Argentina - Mexico Trade 2025 Q1: Deficit & Tech Exchange

Key Market Takeaways: Argentina - Mexico Trade

The bilateral trade relationship between Argentina and Mexico shows growth with high volatility in Q1 2025.

• Trade Deficit Dominates: Argentina’s imports from Mexico ($364.06M) far exceed exports ($130.39M), creating a $233.67M deficit. Volatility marked both flows, with sharp YoY swings.
• Resource-for-Tech Exchange: Argentina - Mexico trade statistics reveal a lopsided structure: Argentina exports a single commodity (HS Code 99, 63.86% share, likely raw materials) while importing high-value vehicles (HS Code 87) and machinery from Mexico.
• Asymmetric Interdependence: Mexico holds the higher value-add position, reflecting Argentina’s reliance on Mexican tech and manufacturing inputs.

This bilateral trade snapshot is based on verified customs data from the yTrade database.

Argentina-Mexico Trade Trend in Q1 2025

Argentina Export Performance: Shipments to Mexico

• Total Volume: $130.39M in Q1 2025.
• Growth Trend & Context:
  • YoY volatility: Sharp declines in January (-38.04%) and March (-61.97%) offset a 12.58% YoY rise in February.
• Key Volatility: February saw a 41.45% MoM surge, while March dropped 22.03% MoM.

Argentina Import Performance: Sourcing from Mexico

• Total Volume: $364.06M in Q1 2025.
• Growth Trend & Context:
  • Mixed YoY performance: March imports grew 26.83% YoY, but January (-6.93%) and February (-16.19%) contracted.
• Key Volatility: March imports spiked 68.09% MoM after a 7.09% MoM dip in February.

Argentina - Mexico Trade Balance & Market Dynamics

• Net Position: Trade deficit of $233.67M (Imports exceeded exports).
• Relationship Status: Argentina remains a net importer from Mexico, with imports nearly 2.8x exports in Q1. Volatility in both flows suggests uneven trade momentum.

Argentina Import Trend from Mexico 2025 Q1 (Source: yTrade)**

Argentina Export Trend to Mexico 2025 Q1 (Source: yTrade)**

Get Historical Argentina Mexico Trade Records

Argentina-Mexico Top Trading Products in Q1 2025

Argentina Export Profile: What Does Argentina Sell to Mexico

• Top Commodity: Rank #1 export is HS Code 99 (63.86% share).
• Demand Driver: Mexico likely uses these for industrial processing, given the high concentration in a single category.
• Concentration: Trade is heavily dominated by HS Code 99 (>50% share), indicating low diversification.

Argentina Import Profile: What Does Argentina Buy from Mexico

• Top Commodity: Rank #1 import is HS Code 87 (29.45% share).
• Dependency Nature: Critical technology dependency, as HS Code 87 (vehicles) and HS Code 84 (machinery) dominate imports.

Argentina - Mexico Trade Relationship Dynamics

• The Exchange Model: Resource-for-Tech Complementarity. Argentina exports a concentrated commodity (likely raw materials) to Mexico, while importing high-value machinery and vehicles.
• Value Chain Position: Mexico holds the higher value-add position, given its exports of complex machinery and vehicles compared to Argentina's concentrated, likely lower-value exports.

Import Analysis by Product: Mexico to Argentina (Source: yTrade)

Export Analysis by Product: Argentina to Mexico (Source: yTrade)

Check Detailed Argentina-Mexico Trade HS Code Breakdown

Future Outlook & Strategic Recommendations

Forecast for Argentina-Mexico Trade

The Argentina-Mexico trade relationship is likely to remain volatile in the near term, with Argentina’s deficit persisting due to structural imbalances. While Mexico’s demand for Argentina’s concentrated commodity exports (HS Code 99) may stabilize, the heavy reliance on Mexican machinery and vehicles (HS Codes 87 & 84) will keep the trade deficit wide. Expect uneven monthly performance, but a modest rebound in Argentine exports could emerge if raw material prices rise. However, without diversification, Argentina’s position as a net importer will harden.

Strategic Moves for Traders & Policymakers

• Diversify Export Markets: Argentina must reduce dependence on HS Code 99 by identifying and promoting secondary export categories to Mexico, such as agricultural byproducts or processed goods, to mitigate volatility.
• Secure Long-Term Tech Supply Contracts: Argentine importers should lock in favorable terms for critical machinery and vehicle imports (HS Codes 87 & 84) to hedge against price spikes and supply chain disruptions.
• Leverage Trade Diplomacy for Balanced Growth: Argentine negotiators should push for reciprocal trade incentives, such as reduced tariffs on value-added exports, to rebalance the lopsided resource-for-tech exchange with Mexico.

Frequently Asked Questions

How did Argentina - Mexico trade perform in 2025 Q1?

Argentina's exports to Mexico totaled $130.39M, with mixed YoY growth, while imports from Mexico reached $364.06M, showing a trade deficit of $233.67M for Argentina.

What are the top exports from Argentina to Mexico?

Argentina's top export to Mexico is HS Code 99, accounting for 63.86% of total exports, likely representing raw materials for industrial processing.

What does Argentina import from Mexico?

Argentina primarily imports HS Code 87 (vehicles, 29.45% share) and HS Code 84 (machinery), reflecting a technology dependency.

What is the trade balance between Argentina and Mexico?

Argentina recorded a trade deficit of $233.67M, with imports from Mexico nearly 2.8x higher than exports in Q1 2025.