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Monitor Report of ARGENTINA trade and ARGENTINA-China binational trade in 202001

 1.  Overview the trade of ARGENTINA in goods current year until 202001

According to Dalian Infobank, in 202001ARGENTINA's exports and imports of goods amounted to 8089.8628 million, and were down 8.03% comparing with the same period of last year. Among these, exports were down 0.63% at 4555.7540 million, and imports were down 16.09% at 3534.1087 million. And the corresponding trade surplus was 1021.6453 million and up 173.91%.

During the current year until 202001, ARGENTINA's total exports and imports of goods were 8089.8628 million and were down 8.03% comparing to the same period of last year. Among these, exports were 4555.7540 million and down 0.63%; imports were 3534.1087 million and down 16.09%. The total trade surplus was 1021.6453 million and up 173.91%.

If considering by country (region), BRAZIL, CHINA, UNITED STATES, INDIA, CHILE were ARGENTINA's top five trading partners. During the current year until 202001, ARGENTINA's imports and exports to five countries/territories were 1350.0087 million, 1014.8680 million, 644.8162 million, 350.2826 million, 331.7702 million. These values correspond to 16.69%, 12.54%, 7.97%, 4.33%, 4.10% of ARGENTINA's imports and exports, and, respectively, were down 6.00%, down 3.67%, down 33.79%, up 45.53%, down 0.21% comparing to the same period of last year.

Current year until 202001, ARGENTINA and the top five trade partners BRAZIL, CHILE, CHINA, INDONESIA, INDIA are the top five countries/territories that ARGENTINA exports to in terms of the total export amount. During the current year until 202001, ARGENTINA's exports to these five countries/territories were 696.0853 million, 290.2999 million, 265.3121 million, 259.5554 million, 245.7625 million. These values correspond to 15.28%, 6.37%, 5.82%, 5.70%, 5.39% of ARGENTINA's exports and, respectively, were down 0.54%, up 1.62%, up 8.75%, up 24.54%, up 31.82% comparing with the same period of last year.

Current year until 202001, ARGENTINA's exports to top five countries/territories CHINA, BRAZIL, UNITED STATES, GERMANY, ITALY are the top five countries/territories that ARGENTINA imports from in terms of the total export amount. During the current year until 202001, ARGENTINA's imports from these five countries/territories were 749.5559 million, 653.9234 million, 419.5054 million, 177.5058 million, 114.0395 million. These values correspond to 21.21%, 18.50%, 11.87%, 5.02%, 3.23% of ARGENTINA's total imports and, respectively, were down 7.42%, down 11.20%, down 39.12%, down 31.45%, down 17.69% comparing with the same period of last year.

During the current year until 202001, the trade surplus of ARGENTINA was mainly from CHILE, INDONESIA, VIETNAM, INDIA, PERU at 248.8297 million, 234.6239 million, 157.6668 million, 141.2424 million, 141.1241 million, and up 4.17%, up 27.54%, up 38.30%, up 6.86%, up 76.29%. And the trade deficits were mainly from CHINA, UNITED STATES, GERMANY, ITALY, MEXICO at 484.2437 million, 194.1946 million, 108.1602 million, 72.0381 million, 71.1404 million, and down 14.39%, down 51.96%, down 40.52%, up 16.42%, up 225.75%.

Current year until 202001, ARGENTINA's trade surplus or deficit with top five countries/territories During the current year until 202001,  commodities with hs2 codes, 10, 99, 84, 87, 85, were ARGENTINA's top five traded commodities. They correspond to the import and export values of 1135.9292 million, 767.9295 million, 678.1334 million, 593.6514 million, 474.5310 million, which were up 27.96%, down 0.95%, down 15.60%, down 8.53%, down 15.47% comparing with the same period of last year and account for 14.04%, 9.49%, 8.38%, 7.34%, 5.87% of ARGENTINA's total imports and exports.

During the current year until 202001, 10, 99, 23, 15, 02 were ARGENTINA's top five traded commodities, with total import and export values of 1129.6250 million, 722.4969 million, 376.9321 million, 317.4405 million, 274.5720 million. These values correspond to 24.80%, 15.86%, 8.27%, 6.97%, 6.03% of ARGENTINA's total exports and, respectively, were up 27.36%, down 0.71%, down 28.32%, down 10.16%, up 32.60% comparing to the same period of last year.

During the current year until 202001, 84, 85, 87, 27, 30 were ARGENTINA's top five traded commodities, with total import values of 610.6643 million, 464.4627 million, 347.7061 million, 287.8709 million, 188.4747 million. These values correspond to 17.28%, 13.14%, 9.84%, 8.15%, 5.33% of ARGENTINA's total exports and, respectively, were down 15.56%, down 15.70%, down 18.77%, down 7.13%, down 3.34% comparing to the same period of last year.


2. Current year until 202001, ARGENTINA binational trade profile

According to Dalian Infobank, during the current year until 202001, ARGENTINA-China binational exports and imports of goods amounted to 1014.8680 million and were down 3.67% comparing with the same period of last year. Among these, exports from ARGENTINA to China were 265.3121 million and up 8.75%, imports from China to ARGENTINA were 749.5559 million and down 7.42%. The total binational trade deficit was 484.2437 million and down 14.39%.

During the urrent year until 202001, commodities with hs2 code, 85, 84, 02, 29, 12, were binational trade's top five traded commodities. They correspond to import and export values of 218.8985 million, 168.6716 million, 160.4148 million, 73.1997 million, 42.9203 million and makes up 21.57%, 16.62%, 15.81%, 7.21%, 4.23% of the total binational imports and exports. These values were also down 26.79%, up 9.42%, up 50.44%, down 4.37%, down 9.31% comparing to the same period last year.

During the current year until 202001, 02, 12, 03, 99, 15 were the top five traded commodities exported to China from ARGENTINA, with export values of 160.4148 million, 42.6424 million, 16.4121 million, 12.8404 million, 5.6752 million. These values account for 60.46%, 16.07%, 6.19%, 4.84%, 2.14% of ARGENTINA's total exports and were up 50.44%, down 9.43%, down 62.22%, down 10.26%, up 63.10% comparing to the same period of last year.

During the current year until 202001, 85, 84, 29, 39, 87 were ARGENTINA's top five traded commodities importing from China , with import values of 218.8985 million, 168.3800 million, 73.1997 million, 30.7336 million, 29.0985 million. These values account for 29.20%, 22.46%, 9.77%, 4.10%, 3.88% of ARGENTINA's total imports and were down 26.79%, up 9.42%, down 1.90%, up 38.65%, up 26.45% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: INDEC