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Export to Argentina

Big South American market for Indian chemicals, agrochemicals, vehicles and medicines. Import and currency rules change often.

Capital
Buenos Aires
Currency
ARS
Trade agreement with India
India–MERCOSUR Preferential Trade Agreement (PTA)
1 June 2009
Main ports
Buenos Aires, Zárate, Rosario

Argentina is a major farm exporter and buys Indian agrochemicals, organic chemicals, two-wheelers, vehicles and medicines. It has changed its import-licensing and foreign-exchange rules several times since 2023, so always confirm the current rules with the buyer and its bank before shipping.

India–MERCOSUR Preferential Trade Agreement (PTA)

Argentina is a MERCOSUR member, so the PTA's limited duty cuts (about 450 tariff lines each way) apply. Check whether your HS code is covered. Negotiations to expand the PTA were launched on 14 September 2026. Get the PTA certificate of origin through DGFT's online platform.

What it buys from India

  • Organic chemicals and agrochemicals
  • Motorcycles, vehicles and auto parts
  • Medicines and bulk drugs
  • Yarn, fabrics and machinery

Import rules on their side

  • Customs is run by ARCA (the former AFIP). The importer must be registered as an importer with ARCA.
  • Plant and animal products need SENASA requirements and inspection; medicines, food and cosmetics are regulated by ANMAT.
  • Labels must be in Spanish; some products (electrical goods, toys) need safety certification by an accredited Argentine body.

Practical tips

  • Prefer advance payment or a confirmed LC; check ECGC's country cover for Argentina before giving credit.
  • Ask the buyer to confirm, in writing, that it can get foreign currency to pay you on the agreed date under current central-bank rules.
  • Many shipments are routed via Brazil or tranship in Asia; confirm transit time and port with your forwarder.
Sources (8)
  1. All India Radio News — Piyush Goyal and Uruguay Foreign Minister announce launch of India-MERCOSUR trade talks (14 Sep 2026)
  2. Uruguay Ministry of Foreign Affairs — Joint communiqué on launching negotiations to expand the MERCOSUR-India PTA
  3. DGFT — Common Digital Platform for Certificate of Origin
  4. ARCA — Agency for Collection and Customs Control, Argentina
  5. SENASA — National Agri-Food Health and Quality Service, Argentina
  6. ANMAT — National Administration of Drugs, Food and Medical Technology, Argentina
  7. ECGC Ltd — export credit insurance and country risk
  8. Department of Commerce — TradeStat export-import data bank

Trade data

India’s exports to Argentina in numbers

From the Department of Commerce’s TradeStat (Indian financial years, April–March), the country’s imports from the world from UN Comtrade, and its basics from the World Bank.

India’s exports here, 2025-26
US$ 1.01 bn
No. 58 of our 80 countries
Change from 2024-25
↓ -0.5%
US$ 1.02 bn → US$ 1.01 bn
Share of all Indian exports
0.23%
Its imports from the world
—
2020-21: US$ 688 mn6882020-212021-22: US$ 1.43 bn1.4k2021-222022-23: US$ 960 mn9602022-23n/a2023-242024-25: US$ 1.02 bn1.0k2024-252025-26: US$ 1.01 bn1.0k2025-26
India’s exports to Argentina, year by year · US$ million · TradeStat’s 2023-24 country table is double-counted, so it is not shown

What India sells here most

By HS chapter, 2025-26. Change is against 2024-25.

Name2025-26Change
1Fuels and petroleum productsHS 27US$ 186 mn-9.5%
2MachineryHS 84US$ 139 mn-12.9%
3Vehicles and partsHS 87US$ 135 mn+4.2%
4Organic chemicalsHS 29US$ 121 mn+22.5%
5Other chemical productsHS 38US$ 96.9 mn-10.5%
6Iron and steelHS 72US$ 38.5 mn+15.1%
7PlasticsHS 39US$ 33.3 mn+12.2%
8RubberHS 40US$ 30 mn+16.8%
9Electrical and electronicsHS 85US$ 28.8 mn-21.8%
10Medicines and pharmaHS 30US$ 22.3 mn+22.8%
11Instruments, medical devicesHS 90US$ 20.4 mn-17.6%
12Woven garmentsHS 62US$ 16.6 mn+113.8%

What is rising and what is falling

Chapters where India sells at least US$ 5 million. Change from 2024-25 to 2025-26.

High demand

  1. Knitted garmentsUS$ 2 mn → US$ 5.9 mn+190.6%
  2. Home textiles, made-upsUS$ 4.3 mn → US$ 10 mn+131.9%
  3. Woven garmentsUS$ 7.8 mn → US$ 16.6 mn+113.8%
  4. Inorganic chemicalsUS$ 6.8 mn → US$ 14 mn+105.1%
  5. AluminiumUS$ 2.8 mn → US$ 5.7 mn+103.2%
  6. Medicines and pharmaUS$ 18.1 mn → US$ 22.3 mn+22.8%
  7. Organic chemicalsUS$ 99 mn → US$ 121 mn+22.5%
  8. Essential oils, cosmeticsUS$ 7.6 mn → US$ 9.1 mn+19.8%

Low demand

  1. Iron and steel articlesUS$ 12.3 mn → US$ 8.8 mn-28.8%
  2. Dyes, paints, inksUS$ 16.7 mn → US$ 12.9 mn-22.9%
  3. Electrical and electronicsUS$ 36.8 mn → US$ 28.8 mn-21.8%
  4. Instruments, medical devicesUS$ 24.8 mn → US$ 20.4 mn-17.6%
  5. Man-made staple fibresUS$ 11.3 mn → US$ 9.3 mn-17.3%
  6. MachineryUS$ 160 mn → US$ 139 mn-12.9%
  7. Other chemical productsUS$ 108 mn → US$ 96.9 mn-10.5%

Our product guides that sell here

India’s exports of each product to this country, 2025-26.

Name2025-26Change
1Motorcycles and scootersUS$ 89.6 mn+0.5%
2Agrochemicals (pesticides)US$ 85.7 mn-10.1%
3Diesel enginesUS$ 23.3 mn-68%
4Incense sticks (agarbatti) and dhoopUS$ 4.8 mn-14.8%
5Ceramic tableware and decorUS$ 850k+49.1%
6Handicrafts (cane, bamboo, jute and natural fibre)US$ 180k+500%
7Raw cottonUS$ 60k—

The 20 biggest export lines

4-digit HS lines, 2025-26, with their Harmonized System descriptions.

Name2025-26Change
1Petroleum oils and oils from bituminous minerals, not crudeHS 2710US$ 184 mn-10%
2Motorcycles and cyclesHS 8711US$ 89.6 mn+0.5%
3Insecticides, rodenticides, fungicides, herbicides, anti-sprouting products, plant growth regulators…HS 3808US$ 85.7 mn-10.1%
4Heterocyclic compounds with nitrogen hetero-atom onlyHS 2933US$ 41.5 mn+49.5%
5Parts suitable for use solely or principally with the engines of heading no. 8407 or 8408HS 8409US$ 38.8 mn+45.8%
6Motor vehiclesHS 8708US$ 33.6 mn+39.9%
7New pneumatic tyres, of rubberHS 4011US$ 24.6 mn+13.5%
8Compression-ignition internal combustion piston enginesHS 8408US$ 23.3 mn-68%
9Ferro-alloysHS 7202US$ 20.9 mn+40.2%
10Bulldozers, graders, levellers, scrapers, angledozers, mechanical shovels, excavators, shovel loaders…HS 8429US$ 17.8 mn+60.1%
11Organic compoundsHS 2942US$ 14.6 mn+12.1%
12Acrylic polymers in primary formsHS 3906US$ 14.1 mn+33.1%
13Stainless steel bars and rods, angles, shapes and sectionsHS 7222US$ 13.1 mn-12.7%
14Synthetic organic colouring matter and preparations based thereonHS 3204US$ 11.1 mn-28%
15Cotton yarn, containing 85% or more by weight of cotton, not put up for retail saleHS 5205US$ 11 mn-4.9%
16Isotopes other than those of heading no. 2844HS 2845US$ 9.8 mn—
17TractorsHS 8701US$ 9.7 mn-33.4%
18Nucleic acids and their salts, whether or not chemically definedHS 2934US$ 9.5 mn+22.1%
19Instruments and appliances used in medical, surgical, dental or veterinary sciences, including…HS 9018US$ 8.9 mn-31.3%
20Human bloodHS 3002US$ 8.8 mn+55.9%

What India buys from Argentina

India’s imports from this country in 2025-26 by HS chapter, from TradeStat — this country can be your supplier too.

India’s imports, 2025-26
US$ 4.96 bn
US$ 3.74 bn → US$ 4.96 bn
India’s exports, 2025-26
US$ 1.01 bn
Trade balance
−US$ 3.94 bn
exports minus imports
Change in imports
+32.6%
Name2025-26Change
1Fats and oilsHS 15—+24.4%
2Gems, jewellery, precious metalsHS 71—+93.8%
3Fuels and petroleum productsHS 27—+125.5%
4WoodHS 44—-19.9%
5Hides and skinsHS 41—-11.3%
6Other chemical productsHS 38—+67.1%
7Cereals (rice, wheat, maize)HS 10—-60.4%
8Inorganic chemicalsHS 28—+114.5%
9Organic chemicalsHS 29—-21.4%
10Iron and steel articlesHS 73—-8.9%

The country at a glance

Population
45.9 mn
2025
GDP
US$ 683.1 bn
2025
GDP per person
US$ 14,898
2025
Imports (goods and services)
US$ 101.2 bn
2025

Sources: TradeStat — Export Import Data Bank, Department of Commerce · World Bank — World Development Indicators · Figures taken 29 October 2026.

What to send to Argentina

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