Merchandise Imports in Argentina
Merchandise imports were worth USD 81.5 billion in Argentina in 2022 compared to USD 74.4 billion ten years earlier, and averaged USD 62.5 billion over the last decade. For more imports information, visit our dedicated page.
Argentina Merchandise Imports Chart
Argentina Merchandise Imports Data
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Merchandise Imports (USD bn) | 49.1 | 42.4 | 63.2 | 81.5 | 73.7 |
Merchandise Imports (ann. var. %) | -25.0 | -13.8 | 49.2 | 29.0 | -9.6 |
Merchandise exports rise at a softer rate in June
Merchandise exports jumped 21.7% year-on-year in June, following May’s 22.2% rise, largely thanks to a normalization of agricultural activity after last year’s drought. Meanwhile, merchandise imports plunged 35.4% on an annual basis in June (May: -32.1% yoy), linked to depressed domestic demand. As a result, the merchandise trade balance deteriorated from the previous month, recording a USD 1.9 billion surplus in June (May 2024: USD 2.6 billion surplus; June 2023: USD 1.8 billion deficit). Lastly, the trend pointed up, with the 12-month trailing merchandise trade balance recording a USD 8.3 billion surplus in June, compared to the USD 4.5 billion surplus in May.
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Argentine merchandise imports projections for the next ten years from a panel of 24 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable merchandise imports forecast available for Argentine merchandise imports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Argentine merchandise imports projections.
Want to get access to the full dataset of Argentine merchandise imports forecasts? Send an email to info@focus-economics.com.
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