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Monitor Report of ARGENTINA trade and ARGENTINA-China binational trade in 202201

 1.  Overview the trade of ARGENTINA in goods current year until 202201

According to Dalian Infobank, in 202201ARGENTINA's exports and imports of goods amounted to 10567.3993 million, and were up 20.69% comparing with the same period of last year. Among these, exports were up 8.23% at 5316.0771 million, and imports were up 36.63% at 5251.3223 million. And the corresponding trade surplus was 64.7548 million and down 93.94%.

During the current year until 202201, ARGENTINA's total exports and imports of goods were 10567.3993 million and were up 20.69% comparing to the same period of last year. Among these, exports were 5316.0771 million and up 8.23%; imports were 5251.3223 million and up 36.63%. The total trade surplus was 64.7548 million and down 93.94%.

If considering by country (region), CHINA, BRAZIL, UNITED STATES, NETHERLANDS, CHILE were ARGENTINA's top five trading partners. During the current year until 202201, ARGENTINA's imports and exports to five countries/territories were 1858.2156 million, 1677.1920 million, 599.3225 million, 402.1879 million, 392.4101 million. These values correspond to 17.58%, 15.87%, 5.67%, 3.81%, 3.71% of ARGENTINA's imports and exports, and, respectively, were up 61.85%, up 6.65%, down 2.74%, up 85.96%, up 39.69% comparing to the same period of last year.

Current year until 202201, ARGENTINA and the top five trade partners BRAZIL, CHINA, CHILE, NETHERLANDS, INDIA are the top five countries/territories that ARGENTINA exports to in terms of the total export amount. During the current year until 202201, ARGENTINA's exports to these five countries/territories were 672.2354 million, 350.8756 million, 339.0169 million, 335.8697 million, 250.9665 million. These values correspond to 12.65%, 6.60%, 6.38%, 6.32%, 4.72% of ARGENTINA's exports and, respectively, were down 17.64%, up 26.23%, up 43.41%, up 112.02%, down 38.43% comparing with the same period of last year.

Current year until 202201, ARGENTINA's exports to top five countries/territories CHINA, BRAZIL, UNITED STATES, GERMANY, THAILAND are the top five countries/territories that ARGENTINA imports from in terms of the total export amount. During the current year until 202201, ARGENTINA's imports from these five countries/territories were 1507.3400 million, 1004.9566 million, 360.4991 million, 194.3807 million, 147.2139 million. These values correspond to 28.70%, 19.14%, 6.86%, 3.70%, 2.80% of ARGENTINA's total imports and, respectively, were up 73.23%, up 32.86%, up 4.18%, up 7.75%, up 76.05% comparing with the same period of last year.

During the current year until 202201, the trade surplus of ARGENTINA was mainly from CHILE, NETHERLANDS, INDONESIA, ALGERIA, PERU at 285.6236 million, 269.5514 million, 160.9097 million, 160.4520 million, 130.0488 million, and up 48.85%, up 168.08%, up 10.26%, up 107.47%, up 72.32%. And the trade deficits were mainly from CHINA, BRAZIL, GERMANY, THAILAND, UNITED STATES at 1156.4645 million, 332.7213 million, 130.4325 million, 126.0306 million, 121.6757 million, and up 95.28%, down 656.38%, down 6.89%, up 807.84%, up 60.40%.

Current year until 202201, ARGENTINA's trade surplus or deficit with top five countries/territories During the current year until 202201,  commodities with hs2 codes, 10, 84, 99, 87, 85, were ARGENTINA's top five traded commodities. They correspond to the import and export values of 1336.5040 million, 995.9690 million, 906.1027 million, 711.2693 million, 616.2216 million, which were up 100.76%, up 39.92%, up 19.38%, up 0.28%, up 26.10% comparing with the same period of last year and account for 12.65%, 9.42%, 8.57%, 6.73%, 5.83% of ARGENTINA's total imports and exports.

During the current year until 202201, 10, 99, 15, 23, 38 were ARGENTINA's top five traded commodities, with total import and export values of 1334.6964 million, 845.9537 million, 426.1202 million, 417.0614 million, 289.7807 million. These values correspond to 25.11%, 15.91%, 8.02%, 7.85%, 5.45% of ARGENTINA's total exports and, respectively, were up 100.57%, up 16.99%, down 26.61%, down 48.91%, up 179.41% comparing to the same period of last year.

During the current year until 202201, 84, 85, 87, 27, 29 were ARGENTINA's top five traded commodities, with total import values of 912.2054 million, 602.4425 million, 489.7609 million, 354.8276 million, 317.0643 million. These values correspond to 17.37%, 11.47%, 9.33%, 6.76%, 6.04% of ARGENTINA's total exports and, respectively, were up 43.06%, up 25.79%, up 12.91%, up 36.35%, up 55.93% comparing to the same period of last year.


2. Current year until 202201, ARGENTINA binational trade profile

According to Dalian Infobank, during the current year until 202201, ARGENTINA-China binational exports and imports of goods amounted to 1858.2156 million and were up 61.85% comparing with the same period of last year. Among these, exports from ARGENTINA to China were 350.8756 million and up 26.23%, imports from China to ARGENTINA were 1507.3400 million and up 73.23%. The total binational trade deficit was 1156.4645 million and up 95.28%.

During the urrent year until 202201, commodities with hs2 code, 84, 85, 29, 10, 02, were binational trade's top five traded commodities. They correspond to import and export values of 405.2198 million, 321.9902 million, 167.4685 million, 151.9258 million, 144.0679 million and makes up 21.81%, 17.33%, 9.01%, 8.18%, 7.75% of the total binational imports and exports. These values were also up 87.88%, up 30.30%, up 128.25%, up 189.05%, up 4.11% comparing to the same period last year.

During the current year until 202201, 10, 02, 03, 28, 41 were the top five traded commodities exported to China from ARGENTINA, with export values of 151.9258 million, 144.0679 million, 9.6922 million, 8.4512 million, 8.1871 million. These values account for 43.30%, 41.06%, 2.76%, 2.41%, 2.33% of ARGENTINA's total exports and were up 189.05%, up 4.11%, down 15.77%, up 309.37%, down 11.82% comparing to the same period of last year.

During the current year until 202201, 84, 85, 29, 87, 39 were ARGENTINA's top five traded commodities importing from China , with import values of 404.8586 million, 321.9902 million, 166.0716 million, 82.9975 million, 59.3535 million. These values account for 26.86%, 21.36%, 11.02%, 5.51%, 3.94% of ARGENTINA's total imports and were up 87.89%, up 30.30%, up 128.71%, up 72.61%, up 75.14% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: INDEC