1.  Overview the trade of ARGENTINA in goods current year until 202203

According to Dalian Infobank, in 202203, ARGENTINA's exports and imports of goods amounted to 14321.7850 million, and were up 29.72% comparing with the same period of last year. Among these, exports were up 26.74% at 7249.2527 million, and imports were up 32.94% at 7072.5323 million. And the corresponding trade surplus was 176.7205 million and down 55.80%.

During the current year until 202203, ARGENTINA's total exports and imports of goods were 37207.7319 million and were up 31.55% comparing to the same period of last year. Among these, exports were 19249.4810 million and up 24.94%; imports were 17958.2509 million and up 39.47%. The total trade surplus was 1291.2301 million and down 48.98%.

If considering by country (region), BRAZIL, CHINA, UNITED STATES, CHILE, INDIA were ARGENTINA's top five trading partners. During the current year until 202203, ARGENTINA's imports and exports to five countries/territories were 5873.3081 million, 5621.6169 million, 2893.2957 million, 1466.1278 million, 1313.8217 million. These values correspond to 15.79%, 15.11%, 7.78%, 3.94%, 3.53% of ARGENTINA's imports and exports, and, respectively, were up 14.22%, up 48.65%, up 53.65%, up 64.84%, up 16.46% comparing to the same period of last year.

Current year until 202203, ARGENTINA and the top five trade partners BRAZIL, UNITED STATES, CHILE, CHINA, NETHERLANDS are the top five countries/territories that ARGENTINA exports to in terms of the total export amount. During the current year until 202203, ARGENTINA's exports to these five countries/territories were 2447.4404 million, 1421.6861 million, 1263.4490 million, 1222.2552 million, 1055.7130 million. These values correspond to 12.71%, 7.39%, 6.56%, 6.35%, 5.48% of ARGENTINA's exports and, respectively, were up 1.19%, up 63.73%, up 69.78%, up 30.09%, up 84.51% comparing with the same period of last year.

Current year until 202203, ARGENTINA's exports to top five countries/territories CHINA, BRAZIL, 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 202203, ARGENTINA's imports from these five countries/territories were 4399.3616 million, 3425.8677 million, 1471.6096 million, 620.7184 million, 465.3392 million. These values correspond to 24.50%, 19.08%, 8.19%, 3.46%, 2.59% of ARGENTINA's total imports and, respectively, were up 54.78%, up 25.79%, up 45.02%, up 8.07%, down 25.81% comparing with the same period of last year.

During the current year until 202203, the trade surplus of ARGENTINA was mainly from CHILE, NETHERLANDS, INDONESIA, PERU, INDIA at 1060.7703 million, 800.8163 million, 573.7945 million, 553.8986 million, 491.8684 million, and up 77.11%, up 101.07%, up 36.82%, up 77.03%, down 25.74%. And the trade deficits were mainly from CHINA, BRAZIL, GERMANY, THAILAND, PARAGUAY at 3177.1064 million, 978.4272 million, 438.9761 million, 366.2534 million, 192.8557 million, and up 66.97%, up 221.04%, up 1.28%, up 122.31%, down 49.20%.

Current year until 202203, ARGENTINA's trade surplus or deficit with top five countries/territories During the current year until 202203,  commodities with hs2 codes, 10, 27, 99, 84, 87, were ARGENTINA's top five traded commodities. They correspond to the import and export values of 4178.2917 million, 3429.3983 million, 3198.9967 million, 3130.1295 million, 2891.2520 million, which were up 85.21%, up 147.37%, up 19.26%, up 35.65%, up 8.49% comparing with the same period of last year and account for 11.23%, 9.22%, 8.60%, 8.41%, 7.77% of ARGENTINA's total imports and exports.

During the current year until 202203, 10, 99, 23, 15, 27 were ARGENTINA's top five traded commodities, with total import and export values of 4175.6943 million, 3007.1376 million, 1852.5852 million, 1350.8408 million, 1268.4977 million. These values correspond to 21.69%, 15.62%, 9.62%, 7.02%, 6.59% of ARGENTINA's total exports and, respectively, were up 85.38%, up 17.71%, down 16.98%, down 4.81%, up 91.12% comparing to the same period of last year.

During the current year until 202203, 84, 27, 85, 87, 29 were ARGENTINA's top five traded commodities, with total import values of 2856.0959 million, 2160.9006 million, 1962.3973 million, 1692.7145 million, 1010.0315 million. These values correspond to 15.90%, 12.03%, 10.93%, 9.43%, 5.62% of ARGENTINA's total exports and, respectively, were up 38.78%, up 199.04%, up 27.13%, up 13.52%, up 52.02% comparing to the same period of last year.

2. Current year until 202203, ARGENTINA binational trade profile

According to Dalian Infobank, during the current year until 202203, ARGENTINA-China binational exports and imports of goods amounted to 5621.6169 million and were up 48.65% comparing with the same period of last year. Among these, exports from ARGENTINA to China were 1222.2552 million and up 30.09%, imports from China to ARGENTINA were 4399.3616 million and up 54.78%. The total binational trade deficit was 3177.1064 million and up 66.97%.

During the urrent year until 202203, 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 1138.7192 million, 1025.6368 million, 534.4893 million, 478.5724 million, 471.7609 million and makes up 20.26%, 18.24%, 9.51%, 8.51%, 8.39% of the total binational imports and exports. These values were also up 60.58%, up 30.29%, up 27.71%, up 92.80%, up 103.34% comparing to the same period last year.

During the current year until 202203, 02, 10, 28, 03, 99 were the top five traded commodities exported to China from ARGENTINA, with export values of 534.4893 million, 471.7600 million, 41.6222 million, 38.1482 million, 28.4443 million. These values account for 43.73%, 38.60%, 3.41%, 3.12%, 2.33% of ARGENTINA's total exports and were up 27.71%, up 103.34%, up 327.08%, down 5.88%, up 6.35% comparing to the same period of last year.

During the current year until 202203, 84, 85, 29, 87, 39 were ARGENTINA's top five traded commodities importing from China , with import values of 1137.8273 million, 1025.6368 million, 474.0646 million, 246.9257 million, 167.7329 million. These values account for 25.86%, 23.31%, 10.78%, 5.61%, 3.81% of ARGENTINA's total imports and were up 60.91%, up 30.32%, up 91.96%, up 65.56%, up 55.19% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: INDEC