2025 Mar Argentina Global Trade Data Summary: Surplus Narrows

Argentina 2025 Mar Trade Data Key Takeaways

• Market Trend: Argentina trade data shows exports up 2.5% but imports surge 38.8%, narrowing surplus to $620M.
• Key Driver: Argentina import export data reveals Brazil and China dominate imports (48% share), while exports diversify across LatAm.
• Strategic Risk: Heavy reliance on imported machinery (HS 84-85) underscores industrial dependency amid agricultural export dominance.

Analysis covers 2025 Mar based on sanitized customs records from the yTrade database.

Argentina 2025 Mar Trade Data Trend Overview

• Argentina, a major agricultural and commodity exporter, posted steady March 2025 Argentina global trade data reflecting a cautiously reopening economy under new market reforms.
• The Argentina import export data showed exports rising 2.5% year-on-year to $6.64 billion, while imports surged 38.8% to $6.02 billion, indicating robust domestic demand recovery and capital goods inflows.
• The trade surplus narrowed to $620 million as import growth significantly outpaced exports, tightening the external balance.
• The import spike was primarily driven by the full elimination of Argentina’s import licensing system in April 2025, which eased restrictions and accelerated purchases of foreign goods, machinery, and industrial inputs [Argentina - Import Requirements and Documentation].

Table: Import Key Metrics (Source: yTrade)

Table: Export Key Metrics (Source: yTrade)

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Argentina 2025 Mar Top Trading Products

Argentina Global Trade Core Summary

Argentina’s exports are heavily concentrated in agriculture and raw materials, with cereals (HS 10) and food industry residues (HS 23) making up over 20% of total exports. A significant portion (35.15%) falls under an unspecified HS code (99), suggesting potential unclassified or mixed goods. Mineral fuels (HS 27) and animal fats (HS 15) also play key roles, while manufactured goods like vehicles (HS 87) are a smaller share. Imports, however, are dominated by machinery (HS 84), vehicles (HS 87), and electrical equipment (HS 85), totaling nearly 47% of imports. This shows a reliance on foreign industrial goods.

Key Takeaways:

• Exports are agriculture and resource-heavy, with limited manufacturing.
• Imports focus on machinery, vehicles, and tech, indicating industrial dependency.
• Unclassified exports (HS 99) suggest gaps in trade data transparency.

Argentina Export-Import Structural Gap

Argentina’s trade structure highlights a classic resource-driven economy: it exports raw materials (cereals, fuels, animal products) but imports high-value machinery and vehicles. The overlap in vehicles (HS 87) as both a top export and import suggests some domestic assembly or processing, but the import value is more than double the export value, pointing to reliance on foreign inputs. The lack of high-tech exports and heavy machinery imports signals limited industrial upgrading. This gap underscores Argentina’s need to diversify exports beyond primary goods to reduce dependency on manufactured imports.

Table: Argentina Top Import & Export Product Categories (Source: yTrade)

Check Detailed Argentina Trade HS Code Breakdown

Argentina 2025 Mar Top Trading Countries

Argentina Global Trade Key Patterns

Argentina's exports show moderate diversification, with Brazil as the top destination (15.4% share, $1.03B), followed by the U.S. (8.6%, $569M) and Chile (8.3%, $554M). No single market dominates, but Latin America (Brazil, Chile, Uruguay, Peru) accounts for over 30% of exports. Imports are more concentrated, with Brazil (26%, $1.57B) and Mainland China (22.1%, $1.33B) supplying nearly half of all imports. The U.S. (8.5%, $512M) is the only other major supplier above 5%. Key takeaways:

• Exports spread across Americas, Asia, and Europe; imports rely heavily on Brazil and China.
• Latin America is the core export region; Asia and North America are secondary.
• Import dependence on Brazil and China creates supply-chain risks.

Argentina Export–Import Geographic Gap

Exports reach a broader mix of markets, while imports depend on two key suppliers (Brazil and China). The U.S., India, and Vietnam appear in both lists, suggesting some processing trade. The structure shows upstream dependency (narrow import sources) and downstream diversification (wider export destinations). Trade ties with Brazil are lopsided: it’s both Argentina’s top export destination and import source, but imports from Brazil are 50% higher than exports to it.

Table: Argentina Top Destiantion & Origin Countries (Source: yTrade)

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Frequently Asked Questions

What are the major products exported by Argentina in 2025 Mar?

Argentina's top exports include vehicles (HS Code 87, 35.15% share), cereals (HS Code 10, 12.64%), and food industry residues (HS Code 23, 8.44%). These three categories accounted for over half of total exports.

What are the main products Argentina imports in 2025 Mar?

The country primarily imports vehicles (HS Code 87, 18.10%), machinery (HS Code 84, 17.35%), and electrical equipment (HS Code 85, 11.59%). These products represent nearly half of Argentina's total imports.

Which countries are the top destinations for Argentina's exports in 2025 Mar?

Brazil was the largest export destination (26.02% share), followed by Mainland China (22.07%) and the United States (8.51%). These three markets received over half of Argentina's exports.

Which countries supply most of Argentina's imports in 2025 Mar?

Brazil was also the top import source (15.44%), with the United States (8.57%) and Chile (8.34%) as other key suppliers. These three countries accounted for nearly a third of Argentina's imports.

How balanced are Argentina's export and import markets in 2025 Mar?

Argentina maintained a $620 million trade surplus, though imports surged 38.8% year-on-year (to $6.02B) while exports grew only 2.5% (to $6.64B), significantly narrowing the surplus. The import spike followed the elimination of licensing restrictions.