Argentina Balance of Trade  1957-2017 | Data | Chart | Calendar | Forecast

Argentina trade balance swung to a USD 100 million surplus in November of 2016 compared to a USD 736 million deficit a year earlier. Exports jumped 20.5 percent year-on-year to USD 4822 million, the first rise in three months, boosted by sales of primary products (+44.3 percent), fuels and energy (+40.4 percent) and manufacturing (+7.7 percent). Imports shrank 0.4 percent to USD 4721 million. Considering the first eleven months of the year, the country posted a USD 2048 million trade surplus, with exports falling by 0.4 percent and imports declining at a faster 7.5 percent. Balance of Trade in Argentina averaged 240.73 USD Million from 1957 until 2016, reaching an all time high of 2543 USD Million in May of 2009 and a record low of -1091 USD Million in December of 2015.

Argentina Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-10-25 07:00 PM Sep $361M $705M $400M $500M
2016-11-24 07:00 PM Oct $ -114M $361M $500M $310M
2016-12-22 07:00 PM Nov $100M $ -119M $ -200M $400M
2017-01-24 07:00 PM Dec $100M $150M
2017-02-21 06:10 PM Jan
2017-03-28 07:00 PM Feb




Argentina Trade Last Previous Highest Lowest Unit
Balance of Trade 100.00 -119.00 2543.00 -1091.00 USD Million [+]
Exports 4822.00 4711.00 8393.00 55.00 USD Million [+]
Imports 4721.00 4829.00 7671.00 36.00 USD Million [+]
Current Account -2970.00 -3069.00 4557.91 -4953.00 USD Million [+]
Current Account to GDP -0.90 -0.80 8.50 -4.80 percent [+]
External Debt 188777.69 188265.64 188777.69 87524.40 USD Million [+]
Terms of Trade 139.90 132.20 151.40 73.60 Index Points [+]
Capital Flows 2025.38 3870.75 8515.00 -7730.03 USD Million [+]
Foreign Direct Investment 788.00 516.05 1454.20 118.06 USD Millions [+]
Remittances 1078.00 991.00 1078.00 100.00 USD Million [+]
Tourist Arrivals 1483988.00 1241414.00 1851392.00 711417.00 [+]
Gold Reserves 61.74 61.74 61.74 0.28 Tonnes [+]
Crude Oil Production 536.00 518.00 855.00 511.00 BBL/D/1K [+]
Terrorism Index 0.50 1.67 2.81 0.36 [+]



Argentina Balance of Trade Notes

Argentina has been recording trade surpluses since 2001, mostly due to exports of agricultural products. 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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
100.00 -119.00 2543.00 -1091.00 1957 - 2016 USD Million Monthly



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