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The Men's 200m butterfly event at the 2010 South American Games was held on March 27, with the heats at 10:26 and the Final at 18:05.

Medalists

Gold	Silver	Bronze
Leonardo de Deus Brazil	Andres Felipe Torres Colombia	Andres Jose Gonzalez Argentina

Standing records prior to the 2010 South American Games
World record	Michael Phelps (USA)	1:51.51	Rome, Italy	29 July 2009
Competition Record	Gaston Rodriguez (ARG)	2:03.04	Buenos Aires, Argentina	17 November 2006
South American record	Kaio Márcio de Almeida (BRA)	1:53.92	Rio de Janeiro, Brazil	8 May 2009

Rank	Heat	Lane	Athlete	Result	Notes
1	2	4	Leonardo de Deus (BRA)	2:04.51	Q
2	2	3	Glauber Silva (BRA)	2:04.57	Q
3	1	3	Joel Romeu (URU)	2:05.75	Q
4	1	5	Jose Barrantes (PER)	2:05.92	Q
5	2	6	Diego Castillo (PAN)	2:06.13	Q
6	1	4	Andres Jose Gonzalez (ARG)	2:07.24	Q
7	1	6	Mauricio Rafael Villanueva (PER)	2:08.02	Q
8	2	2	Cristhian Orjuela Rodriguez (COL)	2:08.33	Q
9	2	5	Marcos Barale (ARG)	2:08.80
10	2	7	Carlos Alfredo Gianotti (PAR)	2:14.92
11	1	7	Alejandro Madde (BOL)	2:15.91
12	1	2	Ivan Marcelo Zavala (ECU)	2:17.83
	2	1	Kaio de Almeida (BRA)	DNS

Rank	Lane	Athlete	Result	Notes
	4	Leonardo de Deus (BRA)	2:01.20	CR
	5	Andres Felipe Torres (COL)	2:03.88
	7	Andres Jose Gonzalez (ARG)	2:04.45
4	2	Diego Castillo (PAN)	2:05.53
5	3	Joel Romeu (URU)	2:05.79
6	6	Jose Barrantes (PER)	2:05.83
7	1	Mauricio Rafael Villanueva (PER)	2:07.69
8	8	Cristhian Orjuela Rodriguez (COL)	2:07.90