Argentina - Peru Trade 2025 Q2: $570M Surplus Dominance
Key Market Takeaways: Argentina - Peru Trade
The bilateral trade relationship between Argentina and Peru shows growth with high volatility in Q2 2025.
- Argentina dominates with a $570.79M surplus, exporting $654.98M (led by cereals) while importing just $84.19M (cocoa, fruits).
- Argentina - Peru trade statistics reveal a resource-for-food exchange: Argentina supplies bulk cereals (36% of exports) and vehicles, while Peru provides niche agricultural goods.
- Complementary but lopsided: Argentina’s exports are nearly 8x Peru’s, highlighting asymmetric interdependence in food and industrial supply chains.
This bilateral trade snapshot is based on verified customs data from the yTrade database.
Argentina-Peru Trade Trend in Q2 2025
Argentina Export Performance: Shipments to Peru
- Total Volume: $654.98M in Q2 2025.
- Growth Trend & Context:
- YoY growth was mixed, with May showing a -12.35% decline but April and June posting strong gains (54.42% and 29.55%, respectively).
- No specific trade news or policy changes were reported to explain these fluctuations.
- Key Volatility: May saw a sharp -38.41% MoM drop, while June rebounded with a 34.12% MoM increase.
Argentina Import Performance: Sourcing from Peru
- Total Volume: $84.19M in Q2 2025.
- Growth Trend & Context:
- YoY growth remained robust, with May and June exceeding 100% YoY expansion despite April’s 46.23% rise.
- Key Volatility: June imports fell -17.9% MoM after a slight 0.68% uptick in May.
Argentina - Peru Trade Balance & Market Dynamics
- Net Position: Argentina holds a trade surplus of $570.79M (Exports: $654.98M vs. Imports: $84.19M).
- Relationship Status: Argentina is a dominant net exporter to Peru, with exports nearly 8x the value of imports.
Argentina Import Trend from Peru 2025 Q2 (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Apr | 29.72M | -6.2% | 46.23% |
| May | 29.92M | 0.68% | 123.1% |
| Jun | 24.56M | -17.9% | 100.35% |
| Total | 84.19M | - | - |
Argentina Export Trend to Peru 2025 Q2 (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Apr | 268.22M | 23.99% | 54.42% |
| May | 165.19M | -38.41% | -12.35% |
| Jun | 221.56M | 34.12% | 29.55% |
| Total | 654.98M | - | - |
Get Historical Argentina Peru Trade Records
Argentina-Peru Top Trading Products in Q2 2025
Argentina Export Profile: What Does Argentina Sell to Peru
- Top Commodity: Cereals (HS Code 10) dominate exports, accounting for 36.35% of total value.
- Demand Driver: Peru relies on Argentine cereals for food security and industrial processing (e.g., milling, livestock feed).
- Concentration: The top 3 exports (HS Codes 10, 99, 87) make up 80.84% of trade, indicating high reliance on a narrow basket of goods.
Argentina Import Profile: What Does Argentina Buy from Peru
- Top Commodity: Cocoa and cocoa preparations (HS Code 18) lead imports with a 28.18% share.
- Dependency Nature: Agricultural imports (HS Codes 18, 08, 25) suggest Peru supplies niche food products Argentina either lacks or sources competitively.
Argentina - Peru Trade Relationship Dynamics
- The Exchange Model: Resource-for-Food Complementarity. Argentina exports bulk cereals (HS 10) and vehicles (HS 87) while importing Peruvian cocoa (HS 18) and fruits (HS 08).
- Value Chain Position: Argentina holds the higher value-add position, exporting processed goods (vehicles, HS 87) and commodities (cereals, HS 10) versus Peru’s lower-value agricultural exports.
Import Analysis by Product: Peru to Argentina (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 18 | 23.73M | 28.18% |
| 08 | 8.66M | 10.28% |
| 25 | 7.40M | 8.79% |
| 74 | 6.23M | 7.40% |
| 73 | 4.97M | 5.90% |
| 84 | 4.32M | 5.13% |
| 61 | 4.25M | 5.05% |
| 39 | 3.41M | 4.05% |
| 32 | 2.98M | 3.54% |
| 15 | 2.50M | 2.97% |
Export Analysis by Product: Argentina to Peru (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 10 | 238.08M | 36.35% |
| 99 | 186.10M | 28.41% |
| 87 | 105.33M | 16.08% |
| 15 | 64.24M | 9.81% |
| 03 | 23.40M | 3.57% |
| 30 | 6.39M | 0.98% |
| 08 | 6.19M | 0.94% |
| 02 | 5.43M | 0.83% |
| 22 | 3.71M | 0.57% |
| 33 | 2.25M | 0.34% |
Check Detailed Argentina-Peru Trade HS Code Breakdown
Future Outlook & Strategic Recommendations
Forecast
Argentina’s trade surplus with Peru is expected to widen in Q3 2025, driven by sustained demand for cereals (HS 10) and potential recovery in vehicle exports (HS 87). However, volatility in monthly shipments—evident in Q2’s erratic YoY swings—calls for caution, as unseasonal weather or policy shifts in Peru could disrupt flows. The resource-for-food complementarity will likely hold, but exporters must prepare for tighter margins if global grain prices soften.
Strategic Moves
- Lock in Cereal Contracts: Argentine agribusinesses should secure forward contracts with Peruvian buyers to stabilize revenue amid fluctuating monthly demand.
- Diversify Import Sources: Reduce reliance on Peruvian cocoa (HS 18) by exploring alternative suppliers in Ecuador or Colombia to mitigate price spikes.
- Expand Value-Added Exports: Capitalize on Peru’s growing middle class by promoting processed foods or automotive parts (HS 87) beyond bulk commodities.
Frequently Asked Questions
How did Argentina - Peru trade perform in 2025 Q2?
Argentina exported $654.98M to Peru, with mixed YoY growth, while imports from Peru totaled $84.19M, showing robust YoY expansion.
What are the top exports from Argentina to Peru?
Cereals (HS Code 10) dominate, followed by other top exports under HS Codes 99 and 87, accounting for 80.84% of total trade.
What does Argentina import from Peru?
Cocoa and cocoa preparations (HS Code 18) lead imports, alongside agricultural products like fruits (HS Code 08) and other niche food items.
What is the trade balance between Argentina and Peru?
Argentina holds a trade surplus of $570.79M, with exports nearly 8x the value of imports.
Argentina - Peru Trade 2025 Q1: Export Dominance
Argentina's $545.96M trade surplus with Peru highlights its export dominance, driven by cereals and animal fats. Discover key Argentina Peru trade trends and top trading products via yTrade data.
Argentina Petroleum Gases Export Market -- HS Code 2711 Trade Data & Price Trend (Apr 2025)
Argentina's Petroleum Gases (HS Code 2711) Export saw bulk natural gas dominate (64.94% value), with prices at $0.91/kg and Chile absorbing 68.98% of shipments, per yTrade data.
