Strategic Lens

Argentina and Brazil

First country

Second country

In 2025, Argentina sold USD 12.8 billion of goods to Brazil and bought USD 18.4 billion from it. Argentina and Brazil share a land border of 1,263 km. The DESTA database lists 8 trade agreements that include both countries, the most recent being MERCOSUR (consolidated) (2005). Both are members of the G20 and Mercosur. Their agreement score in UN General Assembly voting was 91 percent in 2023, and 86 percent on average over 2019 to 2023.

Benefits

  • BothTrade in goods runs both ways in similar amounts: Argentina sold USD 12.8 billion and Brazil sold USD 18.4 billion in 2025.
  • BothTwo-way trade in mineral fuels and oils grew 134 percent, from USD 385 million in 2019 to USD 900 million in 2025.
  • BothTwo-way trade in machinery, vehicles and iron and steel grew 75 percent, from USD 9.56 billion in 2019 to USD 16.8 billion in 2025.

Constraints

  • BothFlows are one-sided: in 2025, Brazil sold USD 52.2 million of fertilisers, and Argentina sold almost none.
  • BothFlows are one-sided: in 2025, Brazil sold USD 718 million of electrical and electronic equipment, against USD 87.2 million the other way.
  • BothTwo-way trade in fertilisers has swung between USD 16.7 million and USD 66.2 million since 2019.

Sources: UN Comtrade (public preview API), annual goods trade, HS classification (retrieved 26 September 2026); CIA World Factbook (retrieved 26 September 2026); DESTA: Design of Trade Agreements database, version 02_03 (retrieved 25 September 2026); Wikidata, statements on membership (property P463) (retrieved 26 September 2026); United Nations General Assembly voting data (Voeten, Strezhnev and Bailey), agreement scores (retrieved 25 September 2026)

Last updated on 26 September 2026

At a glance

Goods trade, both ways
USD 31.2 billion
2025, as reported by Argentina
Argentina to Brazil
USD 12.8 billion
2025, as reported by Argentina
Brazil to Argentina
USD 18.4 billion
2025, as reported by Argentina

What connects Argentina and Brazil