In February 2025, Argentina's mineral trade balance recorded a surplus of USD 266 million, un 64,9% more than the previous year and a Top% 19,2 the average of the last two years, according to the monthly report of the Undersecretariat of Mining Development.
The mining exports they reached the $337 million, with a year-on-year increase of 9,8%Metalliferous minerals accounted for 77% of foreign sales, driven by gold, which generated USD 208 million. Lithium, with a 22,8% growth, totaled USD 66 million and consolidated its position as the second most exported product. Switzerland, China, United States and Canada concentrated 83% of the sector's exports.
The mining imports, instead, fell 51% year-on-year, adding up to just USD 71 billion. Metal minerals accounted for 75% of foreign purchases, with iron and iron concentrates being the main imported products.
In the accumulated first two months, the mining trade surplus grew 89,5% compared to the same period in 2024, exceeding the average of the last 53,8 years by 14%. China and the United States led the purchases of Argentine lithium, with a combined share of 87% in February.Monthly Report on the Trade Balance of Minerals in Argentina.March 2025)
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