Argentina-Brazil Bilateral Trade Analysis 2023
Complete trade statistics: $28.74B total volume •Argentina deficit: $4.88B
Argentina → Brazil
$11.93B
Exports (2023)
Brazil → Argentina
$16.81B
Imports (2023)
Trade Balance
$4.88B
Deficit for Argentina
Total Trade
$28.74B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Argentina and Brazil. Green line shows exports from Argentina, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Argentina-Brazil commercial relationship and competitive positioning in global markets.
Argentina → Brazil Exports
Export Market Intelligence
🎯 Strategic Export Focus
Argentina's export portfolio to Brazil demonstrates strong diversification across multiple sectors, with vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 representing a key competitive advantage in this bilateral market.
Brazil → Argentina Imports
Import Dependency Profile
📦 Import Strategy Analysis
Argentina's import pattern from Brazil reveals strategic sourcingin soya beans: other than seed, whether or not broken, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Argentina demonstrates competitive strength in exportingvehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 to Brazil, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $28.74B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Argentina-Brazil Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $28.74 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Argentina maintains a deficit of $4.88 billion
- Export Focus: Argentina's primary exports include vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1, vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc, cereals: wheat and meslin, other than durum wheat, other than seed
- Import Dependencies: Key imports from Brazil include soya beans: other than seed, whether or not broken, vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1000 but not over 1500cc, vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents a significant global trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $28.74B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Argentina leveraging its comparative advantages in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Argentina's specialization in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1complements Brazil's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in soya beans: other than seed, whether or not broken.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $28.74B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $28.74B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $28.74 billion bilateral trade volume represents a significant economic factorfor both economies.
Industrial Integration
Trade flows in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 and soya beans: other than seed, whether or not broken demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Argentina's trade deficit of $4.88 billion impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Argentina and Brazil represents a total trade volume of $28.74 billion in 2023. This partnership demonstrates an unfavorable trade balance for Argentina, with imports exceeding exportsby $4.88 billion.
Export Strengths
Argentina's exports to Brazil total $11.93 billion, with competitive advantages in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1, representing $2.48B or20.7% of bilateral exports.
Import Dependencies
Imports from Brazil amount to $16.81 billion, highlighting economic interdependence in soya beans: other than seed, whether or not broken, with Soya beans: other than seed, whether or not broken comprising12.1% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Argentina's strategic sourcing from Brazil. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Argentina and Brazil in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023