1. Overview the trade of ARGENTINA in goods current year until 202205
According to Dalian Infobank, in 202205, ARGENTINA's exports and imports of goods amounted to 16005.8825 million, and were up 33.90% comparing with the same period of last year. Among these, exports were up 19.42% at 8135.7665 million, and imports were up 53.09% at 7870.1160 million. And the corresponding trade surplus was 265.6505 million and down 84.11%.
During the current year until 202205, ARGENTINA's total exports and imports of goods were 68548.9103 million and were up 34.27% comparing to the same period of last year. Among these, exports were 35827.2236 million and up 26.32%; imports were 32721.6868 million and up 44.21%. The total trade surplus was 3105.5368 million and down 45.25%.
If considering by country (region), BRAZIL, CHINA, UNITED STATES, INDIA, CHILE were ARGENTINA's top five trading partners. During the current year until 202205, ARGENTINA's imports and exports to five countries/territories were 10808.3504 million, 9243.5648 million, 6251.7591 million, 2797.7333 million, 2568.4938 million. These values correspond to 15.77%, 13.48%, 9.12%, 4.08%, 3.75% of ARGENTINA's imports and exports, and, respectively, were up 24.24%, up 35.82%, up 80.08%, up 35.89%, up 53.31% comparing to the same period of last year.
Current year until 202205, ARGENTINA and the top five trade partners BRAZIL, UNITED STATES, CHILE, CHINA, INDIA are the top five countries/territories that ARGENTINA exports to in terms of the total export amount. During the current year until 202205, ARGENTINA's exports to these five countries/territories were 4585.1663 million, 2606.3184 million, 2218.0411 million, 2163.2162 million, 2087.7407 million. These values correspond to 12.80%, 7.27%, 6.19%, 6.04%, 5.83% of ARGENTINA's exports and, respectively, were up 15.13%, up 61.33%, up 55.62%, up 0.05%, up 34.24% comparing with the same period of last year.
Current year until 202205, 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 202205, ARGENTINA's imports from these five countries/territories were 7080.3486 million, 6223.1841 million, 3645.4407 million, 1143.3072 million, 973.1350 million. These values correspond to 21.64%, 19.02%, 11.14%, 3.49%, 2.97% of ARGENTINA's total imports and, respectively, were up 52.47%, up 31.93%, up 96.41%, up 19.47%, down 28.37% comparing with the same period of last year.
During the current year until 202205, the trade surplus of ARGENTINA was mainly from CHILE, NETHERLANDS, INDIA, PERU, INDONESIA at 1867.5885 million, 1383.3151 million, 1377.7482 million, 906.7830 million, 900.3040 million, and up 58.91%, up 110.23%, up 31.01%, up 54.72%, up 20.72%. And the trade deficits were mainly from CHINA, BRAZIL, UNITED STATES, GERMANY, THAILAND at 4917.1324 million, 1638.0177 million, 1039.1224 million, 802.2179 million, 587.8875 million, and up 98.14%, up 122.96%, up 332.04%, up 14.64%, up 60.55%.
Current year until 202205, ARGENTINA's trade surplus or deficit with top five countries/territories During the current year until 202205, commodities with hs2 codes, 10, 27, 99, 87, 84, were ARGENTINA's top five traded commodities. They correspond to the import and export values of 7347.6976 million, 6767.0949 million, 5740.1933 million, 5418.3992 million, 5237.8983 million, which were up 65.69%, up 169.74%, up 24.68%, up 17.49%, up 33.77% comparing with the same period of last year and account for 10.72%, 9.87%, 8.37%, 7.90%, 7.64% of ARGENTINA's total imports and exports.
During the current year until 202205, 10, 99, 23, 15, 87 were ARGENTINA's top five traded commodities, with total import and export values of 7344.2763 million, 5382.3602 million, 3917.0900 million, 3396.7822 million, 2390.0760 million. These values correspond to 20.50%, 15.02%, 10.93%, 9.48%, 6.67% of ARGENTINA's total exports and, respectively, were up 65.79%, up 23.28%, down 3.57%, up 21.61%, up 17.61% comparing to the same period of last year.
During the current year until 202205, 84, 27, 85, 87, 29 were ARGENTINA's top five traded commodities, with total import values of 4751.6357 million, 4655.9512 million, 3570.9702 million, 3028.3232 million, 1714.7368 million. These values correspond to 14.52%, 14.23%, 10.91%, 9.25%, 5.24% of ARGENTINA's total exports and, respectively, were up 36.67%, up 213.03%, up 37.99%, up 17.40%, up 47.92% comparing to the same period of last year.
2. Current year until 202205, ARGENTINA binational trade profile
According to Dalian Infobank, during the current year until 202205, ARGENTINA-China binational exports and imports of goods amounted to 9243.5648 million and were up 35.82% comparing with the same period of last year. Among these, exports from ARGENTINA to China were 2163.2162 million and up 0.05%, imports from China to ARGENTINA were 7080.3486 million and up 52.47%. The total binational trade deficit was 4917.1324 million and up 98.14%.
During the urrent year until 202205, 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 1790.1747 million, 1784.7680 million, 973.6486 million, 812.8858 million, 688.4010 million and makes up 19.37%, 19.31%, 10.53%, 8.79%, 7.45% of the total binational imports and exports. These values were also up 57.02%, up 41.36%, up 23.74%, up 80.36%, up 71.68% comparing to the same period last year.
During the current year until 202205, 02, 10, 12, 28, 15 were the top five traded commodities exported to China from ARGENTINA, with export values of 973.6486 million, 688.4001 million, 87.9989 million, 83.6837 million, 68.2270 million. These values account for 45.01%, 31.82%, 4.07%, 3.87%, 3.15% of ARGENTINA's total exports and were up 23.74%, up 71.68%, down 75.73%, up 335.22%, down 78.15% comparing to the same period of last year.
During the current year until 202205, 84, 85, 29, 87, 39 were ARGENTINA's top five traded commodities importing from China , with import values of 1788.7692 million, 1784.7680 million, 808.1025 million, 370.1577 million, 255.5599 million. These values account for 25.26%, 25.21%, 11.41%, 5.23%, 3.61% of ARGENTINA's total imports and were up 57.40%, up 41.39%, up 80.40%, up 50.21%, up 52.58% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: INDEC