China
Exploring Key Trade and Investment Opportunities between China and Argentina in 2025 and Beyond
China and Argentina’s evolving economic relationship focuses on energy, infrastructure, and finance, despite Argentina’s macroeconomic challenges. Their collaboration, enhanced by Argentina’s entry into the Belt and Road Initiative in 2022, marks significant trade opportunities, with a 2024 bilateral trade at $16.35 billion.
China and Argentina maintain a strategic economic relationship that continues to evolve amid global trade shifts. While Argentina faces macroeconomic hurdles, its collaboration with China in key sectors such as energy, infrastructure, and finance presents new opportunities for trade expansion and investment stability. Enhanced financial mechanisms, including RMB settlement, and joint efforts in sustainable development are shaping the future of bilateral cooperation.
This partnership, officially elevated to a comprehensive strategic relationship in 2014, has deepened over time. Argentina’s entry into China’s Belt and Road Initiative (BRI) in 2022 marked a milestone in long-term economic collaboration, focusing on infrastructure financing, energy projects, and trade facilitation.
In 2024, bilateral trade between China and Argentina totaled US$16.35 billion, reflecting a 6.2 percent decline from the previous year. However, this drop was significantly smaller than the 18.4 percent contraction in 2023, when economic turbulence in Argentina and shifting global demand led to a sharper downturn. Despite the decline, the slower rate of contraction suggests a stabilizing trade relationship, with China remaining Argentina’s second-largest trading partner.
Source: International Trade Centre
China’s exports to Argentina reached US$9.32 billion, reflecting a 13.3 percent year-over-year drop. The decline was largely driven by weaker demand in Argentina amid currency fluctuations and import restrictions. China’s top exports included:
Source: International Trade Centre
| This article was first published by China Briefing , which is produced by Dezan Shira & Associates. The firm assists foreign investors throughout Asia from offices across the world, including in in China, Hong Kong, Vietnam, Singapore, and India . Readers may write to info@dezshira.com for more support. |
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