Argentina - Switzerland Trade 2025 Q2: Surplus & Tech Imbalance
Key Market Takeaways: Argentina - Switzerland Trade
The bilateral trade relationship between Argentina and Switzerland is marked by volatile growth and a strong surplus for Argentina in Q2 2025.
- Economic Pulse: Argentina holds a $413.75M trade surplus, with exports ($594.74M) outpacing imports ($180.99M) by 3.3x. June’s export surge (+180.32% YoY) drove the imbalance.
- Exchange Structure: Argentina - Switzerland trade statistics reveal a resource-for-tech dynamic—Argentina ships precious metals (97.66% of exports) while importing high-value pharmaceuticals (54.06% of imports).
- Strategic Interdependence: The partnership is highly complementary but lopsided, with Switzerland dominating high-value manufacturing and Argentina reliant on commodity exports.
This bilateral trade snapshot is based on verified customs data from the yTrade database.
Argentina-Switzerland Trade Trend in Q2 2025
Argentina Export Performance: Shipments to Switzerland
- Total Volume: $594.74M in Q2 2025.
- Growth Trend & Context:
- YoY swings were volatile: April (-26.07%), May (-20.33%), June (+180.32%). The June surge offset earlier declines.
- No specific trade news to explain the fluctuations.
- Key Volatility: May saw a +58.77% MoM jump, while April dropped -51.67% MoM.
Argentina Import Performance: Sourcing from Switzerland
- Total Volume: $180.99M in Q2 2025.
- Growth Trend & Context:
- YoY growth turned sharply positive in June (+49.69%) after April (-24.78%) and May (+18.85%).
- Key Volatility: June imports spiked +30.02% MoM, marking the quarter’s peak.
Argentina - Switzerland Trade Balance & Market Dynamics
- Net Position: Argentina holds a trade surplus of $413.75M (Exports $594.74M vs. Imports $180.99M).
- Relationship Status: Strong net exporter role, with exports 3.3x higher than imports. June’s export surge drove the imbalance.
Argentina Import Trend from Switzerland 2025 Q2 (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Apr | 52.23M | -10.13% | -24.78% |
| May | 55.98M | 7.18% | 18.85% |
| Jun | 72.78M | 30.02% | 49.69% |
| Total | 180.99M | - | - |
Argentina Export Trend to Switzerland 2025 Q2 (Source: yTrade)**
| Month | Value | MoM | YoY |
|---|---|---|---|
| Apr | 130.69M | -51.67% | -26.07% |
| May | 207.51M | 58.77% | -20.33% |
| Jun | 256.54M | 23.63% | 180.32% |
| Total | 594.74M | - | - |
Get Historical Argentina Switzerland Trade Records
Argentina-Switzerland Top Trading Products in Q2 2025
Argentina Export Profile: What Does Argentina Sell to Switzerland
- Top Commodity: Rank #1 export is HS Code 71 (Precious Stones/Metals) at 97.66% share.
- Demand Driver: Switzerland likely processes these raw materials for high-value jewelry, watches, or financial reserves.
- Concentration: Extreme dominance by a single category (97.66%), indicating high trade vulnerability.
Argentina Import Profile: What Does Argentina Buy from Switzerland
- Top Commodity: Rank #1 import is HS Code 30 (Pharmaceuticals) at 54.06% share.
- Dependency Nature: Critical technology dependency, as pharmaceuticals require advanced R&D and manufacturing capabilities.
Argentina - Switzerland Trade Relationship Dynamics
- The Exchange Model: Resource-for-Tech Complementarity. Argentina exports raw materials (precious metals) and imports high-tech goods (pharmaceuticals, machinery).
- Value Chain Position: Switzerland holds the higher value-add position, with exports dominated by advanced pharmaceuticals (HS 30) and precision instruments (HS 84, 90, 91). Argentina’s exports are concentrated in low-processed commodities.
Import Analysis by Product: Switzerland to Argentina (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 30 | 97.84M | 54.06% |
| 29 | 22.84M | 12.62% |
| 84 | 17.02M | 9.40% |
| 91 | 9.62M | 5.31% |
| 90 | 7.29M | 4.03% |
| 09 | 7.07M | 3.90% |
| 85 | 6.04M | 3.34% |
| 39 | 2.56M | 1.42% |
| 32 | 2.36M | 1.31% |
| 33 | 1.64M | 0.91% |
Export Analysis by Product: Argentina to Switzerland (Source: yTrade)
| HS Code | Value | Percent |
|---|---|---|
| 71 | 580.83M | 97.66% |
| 99 | 5.93M | 1.00% |
| 02 | 3.98M | 0.67% |
| 22 | 2.99M | 0.50% |
| 04 | 1.00M | 0.17% |
Check Detailed Argentina-Switzerland Trade HS Code Breakdown
Future Outlook & Strategic Recommendations
Forecast for Argentina-Switzerland Trade
Argentina’s trade surplus with Switzerland is expected to remain robust in Q3 2025, driven by sustained demand for precious metals (HS 71) and potential volatility in pharmaceutical imports (HS 30). The June export surge suggests Swiss refiners and manufacturers are stockpiling raw materials, but traders should prepare for possible corrections after such a sharp spike. Meanwhile, Switzerland’s high-value pharmaceutical exports to Argentina will likely grow steadily, given structural dependencies. However, Argentina’s overreliance on a single export commodity (97.66% share) leaves it exposed to price swings—diversification is critical to mitigate risk.
Strategic Moves for Traders & Policymakers
- Lock in Long-Term Contracts for Precious Metals: Argentine exporters should secure fixed-price agreements with Swiss buyers to stabilize revenue amid volatile commodity markets.
- Diversify Export Basket Beyond HS 71: Argentina must reduce vulnerability by promoting secondary exports (e.g., agricultural tech or renewable energy components) to Switzerland.
- Boost Local Pharma Capacity to Cut Import Reliance: Argentine importers should partner with Swiss firms for technology transfers or joint ventures to lessen dependence on HS 30 shipments.
Frequently Asked Questions
How did Argentina - Switzerland trade perform in 2025 Q2?
Argentina exported $594.74M to Switzerland, with volatile YoY growth, while imports totaled $180.99M, showing a sharp June surge.
What are the top exports from Argentina to Switzerland?
HS Code 71 (Precious Stones/Metals) dominated Argentina’s exports to Switzerland, accounting for 97.66% of total shipments.
What does Argentina import from Switzerland?
HS Code 30 (Pharmaceuticals) was Argentina’s top import from Switzerland, making up 54.06% of total imports.
What is the trade balance between Argentina and Switzerland?
Argentina held a trade surplus of $413.75M, with exports 3.3x higher than imports in Q2 2025.
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