Argentina - Germany Trade 2025 Q2: Growing Deficit
Key Market Takeaways: Argentina - Germany Trade
The bilateral trade relationship between Argentina and Germany reflects a volatile but growing deficit in Q2 2025.
- Economic Pulse: Argentina’s trade deficit with Germany hit $-544.39M (exports: $263.42M, imports: $807.81M), driven by surging German machinery imports despite erratic Argentine export performance.
- Exchange Structure: Argentina - Germany trade statistics reveal a resource-for-tech imbalance—Argentina’s exports are hyper-concentrated in niche goods (HS 99 at 49.34%), while Germany dominates with high-value machinery (HS 84) and pharmaceuticals (HS 30).
- Strategic Interdependence: Germany holds the leverage as a critical supplier of capital goods, while Argentina’s export volatility underscores reliance on narrow demand for primary products.
This bilateral trade snapshot is based on verified customs data from the yTrade database.
Argentina-Germany Trade Trend in Q2 2025
Argentina Export Performance: Shipments to Germany
- Total Volume: $263.42M in Q2 2025.
- Growth Trend & Context:
- Mixed YoY performance: April (+39.37%), May (+80.68%), June (+14.78%).
- Key Volatility: May saw a 74.37% MoM surge, followed by a sharp -40.53% drop in June.
Argentina Import Performance: Sourcing from Germany
- Total Volume: $807.81M in Q2 2025.
- Growth Trend & Context:
- Strong YoY growth across all months (April +47.86%, May +25.66%, June +23.57%).
- Key Volatility: April peaked at $309.78M (17.9% MoM rise), then declined -16.82% in May and -6.73% in June.
Argentina - Germany Trade Balance & Market Dynamics
- Net Position: Trade deficit of $-544.39M (Exports $263.42M vs. Imports $807.81M).
- Relationship Status: Heavy reliance on German imports, with exports failing to offset despite May’s export spike.
Argentina Import Trend from Germany 2025 Q2 (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Apr | 309.78M | 17.9% | 47.86% |
| May | 257.68M | -16.82% | 25.66% |
| Jun | 240.35M | -6.73% | 23.57% |
| Total | 807.81M | - | - |
Argentina Export Trend to Germany 2025 Q2 (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Apr | 69.68M | -29.1% | 39.37% |
| May | 121.49M | 74.37% | 80.68% |
| Jun | 72.25M | -40.53% | 14.78% |
| Total | 263.42M | - | - |
Get Historical Argentina Germany Trade Records
Argentina-Germany Top Trading Products in Q2 2025
Argentina Export Profile: What Does Argentina Sell to Germany
- Top Commodity: HS Code 99 (49.34% share).
- Demand Driver: Germany likely uses these for industrial processing or specialized applications (high concentration suggests niche demand).
- Concentration: Extreme—HS Code 99 alone accounts for nearly half of exports.
Argentina Import Profile: What Does Argentina Buy from Germany
- Top Commodity: HS Code 84 (27.27% share)—machinery/industrial equipment.
- Dependency Nature: Critical technology dependency, with machinery and pharmaceuticals (HS 30) dominating imports.
Argentina - Germany Trade Relationship Dynamics
- The Exchange Model: Resource-for-Tech Complementarity. Argentina exports niche/raw materials (HS 99, 02) while importing high-value machinery and pharmaceuticals.
- Value Chain Position: Germany holds the higher value-add position—its exports (HS 84, 30, 87) are capital-intensive, while Argentina’s top exports (HS 99, 02) suggest primary goods.
Import Analysis by Product: Germany to Argentina (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 84 | 220.31M | 27.27% |
| 30 | 166.95M | 20.67% |
| 87 | 110.61M | 13.69% |
| 85 | 44.50M | 5.51% |
| 90 | 43.23M | 5.35% |
| 39 | 31.02M | 3.84% |
| 38 | 30.10M | 3.73% |
| 27 | 29.69M | 3.68% |
| 29 | 25.92M | 3.21% |
| 73 | 13.13M | 1.63% |
Export Analysis by Product: Argentina to Germany (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 99 | 129.97M | 49.34% |
| 02 | 87.44M | 33.19% |
| 04 | 11.41M | 4.33% |
| 51 | 7.89M | 2.99% |
| 12 | 6.79M | 2.58% |
| 84 | 5.95M | 2.26% |
| 08 | 5.87M | 2.23% |
| 20 | 1.97M | 0.75% |
| 22 | 1.72M | 0.65% |
| 23 | 1.66M | 0.63% |
Check Detailed Argentina-Germany Trade HS Code Breakdown
Future Outlook & Strategic Recommendations
Forecast
Argentina’s trade with Germany in Q3 2025 will likely remain volatile, with exports struggling to close the widening deficit. While German demand for Argentina’s niche commodities (HS 99) may sustain, the June export drop (-40.53% MoM) signals fragility. Imports of German machinery (HS 84) and pharmaceuticals (HS 30) will continue dominating, deepening the resource-for-tech imbalance. Without structural shifts, Argentina’s trade deficit with Germany could exceed $-600M by year-end.
Strategic Moves
- Diversify Export Basket: Argentina must reduce reliance on HS 99 by promoting secondary commodities (e.g., agricultural goods under HS 02) to German buyers, mitigating concentration risk.
- Negotiate Tech Transfers: Leverage Germany’s machinery dependency to secure joint ventures or local production agreements, reducing import costs and boosting domestic capabilities.
- Lock In Forward Contracts: Traders should hedge against currency and commodity price swings, especially for HS 99 shipments, to stabilize revenue amid erratic monthly performance.
Frequently Asked Questions
How did Argentina - Germany trade perform in 2025 Q2?
Argentina's exports to Germany totaled $263.42M, with mixed YoY growth, while imports from Germany reached $807.81M, showing strong YoY growth across all months.
What are the top exports from Argentina to Germany?
The top export is HS Code 99, accounting for 49.34% of Argentina's exports to Germany, likely used for industrial processing or specialized applications.
What does Argentina import from Germany?
Argentina primarily imports machinery/industrial equipment (HS Code 84, 27.27% share) and pharmaceuticals (HS Code 30), reflecting a critical technology dependency.
What is the trade balance between Argentina and Germany?
Argentina recorded a trade deficit of $-544.39M in Q2 2025, with imports far exceeding exports despite May’s export spike.
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