Wedoany.com Report on Mar 7th, Argentina's mining exports hit a historical record for the month of January in 2025, reaching a total of $812 million, which accounts for 12.1% of the country's total exports. This figure is more than double the $446 million recorded in the same month of the previous year, representing an 82.1% year-on-year increase and a 168.4% rise above the historical average for January during the 2010-2025 period. Metallic minerals remain the primary driver of the sector, with exports amounting to $707 million, an 86.8% increase compared to the previous year.

Gold, as the leading export commodity, saw its January shipments grow by 70.6% year-on-year, equivalent to an additional $240 million compared to the same period last year, reaching a total of $581 million and constituting 71% of total mining exports. Silver exports increased by 227% year-on-year, representing an $80 million increase from January of the previous year, contributing $116 million (14%). The remaining $10 million (1.3%) corresponds to other metallic minerals, with lead being one of the main contributors.

Lithium exports in January amounted to $96 million, the highest recorded value for the month, marking a 74.5% year-on-year increase, associated with a 42% rise in export volume and higher international prices. However, lithium fell from second to third place in Argentina's mining export ranking, with its share in total mining exports reaching 11.9% in January, below the 15% average recorded in the previous year.

January data shows that the United States, Switzerland, India, and China accounted for 76% of Argentina's mining exports, totaling $621 million. Shipments to these markets were primarily dominated by metallic minerals, constituting 85% of the exports, and these four destinations together accounted for 74% of total metallic mineral exports. The remaining 26% of metallic exports mainly went to Canada, South Korea, Germany, Finland, and Japan.