Argentina - Vietnam Trade 2025 Q1: Surplus Soars

Key Market Takeaways: Argentina - Vietnam Trade

The bilateral trade relationship between Argentina and Vietnam is marked by a widening surplus driven by surging import demand from Vietnam in Q1 2025.

• Economic Pulse: Argentina holds a $413.06M trade surplus ($752.55M exports vs. $339.49M imports), with exports growing unevenly (+38.33% YoY peak) while imports skyrocketed (+367.12% YoY in March).
• Exchange Structure: Argentina - Vietnam trade statistics reveal a resource-for-tech complementarity—Argentina supplies agricultural residues (56% of exports) and cereals, while Vietnam dominates with electrical machinery (65% of imports).
• Strategic Interdependence: The partnership is highly complementary, with Vietnam leveraging higher value-add exports and Argentina relying on raw material sales.

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

Argentina-Vietnam Trade Trend in Q1 2025

Argentina Export Performance: Shipments to Vietnam

• Total Volume: $752.55M in Q1 2025.
• Growth Trend & Context:
  • Mixed YoY performance: +38.33% in January, +20.57% in February, but -6.81% in March.
  • No specific trade news to explain the March contraction.
• Key Volatility: March saw the highest MoM growth (+21.35%), while January had a -22.2% decline.

Argentina Import Performance: Sourcing from Vietnam

• Total Volume: $339.49M in Q1 2025.
• Growth Trend & Context:
  • Explosive YoY growth across all months: +206.17% (Jan), +183.04% (Feb), +367.12% (Mar).
• Key Volatility: March recorded the highest value ($123.12M) and YoY surge, while February dipped -26.16% MoM.

Argentina - Vietnam Trade Balance & Market Dynamics

• Net Position: Argentina holds a trade surplus of $413.06M ($752.55M exports vs. $339.49M imports).
• Relationship Status: Strong net exporter role, with exports more than doubling imports. The widening surplus is driven by surging import demand from Vietnam.

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

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

Get Historical Argentina Vietnam Trade Records

Argentina-Vietnam Top Trading Products in Q1 2025

Argentina Export Profile: What Does Argentina Sell to Vietnam

• Top Commodity: Rank #1 export is HS Code 23 (Residues and waste from the food industries) at 56.00% of total exports to Vietnam.
• Demand Driver: Vietnam uses these for industrial processing, likely as feed inputs for agriculture or manufacturing.
• Concentration: Trade is highly concentrated, with HS Code 23 and HS Code 10 (Cereals) together accounting for 91.08% of exports.

Argentina Import Profile: What Does Argentina Buy from Vietnam

• Top Commodity: Rank #1 import is HS Code 85 (Electrical machinery and equipment) at 64.93% of total imports from Vietnam.
• Dependency Nature: Critical technology dependency, as Vietnam supplies high-value electronics and machinery.

Argentina - Vietnam Trade Relationship Dynamics

• The Exchange Model: Resource-for-Tech Complementarity. Argentina exports raw materials (agricultural residues, cereals) while importing high-tech goods (electrical machinery).
• Value Chain Position: Vietnam holds the higher value-add position, dominating complex exports (electronics, machinery) versus Argentina’s commodity-heavy shipments.

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

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

Check Detailed Argentina-Vietnam Trade HS Code Breakdown

Future Outlook & Strategic Recommendations

Forecast

Argentina’s trade surplus with Vietnam is expected to widen further in Q2 2025, driven by sustained Vietnamese demand for agricultural commodities (HS Code 23 and 10) and Argentina’s growing reliance on Vietnamese high-tech imports (HS Code 85). The explosive YoY import growth (+206.17% in January, +367.12% in March) signals deepening tech dependency, while export volatility (-6.81% in March) suggests potential supply-side risks. Traders should anticipate price fluctuations in key commodities, particularly if Vietnam’s industrial demand softens.

Strategic Moves

• Lock in Long-Term Supply Contracts: Argentine exporters of agricultural residues and cereals should secure fixed-price agreements with Vietnamese buyers to mitigate volatility risks.
• Diversify Tech Sourcing: Argentine importers must reduce overreliance on Vietnamese electronics by exploring alternative suppliers in Southeast Asia or negotiating bulk purchase discounts.
• Monitor Feedstock Demand Trends: Traders should track Vietnam’s industrial activity closely—any slowdown in manufacturing could trigger a sharp drop in HS Code 23 demand, requiring rapid export diversification.

Frequently Asked Questions

How did Argentina - Vietnam trade perform in 2025 Q1?

Argentina's exports to Vietnam totaled $752.55M, with mixed YoY growth, while imports from Vietnam surged 206.17% YoY to $339.49M, resulting in a $413.06M trade surplus for Argentina.

What are the top exports from Argentina to Vietnam?

Argentina's top exports to Vietnam are HS Code 23 (Residues and waste from the food industries) and HS Code 10 (Cereals), together accounting for 91.08% of total exports.

What does Argentina import from Vietnam?

Argentina primarily imports HS Code 85 (Electrical machinery and equipment) from Vietnam, making up 64.93% of total imports.

What is the trade balance between Argentina and Vietnam?

Argentina holds a trade surplus of $413.06M with Vietnam, driven by strong export performance and surging import demand from Vietnam. The surplus is widening due to explosive growth in Vietnam's imports.