1. Overview the trade of ARGENTINA in goods current year until 202108
According to Dalian Infobank, in 202108, ARGENTINA's exports and imports of goods amounted to 13751.3955 million, and were up 62.49% comparing with the same period of last year. Among these, exports were up 61.42% at 7997.7516 million, and imports were up 64.00% at 5753.6440 million. And the corresponding trade surplus was 2244.1076 million and up 55.15%.
During the current year until 202108, ARGENTINA's total exports and imports of goods were 90690.2680 million and were up 42.51% comparing to the same period of last year. Among these, exports were 50622.1998 million and up 35.21%; imports were 40068.0682 million and up 52.93%. The total trade surplus was 10554.1317 million and down 6.10%.
If considering by country (region), BRAZIL, CHINA, UNITED STATES, INDIA, PARAGUAY were ARGENTINA's top five trading partners. During the current year until 202108, ARGENTINA's imports and exports to five countries/territories were 15077.8008 million, 12420.2318 million, 6901.8914 million, 3391.5196 million, 3027.0305 million. These values correspond to 16.63%, 13.70%, 7.61%, 3.74%, 3.34% of ARGENTINA's imports and exports, and, respectively, were up 52.57%, up 38.69%, up 35.94%, up 55.36%, up 44.47% comparing to the same period of last year.
Current year until 202108, 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 202108, ARGENTINA's exports to these five countries/territories were 7076.9682 million, 4291.2946 million, 3081.3049 million, 2511.7078 million, 2448.2344 million. These values correspond to 13.98%, 8.48%, 6.09%, 4.96%, 4.84% of ARGENTINA's exports and, respectively, were up 49.80%, up 9.74%, up 36.88%, up 50.32%, up 27.20% comparing with the same period of last year.
Current year until 202108, 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 202108, ARGENTINA's imports from these five countries/territories were 8128.9373 million, 8000.8327 million, 3820.5864 million, 2229.1903 million, 1648.3127 million. These values correspond to 20.29%, 19.97%, 9.54%, 5.56%, 4.11% of ARGENTINA's total imports and, respectively, were up 61.12%, up 55.11%, up 35.20%, up 42.96%, up 28.08% comparing with the same period of last year.
During the current year until 202108, the trade surplus of ARGENTINA was mainly from CHILE, INDIA, NETHERLANDS, VIETNAM, EGYPT at 2027.5803 million, 1631.8960 million, 1629.2122 million, 1390.8175 million, 1131.5384 million, and up 25.79%, up 40.83%, up 84.09%, down 16.96%, up 20.50%. And the trade deficits were mainly from CHINA, PARAGUAY, GERMANY, BRAZIL, UNITED STATES at 3837.6427 million, 1431.3500 million, 1174.8662 million, 923.8645 million, 739.2815 million, and up 238.19%, up 39.86%, up 51.08%, up 112.89%, up 28.64%.
Current year until 202108, ARGENTINA's trade surplus or deficit with top five countries/territories During the current year until 202108, 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 8444.5517 million, 7960.3299 million, 7580.8409 million, 6612.7577 million, 6578.2907 million, which were up 24.63%, up 73.90%, up 44.85%, up 50.51%, up 54.79% comparing with the same period of last year and account for 9.31%, 8.78%, 8.36%, 7.29%, 7.25% of ARGENTINA's total imports and exports.
During the current year until 202108, 10, 99, 23, 15, 87 were ARGENTINA's top five traded commodities, with total import and export values of 8432.9301 million, 7159.7328 million, 6564.2153 million, 4822.4463 million, 3756.1553 million. These values correspond to 16.66%, 14.14%, 12.97%, 9.53%, 7.42% of ARGENTINA's total exports and, respectively, were up 24.73%, up 44.54%, up 50.91%, up 67.53%, up 92.91% comparing to the same period of last year.
During the current year until 202108, 84, 85, 87, 27, 12 were ARGENTINA's top five traded commodities, with total import values of 5837.4767 million, 4220.9735 million, 4204.1746 million, 3757.2847 million, 2135.9136 million. These values correspond to 14.57%, 10.53%, 10.49%, 9.38%, 5.33% of ARGENTINA's total exports and, respectively, were up 57.67%, up 46.70%, up 59.82%, up 99.89%, up 45.39% comparing to the same period of last year.
2. Current year until 202108, ARGENTINA binational trade profile
According to Dalian Infobank, during the current year until 202108, ARGENTINA-China binational exports and imports of goods amounted to 12420.2318 million and were up 38.69% comparing with the same period of last year. Among these, exports from ARGENTINA to China were 4291.2946 million and up 9.74%, imports from China to ARGENTINA were 8128.9373 million and up 61.12%. The total binational trade deficit was 3837.6427 million and up 238.19%.
During the urrent year until 202108, commodities with hs2 code, 85, 84, 12, 02, 29, were binational trade's top five traded commodities. They correspond to import and export values of 2043.4667 million, 1942.3961 million, 1458.2623 million, 1186.8634 million, 888.3123 million and makes up 16.45%, 15.64%, 11.74%, 9.56%, 7.15% of the total binational imports and exports. These values were also up 54.80%, up 87.41%, down 18.49%, down 3.17%, up 26.12% comparing to the same period last year.
During the current year until 202108, 12, 02, 10, 15, 03 were the top five traded commodities exported to China from ARGENTINA, with export values of 1453.9244 million, 1186.8634 million, 700.0461 million, 418.9217 million, 131.4140 million. These values account for 33.88%, 27.66%, 16.31%, 9.76%, 3.06% of ARGENTINA's total exports and were down 18.54%, down 3.17%, up 1047.02%, up 117.01%, down 56.62% comparing to the same period of last year.
During the current year until 202108, 85, 84, 29, 87, 30 were ARGENTINA's top five traded commodities importing from China , with import values of 2043.0853 million, 1937.5690 million, 881.7837 million, 401.1420 million, 315.6831 million. These values account for 25.13%, 23.84%, 10.85%, 4.93%, 3.88% of ARGENTINA's total imports and were up 54.77%, up 87.38%, up 26.05%, up 125.60%, up 799.99% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: INDEC