1.  Overview the trade of ARGENTINA in goods current year until 202302

According to Dalian Infobank, in 202302, ARGENTINA's exports and imports of goods amounted to 10232.9505 million, and were down 15.34% comparing with the same period of last year. Among these, exports were down 19.65% at 5184.5172 million, and imports were down 10.40% at 5048.4333 million. And the corresponding trade surplus was 136.0839 million and down 83.36%.

During the current year until 202302, ARGENTINA's total exports and imports of goods were 20526.2633 million and were down 10.31% comparing to the same period of last year. Among these, exports were 10109.8484 million and down 15.75%; imports were 10416.4149 million and down 4.31%. The total trade deficit was 306.5665 million and down 127.51%.

If considering by country (region), BRAZIL, CHINA, UNITED STATES, CHILE, INDIA were ARGENTINA's top five trading partners. During the current year until 202302, ARGENTINA's imports and exports to five countries/territories were 3944.6255 million, 2866.0612 million, 2126.3805 million, 806.3152 million, 648.9128 million. These values correspond to 19.22%, 13.96%, 10.36%, 3.93%, 3.16% of ARGENTINA's imports and exports, and, respectively, were up 12.36%, down 18.91%, up 30.14%, down 14.30%, down 18.80% comparing to the same period of last year.

Current year until 202302, ARGENTINA and the top five trade partners BRAZIL, UNITED STATES, CHINA, CHILE, PERU are the top five countries/territories that ARGENTINA exports to in terms of the total export amount. During the current year until 202302, ARGENTINA's exports to these five countries/territories were 1599.9966 million, 911.4369 million, 800.8745 million, 695.3957 million, 506.2883 million. These values correspond to 15.83%, 9.02%, 7.92%, 6.88%, 5.01% of ARGENTINA's exports and, respectively, were up 9.33%, up 12.28%, up 5.90%, down 14.78%, up 42.39% comparing with the same period of last year.

Current year until 202302, ARGENTINA's exports to top five countries/territories BRAZIL, CHINA, UNITED STATES, GERMANY, PARAGUAY are the top five countries/territories that ARGENTINA imports from in terms of the total export amount. During the current year until 202302, ARGENTINA's imports from these five countries/territories were 2344.6289 million, 2065.1867 million, 1214.9436 million, 448.0974 million, 299.1830 million. These values correspond to 22.51%, 19.83%, 11.66%, 4.30%, 2.87% of ARGENTINA's total imports and, respectively, were up 14.52%, down 25.66%, up 47.79%, up 11.34%, up 105.02% comparing with the same period of last year.

During the current year until 202302, the trade surplus of ARGENTINA was mainly from CHILE, PERU, INDONESIA, COLOMBIA, INDIA at 584.4761 million, 475.6174 million, 241.4944 million, 217.2244 million, 170.4881 million, and down 15.44%, up 50.35%, down 38.75%, up 117.17%, down 20.14%. And the trade deficits were mainly from CHINA, BRAZIL, GERMANY, UNITED STATES, THAILAND at 1264.3122 million, 744.6323 million, 326.6379 million, 303.5067 million, 218.1731 million, and down 37.46%, up 27.52%, up 14.57%, up 2844.60%, down 2.53%.

Current year until 202302, ARGENTINA's trade surplus or deficit with top five countries/territories During the current year until 202302,  commodities with hs2 codes, 27, 87, 99, 84, 10, were ARGENTINA's top five traded commodities. They correspond to the import and export values of 2236.3174 million, 1946.3785 million, 1818.3898 million, 1782.4789 million, 1348.9257 million, which were up 11.60%, up 16.63%, down 12.20%, down 7.63%, down 49.53% comparing with the same period of last year and account for 10.89%, 9.48%, 8.86%, 8.68%, 6.57% of ARGENTINA's total imports and exports.

During the current year until 202302, 99, 10, 27, 87, 15 were ARGENTINA's top five traded commodities, with total import and export values of 1692.7284 million, 1346.4406 million, 938.2586 million, 865.7368 million, 865.7041 million. These values correspond to 16.74%, 13.32%, 9.28%, 8.56%, 8.56% of ARGENTINA's total exports and, respectively, were down 13.31%, down 49.58%, up 26.26%, up 34.86%, up 13.97% comparing to the same period of last year.

During the current year until 202302, 84, 27, 85, 87, 29 were ARGENTINA's top five traded commodities, with total import values of 1580.0065 million, 1298.0588 million, 1156.4457 million, 1080.6418 million, 514.2334 million. These values correspond to 15.17%, 12.46%, 11.10%, 10.37%, 4.94% of ARGENTINA's total exports and, respectively, were down 10.16%, up 2.96%, down 5.09%, up 5.23%, down 14.37% comparing to the same period of last year.

2. Current year until 202302, ARGENTINA binational trade profile

According to Dalian Infobank, during the current year until 202302, ARGENTINA-China binational exports and imports of goods amounted to 2866.0612 million and were down 18.91% comparing with the same period of last year. Among these, exports from ARGENTINA to China were 800.8745 million and up 5.90%, imports from China to ARGENTINA were 2065.1867 million and down 25.66%. The total binational trade deficit was 1264.3122 million and down 37.46%.

During the urrent year until 202302, commodities with hs2 code, 85, 84, 10, 02, 29, were binational trade's top five traded commodities. They correspond to import and export values of 535.8789 million, 501.4884 million, 295.3777 million, 287.2751 million, 192.3368 million and makes up 18.70%, 17.50%, 10.31%, 10.02%, 6.71% of the total binational imports and exports. These values were also down 16.28%, down 30.17%, down 1.58%, down 13.67%, down 37.44% comparing to the same period last year.

During the current year until 202302, 10, 02, 03, 28, 99 were the top five traded commodities exported to China from ARGENTINA, with export values of 295.3777 million, 287.2751 million, 55.2643 million, 41.1065 million, 39.2766 million. These values account for 36.88%, 35.87%, 6.90%, 5.13%, 4.90% of ARGENTINA's total exports and were down 1.58%, down 13.67%, up 187.62%, up 77.26%, up 140.58% comparing to the same period of last year.

During the current year until 202302, 85, 84, 29, 87, 39 were ARGENTINA's top five traded commodities importing from China , with import values of 535.8789 million, 501.3071 million, 189.4782 million, 106.0791 million, 91.3685 million. These values account for 25.95%, 24.27%, 9.17%, 5.14%, 4.42% of ARGENTINA's total imports and were down 16.28%, down 30.13%, down 37.91%, down 29.09%, down 15.61% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: INDEC