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Monitor Report of ARGENTINA trade and ARGENTINA-China binational trade in 202101

 1.  Overview the trade of ARGENTINA in goods current year until 202101

According to Dalian Infobank, in 202101ARGENTINA's exports and imports of goods amounted to 8710.8862 million, and were up 7.34% comparing with the same period of last year. Among these, exports were up 6.29% at 4867.3388 million, and imports were up 8.72% at 3843.5474 million. And the corresponding trade surplus was 1023.7914 million and down 1.94%.

During the current year until 202101, ARGENTINA's total exports and imports of goods were 8710.8862 million and were up 7.34% comparing to the same period of last year. Among these, exports were 4867.3388 million and up 6.29%; imports were 3843.5474 million and up 8.72%. The total trade surplus was 1023.7914 million and down 1.94%.

If considering by country (region), BRAZIL, CHINA, UNITED STATES, INDIA, CHILE were ARGENTINA's top five trading partners. During the current year until 202101, ARGENTINA's imports and exports to five countries/territories were 1571.5958 million, 1146.4429 million, 613.4945 million, 472.8969 million, 273.4458 million. These values correspond to 18.04%, 13.16%, 7.04%, 5.43%, 3.14% of ARGENTINA's imports and exports, and, respectively, were up 16.33%, up 12.86%, down 4.89%, up 35.00%, down 17.85% comparing to the same period of last year.

Current year until 202101, ARGENTINA and the top five trade partners BRAZIL, INDIA, CHINA, 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 202101, ARGENTINA's exports to these five countries/territories were 815.1768 million, 406.6293 million, 276.2814 million, 267.4724 million, 228.9279 million. These values correspond to 16.75%, 8.35%, 5.68%, 5.50%, 4.70% of ARGENTINA's exports and, respectively, were up 16.94%, up 65.46%, up 3.78%, up 18.59%, down 21.44% comparing with the same period of last year.

Current year until 202101, ARGENTINA's exports to top five countries/territories CHINA, BRAZIL, UNITED STATES, GERMANY, MEXICO are the top five countries/territories that ARGENTINA imports from in terms of the total export amount. During the current year until 202101, ARGENTINA's imports from these five countries/territories were 870.1615 million, 756.4190 million, 346.0220 million, 180.3961 million, 97.4194 million. These values correspond to 22.64%, 19.68%, 9.00%, 4.69%, 2.53% of ARGENTINA's total imports and, respectively, were up 16.09%, up 15.67%, down 17.52%, up 1.63%, up 2.48% comparing with the same period of last year.

During the current year until 202101, the trade surplus of ARGENTINA was mainly from INDIA, IRAN, CHILE, INDONESIA, NETHERLANDS at 340.3616 million, 195.8088 million, 184.4101 million, 145.9350 million, 100.0961 million, and up 140.98%, 0, down 26.22%, down 37.80%, up 82.22%. And the trade deficits were mainly from CHINA, GERMANY, UNITED STATES, MEXICO, JAPAN at 593.8801 million, 140.3895 million, 78.5496 million, 58.1500 million, 57.9444 million, and up 22.87%, up 34.15%, down 59.50%, down 18.26%, up 25.85%.

Current year until 202101, ARGENTINA's trade surplus or deficit with top five countries/territories During the current year until 202101,  commodities with hs2 codes, 23, 99, 84, 87, 10, were ARGENTINA's top five traded commodities. They correspond to the import and export values of 819.6845 million, 732.0502 million, 711.7443 million, 709.2738 million, 665.2099 million, which were up 114.70%, down 7.15%, up 4.96%, up 19.47%, down 41.44% comparing with the same period of last year and account for 9.41%, 8.40%, 8.17%, 8.14%, 7.64% of ARGENTINA's total imports and exports.

During the current year until 202101, 23, 99, 10, 15, 27 were ARGENTINA's top five traded commodities, with total import and export values of 815.1989 million, 696.1154 million, 664.9356 million, 577.7776 million, 297.2189 million. These values correspond to 16.75%, 14.30%, 13.66%, 11.87%, 6.11% of ARGENTINA's total exports and, respectively, were up 116.14%, down 6.16%, down 41.14%, up 81.82%, up 149.12% comparing to the same period of last year.

During the current year until 202101, 84, 85, 87, 27, 29 were ARGENTINA's top five traded commodities, with total import values of 637.6243 million, 478.9200 million, 433.7801 million, 260.2386 million, 203.3411 million. These values correspond to 16.59%, 12.46%, 11.29%, 6.77%, 5.29% of ARGENTINA's total exports and, respectively, were up 4.41%, up 3.11%, up 24.75%, down 9.64%, up 8.93% comparing to the same period of last year.


2. Current year until 202101, ARGENTINA binational trade profile

According to Dalian Infobank, during the current year until 202101, ARGENTINA-China binational exports and imports of goods amounted to 1146.4429 million and were up 12.86% comparing with the same period of last year. Among these, exports from ARGENTINA to China were 276.2814 million and up 3.78%, imports from China to ARGENTINA were 870.1615 million and up 16.09%. The total binational trade deficit was 593.8801 million and up 22.87%.

During the urrent year until 202101, commodities with hs2 code, 85, 84, 02, 29, 10, were binational trade's top five traded commodities. They correspond to import and export values of 247.1168 million, 215.6809 million, 137.1924 million, 73.3721 million, 52.5598 million and makes up 21.56%, 18.81%, 11.97%, 6.40%, 4.58% of the total binational imports and exports. These values were also up 12.89%, up 27.87%, down 14.83%, up 0.24%, 0 comparing to the same period last year.

During the current year until 202101, 02, 10, 15, 99, 03 were the top five traded commodities exported to China from ARGENTINA, with export values of 137.1924 million, 52.5598 million, 30.7065 million, 13.1387 million, 11.4875 million. These values account for 49.66%, 19.02%, 11.11%, 4.76%, 4.16% of ARGENTINA's total exports and were down 14.83%, 0, up 441.06%, up 2.32%, down 30.01% comparing to the same period of last year.

During the current year until 202101, 85, 84, 29, 87, 39 were ARGENTINA's top five traded commodities importing from China , with import values of 247.1168 million, 215.4713 million, 72.6137 million, 48.0844 million, 33.8884 million. These values account for 28.40%, 24.76%, 8.34%, 5.53%, 3.89% of ARGENTINA's total imports and were up 12.89%, up 27.97%, down 0.80%, up 65.25%, up 10.26% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: INDEC