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Monitor Report of ARGENTINA trade and ARGENTINA-China binational trade in 202003

 1.  Overview the trade of ARGENTINA in goods current year until 202003

According to Dalian Infobank, in 202003ARGENTINA's exports and imports of goods amounted to 7507.0615 million, and were down 17.44% comparing with the same period of last year. Among these, exports were down 15.66% at 4332.5341 million, and imports were down 19.76% at 3174.5274 million. And the corresponding trade surplus was 1158.0067 million and down 1.92%.

During the current year until 202003, ARGENTINA's total exports and imports of goods were 23115.5558 million and were down 12.23% comparing to the same period of last year. Among these, exports were 13212.2792 million and down 6.75%; imports were 9903.2767 million and down 18.60%. The total trade surplus was 3309.0025 million and up 65.17%.

If considering by country (region), BRAZIL, CHINA, UNITED STATES, CHILE, VIETNAM were ARGENTINA's top five trading partners. During the current year until 202003, ARGENTINA's imports and exports to five countries/territories were 4335.7291 million, 2458.9584 million, 1790.5973 million, 900.9058 million, 788.2748 million. These values correspond to 18.76%, 10.64%, 7.75%, 3.90%, 3.41% of ARGENTINA's imports and exports, and, respectively, were down 13.44%, down 15.66%, down 30.74%, down 0.76%, up 8.31% comparing to the same period of last year.

Current year until 202003, ARGENTINA and the top five trade partners BRAZIL, CHILE, UNITED STATES, CHINA, INDONESIA are the top five countries/territories that ARGENTINA exports to in terms of the total export amount. During the current year until 202003, ARGENTINA's exports to these five countries/territories were 2276.8641 million, 793.6443 million, 749.2559 million, 657.2362 million, 645.8263 million. These values correspond to 17.23%, 6.01%, 5.67%, 4.97%, 4.89% of ARGENTINA's exports and, respectively, were down 9.37%, up 2.74%, down 21.52%, down 14.15%, up 17.84% comparing with the same period of last year.

Current year until 202003, ARGENTINA's exports to top five countries/territories BRAZIL, CHINA, UNITED STATES, PARAGUAY, GERMANY are the top five countries/territories that ARGENTINA imports from in terms of the total export amount. During the current year until 202003, ARGENTINA's imports from these five countries/territories were 2058.8650 million, 1801.7222 million, 1041.3414 million, 581.5884 million, 488.9605 million. These values correspond to 20.79%, 18.19%, 10.52%, 5.87%, 4.94% of ARGENTINA's total imports and, respectively, were down 17.53%, down 16.19%, down 36.14%, up 1.07%, down 32.71% comparing with the same period of last year.

During the current year until 202003, the trade surplus of ARGENTINA was mainly from CHILE, INDONESIA, VIETNAM, PERU, NETHERLANDS at 686.3829 million, 579.7923 million, 446.2973 million, 388.1432 million, 326.9311 million, and up 7.73%, up 20.80%, down 20.53%, up 47.00%, up 132.83%. And the trade deficits were mainly from CHINA, PARAGUAY, GERMANY, UNITED STATES, BOLIVIA at 1144.4860 million, 377.8521 million, 296.3244 million, 292.0855 million, 158.4217 million, and down 17.32%, up 12.89%, down 41.14%, down 56.79%, up 15.98%.

Current year until 202003, ARGENTINA's trade surplus or deficit with top five countries/territories During the current year until 202003,  commodities with hs2 codes, 10, 87, 99, 84, 23, were ARGENTINA's top five traded commodities. They correspond to the import and export values of 2758.0780 million, 2204.5454 million, 2081.7985 million, 1701.7013 million, 1212.0943 million, which were up 15.03%, down 20.87%, down 8.17%, down 22.90%, down 25.62% comparing with the same period of last year and account for 11.93%, 9.54%, 9.01%, 7.36%, 5.24% of ARGENTINA's total imports and exports.

During the current year until 202003, 10, 99, 23, 87, 15 were ARGENTINA's top five traded commodities, with total import and export values of 2750.6155 million, 1949.2089 million, 1199.6335 million, 1067.9570 million, 797.4081 million. These values correspond to 20.82%, 14.75%, 9.08%, 8.08%, 6.04% of ARGENTINA's total exports and, respectively, were up 14.81%, down 8.37%, down 25.71%, down 18.15%, down 16.87% comparing to the same period of last year.

During the current year until 202003, 84, 87, 85, 27, 30 were ARGENTINA's top five traded commodities, with total import values of 1490.7549 million, 1136.5884 million, 1127.0878 million, 745.4814 million, 522.4164 million. These values correspond to 15.05%, 11.48%, 11.38%, 7.53%, 5.28% of ARGENTINA's total exports and, respectively, were down 23.08%, down 23.27%, down 27.57%, down 18.55%, down 6.59% comparing to the same period of last year.


2. Current year until 202003, ARGENTINA binational trade profile

According to Dalian Infobank, during the current year until 202003, ARGENTINA-China binational exports and imports of goods amounted to 2458.9584 million and were down 15.66% comparing with the same period of last year. Among these, exports from ARGENTINA to China were 657.2362 million and down 14.15%, imports from China to ARGENTINA were 1801.7222 million and down 16.19%. The total binational trade deficit was 1144.4860 million and down 17.32%.

During the urrent year until 202003, commodities with hs2 code, 85, 02, 84, 29, 03, were binational trade's top five traded commodities. They correspond to import and export values of 509.3567 million, 385.4115 million, 373.5497 million, 174.3963 million, 97.5099 million and makes up 20.71%, 15.67%, 15.19%, 7.09%, 3.97% of the total binational imports and exports. These values were also down 32.51%, up 24.41%, down 12.92%, down 9.69%, down 39.50% comparing to the same period last year.

During the current year until 202003, 02, 03, 12, 99, 15 were the top five traded commodities exported to China from ARGENTINA, with export values of 385.4115 million, 97.5099 million, 44.5666 million, 30.8544 million, 20.8921 million. These values account for 58.64%, 14.84%, 6.78%, 4.69%, 3.18% of ARGENTINA's total exports and were up 24.41%, down 39.50%, down 8.65%, down 66.09%, down 52.50% comparing to the same period of last year.

During the current year until 202003, 85, 84, 29, 87, 39 were ARGENTINA's top five traded commodities importing from China , with import values of 509.3567 million, 372.2397 million, 172.6168 million, 75.8309 million, 68.4184 million. These values account for 28.27%, 20.66%, 9.58%, 4.21%, 3.80% of ARGENTINA's total imports and were down 32.51%, down 13.06%, down 6.38%, up 2.23%, up 19.49% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: INDEC