Argentina Net Trade (Goods & Services, BoP)
Argentina's net trade (goods & services, bop) fell to $16.9 billion in 2024, down from $-9.35 billion in 2023, according to World Bank. This represents a decrease of 280.7% ($26.25 billion) from the previous year. Argentina has net trade (goods & services, bop) higher than the global median ($16.90 billion vs median -$215.12 million). Compared with the median in Americas, Argentina is higher ($16.90 billion vs regional median -$131.64 million) and ranks 1st out of 39 countries in Americas.
Yearly Historical Data (1976-2024)
(in Billion USD)Argentina Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Argentina, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.