1. Overview the trade of ARGENTINA in goods current year until 202208
According to Dalian Infobank, in 202208, ARGENTINA's exports and imports of goods amounted to 15233.2741 million, and were up 9.97% comparing with the same period of last year. Among these, exports were down 8.68% at 7396.2504 million, and imports were up 36.21% at 7837.0237 million. And the corresponding trade deficit was 440.7733 million and down 118.79%.
During the current year until 202208, ARGENTINA's total exports and imports of goods were 117106.7799 million and were up 28.98% comparing to the same period of last year. Among these, exports were 59579.3670 million and up 17.46%; imports were 57527.4129 million and up 43.57%. The total trade surplus was 2051.9541 million and down 80.74%.
If considering by country (region), BRAZIL, CHINA, UNITED STATES, INDIA, CHILE were ARGENTINA's top five trading partners. During the current year until 202208, ARGENTINA's imports and exports to five countries/territories were 19060.5762 million, 15804.8480 million, 12344.9705 million, 4784.3660 million, 3876.5860 million. These values correspond to 16.28%, 13.50%, 10.54%, 4.09%, 3.31% of ARGENTINA's imports and exports, and, respectively, were up 26.36%, up 27.21%, up 78.29%, up 41.04%, up 34.66% comparing to the same period of last year.
Current year until 202208, ARGENTINA and the top five trade partners BRAZIL, UNITED STATES, CHINA, INDIA, CHILE are the top five countries/territories that ARGENTINA exports to in terms of the total export amount. During the current year until 202208, ARGENTINA's exports to these five countries/territories were 8123.4689 million, 4400.2261 million, 4074.5291 million, 3449.4890 million, 3335.0191 million. These values correspond to 13.63%, 7.39%, 6.84%, 5.79%, 5.60% of ARGENTINA's exports and, respectively, were up 14.69%, up 41.79%, down 5.14%, up 37.30%, up 35.67% comparing with the same period of last year.
Current year until 202208, ARGENTINA's exports to top five countries/territories CHINA, BRAZIL, UNITED STATES, GERMANY, BOLIVIA are the top five countries/territories that ARGENTINA imports from in terms of the total export amount. During the current year until 202208, ARGENTINA's imports from these five countries/territories were 11730.3190 million, 10937.1072 million, 7944.7444 million, 1861.4797 million, 1566.1215 million. These values correspond to 20.39%, 19.01%, 13.81%, 3.24%, 2.72% of ARGENTINA's total imports and, respectively, were up 44.30%, up 36.70%, up 107.95%, up 12.93%, up 114.10% comparing with the same period of last year.
During the current year until 202208, the trade surplus of ARGENTINA was mainly from CHILE, INDIA, NETHERLANDS, PERU, VIETNAM at 2793.4521 million, 2114.6120 million, 1916.5714 million, 1392.0662 million, 1341.5951 million, and up 37.10%, up 29.52%, up 17.17%, up 23.28%, down 3.58%. And the trade deficits were mainly from CHINA, UNITED STATES, BRAZIL, GERMANY, BOLIVIA at 7655.7899 million, 3544.5183 million, 2813.6383 million, 1281.9796 million, 1205.8280 million, and up 99.71%, up 394.21%, up 206.61%, up 9.58%, up 234.07%.
Current year until 202208, ARGENTINA's trade surplus or deficit with top five countries/territories During the current year until 202208, commodities with hs2 codes, 27, 10, 99, 87, 84, were ARGENTINA's top five traded commodities. They correspond to the import and export values of 13746.5314 million, 11519.0951 million, 9686.4568 million, 9595.1968 million, 8679.7641 million, which were up 142.45%, up 36.38%, up 27.58%, up 20.52%, up 31.94% comparing with the same period of last year and account for 11.74%, 9.84%, 8.27%, 8.19%, 7.41% of ARGENTINA's total imports and exports.
During the current year until 202208, 10, 99, 23, 15, 87 were ARGENTINA's top five traded commodities, with total import and export values of 11509.0973 million, 9058.8455 million, 6620.5976 million, 5676.9814 million, 4420.8911 million. These values correspond to 19.32%, 15.20%, 11.11%, 9.53%, 7.42% of ARGENTINA's total exports and, respectively, were up 36.45%, up 26.32%, up 0.81%, up 17.61%, up 17.66% comparing to the same period of last year.
During the current year until 202208, 27, 84, 85, 87, 29 were ARGENTINA's top five traded commodities, with total import values of 10392.0819 million, 7831.7008 million, 5797.2875 million, 5174.3057 million, 3070.1245 million. These values correspond to 18.06%, 13.61%, 10.08%, 8.99%, 5.34% of ARGENTINA's total exports and, respectively, were up 176.58%, up 34.16%, up 37.34%, up 23.08%, up 45.70% comparing to the same period of last year.
2. Current year until 202208, ARGENTINA binational trade profile
According to Dalian Infobank, during the current year until 202208, ARGENTINA-China binational exports and imports of goods amounted to 15804.8480 million and were up 27.21% comparing with the same period of last year. Among these, exports from ARGENTINA to China were 4074.5291 million and down 5.14%, imports from China to ARGENTINA were 11730.3190 million and up 44.30%. The total binational trade deficit was 7655.7899 million and up 99.71%.
During the urrent year until 202208, commodities with hs2 code, 85, 84, 02, 29, 10, were binational trade's top five traded commodities. They correspond to import and export values of 2969.6065 million, 2783.6317 million, 1725.6027 million, 1500.3549 million, 973.5598 million and makes up 18.79%, 17.61%, 10.92%, 9.49%, 6.16% of the total binational imports and exports. These values were also up 45.32%, up 43.31%, up 44.93%, up 68.90%, up 39.07% comparing to the same period last year.
During the current year until 202208, 02, 10, 12, 28, 03 were the top five traded commodities exported to China from ARGENTINA, with export values of 1725.6027 million, 973.5589 million, 606.2379 million, 171.6355 million, 133.3056 million. These values account for 42.35%, 23.89%, 14.88%, 4.21%, 3.27% of ARGENTINA's total exports and were up 44.93%, up 39.07%, down 58.30%, up 398.75%, up 1.44% comparing to the same period of last year.
During the current year until 202208, 85, 84, 29, 87, 39 were ARGENTINA's top five traded commodities importing from China , with import values of 2969.6065 million, 2781.3349 million, 1491.2287 million, 585.2456 million, 422.4728 million. These values account for 25.32%, 23.71%, 12.71%, 4.99%, 3.60% of ARGENTINA's total imports and were up 45.35%, up 43.55%, up 69.12%, up 45.89%, up 44.53% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: INDEC