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In January 2025, Argentina exported C$122M and imported C$20.1M from Canada, resulting in a positive trade balance of C$102M. Between January 2024 and January 2025 the exports of Argentina to Canada increased by C$27.7M (29.4%) from C$94.1M to C$122M, while imports decreased by C$4.14M (17.1%) from C$24.2M to C$20.1M.
In January 2025, the top exports of Argentina to Canada were Soybean Oil (C$41.2M), Gold (C$30.2M), and Silver (C$11.6M).
In January 2025, the main imports of Argentina from Canada were Vaccines, blood, antisera, toxins and cultures (C$3.52M), Valves (C$2.23M), and Packaged Medicaments (C$2.13M).
In January 2025, the year-on-year growth in Argentina's exports to Canada was driven mainly by exports of Soybean Oil (C$8.9M or 27.5%), Frozen Bovine Meat (C$5.58M or 264%), and Gold (C$4.3M or 16.6%). Meanwhile, in the same month, the drop in Argentina's imports from Canada was mainly attributed to imports of Machinery Having Individual Functions (C$-542k or -83.5%), Liquid Pumps (C$-1.53M or -69.4%), and Centrifuges (C$-1.53M or -95.4%).
This section presents data on subnational export and import activities between Argentina and Canada. You can interact with the data by selecting a specific date on the line chart, or by choosing a subnational region or product category to explore how trade patterns evolve over time.
*This section presents data reported by Canada.
In the same year, countries that imported more from Canada than Argentina included United Kingdom ($18B), China ($31.1B), and United States ($410B).
This chart compares trade between Argentina and Canada, considering products traded by both at HS4 level.
During 2023, the top exports from Argentina to Canada were Soybean Oil ($198M), Gold ($194M), and Silver ($170M).
On the other hand, the top exports from Canada to Argentina were Iron Ore ($57.3M), Other Heating Machinery ($53.5M), and Packaged Medicaments ($29.6M).
We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019). This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.
Digital products are goods, services, or fees delivered or facilitated through digital means, and involving pure digital goods, automated and encoded services, and digital intermediation fees, but excluding the physical trade they enable. For example, downloading a video game, streaming a movie, or buying an ad in a social media platform are examples of digital trade when these involve a transaction across international borders. Here we use the methodology described in Estimating Digital Product Trade through Corporate Revenue Data to provide estimates for [FIRM]’s digital product exports using two assignments i) headquarters (all revenues are assigned to the parent company), and ii) subsidiaries (the revenues are distributed across subsidiaries based on their reports).
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