Country intelligence · ARG · 2024

Argentina trade profile

In 2024, Argentina recorded $81.0B in merchandise exports and $58.3B in imports, producing a $22.7B trade surplus. Exports changed +17.1% from the previous year, while imports changed -16.1%.[1]

Exports

$81.0B

+17.1%

Imports

$58.3B

-16.1%

Trade balance

$22.7B

surplus

Active partners

270

6 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$81.0B$58.3B$22.7B+17.1%
2023$69.2B$69.5B-$313.2M-22.8%
2022$89.7B$75.8B$13.9B+14.1%
2021$78.6B$59.0B$19.6B+39.1%
2020$56.5B$40.7B$15.8B-13.6%
2019$65.4B$46.4B$19.0B+6.9%
2018$61.2B$61.4B-$220.8M+3.9%
2017$58.9B$63.2B-$4.3B+1.7%
2016$57.9B$52.9B$5.1B+0.1%
2015$57.9B$57.0B$843.6M-15.1%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 10 · Cereals

25 active HS6 lines · 136 export partners

$10.9B
2

HS 23 · HS chapter

23 active HS6 lines · 106 export partners

$10.7B
3

HS 87 · Vehicles

87 active HS6 lines · 122 export partners

$8.4B
4

HS 27 · Mineral fuels and oils

38 active HS6 lines · 57 export partners

$8.1B
5

HS 15 · HS chapter

48 active HS6 lines · 109 export partners

$7.8B
6

HS 02 · HS chapter

59 active HS6 lines · 117 export partners

$3.8B
7

HS 12 · HS chapter

45 active HS6 lines · 119 export partners

$3.3B
8

HS 71 · Precious metals and stones

46 active HS6 lines · 60 export partners

$3.3B

Leading export markets

Destinations rank bilateral export flows from Argentina; growth describes each corridor rather than the whole economy.

1

Brazil

Annual change +13.9% · 3-year CAGR 4.7%

$13.6B
2

United States

Annual change +12.6% · 3-year CAGR 10.9%

$6.8B
3

Chile

Annual change +27.0% · 3-year CAGR 14.5%

$6.6B
4

China

Annual change +10.5% · 3-year CAGR -0.2%

$6.3B
5

India

Annual change +42.8% · 3-year CAGR -2.1%

$3.7B
6

Vietnam

Annual change +51.1% · 3-year CAGR 0.4%

$3.3B
7

Peru

Annual change +2.1% · 3-year CAGR 7.4%

$2.5B
8

Switzerland

Annual change +40.4% · 3-year CAGR 21.1%

$1.7B

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.