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Trade between Argentina and Spain

In 2024, Argentina exported $1.4 billion to Spain and imported $995 million. Argentina ran a surplus of $449 million with Spain, compared with a surplus of $533 million in 2019. Spain was Argentina’s 10th largest trading partner (2% of its trade), and Argentina was Spain’s 51st (0.3%).

Summary

Argentina → Spain
$1.4billion
Spain → Argentina
$995million
Argentina’s balance
$449million

Balance

Argentina’s trade balance with Spain

Trade between Argentina and Spain grew 36% since 1995

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

  • Exports 1.4
  • Imports 1
  • Balance +0.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$822 million$973 million-$151 million
1996$853 million$1.1 billion-$239 million
1997$721 million$1.3 billion-$593 million
1998$897 million$1.3 billion-$399 million
1999$1 billion$1 billion$16 million
2000$1 billion$955 million$65 million
2001$1.2 billion$748 million$418 million
2002$1.3 billion$322 million$955 million
2003$1.6 billion$453 million$1.1 billion
2004$1.6 billion$553 million$1 billion
2005$1.7 billion$671 million$1.1 billion
2006$2 billion$657 million$1.4 billion
2007$2.4 billion$913 million$1.5 billion
2008$3.2 billion$1.1 billion$2.1 billion
2009$1.9 billion$861 million$1 billion
2010$2.3 billion$1.1 billion$1.2 billion
2011$3.1 billion$1.4 billion$1.7 billion
2012$2.6 billion$1.3 billion$1.2 billion
2013$1.8 billion$1.4 billion$375 million
2014$1.7 billion$1.2 billion$498 million
2015$1.5 billion$1.1 billion$414 million
2016$1.7 billion$951 million$778 million
2017$1.6 billion$1.5 billion$85 million
2018$2.1 billion$1.4 billion$630 million
2019$1.5 billion$1 billion$533 million
2020$1.3 billion$717 million$626 million
2021$2.1 billion$1.1 billion$994 million
2022$2 billion$1.3 billion$706 million
2023$1.5 billion$1.3 billion$161 million
2024$1.4 billion$995 million$449 million

What they sell each other

What Argentina sells to Spain

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

  1. Soybean meal and pellets$398 million · 27.5%
    986 thousand tonnes · Argentina’s destinations
  2. 55 thousand tonnes
  3. Soybean oil$141 million · 9.7%
    135 thousand tonnes · Argentina’s destinations
  4. Fish fillets$63 million · 4.4%
    21 thousand tonnes
  5. 10 thousand tonnes
  6. Peanuts$37 million · 2.6%
    21 thousand tonnes
  7. Rice$35 million · 2.4%
    48 thousand tonnes
  8. 30 thousand tonnes
  9. Vaccines, blood and antisera$27 million · 1.9%
    18 tonnes · Spain’s sources
  10. Unwrought aluminum$26 million · 1.8%
    10 thousand tonnes · Spain’s sources

What Spain sells to Argentina

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

  1. Auto parts$92 million · 9.3%
    12 thousand tonnes · Spain’s destinations
  2. 6 thousand tonnes
  3. Pitch and pitch coke$38 million · 3.8%
    34 thousand tonnes
  4. Vaccines, blood and antisera$38 million · 3.8%
    264 tonnes · Spain’s destinations
  5. Books and brochures$34 million · 3.4%
    2 thousand tonnes
  6. 873 tonnes
  7. 365 tonnes · Spain’s destinations
  8. Perfumes$27 million · 2.7%
    1 thousand tonnes · Spain’s destinations
  9. Valves and taps$18 million · 1.9%
    596 tonnes
  10. 12 thousand tonnes

How it travels

Estimated sea route from Buenos Aires to Valencia.

The estimated sea route between Buenos Aires and Valencia is 5,884 nautical miles (10,898 km) long: ≈ 13.5–17.5 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$2.2 billion · 90.2%
  2. Air$239 million · 9.8%

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

How much each matters to the other

Spain was Argentina’s 10th largest trading partner (2% of its trade), and Argentina was Spain’s 51st (0.3%).

Spain in Argentina’s trade
1.8%
Spain’s rank among Argentina’s partners
10th
Argentina in Spain’s trade
0.3%
Argentina’s rank among Spain’s partners
51st

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.