Close

Monitor Report of ARGENTINA trade and ARGENTINA-China binational trade in 202010

 1.  Overview the trade of ARGENTINA in goods current year until 202010

According to Dalian Infobank, in 202010ARGENTINA's exports and imports of goods amounted to 8678.4854 million, and were down 13.31% comparing with the same period of last year. Among these, exports were down 20.63% at 4674.0444 million, and imports were down 2.84% at 4004.4409 million. And the corresponding trade surplus was 669.6035 million and down 62.12%.

During the current year until 202010, ARGENTINA's total exports and imports of goods were 81172.2609 million and were down 15.82% comparing to the same period of last year. Among these, exports were 46839.3217 million and down 13.02%; imports were 34332.9392 million and down 19.37%. The total trade surplus was 12506.3825 million and up 11.02%.

If considering by country (region), BRAZIL, CHINA, UNITED STATES, VIETNAM, CHILE were ARGENTINA's top five trading partners. During the current year until 202010, ARGENTINA's imports and exports to five countries/territories were 13181.6949 million, 11431.6155 million, 6308.3349 million, 3181.3280 million, 2869.2142 million. These values correspond to 16.24%, 14.08%, 7.77%, 3.92%, 3.53% of ARGENTINA's imports and exports, and, respectively, were down 23.84%, down 14.37%, down 29.19%, up 2.62%, down 3.96% comparing to the same period of last year.

Current year until 202010, ARGENTINA and the top five trade partners BRAZIL, CHINA, UNITED STATES, VIETNAM, CHILE are the top five countries/territories that ARGENTINA exports to in terms of the total export amount. During the current year until 202010, ARGENTINA's exports to these five countries/territories were 6238.9344 million, 4639.3856 million, 2767.6019 million, 2554.4359 million, 2443.4808 million. These values correspond to 13.32%, 9.90%, 5.91%, 5.45%, 5.22% of ARGENTINA's exports and, respectively, were down 27.36%, down 13.10%, down 19.48%, up 0.95%, down 3.50% comparing with the same period of last year.

Current year until 202010, 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 202010, ARGENTINA's imports from these five countries/territories were 6942.7605 million, 6792.2300 million, 3540.7331 million, 2007.0205 million, 1627.3849 million. These values correspond to 20.22%, 19.78%, 10.31%, 5.85%, 4.74% of ARGENTINA's total imports and, respectively, were down 20.38%, down 15.21%, down 35.29%, up 32.26%, down 31.75% comparing with the same period of last year.

During the current year until 202010, the trade surplus of ARGENTINA was mainly from CHILE, VIETNAM, INDIA, NETHERLANDS, PERU at 2017.7474 million, 1927.5439 million, 1436.6690 million, 1161.1377 million, 1092.0858 million, and down 2.83%, down 1.68%, up 30.47%, up 4.24%, down 7.17%. And the trade deficits were mainly from CHINA, PARAGUAY, GERMANY, UNITED STATES, BRAZIL at 2152.8444 million, 1309.9815 million, 1013.3763 million, 773.1312 million, 703.8262 million, and down 19.43%, up 88.42%, down 36.26%, down 62.01%, up 438.82%.

Current year until 202010, ARGENTINA's trade surplus or deficit with top five countries/territories During the current year until 202010,  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 7859.6614 million, 6507.7770 million, 6399.5152 million, 5604.8889 million, 5599.9733 million, which were up 5.75%, down 11.98%, down 36.32%, down 25.07%, down 16.41% comparing with the same period of last year and account for 9.68%, 8.02%, 7.88%, 6.90%, 6.90% of ARGENTINA's total imports and exports.

During the current year until 202010, 10, 99, 23, 15, 12 were ARGENTINA's top five traded commodities, with total import and export values of 7839.1247 million, 6135.8832 million, 5543.3998 million, 3694.0052 million, 3148.9703 million. These values correspond to 16.74%, 13.10%, 11.83%, 7.89%, 6.72% of ARGENTINA's total exports and, respectively, were up 5.79%, down 11.20%, down 16.47%, up 4.95%, down 1.21% comparing to the same period of last year.

During the current year until 202010, 84, 85, 87, 27, 29 were ARGENTINA's top five traded commodities, with total import values of 4887.4119 million, 3813.3903 million, 3621.9930 million, 2261.7806 million, 2170.7641 million. These values correspond to 14.24%, 11.11%, 10.55%, 6.59%, 6.32% of ARGENTINA's total exports and, respectively, were down 25.06%, down 32.35%, down 26.45%, down 39.11%, up 5.68% comparing to the same period of last year.


2. Current year until 202010, ARGENTINA binational trade profile

According to Dalian Infobank, during the current year until 202010, ARGENTINA-China binational exports and imports of goods amounted to 11431.6155 million and were down 14.37% comparing with the same period of last year. Among these, exports from ARGENTINA to China were 4639.3856 million and down 13.10%, imports from China to ARGENTINA were 6792.2300 million and down 15.21%. The total binational trade deficit was 2152.8444 million and down 19.43%.

During the urrent year until 202010, commodities with hs2 code, 12, 85, 02, 84, 29, were binational trade's top five traded commodities. They correspond to import and export values of 1888.2337 million, 1763.9030 million, 1579.8004 million, 1456.3282 million, 921.4125 million and makes up 16.52%, 15.43%, 13.82%, 12.74%, 8.06% of the total binational imports and exports. These values were also down 21.78%, down 35.46%, down 7.05%, down 4.67%, up 15.99% comparing to the same period last year.

During the current year until 202010, 12, 02, 03, 15, 99 were the top five traded commodities exported to China from ARGENTINA, with export values of 1882.5888 million, 1579.8004 million, 336.3722 million, 286.1701 million, 163.0071 million. These values account for 40.58%, 34.05%, 7.25%, 6.17%, 3.51% of ARGENTINA's total exports and were down 21.86%, down 7.05%, down 3.55%, up 15.13%, down 36.34% comparing to the same period of last year.

During the current year until 202010, 85, 84, 29, 87, 39 were ARGENTINA's top five traded commodities importing from China , with import values of 1763.9030 million, 1453.4265 million, 915.4018 million, 245.8304 million, 219.7752 million. These values account for 25.97%, 21.40%, 13.48%, 3.62%, 3.24% of ARGENTINA's total imports and were down 35.42%, down 4.63%, up 17.33%, down 14.57%, up 0.35% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: INDEC