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Monitor Report of ARGENTINA trade and ARGENTINA-China binational trade in 202002

 1.  Overview the trade of ARGENTINA in goods current year until 202002

According to Dalian Infobank, in 202002ARGENTINA's exports and imports of goods amounted to 7518.6316 million, and were down 10.98% comparing with the same period of last year. Among these, exports were down 2.78% at 4323.9910 million, and imports were down 20.09% at 3194.6406 million. And the corresponding trade surplus was 1129.3504 million and up 151.13%.

During the current year until 202002, ARGENTINA's total exports and imports of goods were 15608.4944 million and were down 9.47% comparing to the same period of last year. Among these, exports were 8879.7451 million and down 1.69%; imports were 6728.7493 million and down 18.04%. The total trade surplus was 2150.9958 million and up 161.46%.

If considering by country (region), BRAZIL, CHINA, UNITED STATES, INDIA, CHILE were ARGENTINA's top five trading partners. During the current year until 202002, ARGENTINA's imports and exports to five countries/territories were 2864.8574 million, 1778.1630 million, 1259.6871 million, 619.8038 million, 616.3357 million. These values correspond to 18.35%, 11.39%, 8.07%, 3.97%, 3.95% of ARGENTINA's imports and exports, and, respectively, were down 12.69%, down 11.21%, down 28.00%, up 16.18%, down 0.61% comparing to the same period of last year.

Current year until 202002, ARGENTINA and the top five trade partners BRAZIL, CHILE, UNITED STATES, INDONESIA, CHINA are the top five countries/territories that ARGENTINA exports to in terms of the total export amount. During the current year until 202002, ARGENTINA's exports to these five countries/territories were 1520.5958 million, 541.8416 million, 507.1894 million, 475.2821 million, 448.5900 million. These values correspond to 17.12%, 6.10%, 5.71%, 5.35%, 5.05% of ARGENTINA's exports and, respectively, were down 5.43%, up 1.97%, down 13.34%, up 20.95%, down 13.38% comparing with the same period of last year.

Current year until 202002, ARGENTINA's exports to top five countries/territories BRAZIL, CHINA, UNITED STATES, GERMANY, PARAGUAY are the top five countries/territories that ARGENTINA imports from in terms of the total export amount. During the current year until 202002, ARGENTINA's imports from these five countries/territories were 1344.2616 million, 1329.5730 million, 752.4977 million, 314.2615 million, 285.4626 million. These values correspond to 19.98%, 19.76%, 11.18%, 4.67%, 4.24% of ARGENTINA's total imports and, respectively, were down 19.67%, down 10.45%, down 35.37%, down 37.41%, down 11.79% comparing with the same period of last year.

During the current year until 202002, the trade surplus of ARGENTINA was mainly from CHILE, INDONESIA, PERU, INDIA, VIETNAM at 467.3476 million, 427.5328 million, 267.6581 million, 249.3834 million, 231.2275 million, and up 5.58%, up 22.62%, up 53.43%, down 15.18%, down 20.62%. And the trade deficits were mainly from CHINA, UNITED STATES, GERMANY, PARAGUAY, ITALY at 880.9831 million, 245.3083 million, 176.8327 million, 144.5285 million, 91.2240 million, and down 8.88%, down 57.63%, down 51.28%, down 11.43%, down 5.64%.

Current year until 202002, ARGENTINA's trade surplus or deficit with top five countries/territories During the current year until 202002,  commodities with hs2 codes, 10, 99, 87, 84, 85, were ARGENTINA's top five traded commodities. They correspond to the import and export values of 1863.2822 million, 1480.3075 million, 1444.4947 million, 1219.9938 million, 825.5539 million, which were up 21.26%, down 3.57%, down 16.12%, down 19.12%, down 25.75% comparing with the same period of last year and account for 11.94%, 9.48%, 9.25%, 7.82%, 5.29% of ARGENTINA's total imports and exports.

During the current year until 202002, 10, 99, 23, 87, 15 were ARGENTINA's top five traded commodities, with total import and export values of 1856.5586 million, 1389.9301 million, 725.2900 million, 704.4810 million, 582.3632 million. These values correspond to 20.91%, 15.65%, 8.17%, 7.93%, 6.56% of ARGENTINA's total exports and, respectively, were up 20.95%, down 3.78%, down 19.36%, down 2.93%, down 14.02% comparing to the same period of last year.

During the current year until 202002, 84, 85, 87, 27, 30 were ARGENTINA's top five traded commodities, with total import values of 1068.8539 million, 805.2025 million, 740.0137 million, 514.2703 million, 355.0332 million. These values correspond to 15.88%, 11.97%, 11.00%, 7.64%, 5.28% of ARGENTINA's total exports and, respectively, were down 20.39%, down 26.09%, down 25.72%, down 10.86%, down 4.94% comparing to the same period of last year.


2. Current year until 202002, ARGENTINA binational trade profile

According to Dalian Infobank, during the current year until 202002, ARGENTINA-China binational exports and imports of goods amounted to 1778.1630 million and were down 11.21% comparing with the same period of last year. Among these, exports from ARGENTINA to China were 448.5900 million and down 13.38%, imports from China to ARGENTINA were 1329.5730 million and down 10.45%. The total binational trade deficit was 880.9831 million and down 8.88%.

During the urrent year until 202002, commodities with hs2 code, 85, 84, 02, 29, 03, were binational trade's top five traded commodities. They correspond to import and export values of 382.8735 million, 282.1334 million, 253.4225 million, 124.2017 million, 62.2750 million and makes up 21.53%, 15.87%, 14.25%, 6.98%, 3.50% of the total binational imports and exports. These values were also down 27.44%, down 5.49%, up 21.75%, down 3.22%, down 39.70% comparing to the same period last year.

During the current year until 202002, 02, 03, 12, 99, 27 were the top five traded commodities exported to China from ARGENTINA, with export values of 253.4225 million, 62.2750 million, 43.0874 million, 21.7444 million, 15.8108 million. These values account for 56.49%, 13.88%, 9.61%, 4.85%, 3.52% of ARGENTINA's total exports and were up 21.75%, down 39.70%, down 10.15%, down 73.03%, 0 comparing to the same period of last year.

During the current year until 202002, 85, 84, 29, 87, 39 were ARGENTINA's top five traded commodities importing from China , with import values of 382.8735 million, 280.9042 million, 123.2174 million, 54.9882 million, 52.4265 million. These values account for 28.80%, 21.13%, 9.27%, 4.14%, 3.94% of ARGENTINA's total imports and were down 27.44%, down 5.69%, down 1.50%, up 7.41%, up 33.84% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: INDEC