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Monitor Report of ARGENTINA trade and ARGENTINA-China binational trade in 202106

 1.  Overview the trade of ARGENTINA in goods current year until 202106

According to Dalian Infobank, in 202106ARGENTINA's exports and imports of goods amounted to 12832.2842 million, and were up 58.71% comparing with the same period of last year. Among these, exports were up 44.66% at 6923.5027 million, and imports were up 79.09% at 5908.7815 million. And the corresponding trade surplus was 1014.7213 million and down 31.74%.

During the current year until 202106, ARGENTINA's total exports and imports of goods were 63885.1761 million and were up 36.53% comparing to the same period of last year. Among these, exports were 35286.1903 million and up 28.07%; imports were 28598.9858 million and up 48.64%. The total trade surplus was 6687.2045 million and down 19.55%.

If considering by country (region), BRAZIL, CHINA, UNITED STATES, INDIA, VIETNAM were ARGENTINA's top five trading partners. During the current year until 202106, ARGENTINA's imports and exports to five countries/territories were 10693.5804 million, 8502.9752 million, 4711.7521 million, 2523.8672 million, 2232.0641 million. These values correspond to 16.74%, 13.31%, 7.38%, 3.95%, 3.49% of ARGENTINA's imports and exports, and, respectively, were up 48.39%, up 34.22%, up 29.12%, up 60.74%, up 20.15% comparing to the same period of last year.

Current year until 202106, ARGENTINA and the top five trade partners BRAZIL, CHINA, UNITED STATES, INDIA, CHILE are the top five countries/territories that ARGENTINA exports to in terms of the total export amount. During the current year until 202106, ARGENTINA's exports to these five countries/territories were 4940.9820 million, 2666.7860 million, 2214.0069 million, 1859.9248 million, 1730.0708 million. These values correspond to 14.00%, 7.56%, 6.27%, 5.27%, 4.90% of ARGENTINA's exports and, respectively, were up 39.91%, down 3.96%, up 42.86%, up 59.13%, up 22.83% comparing with the same period of last year.

Current year until 202106, 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 202106, ARGENTINA's imports from these five countries/territories were 5836.1892 million, 5752.5983 million, 2497.7451 million, 1710.5017 million, 1181.6467 million. These values correspond to 20.41%, 20.11%, 8.73%, 5.98%, 4.13% of ARGENTINA's total imports and, respectively, were up 64.02%, up 56.53%, up 18.97%, up 47.79%, up 14.97% comparing with the same period of last year.

During the current year until 202106, the trade surplus of ARGENTINA was mainly from CHILE, INDIA, VIETNAM, NETHERLANDS, IRAN at 1425.1346 million, 1195.9824 million, 1029.0462 million, 943.0918 million, 916.2375 million, and up 18.87%, up 55.83%, down 17.21%, up 64.13%, down 899634.47%. And the trade deficits were mainly from CHINA, PARAGUAY, GERMANY, BRAZIL, THAILAND at 3169.4032 million, 1204.4960 million, 865.8306 million, 811.6163 million, 466.7126 million, and up 305.62%, up 54.92%, up 31.10%, up 465.63%, up 61.49%.

Current year until 202106, ARGENTINA's trade surplus or deficit with top five countries/territories During the current year until 202106,  commodities with hs2 codes, 10, 87, 99, 23, 84, were ARGENTINA's top five traded commodities. They correspond to the import and export values of 5695.6091 million, 5683.2115 million, 5595.0910 million, 4944.0473 million, 4848.2258 million, which were up 10.20%, up 70.13%, up 43.42%, up 49.28%, up 53.29% comparing with the same period of last year and account for 8.92%, 8.90%, 8.76%, 7.74%, 7.59% of ARGENTINA's total imports and exports.

During the current year until 202106, 10, 99, 23, 15, 87 were ARGENTINA's top five traded commodities, with total import and export values of 5689.2126 million, 5295.7500 million, 4911.3594 million, 3436.9115 million, 2566.2334 million. These values correspond to 16.12%, 15.01%, 13.92%, 9.74%, 7.27% of ARGENTINA's total exports and, respectively, were up 10.29%, up 42.92%, up 49.70%, up 66.52%, up 85.41% comparing to the same period of last year.

During the current year until 202106, 84, 85, 87, 27, 12 were ARGENTINA's top five traded commodities, with total import values of 4317.4408 million, 3142.9925 million, 3116.9781 million, 2256.6565 million, 1642.9539 million. These values correspond to 15.10%, 10.99%, 10.90%, 7.89%, 5.74% of ARGENTINA's total exports and, respectively, were up 55.38%, up 49.92%, up 59.32%, up 65.14%, up 53.45% comparing to the same period of last year.


2. Current year until 202106, ARGENTINA binational trade profile

According to Dalian Infobank, during the current year until 202106, ARGENTINA-China binational exports and imports of goods amounted to 8502.9752 million and were up 34.22% comparing with the same period of last year. Among these, exports from ARGENTINA to China were 2666.7860 million and down 3.96%, imports from China to ARGENTINA were 5836.1892 million and up 64.02%. The total binational trade deficit was 3169.4032 million and up 305.62%.

During the urrent year until 202106, 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 1525.6241 million, 1430.0084 million, 912.8712 million, 599.6336 million, 525.2651 million and makes up 17.94%, 16.82%, 10.74%, 7.05%, 6.18% of the total binational imports and exports. These values were also up 62.03%, up 103.35%, down 4.97%, up 31.53%, up 69740473.66% comparing to the same period last year.

During the current year until 202106, 02, 10, 12, 15, 03 were the top five traded commodities exported to China from ARGENTINA, with export values of 912.8712 million, 525.2651 million, 504.5228 million, 351.9648 million, 85.8948 million. These values account for 34.23%, 19.70%, 18.92%, 13.20%, 3.22% of ARGENTINA's total exports and were down 4.97%, up ∞%, down 57.97%, up 250.27%, down 64.84% comparing to the same period of last year.

During the current year until 202106, 85, 84, 29, 87, 39 were ARGENTINA's top five traded commodities importing from China , with import values of 1525.3229 million, 1425.8329 million, 596.8755 million, 295.3600 million, 219.5291 million. These values account for 26.14%, 24.43%, 10.23%, 5.06%, 3.76% of ARGENTINA's total imports and were up 62.00%, up 103.28%, up 31.95%, up 119.86%, up 75.28% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: INDEC