Argentina eyes Asian markets as goods exports may top $100 billion
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Argentina’s goods exports could exceed $100 billion in 2026, according to an estimate by Fundación Capital. The country exported $88.7 billion in goods in 2022. Trade research firm Biglobal has identified opportunities for Argentine exporters to diversify across five Asian economies beyond China, including markets for agricultural and food products in Japan and South Korea.
India was Argentina’s fifth-largest export destination from January through August 2026, receiving $4.2 billion in goods, according to INDEC data. Soybean and sunflower oils together account for more than 80% of Argentine exports to India. Vietnam bought $2.7 billion in Argentine goods in 2025, while Mercosur and Vietnam are negotiating a preferential trade arrangement.
Argentina has yet to ratify the existing Mercosur-Singapore free trade agreement. Investment ties vary across these markets. Japanese investment in Argentina totals $2.6 billion, with automobiles accounting for 75%, according to Biglobal. Toyota produces vehicles in the country. South Korea’s POSCO has announced investment exceeding $2 billion in the Sal de Oro lithium project, which spans the provinces of Salta and Catamarca.