1. Overview the trade of ARGENTINA in goods current year until 202210
According to Dalian Infobank, in 202210, ARGENTINA's exports and imports of goods amounted to 13832.0640 million, and were up 14.22% comparing with the same period of last year. Among these, exports were up 13.05% at 7758.1897 million, and imports were up 15.75% at 6073.8743 million. And the corresponding trade surplus was 1684.3154 million and up 4.27%.
During the current year until 202210, ARGENTINA's total exports and imports of goods were 145739.1139 million and were up 25.25% comparing to the same period of last year. Among these, exports were 75000.7828 million and up 15.11%; imports were 70738.3311 million and up 38.16%. The total trade surplus was 4262.4516 million and down 69.46%.
If considering by country (region), BRAZIL, CHINA, UNITED STATES, INDIA, CHILE were ARGENTINA's top five trading partners. During the current year until 202210, ARGENTINA's imports and exports to five countries/territories were 24203.6262 million, 21578.2374 million, 14913.2002 million, 5451.5214 million, 4813.5975 million. These values correspond to 16.61%, 14.81%, 10.23%, 3.74%, 3.30% of ARGENTINA's imports and exports, and, respectively, were up 23.59%, up 32.09%, up 70.94%, up 20.83%, up 24.96% comparing to the same period of last year.
Current year until 202210, ARGENTINA and the top five trade partners BRAZIL, CHINA, UNITED STATES, CHILE, INDIA are the top five countries/territories that ARGENTINA exports to in terms of the total export amount. During the current year until 202210, ARGENTINA's exports to these five countries/territories were 10440.9319 million, 6731.6798 million, 5752.1539 million, 4147.2673 million, 3796.6452 million. These values correspond to 13.92%, 8.98%, 7.67%, 5.53%, 5.06% of ARGENTINA's exports and, respectively, were up 9.94%, up 22.38%, up 45.39%, up 25.65%, up 13.44% comparing with the same period of last year.
Current year until 202210, 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 202210, ARGENTINA's imports from these five countries/territories were 14846.5576 million, 13762.6944 million, 9161.0463 million, 2344.7381 million, 2014.3934 million. These values correspond to 20.99%, 19.46%, 12.95%, 3.31%, 2.85% of ARGENTINA's total imports and, respectively, were up 37.02%, up 36.43%, up 92.13%, up 10.98%, up 129.01% comparing with the same period of last year.
During the current year until 202210, the trade surplus of ARGENTINA was mainly from CHILE, INDIA, NETHERLANDS, PERU, VIETNAM at 3480.9371 million, 2141.7690 million, 2135.3630 million, 1742.8348 million, 1665.3760 million, and up 26.62%, down 1.83%, up 0.45%, up 17.96%, down 5.74%. And the trade deficits were mainly from CHINA, UNITED STATES, BRAZIL, GERMANY, BOLIVIA at 8114.8778 million, 3408.8924 million, 3321.7625 million, 1598.7667 million, 1559.4421 million, and up 52.10%, up 319.93%, up 461.89%, up 8.05%, up 278.63%.
Current year until 202210, ARGENTINA's trade surplus or deficit with top five countries/territories During the current year until 202210, commodities with hs2 codes, 27, 10, 87, 99, 84, were ARGENTINA's top five traded commodities. They correspond to the import and export values of 16611.6996 million, 13084.9791 million, 12716.8551 million, 11776.1249 million, 10993.3503 million, which were up 121.84%, up 20.96%, up 25.59%, up 24.25%, up 28.84% comparing with the same period of last year and account for 11.40%, 8.98%, 8.73%, 8.08%, 7.54% of ARGENTINA's total imports and exports.
During the current year until 202210, 10, 99, 23, 15, 87 were ARGENTINA's top five traded commodities, with total import and export values of 13060.7836 million, 10995.9244 million, 8015.6951 million, 6578.4162 million, 6076.1529 million. These values correspond to 17.41%, 14.66%, 10.69%, 8.77%, 8.10% of ARGENTINA's total exports and, respectively, were up 20.99%, up 23.09%, up 0.01%, up 6.72%, up 25.20% comparing to the same period of last year.
During the current year until 202210, 27, 84, 85, 87, 29 were ARGENTINA's top five traded commodities, with total import values of 11902.9003 million, 9878.5030 million, 7265.4060 million, 6640.7022 million, 3862.0829 million. These values correspond to 16.83%, 13.96%, 10.27%, 9.39%, 5.46% of ARGENTINA's total exports and, respectively, were up 159.01%, up 30.34%, up 35.28%, up 25.95%, up 40.38% comparing to the same period of last year.
2. Current year until 202210, ARGENTINA binational trade profile
According to Dalian Infobank, during the current year until 202210, ARGENTINA-China binational exports and imports of goods amounted to 21578.2374 million and were up 32.09% comparing with the same period of last year. Among these, exports from ARGENTINA to China were 6731.6798 million and up 22.38%, imports from China to ARGENTINA were 14846.5576 million and up 37.02%. The total binational trade deficit was 8114.8778 million and up 52.10%.
During the urrent year until 202210, commodities with hs2 code, 85, 84, 12, 02, 29, were binational trade's top five traded commodities. They correspond to import and export values of 3773.6098 million, 3465.3549 million, 2430.6136 million, 2133.4924 million, 1939.9062 million and makes up 17.49%, 16.06%, 11.26%, 9.89%, 8.99% of the total binational imports and exports. These values were also up 43.79%, up 33.37%, up 23.46%, up 39.31%, up 59.07% comparing to the same period last year.
During the current year until 202210, 12, 02, 10, 28, 15 were the top five traded commodities exported to China from ARGENTINA, with export values of 2424.3481 million, 2133.4924 million, 1046.7738 million, 228.0973 million, 196.2702 million. These values account for 36.01%, 31.69%, 15.55%, 3.39%, 2.92% of ARGENTINA's total exports and were up 23.49%, up 39.31%, up 20.13%, up 348.59%, down 54.30% comparing to the same period of last year.
During the current year until 202210, 85, 84, 29, 87, 39 were ARGENTINA's top five traded commodities importing from China , with import values of 3773.6098 million, 3462.4897 million, 1926.7228 million, 724.8747 million, 535.5794 million. These values account for 25.42%, 23.32%, 12.98%, 4.88%, 3.61% of ARGENTINA's total imports and were up 43.81%, up 33.53%, up 59.72%, up 40.67%, up 39.93% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: INDEC