Overview
- AFAC reported a US$9.040 billion trade deficit for auto parts in January–November 2025, with imports at US$10.250 billion (up 5.4%) and exports at US$1.211 billion (up 1.6%).
- Vehicle output fell 3.1% in 2025 to 490,876 units, roughly half of installed capacity, with 57% exported and the rest sold domestically, according to ADEFA.
- Registrations reached 612,178 vehicles in 2025, with about two-thirds of sales coming from imports, largely sourced from Brazil, a pattern consultancies expect to continue.
- Auto parts import surges included a 150% jump in shock absorbers mainly from China and a 130% rise in batteries mostly from Brazil, and about 70% of imported parts feed vehicle manufacturing.
- Production and exports are highly concentrated, with Toyota Zárate and Ford Pacheco accounting for more than half of output and roughly 70% of exports, as AFAC presses for tax relief, innovation incentives, and ongoing anti-dumping actions.