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Monitor Report of ARGENTINA trade and ARGENTINA-China binational trade in 202005

 1.  Overview the trade of ARGENTINA in goods current year until 202005

According to Dalian Infobank, in 202005ARGENTINA's exports and imports of goods amounted to 8229.3399 million, and were down 23.01% comparing with the same period of last year. Among these, exports were down 16.26% at 5060.9516 million, and imports were down 31.79% at 3168.3883 million. And the corresponding trade surplus was 1892.5633 million and up 35.29%.

During the current year until 202005, ARGENTINA's total exports and imports of goods were 38591.8132 million and were down 17.07% comparing to the same period of last year. Among these, exports were 22602.0486 million and down 11.54%; imports were 15989.7646 million and down 23.80%. The total trade surplus was 6612.2841 million and up 44.78%.

If considering by country (region), BRAZIL, CHINA, UNITED STATES, VIETNAM, CHILE were ARGENTINA's top five trading partners. During the current year until 202005, ARGENTINA's imports and exports to five countries/territories were 6147.4666 million, 4985.0831 million, 2932.8381 million, 1470.7567 million, 1391.3339 million. These values correspond to 15.93%, 12.92%, 7.60%, 3.81%, 3.61% of ARGENTINA's imports and exports, and, respectively, were down 29.31%, down 9.17%, down 34.74%, up 7.99%, down 9.08% comparing to the same period of last year.

Current year until 202005, ARGENTINA and the top five trade partners BRAZIL, CHINA, CHILE, VIETNAM, UNITED STATES are the top five countries/territories that ARGENTINA exports to in terms of the total export amount. During the current year until 202005, ARGENTINA's exports to these five countries/territories were 3052.7366 million, 2118.2402 million, 1221.5497 million, 1218.3431 million, 1201.2670 million. These values correspond to 13.51%, 9.37%, 5.40%, 5.39%, 5.31% of ARGENTINA's exports and, respectively, were down 28.00%, up 16.34%, down 6.01%, up 1.94%, down 30.85% comparing with the same period of last year.

Current year until 202005, 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 202005, ARGENTINA's imports from these five countries/territories were 3094.7300 million, 2866.8429 million, 1731.5711 million, 966.8847 million, 882.1951 million. These values correspond to 19.35%, 17.93%, 10.83%, 6.05%, 5.52% of ARGENTINA's total imports and, respectively, were down 30.56%, down 21.84%, down 37.19%, up 1.59%, down 26.70% comparing with the same period of last year.

During the current year until 202005, the trade surplus of ARGENTINA was mainly from CHILE, VIETNAM, INDONESIA, INDIA, PERU at 1051.7655 million, 965.9294 million, 677.6370 million, 618.1497 million, 587.4054 million, and down 1.61%, down 6.08%, up 5.70%, up 15.67%, up 16.88%. And the trade deficits were mainly from CHINA, PARAGUAY, GERMANY, UNITED STATES, BOLIVIA at 748.6028 million, 660.1718 million, 582.5081 million, 530.3041 million, 249.7291 million, and down 59.47%, up 20.08%, down 27.04%, down 48.00%, down 2.90%.

Current year until 202005, ARGENTINA's trade surplus or deficit with top five countries/territories During the current year until 202005,  commodities with hs2 codes, 10, 99, 87, 84, 23, were ARGENTINA's top five traded commodities. They correspond to the import and export values of 4364.8689 million, 3276.3337 million, 2880.6493 million, 2663.0391 million, 2564.2369 million, which were up 6.33%, down 14.59%, down 41.25%, down 29.08%, down 17.16% comparing with the same period of last year and account for 11.31%, 8.49%, 7.46%, 6.90%, 6.64% of ARGENTINA's total imports and exports.

During the current year until 202005, 10, 99, 23, 15, 12 were ARGENTINA's top five traded commodities, with total import and export values of 4355.4538 million, 3088.1100 million, 2540.0369 million, 1670.8719 million, 1425.6804 million. These values correspond to 19.27%, 13.66%, 11.24%, 7.39%, 6.31% of ARGENTINA's total exports and, respectively, were up 6.43%, down 14.19%, down 17.26%, up 3.76%, up 57.89% comparing to the same period of last year.

During the current year until 202005, 84, 85, 87, 27, 30 were ARGENTINA's top five traded commodities, with total import values of 2349.4873 million, 1730.5736 million, 1689.1715 million, 1149.3524 million, 933.9759 million. These values correspond to 14.69%, 10.82%, 10.56%, 7.19%, 5.84% of ARGENTINA's total exports and, respectively, were down 28.62%, down 35.92%, down 33.48%, down 33.89%, down 0.41% comparing to the same period of last year.


2. Current year until 202005, ARGENTINA binational trade profile

According to Dalian Infobank, during the current year until 202005, ARGENTINA-China binational exports and imports of goods amounted to 4985.0831 million and were down 9.17% comparing with the same period of last year. Among these, exports from ARGENTINA to China were 2118.2402 million and up 16.34%, imports from China to ARGENTINA were 2866.8429 million and down 21.84%. The total binational trade deficit was 748.6028 million and down 59.47%.

During the urrent year until 202005, commodities with hs2 code, 12, 02, 85, 84, 29, were binational trade's top five traded commodities. They correspond to import and export values of 841.6392 million, 798.8576 million, 772.1650 million, 572.2408 million, 348.4418 million and makes up 16.88%, 16.02%, 15.49%, 11.48%, 6.99% of the total binational imports and exports. These values were also up 48.83%, up 27.88%, down 42.52%, down 18.13%, up 3.52% comparing to the same period last year.

During the current year until 202005, 12, 02, 03, 99, 15 were the top five traded commodities exported to China from ARGENTINA, with export values of 839.4405 million, 798.8576 million, 201.3009 million, 82.1890 million, 73.2803 million. These values account for 39.63%, 37.71%, 9.50%, 3.88%, 3.46% of ARGENTINA's total exports and were up 49.09%, up 27.88%, up 0.31%, down 32.41%, down 35.81% comparing to the same period of last year.

During the current year until 202005, 85, 84, 29, 39, 87 were ARGENTINA's top five traded commodities importing from China , with import values of 772.1650 million, 570.6757 million, 345.5049 million, 108.5048 million, 108.4022 million. These values account for 26.93%, 19.91%, 12.05%, 3.78%, 3.78% of ARGENTINA's total imports and were down 42.47%, down 18.19%, up 5.58%, up 11.85%, down 12.36% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: INDEC