1.  Overview the trade of ARGENTINA in goods current year until 202111

According to Dalian Infobank, in 202111, ARGENTINA's exports and imports of goods amounted to 11854.1799 million, and were up 37.60% comparing with the same period of last year. Among these, exports were up 35.26% at 6087.1438 million, and imports were up 40.15% at 5767.0362 million. And the corresponding trade surplus was 320.1076 million and down 17.00%.

During the current year until 202111, ARGENTINA's total exports and imports of goods were 128211.2284 million and were up 42.79% comparing to the same period of last year. Among these, exports were 71243.2080 million and up 38.77%; imports were 56968.0205 million and up 48.17%. The total trade surplus was 14275.1875 million and up 10.73%.

If considering by country (region), BRAZIL, CHINA, UNITED STATES, INDIA, CHILE were ARGENTINA's top five trading partners. During the current year until 202111, ARGENTINA's imports and exports to five countries/territories were 21885.9509 million, 17781.5971 million, 9565.4847 million, 5082.5843 million, 4348.2744 million. These values correspond to 17.07%, 13.87%, 7.46%, 3.96%, 3.39% of ARGENTINA's imports and exports, and, respectively, were up 46.58%, up 40.41%, up 36.25%, up 63.98%, up 37.69% comparing to the same period of last year.

Current year until 202111, 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 202111, ARGENTINA's exports to these five countries/territories were 10691.8485 million, 5792.4010 million, 4286.7596 million, 3801.5823 million, 3721.2494 million. These values correspond to 15.01%, 8.13%, 6.02%, 5.34%, 5.22% of ARGENTINA's exports and, respectively, were up 50.49%, up 16.01%, up 41.10%, up 61.55%, up 39.28% comparing with the same period of last year.

Current year until 202111, 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 202111, ARGENTINA's imports from these five countries/territories were 11989.1961 million, 11194.1024 million, 5278.7252 million, 2773.8444 million, 2341.6405 million. These values correspond to 21.05%, 19.65%, 9.27%, 4.87%, 4.11% of ARGENTINA's total imports and, respectively, were up 56.30%, up 43.03%, up 32.55%, up 31.17%, up 28.26% comparing with the same period of last year.

During the current year until 202111, the trade surplus of ARGENTINA was mainly from CHILE, INDIA, NETHERLANDS, VIETNAM, PERU at 3094.2244 million, 2520.5803 million, 2168.1201 million, 1834.7116 million, 1616.7083 million, and up 41.56%, up 56.86%, up 77.62%, down 12.22%, up 34.29%. And the trade deficits were mainly from CHINA, PARAGUAY, GERMANY, THAILAND, UNITED STATES at 6196.7951 million, 1605.4528 million, 1594.1014 million, 992.1442 million, 991.9656 million, and up 131.40%, up 21.33%, up 37.20%, up 94.66%, up 5.04%.

Current year until 202111, ARGENTINA's trade surplus or deficit with top five countries/territories During the current year until 202111,  commodities with hs2 codes, 10, 87, 99, 84, 23, were ARGENTINA's top five traded commodities. They correspond to the import and export values of 11606.6311 million, 11413.6875 million, 10609.7018 million, 9547.1081 million, 8629.5627 million, which were up 41.54%, up 57.16%, up 47.14%, up 47.59%, up 40.23% comparing with the same period of last year and account for 9.05%, 8.90%, 8.28%, 7.45%, 6.73% of ARGENTINA's total imports and exports.

During the current year until 202111, 10, 99, 23, 15, 87 were ARGENTINA's top five traded commodities, with total import and export values of 11573.3656 million, 10001.2498 million, 8558.0860 million, 6750.4693 million, 5565.1015 million. These values correspond to 16.24%, 14.04%, 12.01%, 9.48%, 7.81% of ARGENTINA's total exports and, respectively, were up 41.63%, up 47.19%, up 40.49%, up 61.88%, up 78.30% comparing to the same period of last year.

During the current year until 202111, 84, 85, 87, 27, 29 were ARGENTINA's top five traded commodities, with total import values of 8481.6443 million, 5968.9170 million, 5848.5859 million, 5106.4209 million, 3018.0034 million. These values correspond to 14.89%, 10.48%, 10.27%, 8.96%, 5.30% of ARGENTINA's total exports and, respectively, were up 50.05%, up 39.65%, up 41.24%, up 111.14%, up 28.25% comparing to the same period of last year.

2. Current year until 202111, ARGENTINA binational trade profile

According to Dalian Infobank, during the current year until 202111, ARGENTINA-China binational exports and imports of goods amounted to 17781.5971 million and were up 40.41% comparing with the same period of last year. Among these, exports from ARGENTINA to China were 5792.4010 million and up 16.01%, imports from China to ARGENTINA were 11989.1961 million and up 56.30%. The total binational trade deficit was 6196.7951 million and up 131.40%.

During the urrent year until 202111, commodities with hs2 code, 84, 85, 12, 02, 29, were binational trade's top five traded commodities. They correspond to import and export values of 2933.8575 million, 2906.5946 million, 1969.5154 million, 1692.1553 million, 1328.5981 million and makes up 16.50%, 16.35%, 11.08%, 9.52%, 7.47% of the total binational imports and exports. These values were also up 71.95%, up 45.72%, up 3.96%, down 5.60%, up 33.62% comparing to the same period last year.

During the current year until 202111, 12, 02, 10, 15, 03 were the top five traded commodities exported to China from ARGENTINA, with export values of 1963.8354 million, 1692.1553 million, 888.9484 million, 467.8426 million, 168.9004 million. These values account for 33.90%, 29.21%, 15.35%, 8.08%, 2.92% of ARGENTINA's total exports and were up 3.99%, down 5.60%, up 707.99%, up 35.15%, down 50.69% comparing to the same period of last year.

During the current year until 202111, 84, 85, 29, 87, 31 were ARGENTINA's top five traded commodities importing from China , with import values of 2928.2555 million, 2906.1995 million, 1312.6383 million, 579.5719 million, 475.0663 million. These values account for 24.42%, 24.24%, 10.95%, 4.83%, 3.96% of ARGENTINA's total imports and were up 71.98%, up 45.71%, up 32.85%, up 106.69%, up 232.79% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: INDEC