1.  Overview the trade of ARGENTINA in goods current year until 202308

According to Dalian Infobank, in 202308, ARGENTINA's exports and imports of goods amounted to 12665.9130 million, and were down 17.64% comparing with the same period of last year. Among these, exports were down 23.07% at 5800.9943 million, and imports were down 12.40% at 6864.9187 million. And the corresponding trade deficit was 1063.9244 million and up 259.52%.

During the current year until 202308, ARGENTINA's total exports and imports of goods were 96928.0450 million and were down 17.33% comparing to the same period of last year. Among these, exports were 45335.4606 million and down 24.09%; imports were 51592.5844 million and down 10.32%. The total trade deficit was 6257.1238 million and down 384.83%.

If considering by country (region), BRAZIL, CHINA, UNITED STATES, CHILE, PARAGUAY were ARGENTINA's top five trading partners. During the current year until 202308, ARGENTINA's imports and exports to five countries/territories were 20338.8570 million, 13103.1093 million, 9818.9867 million, 3742.5438 million, 3653.9022 million. These values correspond to 20.98%, 13.52%, 10.13%, 3.86%, 3.77% of ARGENTINA's imports and exports, and, respectively, were up 6.70%, down 17.16%, down 20.61%, down 4.82%, up 49.04% comparing to the same period of last year.

Current year until 202308, ARGENTINA and the top five trade partners BRAZIL, UNITED STATES, CHINA, CHILE, INDIA are the top five countries/territories that ARGENTINA exports to in terms of the total export amount. During the current year until 202308, ARGENTINA's exports to these five countries/territories were 7731.5349 million, 3523.9020 million, 3477.1058 million, 3236.1924 million, 1941.8253 million. These values correspond to 17.05%, 7.77%, 7.67%, 7.14%, 4.28% of ARGENTINA's exports and, respectively, were down 4.85%, down 20.33%, down 14.91%, down 4.56%, down 43.71% comparing with the same period of last year.

Current year until 202308, 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 202308, ARGENTINA's imports from these five countries/territories were 12607.3221 million, 9626.0036 million, 6295.0846 million, 2860.5908 million, 1877.2144 million. These values correspond to 24.44%, 18.66%, 12.20%, 5.54%, 3.64% of ARGENTINA's total imports and, respectively, were up 15.27%, down 17.94%, down 20.76%, up 87.60%, up 0.85% comparing with the same period of last year.

During the current year until 202308, the trade surplus of ARGENTINA was mainly from CHILE, PERU, INDIA, URUGUAY, COLOMBIA at 2729.8410 million, 1560.9413 million, 924.5122 million, 732.9366 million, 691.2128 million, and down 4.19%, up 12.08%, down 56.28%, down 1246.92%, up 45.86%. And the trade deficits were mainly from CHINA, BRAZIL, UNITED STATES, PARAGUAY, GERMANY at 6148.8978 million, 4875.7872 million, 2771.1826 million, 2067.2794 million, 1376.0418 million, and down 19.56%, up 73.40%, down 21.31%, up 245.67%, up 7.61%.

Current year until 202308, ARGENTINA's trade surplus or deficit with top five countries/territories During the current year until 202308,  commodities with hs2 codes, 87, 27, 84, 99, 10, were ARGENTINA's top five traded commodities. They correspond to the import and export values of 10208.7385 million, 9986.5369 million, 8511.4155 million, 7184.8600 million, 6060.1356 million, which were up 6.39%, down 27.69%, down 1.94%, down 26.04%, down 47.47% comparing with the same period of last year and account for 10.53%, 10.30%, 8.78%, 7.41%, 6.25% of ARGENTINA's total imports and exports.

During the current year until 202308, 99, 10, 87, 23, 27 were ARGENTINA's top five traded commodities, with total import and export values of 6653.1723 million, 6042.6825 million, 4859.7066 million, 4681.6744 million, 3905.7949 million. These values correspond to 14.68%, 13.33%, 10.72%, 10.33%, 8.62% of ARGENTINA's total exports and, respectively, were down 26.78%, down 47.57%, up 9.93%, down 29.31%, up 14.22% comparing to the same period of last year.

During the current year until 202308, 84, 27, 85, 87, 12 were ARGENTINA's top five traded commodities, with total import values of 7599.2880 million, 6080.7420 million, 5563.8357 million, 5349.0319 million, 4569.6427 million. These values correspond to 14.73%, 11.79%, 10.78%, 10.37%, 8.86% of ARGENTINA's total exports and, respectively, were down 2.97%, down 41.49%, down 4.03%, up 3.38%, up 138.24% comparing to the same period of last year.

2. Current year until 202308, ARGENTINA binational trade profile

According to Dalian Infobank, during the current year until 202308, ARGENTINA-China binational exports and imports of goods amounted to 13103.1093 million and were down 17.16% comparing with the same period of last year. Among these, exports from ARGENTINA to China were 3477.1058 million and down 14.91%, imports from China to ARGENTINA were 9626.0036 million and down 17.94%. The total binational trade deficit was 6148.8978 million and down 19.56%.

During the urrent year until 202308, 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 2605.7468 million, 2296.3497 million, 1216.6043 million, 1046.5109 million, 713.2091 million and makes up 19.89%, 17.53%, 9.28%, 7.99%, 5.44% of the total binational imports and exports. These values were also down 12.25%, down 17.51%, down 29.58%, down 30.25%, down 27.40% comparing to the same period last year.

During the current year until 202308, 02, 10, 12, 15, 28 were the top five traded commodities exported to China from ARGENTINA, with export values of 1216.6043 million, 713.2091 million, 452.7611 million, 265.8892 million, 219.0747 million. These values account for 34.99%, 20.51%, 13.02%, 7.65%, 6.30% of ARGENTINA's total exports and were down 29.58%, down 27.40%, down 25.32%, up 200.94%, up 27.64% comparing to the same period of last year.

During the current year until 202308, 85, 84, 29, 87, 39 were ARGENTINA's top five traded commodities importing from China , with import values of 2605.3870 million, 2293.0308 million, 1042.1969 million, 482.1098 million, 362.9884 million. These values account for 27.07%, 23.82%, 10.83%, 5.01%, 3.77% of ARGENTINA's total imports and were down 12.26%, down 17.56%, down 30.11%, down 17.62%, down 14.08% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: INDEC