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Monitor Report of ARGENTINA trade and ARGENTINA-China binational trade in 202009

 1.  Overview the trade of ARGENTINA in goods current year until 202009

According to Dalian Infobank, in 202009ARGENTINA's exports and imports of goods amounted to 8779.0018 million, and were down 9.94% comparing with the same period of last year. Among these, exports were down 19.03% at 4652.2938 million, and imports were up 3.12% at 4126.7080 million. And the corresponding trade surplus was 525.5857 million and down 69.86%.

During the current year until 202009, ARGENTINA's total exports and imports of goods were 72207.5330 million and were down 16.45% comparing to the same period of last year. Among these, exports were 41829.1224 million and down 12.78%; imports were 30378.4106 million and down 21.02%. The total trade surplus was 11450.7117 million and up 20.57%.

If considering by country (region), BRAZIL, CHINA, UNITED STATES, VIETNAM, CHILE were ARGENTINA's top five trading partners. During the current year until 202009, ARGENTINA's imports and exports to five countries/territories were 11522.9915 million, 10128.3188 million, 5648.2535 million, 2881.5547 million, 2532.1209 million. These values correspond to 15.96%, 14.03%, 7.82%, 3.99%, 3.51% of ARGENTINA's imports and exports, and, respectively, were down 26.10%, down 11.59%, down 30.44%, up 5.03%, down 6.27% comparing to the same period of last year.

Current year until 202009, 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 202009, ARGENTINA's exports to these five countries/territories were 5463.6797 million, 4193.9139 million, 2481.2578 million, 2343.9097 million, 2164.4531 million. These values correspond to 13.06%, 10.03%, 5.93%, 5.60%, 5.17% of ARGENTINA's exports and, respectively, were down 28.67%, down 4.56%, down 20.13%, up 3.80%, down 5.45% comparing with the same period of last year.

Current year until 202009, 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 202009, ARGENTINA's imports from these five countries/territories were 6059.3118 million, 5934.4049 million, 3166.9957 million, 1835.4116 million, 1464.7677 million. These values correspond to 19.95%, 19.53%, 10.43%, 6.04%, 4.82% of ARGENTINA's total imports and, respectively, were down 23.61%, down 15.97%, down 36.83%, up 25.61%, down 31.21% comparing with the same period of last year.

During the current year until 202009, the trade surplus of ARGENTINA was mainly from VIETNAM, CHILE, INDIA, NETHERLANDS, PERU at 1806.2647 million, 1796.7854 million, 1243.5042 million, 1049.3592 million, 966.0406 million, and up 1.89%, down 4.27%, up 22.47%, up 12.33%, down 6.80%. And the trade deficits were mainly from CHINA, PARAGUAY, GERMANY, UNITED STATES, BRAZIL at 1740.4910 million, 1230.2194 million, 917.3166 million, 685.7378 million, 595.6320 million, and down 34.76%, up 70.97%, down 34.51%, down 64.04%, up 119.20%.

Current year until 202009, ARGENTINA's trade surplus or deficit with top five countries/territories During the current year until 202009,  commodities with hs2 codes, 10, 99, 87, 23, 84, were ARGENTINA's top five traded commodities. They correspond to the import and export values of 7343.9189 million, 5754.5559 million, 5504.6693 million, 4994.2786 million, 4933.3018 million, which were up 7.47%, down 15.66%, down 39.18%, down 15.25%, down 26.73% comparing with the same period of last year and account for 10.17%, 7.97%, 7.62%, 6.92%, 6.83% of ARGENTINA's total imports and exports.

During the current year until 202009, 10, 99, 23, 15, 12 were ARGENTINA's top five traded commodities, with total import and export values of 7327.3642 million, 5399.4561 million, 4942.8206 million, 3245.5094 million, 2977.5907 million. These values correspond to 17.52%, 12.91%, 11.82%, 7.76%, 7.12% of ARGENTINA's total exports and, respectively, were up 7.55%, down 15.49%, down 15.31%, up 2.05%, up 16.19% comparing to the same period of last year.

During the current year until 202009, 84, 85, 87, 27, 29 were ARGENTINA's top five traded commodities, with total import values of 4303.8078 million, 3337.8892 million, 3134.5801 million, 2149.2112 million, 1943.3202 million. These values correspond to 14.17%, 10.99%, 10.32%, 7.07%, 6.40% of ARGENTINA's total exports and, respectively, were down 26.71%, down 33.69%, down 30.24%, down 39.03%, up 6.80% comparing to the same period of last year.


2. Current year until 202009, ARGENTINA binational trade profile

According to Dalian Infobank, during the current year until 202009, ARGENTINA-China binational exports and imports of goods amounted to 10128.3188 million and were down 11.59% comparing with the same period of last year. Among these, exports from ARGENTINA to China were 4193.9139 million and down 4.56%, imports from China to ARGENTINA were 5934.4049 million and down 15.97%. The total binational trade deficit was 1740.4910 million and down 34.76%.

During the urrent year until 202009, 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 1821.5223 million, 1538.4647 million, 1379.9249 million, 1248.4720 million, 828.6852 million and makes up 17.98%, 15.19%, 13.62%, 12.33%, 8.18% of the total binational imports and exports. These values were also down 2.73%, down 36.98%, down 2.71%, down 8.97%, up 20.31% comparing to the same period last year.

During the current year until 202009, 12, 02, 03, 15, 99 were the top five traded commodities exported to China from ARGENTINA, with export values of 1816.5693 million, 1379.9249 million, 317.0382 million, 229.0022 million, 155.7133 million. These values account for 43.31%, 32.90%, 7.56%, 5.46%, 3.71% of ARGENTINA's total exports and were down 2.78%, down 2.71%, up 4.58%, up 7.37%, down 36.24% comparing to the same period of last year.

During the current year until 202009, 85, 84, 29, 87, 39 were ARGENTINA's top five traded commodities importing from China , with import values of 1538.4647 million, 1245.8380 million, 823.7241 million, 208.9132 million, 191.8058 million. These values account for 25.92%, 20.99%, 13.88%, 3.52%, 3.23% of ARGENTINA's total imports and were down 36.95%, down 8.94%, up 21.98%, down 18.34%, up 0.78% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: INDEC