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

Argentina’s trade deficit widened to USD 941 million in March of 2017, compared to a USD 274 million gap a year earlier and market expectations of a USD 350 million deficit. It was the largest deficit recorded for a March month and the largest monthly deficit since December of 2015. Exports increased by 2.3 percent year-on-year (compared to -6.3 percent in February) to USD 4,527 million. Imports soared by 16.4 percent year-on-year (compared to -2.4 percent) to USD 5,468 million. The increase was mainly triggered by a rebound in purchases of capital goods, which rose by 35.5 percent following a 6.1 percent decline in the previous month. In February, Argentina recorded a downwardly revised USD 59 million deficit. Balance of Trade in Argentina averaged 239.41 USD Million from 1957 until 2017, 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)
2017-02-21 07:00 PM Jan -$106M $65M $88M $15M
2017-03-28 07:00 PM Feb $-122M $-88M $150M $120M
2017-04-25 07:00 PM Mar $-941M $-122M $-350M $-150M
2017-05-23 09:45 PM Apr $-941M
2017-06-22 07:00 PM May
2017-07-26 07:00 PM Jun




Argentina Trade Last Previous Highest Lowest Unit
Balance of Trade -941.00 -59.00 2543.00 -1091.00 USD Million [+]
Exports 4527.00 3881.00 8393.00 55.00 USD Million [+]
Imports 5468.00 3939.00 7671.00 36.00 USD Million [+]
Current Account -4399.99 -2875.02 4214.74 -5846.54 USD Million [+]
External Debt 192461.67 188777.69 192461.67 87524.40 USD Million [+]
Current Account to GDP -0.90 -0.80 8.50 -4.80 percent [+]
Terms of Trade 135.20 139.90 151.40 73.60 Index Points [+]
Capital Flows 13618.19 3072.07 13618.19 -7404.18 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 56.76 61.74 61.74 0.28 Tonnes [+]
Crude Oil Production 495.00 502.00 855.00 495.00 BBL/D/1K [+]
Terrorism Index 0.50 1.67 2.81 0.36 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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 April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-941.00 -59.00 2543.00 -1091.00 1957 - 2017 USD Million Monthly



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Macedonia -142509.00 Feb/17
Madagascar 20810.00 Dec/16
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Netherlands 5585.00 Feb/17
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Nigeria 227044.30 Dec/16
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