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Monitor Report of ARGENTINA trade and ARGENTINA-China binational trade in 202104

 1.  Overview the trade of ARGENTINA in goods current year until 202104

According to Dalian Infobank, in 202104ARGENTINA's exports and imports of goods amounted to 10766.3890 million, and were up 48.63% comparing with the same period of last year. Among these, exports were up 40.11% at 6093.5818 million, and imports were up 61.44% at 4672.8071 million. And the corresponding trade surplus was 1420.7747 million and down 2.34%.

During the current year until 202104, ARGENTINA's total exports and imports of goods were 39049.7822 million and were up 28.18% comparing to the same period of last year. Among these, exports were 21500.5795 million and up 21.54%; imports were 17549.2027 million and up 37.37%. The total trade surplus was 3951.3768 million and down 19.59%.

If considering by country (region), BRAZIL, CHINA, UNITED STATES, INDIA, VIETNAM were ARGENTINA's top five trading partners. During the current year until 202104, ARGENTINA's imports and exports to five countries/territories were 6799.8036 million, 5159.4125 million, 2572.3790 million, 1553.0941 million, 1465.8627 million. These values correspond to 17.41%, 13.21%, 6.59%, 3.98%, 3.75% of ARGENTINA's imports and exports, and, respectively, were up 29.24%, up 53.08%, up 5.07%, up 55.11%, up 32.93% comparing to the same period of last year.

Current year until 202104, 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 202104, ARGENTINA's exports to these five countries/territories were 3144.6651 million, 1397.4165 million, 1223.2229 million, 1187.0046 million, 1085.5534 million. These values correspond to 14.63%, 6.50%, 5.69%, 5.52%, 5.05% of ARGENTINA's exports and, respectively, were up 17.15%, up 20.62%, up 71.29%, up 14.87%, up 22.84% comparing with the same period of last year.

Current year until 202104, 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 202104, ARGENTINA's imports from these five countries/territories were 3761.9961 million, 3655.1385 million, 1385.3744 million, 996.7353 million, 757.3715 million. These values correspond to 21.44%, 20.83%, 7.89%, 5.68%, 4.32% of ARGENTINA's total imports and, respectively, were up 70.09%, up 41.85%, down 2.08%, up 39.00%, up 8.58% comparing with the same period of last year.

During the current year until 202104, the trade surplus of ARGENTINA was mainly from INDIA, CHILE, VIETNAM, INDONESIA, EGYPT at 893.3517 million, 869.1507 million, 705.2441 million, 557.9466 million, 531.9376 million, and up 109.24%, down 1.15%, up 6.09%, down 14.69%, up 64.85%. And the trade deficits were mainly from CHINA, PARAGUAY, GERMANY, BRAZIL, MEXICO at 2364.5796 million, 675.9109 million, 561.4282 million, 510.4733 million, 268.5157 million, and up 124.51%, up 44.60%, up 25.22%, down 574.60%, up 50.38%.

Current year until 202104, ARGENTINA's trade surplus or deficit with top five countries/territories During the current year until 202104,  commodities with hs2 codes, 87, 99, 10, 23, 84, were ARGENTINA's top five traded commodities. They correspond to the import and export values of 3600.1913 million, 3515.7453 million, 3383.4059 million, 3291.4916 million, 3076.0154 million, which were up 41.91%, up 26.18%, down 6.82%, up 84.23%, up 45.84% comparing with the same period of last year and account for 9.22%, 9.00%, 8.66%, 8.43%, 7.88% of ARGENTINA's total imports and exports.

During the current year until 202104, 10, 99, 23, 15, 87 were ARGENTINA's top five traded commodities, with total import and export values of 3379.6456 million, 3336.2116 million, 3273.4025 million, 2131.8011 million, 1548.2323 million. These values correspond to 15.72%, 15.52%, 15.22%, 9.92%, 7.20% of ARGENTINA's total exports and, respectively, were down 6.73%, up 25.90%, up 85.17%, up 73.02%, up 39.99% comparing to the same period of last year.

During the current year until 202104, 84, 85, 87, 27, 12 were ARGENTINA's top five traded commodities, with total import values of 2735.4356 million, 2056.9388 million, 2051.9590 million, 1004.1222 million, 923.4218 million. These values correspond to 15.59%, 11.72%, 11.69%, 5.72%, 5.26% of ARGENTINA's total exports and, respectively, were up 47.01%, up 44.58%, up 43.38%, up 6.22%, up 46.53% comparing to the same period of last year.


2. Current year until 202104, ARGENTINA binational trade profile

According to Dalian Infobank, during the current year until 202104, ARGENTINA-China binational exports and imports of goods amounted to 5159.4125 million and were up 53.08% comparing with the same period of last year. Among these, exports from ARGENTINA to China were 1397.4165 million and up 20.62%, imports from China to ARGENTINA were 3761.9961 million and up 70.09%. The total binational trade deficit was 2364.5796 million and up 124.51%.

During the urrent year until 202104, 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 1024.1804 million, 921.4561 million, 577.8597 million, 349.8043 million, 295.4323 million and makes up 19.85%, 17.86%, 11.20%, 6.78%, 5.73% of the total binational imports and exports. These values were also up 64.92%, up 107.70%, up 2.62%, up 39.14%, up 39225081.65% comparing to the same period last year.

During the current year until 202104, 02, 10, 15, 12, 03 were the top five traded commodities exported to China from ARGENTINA, with export values of 577.8597 million, 295.4323 million, 215.1907 million, 70.3994 million, 63.4805 million. These values account for 41.35%, 21.14%, 15.40%, 5.04%, 4.54% of ARGENTINA's total exports and were up 2.62%, up ∞%, up 312.01%, down 70.78%, down 56.29% comparing to the same period of last year.

During the current year until 202104, 85, 84, 29, 87, 39 were ARGENTINA's top five traded commodities importing from China , with import values of 1023.9566 million, 918.0361 million, 347.8473 million, 205.6668 million, 134.9687 million. These values account for 27.22%, 24.40%, 9.25%, 5.47%, 3.59% of ARGENTINA's total imports and were up 64.89%, up 107.54%, up 39.79%, up 134.02%, up 61.14% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: INDEC