Argentina - Italy Trade 2025 Q1: Volatile Deficit Dynamics
Key Market Takeaways: Argentina - Italy Trade
The bilateral trade relationship between Argentina and Italy shows mixed growth with high volatility in Q1 2025.
- Economic Pulse: Argentina runs a $200.78M trade deficit with Italy, importing twice as much ($402.18M) as it exports ($201.40M). Volatility dominates, with sharp monthly swings in both directions.
- Exchange Structure: Argentina - Italy trade statistics reveal a resource-for-tech dynamic—Argentina supplies agricultural byproducts (38.85% from HS 23) while relying on Italian machinery (43.93% from HS 84).
- Strategic Interdependence: The partnership is asymmetrically complementary, with Italy holding higher value-add in industrial goods and Argentina providing raw materials.
This bilateral trade snapshot is based on verified customs data from the yTrade database.
Argentina-Italy Trade Trend in Q1 2025
Argentina Export Performance: Shipments to Italy
- Total Volume: $201.40M in Q1 2025.
- Growth Trend & Context: Mixed YoY performance—February saw a 16.21% surge, but March dipped (-1.03%). No clear trend due to volatility.
- Key Volatility: January’s exports plummeted 42.17% MoM, the sharpest quarterly drop, followed by a partial recovery in February (+24.98%).
Argentina Import Performance: Sourcing from Italy
- Total Volume: $402.18M in Q1 2025.
- Growth Trend & Context: Strong YoY rebound in March (+62.07%) offset a weak January (-9.36%). No news to contextualize shifts.
- Key Volatility: February imports fell 12.83% MoM, but March rebounded (+14.4%), suggesting uneven demand or supply chain adjustments.
Argentina - Italy Trade Balance & Market Dynamics
- Net Position: Trade deficit of $200.78M (Imports exceed exports).
- Relationship Status: Argentina remains a net importer from Italy, with imports doubling exports. Dependency on Italian goods persists, though export recovery in February hints at potential rebalancing.
Argentina Import Trend from Italy 2025 Q1 (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Jan | 140.18M | 21.47% | -9.36% |
| Feb | 122.20M | -12.83% | 17.77% |
| Mar | 139.80M | 14.4% | 62.07% |
| Total | 402.18M | - | - |
Argentina Export Trend to Italy 2025 Q1 (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Jan | 56.75M | -42.17% | -18.83% |
| Feb | 70.93M | 24.98% | 16.21% |
| Mar | 73.72M | 3.94% | -1.03% |
| Total | 201.40M | - | - |
Get Historical Argentina Italy Trade Records
Argentina-Italy Top Trading Products in Q1 2025
Argentina Export Profile: What Does Argentina Sell to Italy
- Top Commodity: Rank #1 export is HS Code 23 (Residues and waste from the food industries) with a 38.85% share.
- Demand Driver: Italy likely uses these for industrial processing, such as animal feed or biofuel production.
- Concentration: The trade is moderately concentrated, with the top two categories (HS 23 and 99) accounting for 65% of exports.
Argentina Import Profile: What Does Argentina Buy from Italy
- Top Commodity: Rank #1 import is HS Code 84 (Nuclear reactors, boilers, machinery) with a 43.93% share.
- Dependency Nature: Critical technology dependency, as machinery and equipment dominate imports, indicating reliance on Italian industrial expertise.
Argentina - Italy Trade Relationship Dynamics
- The Exchange Model: Resource-for-Tech Complementarity—Argentina exports agricultural byproducts (HS 23, 02, 08) while importing high-value machinery (HS 84, 90).
- Value Chain Position: Italy holds the higher value-add position, supplying advanced industrial goods, while Argentina provides raw materials and intermediate products.
Import Analysis by Product: Italy to Argentina (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 84 | 176.66M | 43.93% |
| 30 | 42.93M | 10.67% |
| 90 | 24.04M | 5.98% |
| 85 | 20.12M | 5.00% |
| 87 | 19.18M | 4.77% |
| 73 | 12.70M | 3.16% |
| 29 | 10.55M | 2.62% |
| 39 | 9.92M | 2.47% |
| 72 | 9.29M | 2.31% |
| 38 | 9.01M | 2.24% |
Export Analysis by Product: Argentina to Italy (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 23 | 78.25M | 38.85% |
| 99 | 52.66M | 26.15% |
| 02 | 16.29M | 8.09% |
| 08 | 10.34M | 5.14% |
| 03 | 10.10M | 5.02% |
| 12 | 8.19M | 4.07% |
| 38 | 7.79M | 3.87% |
| 07 | 7.52M | 3.73% |
| 51 | 4.12M | 2.04% |
| 15 | 2.87M | 1.43% |
Check Detailed Argentina-Italy Trade HS Code Breakdown
Future Outlook & Strategic Recommendations
Forecast for Argentina-Italy Trade
The Argentina-Italy trade relationship is expected to remain volatile in Q2 2025, with exports facing uneven demand while imports continue to dominate. The rebound in February’s exports suggests potential for recovery, but persistent deficits and reliance on Italian machinery (HS 84) indicate structural imbalances. Traders should anticipate price fluctuations in agricultural byproducts (HS 23) and monitor Italy’s industrial demand closely. Without diversification or policy intervention, Argentina’s trade deficit with Italy may widen further.
Strategic Moves for Traders & Policymakers
- Lock in Long-Term Supply Contracts: Argentine exporters of HS 23 (food industry residues) should secure fixed-price agreements with Italian buyers to mitigate volatility.
- Diversify Import Sources: Reduce dependency on Italian machinery (HS 84) by exploring alternative suppliers in Germany or China to improve bargaining power.
- Boost Value-Added Exports: Argentine agribusinesses should invest in processing capabilities to upgrade raw material exports (e.g., animal feed pellets instead of unprocessed waste) and capture higher margins.
Frequently Asked Questions
How did Argentina - Italy trade perform in 2025 Q1?
Argentina's exports to Italy totaled $201.40M, with mixed YoY growth, while imports reached $402.18M, showing a strong rebound in March.
What are the top exports from Argentina to Italy?
The top export is HS Code 23 (Residues and waste from the food industries), accounting for 38.85% of shipments, followed by other agricultural byproducts.
What does Argentina import from Italy?
The top import is HS Code 84 (Nuclear reactors, boilers, machinery), representing 43.93% of imports, highlighting Argentina's reliance on Italian industrial technology.
What is the trade balance between Argentina and Italy?
Argentina recorded a trade deficit of $200.78M, with imports doubling exports, though February's export recovery suggests potential rebalancing.
Argentina - Italy Trade 2024 Q4: Volatile Swings, Resource-Tech Exchange
Argentina's trade with Italy in Q4 2024 shows erratic growth, with agricultural exports surging 289% while machinery imports dominate. Explore the latest Argentina Italy trade trends and top trading products on yTrade.
Argentina - Italy Trade 2025 Q2: Deficit Widens
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