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Trade between Argentina and Brazil

In 2024, Argentina exported $13.2 billion to Brazil and imported $14.2 billion. Argentina ran a deficit of $1 billion with Brazil, compared with a surplus of $603 million in 2019. Brazil was Argentina’s largest trading partner (20% of its trade), and Argentina was Brazil’s 3rd (4%).

Summary

Argentina → Brazil
$13.2billion
Brazil → Argentina
$14.2billion
Argentina’s balance
-$1billion

Balance

Argentina’s trade balance with Brazil

Trade between Argentina and Brazil grew 2.6-fold since 1995

USD billions (current). Argentina’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 13.2
  • Imports 14.2
  • Balance -1

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$6.3 billion$4.3 billion$2 billion
1996$6.7 billion$5.6 billion$1.1 billion
1997$8.4 billion$7 billion$1.4 billion
1998$8.2 billion$7.1 billion$1.2 billion
1999$5.9 billion$5.6 billion$321 million
2000$7.2 billion$6.4 billion$736 million
2001$6.4 billion$5.3 billion$1.2 billion
2002$4.9 billion$2.5 billion$2.4 billion
2003$4.8 billion$4.7 billion$87 million
2004$5.7 billion$7.6 billion-$1.9 billion
2005$6.5 billion$10.6 billion-$4.1 billion
2006$8.3 billion$11.9 billion-$3.6 billion
2007$10.7 billion$14.7 billion-$4 billion
2008$13.6 billion$18 billion-$4.4 billion
2009$11.6 billion$12 billion-$411 million
2010$14.7 billion$18 billion-$3.3 billion
2011$17.5 billion$22.3 billion-$4.8 billion
2012$16.7 billion$17.7 billion-$1.1 billion
2013$16.5 billion$19.3 billion-$2.8 billion
2014$14.2 billion$14.4 billion-$180 million
2015$10.4 billion$13.1 billion-$2.6 billion
2016$9.2 billion$13.7 billion-$4.5 billion
2017$9.6 billion$17.9 billion-$8.4 billion
2018$11.4 billion$15.5 billion-$4.1 billion
2019$10.7 billion$10.1 billion$603 million
2020$7.9 billion$8.6 billion-$700 million
2021$11.9 billion$12.3 billion-$420 million
2022$13 billion$15.9 billion-$2.9 billion
2023$12.1 billion$17.2 billion-$5.1 billion
2024$13.2 billion$14.2 billion-$1 billion

What they sell each other

What Argentina sells to Brazil

The top 10 headings in 2024, with their share of the total.

  1. Trucks$3.1 billion · 23.4%
    226 thousand tonnes · Argentina’s destinations
  2. Cars$2.2 billion · 17%
    161 thousand tonnes · Argentina’s destinations
  3. Wheat$1.1 billion · 8.4%
    4.2 million tonnes · Argentina’s destinations
  4. Crude petroleum$520 million · 4%
    838 thousand tonnes · Argentina’s destinations
  5. Auto parts$400 million · 3%
    33 thousand tonnes · Brazil’s sources
  6. Powdered and condensed milk$332 million · 2.5%
    93 thousand tonnes
  7. Natural gas and LPG$322 million · 2.4%
    631 thousand tonnes
  8. Malt$310 million · 2.4%
    493 thousand tonnes
  9. Barley$249 million · 1.9%
    856 thousand tonnes
  10. Cheese$249 million · 1.9%
    53 thousand tonnes

What Brazil sells to Argentina

The top 10 headings in 2024, with their share of the total.

  1. Cars$2.3 billion · 16.1%
    183 thousand tonnes · Brazil’s destinations
  2. Auto parts$1.4 billion · 9.6%
    154 thousand tonnes · Brazil’s destinations
  3. Trucks$655 million · 4.6%
    64 thousand tonnes · Brazil’s destinations
  4. Iron ore$557 million · 3.9%
    3.8 million tonnes · Brazil’s destinations
  5. Tractors$463 million · 3.3%
    38 thousand tonnes · Brazil’s destinations
  6. Spark-ignition engines$282 million · 2%
    19 thousand tonnes
  7. New tires$244 million · 1.7%
    44 thousand tonnes
  8. Electricity$202 million · 1.4%
  9. Coated flat steel$166 million · 1.2%
    123 thousand tonnes
  10. Pesticides and herbicides$162 million · 1.1%
    12 thousand tonnes

How it travels

Argentina and Brazil traded $27.4 billion in 2024 (both directions together). They trade mostly over land: 85% of the value travels by truck, rail or pipeline.

Split by transport mode

  1. Sea$4.2 billion · 15.2%
  2. Land$23.2 billion · 84.8%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Brazil was Argentina’s largest trading partner (20% of its trade), and Argentina was Brazil’s 3rd (4%).

Brazil in Argentina’s trade
20%
Brazil’s rank among Argentina’s partners
1st
Argentina in Brazil’s trade
4.3%
Argentina’s rank among Brazil’s partners
3rd

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.