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Monitor Report of ARGENTINA trade and ARGENTINA-China binational trade in 202202

 1.  Overview the trade of ARGENTINA in goods current year until 202202

According to Dalian Infobank, in 202202ARGENTINA's exports and imports of goods amounted to 11967.6683 million, and were up 41.00% comparing with the same period of last year. Among these, exports were up 32.63% at 6333.2719 million, and imports were up 51.76% at 5634.3964 million. And the corresponding trade surplus was 698.8756 million and down 34.21%.

During the current year until 202202, ARGENTINA's total exports and imports of goods were 22766.8972 million and were up 32.03% comparing to the same period of last year. Among these, exports were 11881.1785 million and up 22.65%; imports were 10885.7186 million and up 44.06%. The total trade surplus was 995.4599 million and down 53.28%.

If considering by country (region), CHINA, BRAZIL, UNITED STATES, CHILE, NETHERLANDS were ARGENTINA's top five trading partners. During the current year until 202202, ARGENTINA's imports and exports to five countries/territories were 3529.8959 million, 3501.4403 million, 1620.6410 million, 899.5775 million, 881.6794 million. These values correspond to 15.50%, 15.38%, 7.12%, 3.95%, 3.87% of ARGENTINA's imports and exports, and, respectively, were up 56.42%, up 9.65%, up 35.83%, up 62.46%, up 93.83% comparing to the same period of last year.

Current year until 202202, ARGENTINA and the top five trade partners BRAZIL, UNITED STATES, CHILE, NETHERLANDS, CHINA are the top five countries/territories that ARGENTINA exports to in terms of the total export amount. During the current year until 202202, ARGENTINA's exports to these five countries/territories were 1454.0703 million, 798.5570 million, 774.7619 million, 757.3680 million, 751.9416 million. These values correspond to 12.24%, 6.72%, 6.52%, 6.37%, 6.33% of ARGENTINA's exports and, respectively, were down 8.56%, up 39.39%, up 66.35%, up 111.12%, up 43.92% comparing with the same period of last year.

Current year until 202202, ARGENTINA's exports to top five countries/territories CHINA, BRAZIL, UNITED STATES, GERMANY, INDIA are the top five countries/territories that ARGENTINA imports from in terms of the total export amount. During the current year until 202202, ARGENTINA's imports from these five countries/territories were 2777.9543 million, 2047.3700 million, 822.0839 million, 402.4419 million, 292.8145 million. These values correspond to 25.52%, 18.81%, 7.55%, 3.70%, 2.69% of ARGENTINA's total imports and, respectively, were up 60.19%, up 27.70%, up 32.54%, up 16.95%, up 106.41% comparing with the same period of last year.

During the current year until 202202, the trade surplus of ARGENTINA was mainly from CHILE, NETHERLANDS, INDONESIA, ALGERIA, PERU at 649.9462 million, 633.0567 million, 394.0677 million, 322.4822 million, 315.5251 million, and up 72.05%, up 141.07%, up 29.42%, up 79.60%, up 96.67%. And the trade deficits were mainly from CHINA, BRAZIL, GERMANY, THAILAND, MEXICO at 2026.0127 million, 593.2998 million, 288.5283 million, 223.9351 million, 126.1593 million, and up 67.20%, up 4406.79%, up 14.78%, up 150.64%, up 42.16%.

Current year until 202202, ARGENTINA's trade surplus or deficit with top five countries/territories During the current year until 202202,  commodities with hs2 codes, 10, 99, 27, 84, 87, were ARGENTINA's top five traded commodities. They correspond to the import and export values of 2667.8794 million, 2048.0409 million, 1967.2155 million, 1929.6089 million, 1668.5188 million, which were up 107.34%, up 18.11%, up 115.54%, up 37.31%, up 4.68% comparing with the same period of last year and account for 11.72%, 9.00%, 8.64%, 8.48%, 7.33% of ARGENTINA's total imports and exports.

During the current year until 202202, 10, 99, 23, 15, 27 were ARGENTINA's top five traded commodities, with total import and export values of 2665.9028 million, 1929.3922 million, 1156.8967 million, 754.3066 million, 706.4983 million. These values correspond to 22.44%, 16.24%, 9.74%, 6.35%, 5.95% of ARGENTINA's total exports and, respectively, were up 107.27%, up 16.38%, down 17.49%, down 21.74%, up 45.45% comparing to the same period of last year.

During the current year until 202202, 84, 27, 85, 87, 29 were ARGENTINA's top five traded commodities, with total import values of 1758.5963 million, 1260.7172 million, 1218.4809 million, 1026.9297 million, 600.5325 million. These values correspond to 16.16%, 11.58%, 11.19%, 9.43%, 5.52% of ARGENTINA's total exports and, respectively, were up 40.29%, up 195.29%, up 30.86%, up 11.46%, up 53.10% comparing to the same period of last year.


2. Current year until 202202, ARGENTINA binational trade profile

According to Dalian Infobank, during the current year until 202202, ARGENTINA-China binational exports and imports of goods amounted to 3529.8959 million and were up 56.42% comparing with the same period of last year. Among these, exports from ARGENTINA to China were 751.9416 million and up 43.92%, imports from China to ARGENTINA were 2777.9543 million and up 60.19%. The total binational trade deficit was 2026.0127 million and up 67.20%.

During the urrent year until 202202, commodities with hs2 code, 84, 85, 02, 29, 10, were binational trade's top five traded commodities. They correspond to import and export values of 718.1509 million, 640.0906 million, 329.3304 million, 307.4527 million, 300.1247 million and makes up 20.34%, 18.13%, 9.33%, 8.71%, 8.50% of the total binational imports and exports. These values were also up 63.98%, up 32.04%, up 24.07%, up 108.91%, up 153.57% comparing to the same period last year.

During the current year until 202202, 02, 10, 28, 03, 99 were the top five traded commodities exported to China from ARGENTINA, with export values of 329.3304 million, 300.1247 million, 22.6466 million, 19.2140 million, 16.1352 million. These values account for 43.80%, 39.91%, 3.01%, 2.56%, 2.15% of ARGENTINA's total exports and were up 24.07%, up 153.57%, up 439.82%, down 1.48%, down 19.19% comparing to the same period of last year.

During the current year until 202202, 84, 85, 29, 87, 39 were ARGENTINA's top five traded commodities importing from China , with import values of 717.4803 million, 640.0906 million, 305.1470 million, 149.5880 million, 108.2744 million. These values account for 25.83%, 23.04%, 10.98%, 5.38%, 3.90% of ARGENTINA's total imports and were up 64.05%, up 32.08%, up 109.13%, up 65.27%, up 56.36% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: INDEC