Argentina · Trade & Tax

Key Facts

—Announcement: Argentine President Javier Milei announced Thursday evening at the 172nd anniversary of the Buenos Aires Cereal Exchange that the government will lower Argentina export duties on wheat and barley from 7.5 percent to 5.5 percent starting in June 2026, the second cut to grain export taxes in less than a year.

—Soy schedule: Beginning January 2027, the soy export duty will be cut by between 0.25 and 0.5 percentage points each month “depending on tax revenue,” with the schedule running through 2028 if Milei’s coalition wins the next presidential election, explicitly tying the trajectory to the October 2027 vote.

—Industry zero: Export duties on automotive, petrochemicals and machinery will be set to zero from July 2026 through June 2027, a twelve-month window timed to coincide with the legislative and presidential campaign cycles.