instituto Nacional de Estadística y Censos (INDEC)

Balance of Trade in Argentina averaged 256.67 USD Million from 1957 until 2021, reaching an all time high of 2543 USD Million in May of 2009 and a record low of -1495 USD Million in November of 2017. 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 - data, historical chart, forecasts and calendar of releases - was last updated on October of 2021.

Balance of Trade in Argentina is expected to be 1400.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Balance of Trade is projected to trend around 1200.00 USD Million in 2022 and 1400.00 USD Million in 2023, according to our econometric models.

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Argentina Balance of Trade


Calendar GMT Actual Previous Consensus TEForecast
2021-07-21 07:00 PM Jun $1067M $1623M $1200M $1500M
2021-08-19 07:00 PM Jul $1537M $1101M $1500M
2021-09-22 07:00 PM Aug $2339M $1537M $1200M $1320M
2021-10-21 07:00 PM Sep $1667M $2345M $1315M $ 1050M
2021-11-24 07:00 PM Oct $1667M
2021-12-22 07:00 PM Nov
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Argentina Trade Surplus Widens More than Expected
Argentina's trade surplus rose to USD 1,667 million in September of 2021 from USD 598 million in the same month a year earlier and surpassing market expectations of a USD 1,315 million surplus. Exports surged 59.8 percent to USD 7,553 million, boosted by sales of oil and energy (135 percent); primary goods (106.4 percent); agroindustrials (43.8 percent) and industrial manufacturing (32.3 percent). Meanwhile, imports advanced at a slower 42.6 percent to USD 5,886 million, as higher purchases of fuels & lubricants (77.8 percent) and intermediate products (54.6 percent) were partly offset by a decline in those of vehicles (-36.4 percent).
2021-10-21
Argentina Trade Surplus Rises More than Expected in August
Argentina's trade surplus widened to USD 2,339 million in August of 2021 from USD 1,446 million in the corresponding month of the previous year, well above market expectations of USD 1,200 million. Exports jumped by 63.3 percent from a year earlier to USD 8,093 million, the highest since May 2013; while imports climbed 64 percent to USD 3,508 million.
2021-09-22
Argentina Trade Surplus Widens in July
Argentina's trade surplus widened to USD 1,537 million in July of 2021 from USD 1,480 million in the corresponding month of the previous year. Exports jumped 47.1 percent from a year earlier to USD 7,252 million, the highest since June 2013. Meantime, imports surged 65.6 percent to USD 5,715 million.
2021-08-19
Argentina Trade Surplus Narrows in June
Argentina's trade surplus narrowed to USD 1,067 million in June of 2021 from USD 1,487 million in the same month a year earlier and compared to market expectations of a USD 1,200 million surplus. Exports increased 45.8 percent to USD 6,976 million while imports surged 79.1 percent to USD 5,909 million.
2021-07-21

Argentina Last Unit Reference Previous Highest Lowest
Balance of Trade 1667.00 USD Million Sep/21 2345.00 2543.00 -1495.00
Current Account 2763.00 USD Million Jun/21 541.00 4297.83 -9388.49
Current Account to GDP 1.00 percent of GDP Dec/20 -0.90 7.90 -5.20
Exports 7553.00 USD Million Sep/21 8099.00 8393.00 55.00
Imports 5886.00 USD Million Sep/21 5754.00 7671.00 36.00
External Debt 269157.91 USD Million Jun/21 269507.69 283129.15 87524.40
Terms of Trade 143.00 points Jun/21 146.60 151.30 73.60
Capital Flows 2641.00 USD Million Jun/21 1271.00 7623.00 -9626.44


Argentina Balance of Trade
Argentina has recorded trade surpluses from 2001 to 2014 and in 2016, mostly due to exports of agricultural products. In 2017 and 2018, 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.