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Monitor Report of ARGENTINA trade and ARGENTINA-China binational trade in 202006

 1.  Overview the trade of ARGENTINA in goods current year until 202006

According to Dalian Infobank, in 202006ARGENTINA's exports and imports of goods amounted to 8035.4823 million, and were down 14.61% comparing with the same period of last year. Among these, exports were down 9.65% at 4733.7788 million, and imports were down 20.85% at 3301.7035 million. And the corresponding trade surplus was 1432.0752 million and up 34.12%.

During the current year until 202006, ARGENTINA's total exports and imports of goods were 46627.2955 million and were down 16.65% comparing to the same period of last year. Among these, exports were 27335.8274 million and down 11.22%; imports were 19291.4681 million and down 23.31%. The total trade surplus was 8044.3593 million and up 42.76%.

If considering by country (region), BRAZIL, CHINA, UNITED STATES, VIETNAM, CHILE were ARGENTINA's top five trading partners. During the current year until 202006, ARGENTINA's imports and exports to five countries/territories were 7184.0787 million, 6323.6241 million, 3625.3319 million, 1855.9607 million, 1606.6267 million. These values correspond to 15.41%, 13.56%, 7.78%, 3.98%, 3.45% of ARGENTINA's imports and exports, and, respectively, were down 31.12%, down 5.39%, down 30.89%, up 10.34%, down 10.42% comparing to the same period of last year.

Current year until 202006, ARGENTINA and the top five trade partners BRAZIL, CHINA, VIETNAM, UNITED STATES, CHILE are the top five countries/territories that ARGENTINA exports to in terms of the total export amount. During the current year until 202006, ARGENTINA's exports to these five countries/territories were 3509.0756 million, 2765.3611 million, 1548.5271 million, 1525.8592 million, 1397.0142 million. These values correspond to 12.84%, 10.12%, 5.66%, 5.58%, 5.11% of ARGENTINA's exports and, respectively, were down 31.77%, up 23.41%, up 6.61%, down 22.81%, down 7.84% comparing with the same period of last year.

Current year until 202006, 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 202006, ARGENTINA's imports from these five countries/territories were 3675.0031 million, 3558.2630 million, 2099.4726 million, 1185.8713 million, 1027.7525 million. These values correspond to 19.05%, 18.44%, 10.88%, 6.15%, 5.33% of ARGENTINA's total imports and, respectively, were down 30.49%, down 19.91%, down 35.78%, up 4.78%, down 27.07% comparing with the same period of last year.

During the current year until 202006, the trade surplus of ARGENTINA was mainly from VIETNAM, CHILE, EGYPT, INDIA, INDONESIA at 1241.0934 million, 1187.4017 million, 810.3002 million, 767.2162 million, 713.4120 million, and up 1.48%, down 4.10%, up 20.95%, up 8.67%, up 2.73%. And the trade deficits were mainly from PARAGUAY, CHINA, GERMANY, UNITED STATES, BOLIVIA at 812.4575 million, 792.9019 million, 670.7985 million, 573.6134 million, 313.0031 million, and up 25.60%, down 64.00%, down 27.04%, down 55.62%, down 10.57%.

Current year until 202006, ARGENTINA's trade surplus or deficit with top five countries/territories During the current year until 202006,  commodities with hs2 codes, 10, 99, 87, 23, 84, were ARGENTINA's top five traded commodities. They correspond to the import and export values of 5160.8031 million, 3839.1820 million, 3338.8350 million, 3309.6920 million, 3160.0759 million, which were up 9.60%, down 16.77%, down 43.59%, down 13.30%, down 29.33% comparing with the same period of last year and account for 11.07%, 8.23%, 7.16%, 7.10%, 6.78% of ARGENTINA's total imports and exports.

During the current year until 202006, 10, 99, 23, 15, 12 were ARGENTINA's top five traded commodities, with total import and export values of 5150.5180 million, 3616.0075 million, 3278.4642 million, 2057.0840 million, 1945.6835 million. These values correspond to 18.84%, 13.23%, 11.99%, 7.53%, 7.12% of ARGENTINA's total exports and, respectively, were up 9.73%, down 16.44%, down 13.24%, up 1.99%, up 79.38% comparing to the same period of last year.

During the current year until 202006, 84, 85, 87, 27, 29 were ARGENTINA's top five traded commodities, with total import values of 2778.6722 million, 2096.4875 million, 1956.3965 million, 1390.2576 million, 1166.3444 million. These values correspond to 14.40%, 10.87%, 10.14%, 7.21%, 6.05% of ARGENTINA's total exports and, respectively, were down 28.87%, down 35.31%, down 34.79%, down 37.31%, up 6.47% comparing to the same period of last year.


2. Current year until 202006, ARGENTINA binational trade profile

According to Dalian Infobank, during the current year until 202006, ARGENTINA-China binational exports and imports of goods amounted to 6323.6241 million and were down 5.39% comparing with the same period of last year. Among these, exports from ARGENTINA to China were 2765.3611 million and up 23.41%, imports from China to ARGENTINA were 3558.2630 million and down 19.91%. The total binational trade deficit was 792.9019 million and down 64.00%.

During the urrent year until 202006, 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 1203.0492 million, 954.7389 million, 941.5657 million, 703.2196 million, 455.7947 million and makes up 19.02%, 15.10%, 14.89%, 11.12%, 7.21% of the total binational imports and exports. These values were also up 76.74%, up 18.26%, down 41.76%, down 16.68%, up 10.86% comparing to the same period last year.

During the current year until 202006, 12, 02, 03, 99, 15 were the top five traded commodities exported to China from ARGENTINA, with export values of 1200.3297 million, 954.7389 million, 242.3970 million, 131.3950 million, 98.8319 million. These values account for 43.41%, 34.52%, 8.77%, 4.75%, 3.57% of ARGENTINA's total exports and were up 77.14%, up 18.26%, up 12.97%, down 8.09%, down 22.71% comparing to the same period of last year.

During the current year until 202006, 85, 84, 29, 87, 39 were ARGENTINA's top five traded commodities importing from China , with import values of 941.5657 million, 701.4135 million, 452.3545 million, 134.3412 million, 125.2458 million. These values account for 26.46%, 19.71%, 12.71%, 3.78%, 3.52% of ARGENTINA's total imports and were down 41.72%, down 16.71%, up 12.58%, down 17.44%, up 8.32% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: INDEC