Overview
- Argentina’s exports to the European Free Trade Association reached US$2.094 billion in 2025 and total bilateral trade topped US$2.87 billion, producing a record US$1.315 billion surplus.
- The rise in export value was driven largely by higher international gold prices in 2025 and by Switzerland’s role as the destination for more than 98% of Argentina’s shipments to the EFTA.
- Swiss direct investment in Argentina climbed to more than US$8.5 billion by mid‑2025 and total EFTA investment reached US$9.511 billion, making the bloc a top-five investor in Argentina.
- Mercosur and the EFTA signed a free trade agreement on 16 September 2025, and the deal will take effect bilaterally as each country ratifies it with Argentina, Paraguay, Switzerland and Liechtenstein still to complete parliamentary approval.
- Analysts say agro‑industrial goods such as meat, dairy, fruit, grains, vegetable oils, honey and wine have strong growth potential in the high‑income EFTA market and that trade gains will begin as individual countries implement the treaty.