Canada / Argentina

Overview In November 2024, Canada exported C$33.9M and imported C$167M from Argentina, resulting in a negative trade balance of C$133M. Between November 2023 and November 2024 the exports of Canada have decreased by C$-588k (-1.71%) from C$34.5M to C$33.9M, while imports increased by C$51.6M (44.7%) from C$115M to C$167M.

Trade In November 2024, the top exports of Canada to Argentina were Centrifuges (C$3M), Dried Legumes (C$2M), Other Agricultural Machinery (C$1.36M), Spark-Ignition Engines (C$1.18M), and Liquid Pumps (C$908k). In November 2024 the top imports of Canada from Argentina were Soybean Oil (C$42.9M), Gold (C$22.5M), Silver (C$13.8M), Wine (C$6.93M), and Iron Pipes (C$3.37M).

Origins In November 2024 the exports of Canada were mainly from Alberta (C$13.1M), Newfoundland Labrador (C$8.01M), Ontario (C$6.67M), British Columbia (C$2.42M), and Quebec (C$2.33M), while imports destinations were mainly Ontario (C$88.4M), Newfoundland Labrador (C$62.7M), Quebec (C$7.95M), British Columbia (C$4.56M), and Alberta (C$1.22M).

Growth In November 2024, the decrease in Canada's year-by-year exports to Argentina was explained primarily by an decrease in product exports in Packaged Medicaments (C$-5.68M or -92.4%), Newsprint (C$-1.05M or -87.2%), and Synthetic Rubber (C$-727k or -85.9%). In November 2024, the increase in Canada's year-by-year imports  from Argentina was explained primarily by an increase in product imports  in Gold (C$7.16M or 46.7%), Silver (C$4.67M or 51.5%), and Iron Pipes (C$2.6M or 335%).