Argentina - Switzerland Trade 2025 Q1: Surge in Exports

Key Market Takeaways: Argentina - Switzerland Trade

The bilateral trade relationship between Argentina and Switzerland surged in Q1 2025, with Argentina maintaining a strong net exporter role.

• Economic Pulse: Argentina posted a $481.51M trade surplus, exporting $646.77M (up 130% YoY) while importing $165.26M. Volatility spiked in March with a 75.85% MoM export jump.
• Exchange Structure: Argentina - Switzerland trade statistics reveal a resource-for-tech model—98.75% of exports are precious metals (HS 71) for Swiss industry, while 70.07% of imports are pharmaceuticals (HS 30).
• Strategic Interdependence: Highly complementary but asymmetric: Switzerland captures higher value-add, while Argentina relies on commodity exports.

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

Argentina-Switzerland Trade Trend in Q1 2025

Argentina Export Performance: Shipments to Switzerland

• Total Volume: $646.77M in Q1 2025.
• Growth Trend & Context:
  • YoY growth exceeded 130% in all months, peaking at 202.99% in March.
  • No specific trade news to explain the surge.
• Key Volatility: March saw the highest export value ($270.44M) and a 75.85% MoM jump.

Argentina Import Performance: Sourcing from Switzerland

• Total Volume: $165.26M in Q1 2025.
• Growth Trend & Context:
  • YoY growth fluctuated, from 1.79% in February to 55.71% in January.
• Key Volatility: February imports dropped 43.15% MoM to $38.84M, the lowest in the quarter.

Argentina - Switzerland Trade Balance & Market Dynamics

• Net Position: Argentina holds a trade surplus of $481.51M (Exports: $646.77M > Imports: $165.26M).
• Relationship Status: Strong net exporter role, with exports nearly 4x imports.

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

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

Get Historical Argentina Switzerland Trade Records

Argentina-Switzerland Top Trading Products in Q1 2025

Argentina Export Profile: What Does Argentina Sell to Switzerland

• Top Commodity: Rank #1 export is HS 71 (Pearls, precious stones, metals) with 98.75% share.
• Demand Driver: Switzerland likely uses these for industrial processing (e.g., watchmaking, jewelry).
• Concentration: Extreme dominance by HS 71 (>50% share), indicating high trade reliance on this category.

Argentina Import Profile: What Does Argentina Buy from Switzerland

• Top Commodity: Rank #1 import is HS 30 (Pharmaceuticals) with 70.07% share.
• Dependency Nature: Critical technology dependency, as pharmaceuticals require advanced manufacturing.

Argentina - Switzerland Trade Relationship Dynamics

• The Exchange Model: Resource-for-Tech Complementarity—Argentina exports raw materials (precious metals) and imports high-value pharmaceuticals.
• Value Chain Position: Switzerland holds the higher value-add position, evidenced by advanced exports (pharma, machinery) vs. Argentina’s commodity-heavy exports.

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

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

Check Detailed Argentina-Switzerland Trade HS Code Breakdown

Future Outlook & Strategic Recommendations

Forecast

Argentina’s trade surplus with Switzerland is set to widen further in Q2 2025, driven by sustained Swiss demand for precious metals (HS 71) and Argentina’s reliance on high-value pharmaceutical imports (HS 30). The explosive YoY export growth (130%+) signals strong commodity demand, but traders should monitor potential volatility, especially if March’s 75.85% MoM surge proves unsustainable. With Switzerland’s industrial sector dependent on Argentine raw materials and Argentina’s pharma imports critical for domestic needs, this resource-for-tech exchange will remain the backbone of bilateral trade.

Strategic Moves

• Lock in Precious Metal Contracts: Argentine exporters should secure long-term agreements with Swiss buyers to stabilize revenue streams amid fluctuating commodity prices.
• Diversify Import Sources for Pharmaceuticals: Reduce dependency on Swiss pharma imports by exploring alternative suppliers in Germany or India to mitigate supply chain risks.
• Invest in Value-Added Processing: Argentine firms must explore refining precious metals domestically before export to capture higher margins and reduce reliance on raw commodity sales.

Frequently Asked Questions

How did Argentina - Switzerland trade perform in 2025 Q1?

Argentina's exports to Switzerland surged by over 130% YoY, totaling $646.77M, while imports grew unevenly to $165.26M.

What are the top exports from Argentina to Switzerland?

HS 71 (Pearls, precious stones, metals) dominated with a 98.75% share of Argentina's exports to Switzerland.

What does Argentina import from Switzerland?

HS 30 (Pharmaceuticals) was the top import, accounting for 70.07% of Argentina's purchases from Switzerland.

What is the trade balance between Argentina and Switzerland?

Argentina held a trade surplus of $481.51M, with exports nearly quadrupling imports in Q1 2025.