Argentina - Netherlands Trade 2024 Whole Year: $1.32B Surplus
Key Market Takeaways: Argentina - Netherlands Trade
The bilateral trade relationship between Argentina and Netherlands is marked by Argentina's dominant export role and volatile trade flows in 2024.
- Economic Pulse: Argentina holds a $1.32B surplus ($1.70B exports vs. $380M imports), but both sides face sharp volatility—exports swung from -54.6% to +134.2% YoY, while imports consistently declined.
- Exchange Structure: Argentina - Netherlands trade statistics reveal a resource-for-tech model: Argentina supplies oilseeds (HS 12) and unclassified goods (HS 99), while importing Dutch machinery (HS 84) and mineral fuels (HS 27).
- Strategic Interdependence: Highly complementary but asymmetric—Argentina relies on Dutch high-value tech, while the Netherlands sources raw materials for processing.
This bilateral trade snapshot is based on verified customs data from the yTrade database.
Argentina-Netherlands Trade Trend in Whole Year 2024
Argentina Export Performance: Shipments to Netherlands
- Total Volume: $1.70B in 2024.
- Growth Trend & Context:
- Volatile YoY performance, with sharp declines early in the year (e.g., -54.65% in March) followed by strong rebounds (e.g., +134.2% in December).
- No specific trade news to explain fluctuations.
- Key Volatility: July saw the highest MoM surge (+138.51%), while March and June recorded steep drops (-38.79% and -45.43%, respectively).
Argentina Import Performance: Sourcing from Netherlands
- Total Volume: $380.07M in 2024.
- Growth Trend & Context:
- Consistently negative YoY trends, with September (-70.81%) and February (-72.3%) as the weakest months.
- No news context provided for the declines.
- Key Volatility: April had the highest MoM jump (+97.88%), while May and June saw sharp contractions (-51.02% and -27.98%).
Argentina - Netherlands Trade Balance & Market Dynamics
- Net Position: Argentina holds a trade surplus of $1.32B ($1.70B exports vs. $380.07M imports).
- Relationship Status: Dominant exporter role, with exports exceeding imports by nearly 4.5x. Demand from the Netherlands remains subdued, as reflected in the persistent YoY import declines.
Argentina Import Trend from Netherlands 2024 Whole Year (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Jan | 35.09M | 36.79% | -30.78% |
| Feb | 26.99M | -23.09% | -72.3% |
| Mar | 25.87M | -4.14% | -68.56% |
| Apr | 51.20M | 97.88% | -13.25% |
| May | 25.08M | -51.02% | -11.0% |
| Jun | 18.06M | -27.98% | -26.79% |
| Jul | 22.99M | 27.3% | -65.37% |
| Aug | 26.92M | 17.09% | -49.08% |
| Sep | 31.22M | 15.98% | -70.81% |
| Oct | 35.05M | 12.26% | -34.16% |
| Nov | 46.16M | 31.71% | -16.2% |
| Dec | 35.42M | -23.26% | 38.08% |
| Total | 380.07M | - | - |
Argentina Export Trend to Netherlands 2024 Whole Year (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Jan | 86.11M | 5.49% | -39.48% |
| Feb | 94.74M | 10.02% | -0.51% |
| Mar | 57.99M | -38.79% | -54.65% |
| Apr | 117.90M | 103.31% | -42.98% |
| May | 178.89M | 51.73% | 71.16% |
| Jun | 97.61M | -45.43% | 7.36% |
| Jul | 232.81M | 138.51% | 51.08% |
| Aug | 136.90M | -41.2% | -14.6% |
| Sep | 182.52M | 33.33% | 36.87% |
| Oct | 128.28M | -29.72% | -1.63% |
| Nov | 191.45M | 49.24% | 45.33% |
| Dec | 191.17M | -0.14% | 134.2% |
| Total | 1.70B | - | - |
Get Historical Argentina Netherlands Trade Records
Argentina-Netherlands Top Trading Products in Whole Year 2024
Argentina Export Profile: What Does Argentina Sell to Netherlands
- Top Commodity: HS Code 99 (22.44% share) and HS Code 12 (22.03% share) dominate exports. These likely represent unclassified goods and oilseeds/grains, respectively.
- Demand Driver: Netherlands imports raw materials (HS 12, 23, 02) for industrial processing, particularly in agri-food sectors. HS 99 suggests re-exports or transit trade.
- Concentration: The top 5 codes account for 83.81% of exports, indicating extreme reliance on a few commodities.
Argentina Import Profile: What Does Argentina Buy from Netherlands
- Top Commodity: HS Code 27 (19.78% share), primarily mineral fuels/oils, is the largest import.
- Dependency Nature: Imports are skewed toward energy (HS 27), machinery (HS 84), and pharmaceuticals (HS 30), reflecting critical technology and energy dependencies.
Argentina - Netherlands Trade Relationship Dynamics
- The Exchange Model: Resource-for-Tech Complementarity. Argentina exports raw materials (oilseeds, meats, hides) while importing high-value tech (machinery, pharmaceuticals) and energy.
- Value Chain Position: Netherlands holds the higher value-add position, with complex exports (machinery, pharma) versus Argentina’s commodity-heavy outbound trade.
Import Analysis by Product: Netherlands to Argentina (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 27 | 75.19M | 19.78% |
| 84 | 55.00M | 14.47% |
| 38 | 40.71M | 10.71% |
| 30 | 38.43M | 10.11% |
| 31 | 31.02M | 8.16% |
| 90 | 21.05M | 5.54% |
| 21 | 21.00M | 5.52% |
| 39 | 12.39M | 3.26% |
| 85 | 10.59M | 2.79% |
| 35 | 10.20M | 2.68% |
Export Analysis by Product: Argentina to Netherlands (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 99 | 380.62M | 22.44% |
| 12 | 373.75M | 22.03% |
| 38 | 288.02M | 16.98% |
| 23 | 200.64M | 11.83% |
| 02 | 178.55M | 10.53% |
| 27 | 101.72M | 6.00% |
| 20 | 57.73M | 3.40% |
| 29 | 30.87M | 1.82% |
| 22 | 21.65M | 1.28% |
| 10 | 21.56M | 1.27% |
Check Detailed Argentina-Netherlands Trade HS Code Breakdown
Future Outlook & Strategic Recommendations
Forecast
Argentina’s trade surplus with the Netherlands is expected to hold steady in 2025, driven by sustained demand for its raw materials, particularly oilseeds (HS 12) and unclassified goods (HS 99). However, volatility in export volumes may persist due to fluctuating commodity prices and potential supply chain disruptions. The Netherlands’ declining imports from Argentina signal a need for diversification, but the resource-for-tech complementarity will likely keep the trade relationship intact. Traders should prepare for uneven monthly performance, with potential rebounds in Q4 aligning with historical trends.
Strategic Moves
- Lock in Agri-Commodity Contracts: Exporters of oilseeds and grains (HS 12) should secure long-term agreements with Dutch buyers to stabilize revenue amid price swings.
- Diversify Energy Imports: Argentina’s reliance on Dutch mineral fuels (HS 27) is a vulnerability. Importers should explore alternative suppliers to mitigate supply risks.
- Upgrade Export Mix: To reduce dependence on raw materials, Argentina must incentivize value-added processing (e.g., refined oils, leather goods) to capture higher margins in the Dutch market.
Frequently Asked Questions
How did Argentina - Netherlands trade perform in 2024 Whole Year?
Argentina exported $1.70B to the Netherlands and imported $380.07M, with volatile export growth and consistently declining imports.
What are the top exports from Argentina to Netherlands?
The top exports are unclassified goods (HS Code 99) and oilseeds/grains (HS Code 12), accounting for over 44% of total exports.
What does Argentina import from Netherlands?
Argentina primarily imports mineral fuels/oils (HS Code 27), machinery (HS Code 84), and pharmaceuticals (HS Code 30) from the Netherlands.
What is the trade balance between Argentina and Netherlands?
Argentina holds a trade surplus of $1.32B, with exports exceeding imports by nearly 4.5x in 2024.
Argentina - Netherlands Trade 2023 Q4: Sharp Decline
Argentina's trade surplus with the Netherlands narrowed in Q4 2023 as both exports and imports fell. Explore Argentina Netherlands trade trends and top trading products via yTrade data.
Argentina - Netherlands Trade 2024 Q3: Surplus & Volatility
Argentina's trade surplus with the Netherlands hit $471.1M in Q3 2024, driven by oilseeds and animal feed exports. Explore Argentina Netherlands trade trends and top trading products via yTrade data.
