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Monitor Report of ARGENTINA trade and ARGENTINA-China binational trade in 202103

 1.  Overview the trade of ARGENTINA in goods current year until 202103

According to Dalian Infobank, in 202103ARGENTINA's exports and imports of goods amounted to 11008.7988 million, and were up 46.07% comparing with the same period of last year. Among these, exports were up 29.80% at 5688.6272 million, and imports were up 68.67% at 5320.1716 million. And the corresponding trade surplus was 368.4556 million and down 70.01%.

During the current year until 202103, ARGENTINA's total exports and imports of goods were 28252.0217 million and were up 21.67% comparing to the same period of last year. Among these, exports were 15375.6261 million and up 15.26%; imports were 12876.3955 million and up 30.32%. The total trade surplus was 2499.2306 million and down 27.75%.

If considering by country (region), BRAZIL, CHINA, UNITED STATES, INDIA, VIETNAM were ARGENTINA's top five trading partners. During the current year until 202103, ARGENTINA's imports and exports to five countries/territories were 5140.7435 million, 3777.4851 million, 1878.2402 million, 1127.7173 million, 1063.7583 million. These values correspond to 18.20%, 13.37%, 6.65%, 3.99%, 3.77% of ARGENTINA's imports and exports, and, respectively, were up 18.19%, up 53.42%, up 4.07%, up 43.06%, up 34.92% comparing to the same period of last year.

Current year until 202103, ARGENTINA and the top five trade partners BRAZIL, CHINA, INDIA, UNITED STATES, VIETNAM are the top five countries/territories that ARGENTINA exports to in terms of the total export amount. During the current year until 202103, ARGENTINA's exports to these five countries/territories were 2417.3126 million, 935.1949 million, 894.8641 million, 863.4958 million, 776.0273 million. These values correspond to 15.72%, 6.08%, 5.82%, 5.62%, 5.05% of ARGENTINA's exports and, respectively, were up 5.53%, up 41.58%, up 64.20%, up 13.12%, up 25.68% comparing with the same period of last year.

Current year until 202103, ARGENTINA's exports to top five countries/territories CHINA, BRAZIL, 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 202103, ARGENTINA's imports from these five countries/territories were 2842.2902 million, 2723.4310 million, 1014.7444 million, 627.2635 million, 574.3875 million. These values correspond to 22.07%, 21.15%, 7.88%, 4.87%, 4.46% of ARGENTINA's total imports and, respectively, were up 57.75%, up 32.28%, down 2.55%, up 9.73%, up 17.47% comparing with the same period of last year.

During the current year until 202103, the trade surplus of ARGENTINA was mainly from INDIA, CHILE, VIETNAM, INDONESIA, NETHERLANDS at 662.0108 million, 589.1649 million, 488.2964 million, 419.3645 million, 397.9609 million, and up 119.44%, down 14.51%, up 9.37%, down 27.67%, up 21.28%. And the trade deficits were mainly from CHINA, GERMANY, PARAGUAY, BRAZIL, JAPAN at 1907.0953 million, 434.1394 million, 379.9523 million, 306.1184 million, 191.8230 million, and up 67.12%, up 50.98%, up 4.12%, down 232.06%, up 69.77%.

Current year until 202103, ARGENTINA's trade surplus or deficit with top five countries/territories During the current year until 202103,  commodities with hs2 codes, 99, 87, 84, 10, 23, were ARGENTINA's top five traded commodities. They correspond to the import and export values of 2682.2104 million, 2664.7057 million, 2307.4227 million, 2255.5682 million, 2243.5471 million, which were up 24.87%, up 20.79%, up 35.55%, down 18.32%, up 84.96% comparing with the same period of last year and account for 9.49%, 9.43%, 8.17%, 7.98%, 7.94% of ARGENTINA's total imports and exports.

During the current year until 202103, 99, 10, 23, 15, 87 were ARGENTINA's top five traded commodities, with total import and export values of 2554.4290 million, 2252.1741 million, 2229.4486 million, 1416.9027 million, 1173.5517 million. These values correspond to 16.61%, 14.65%, 14.50%, 9.22%, 7.63% of ARGENTINA's total exports and, respectively, were up 25.92%, down 18.22%, up 85.71%, up 77.45%, up 9.74% comparing to the same period of last year.

During the current year until 202103, 84, 85, 87, 27, 29 were ARGENTINA's top five traded commodities, with total import values of 2058.0159 million, 1543.6497 million, 1491.1540 million, 722.6093 million, 664.4157 million. These values correspond to 15.98%, 11.99%, 11.58%, 5.61%, 5.16% of ARGENTINA's total exports and, respectively, were up 38.05%, up 36.96%, up 31.20%, down 1.87%, up 33.75% comparing to the same period of last year.


2. Current year until 202103, ARGENTINA binational trade profile

According to Dalian Infobank, during the current year until 202103, ARGENTINA-China binational exports and imports of goods amounted to 3777.4851 million and were up 53.42% comparing with the same period of last year. Among these, exports from ARGENTINA to China were 935.1949 million and up 41.58%, imports from China to ARGENTINA were 2842.2902 million and up 57.75%. The total binational trade deficit was 1907.0953 million and up 67.12%.

During the urrent year until 202103, 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 787.1907 million, 709.1340 million, 414.8762 million, 248.2222 million, 232.0077 million and makes up 20.84%, 18.77%, 10.98%, 6.57%, 6.14% of the total binational imports and exports. These values were also up 54.55%, up 89.84%, up 7.08%, up 42.26%, up 30804063.42% comparing to the same period last year.

During the current year until 202103, 02, 10, 15, 03, 99 were the top five traded commodities exported to China from ARGENTINA, with export values of 414.8762 million, 232.0077 million, 114.0783 million, 40.0769 million, 26.6863 million. These values account for 44.36%, 24.81%, 12.20%, 4.29%, 2.85% of ARGENTINA's total exports and were up 7.08%, up ∞%, up 443.91%, down 59.07%, down 14.28% comparing to the same period of last year.

During the current year until 202103, 85, 84, 29, 87, 39 were ARGENTINA's top five traded commodities importing from China , with import values of 787.0230 million, 707.1091 million, 246.9631 million, 149.1442 million, 108.0830 million. These values account for 27.69%, 24.88%, 8.69%, 5.25%, 3.80% of ARGENTINA's total imports and were up 54.51%, up 89.96%, up 43.07%, up 96.68%, up 57.97% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: INDEC