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Trade between Argentina and Italy

In 2024, Argentina exported $1.1 billion to Italy and imported $1.3 billion. Argentina ran a deficit of $228 million with Italy, compared with a deficit of $12 million in 2019. Italy was Argentina’s 12th largest trading partner (2% of its trade), and Argentina was Italy’s 63rd (0.2%).

Summary

Argentina → Italy
$1.1billion
Italy → Argentina
$1.3billion
Argentina’s balance
-$228million

Balance

Argentina’s trade balance with Italy

Trade between Argentina and Italy is about the same as in 1995

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

  • Exports 1.1
  • Imports 1.3
  • Balance -0.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$903 million$1.3 billion-$385 million
1996$836 million$1.5 billion-$713 million
1997$832 million$1.8 billion-$945 million
1998$810 million$1.6 billion-$829 million
1999$807 million$1.4 billion-$604 million
2000$861 million$1.1 billion-$223 million
2001$909 million$864 million$45 million
2002$1 billion$335 million$683 million
2003$1.1 billion$481 million$642 million
2004$1.2 billion$667 million$548 million
2005$1.2 billion$804 million$390 million
2006$1.3 billion$929 million$345 million
2007$1.6 billion$1.1 billion$519 million
2008$2 billion$1.2 billion$795 million
2009$1.5 billion$878 million$646 million
2010$1.7 billion$1.3 billion$315 million
2011$2.1 billion$1.5 billion$559 million
2012$1.3 billion$1.5 billion-$215 million
2013$1.1 billion$1.7 billion-$590 million
2014$1.2 billion$1.6 billion-$401 million
2015$942 million$1.4 billion-$410 million
2016$1.1 billion$1.5 billion-$360 million
2017$1.2 billion$1.7 billion-$541 million
2018$1.2 billion$1.6 billion-$350 million
2019$1.1 billion$1.1 billion-$12 million
2020$944 million$1 billion-$59 million
2021$1 billion$1.3 billion-$307 million
2022$1.2 billion$1.6 billion-$358 million
2023$1 billion$1.8 billion-$767 million
2024$1.1 billion$1.3 billion-$228 million

What they sell each other

What Argentina sells to Italy

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

  1. Soybean meal and pellets$508 million · 47.3%
    1.2 million tonnes · Argentina’s destinations
  2. 21 thousand tonnes
  3. Fresh beef$57 million · 5.3%
    5 thousand tonnes
  4. Unwrought aluminum$46 million · 4.3%
    18 thousand tonnes · Italy’s sources
  5. 32 thousand tonnes
  6. Industrial fatty acids$34 million · 3.2%
    28 thousand tonnes
  7. Peanuts$32 million · 3%
    20 thousand tonnes
  8. 6 thousand tonnes
  9. 4 thousand tonnes
  10. Carded or combed wool$12 million · 1.1%
    1 thousand tonnes

What Italy sells to Argentina

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

  1. 270 tonnes · Italy’s destinations
  2. 934 tonnes
  3. Vaccines, blood and antisera$43 million · 3.3%
    100 tonnes · Italy’s destinations
  4. Valves and taps$37 million · 2.9%
    1 thousand tonnes
  5. Refined petroleum$33 million · 2.5%
    36 thousand tonnes · Italy’s destinations
  6. Auto parts$30 million · 2.3%
    3 thousand tonnes · Italy’s destinations
  7. 935 tonnes
  8. 1 thousand tonnes
  9. 1 thousand tonnes
  10. Other industrial machines$22 million · 1.7%
    794 tonnes

How it travels

Estimated sea route from Buenos Aires to Genoa.

The estimated sea route between Buenos Aires and Genoa is 6,372 nautical miles (11,801 km) long: ≈ 14.5–19 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Gibraltar.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$2 billion · 83.3%
  2. Air$396 million · 16.7%

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

How much each matters to the other

Italy was Argentina’s 12th largest trading partner (2% of its trade), and Argentina was Italy’s 63rd (0.2%).

Italy in Argentina’s trade
1.7%
Italy’s rank among Argentina’s partners
12th
Argentina in Italy’s trade
0.2%
Argentina’s rank among Italy’s partners
63rd

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.