1. Overview the trade of ARGENTINA in goods current year until 202211
According to Dalian Infobank, in 202211, ARGENTINA's exports and imports of goods amounted to 12438.9576 million, and were up 4.02% comparing with the same period of last year. Among these, exports were up 8.05% at 6689.3410 million, and imports were down 0.30% at 5749.6166 million. And the corresponding trade surplus was 939.7244 million and up 121.55%.
During the current year until 202211, ARGENTINA's total exports and imports of goods were 158387.0028 million and were up 23.44% comparing to the same period of last year. Among these, exports were 81893.9129 million and up 14.78%; imports were 76493.0900 million and up 34.27%. The total trade surplus was 5400.8229 million and down 62.44%.
If considering by country (region), BRAZIL, CHINA, UNITED STATES, INDIA, CHILE were ARGENTINA's top five trading partners. During the current year until 202211, ARGENTINA's imports and exports to five countries/territories were 26419.2093 million, 23845.5278 million, 15822.8147 million, 5898.1752 million, 5266.5222 million. These values correspond to 16.68%, 15.06%, 9.99%, 3.72%, 3.33% of ARGENTINA's imports and exports, and, respectively, were up 20.70%, up 34.08%, up 65.11%, up 16.05%, up 20.11% comparing to the same period of last year.
Current year until 202211, 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 202211, ARGENTINA's exports to these five countries/territories were 11536.3702 million, 7538.0951 million, 6115.4565 million, 4555.6594 million, 4131.6390 million. These values correspond to 14.09%, 9.20%, 7.47%, 5.56%, 5.05% of ARGENTINA's exports and, respectively, were up 7.88%, up 30.08%, up 42.08%, up 21.24%, up 8.68% comparing with the same period of last year.
Current year until 202211, 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 202211, ARGENTINA's imports from these five countries/territories were 16307.4328 million, 14882.8391 million, 9707.3582 million, 2556.3575 million, 2113.6265 million. These values correspond to 21.32%, 19.46%, 12.69%, 3.34%, 2.76% of ARGENTINA's total imports and, respectively, were up 36.02%, up 32.95%, up 83.90%, up 9.17%, up 120.41% comparing with the same period of last year.
During the current year until 202211, the trade surplus of ARGENTINA was mainly from CHILE, NETHERLANDS, INDIA, PERU, VIETNAM at 3844.7965 million, 2479.0109 million, 2365.1029 million, 1953.0977 million, 1819.1207 million, and up 22.82%, up 14.22%, down 6.17%, up 20.75%, down 0.86%. And the trade deficits were mainly from CHINA, UNITED STATES, BRAZIL, GERMANY, BOLIVIA at 8769.3377 million, 3591.9017 million, 3346.4689 million, 1728.7461 million, 1612.4903 million, and up 41.58%, up 268.59%, up 568.54%, up 8.79%, up 261.32%.
Current year until 202211, ARGENTINA's trade surplus or deficit with top five countries/territories During the current year until 202211, commodities with hs2 codes, 27, 87, 10, 99, 84, were ARGENTINA's top five traded commodities. They correspond to the import and export values of 17578.4536 million, 14157.1968 million, 13681.0915 million, 12779.6829 million, 12099.5964 million, which were up 110.28%, up 24.01%, up 17.86%, up 20.33%, up 26.74% comparing with the same period of last year and account for 11.10%, 8.94%, 8.64%, 8.07%, 7.64% of ARGENTINA's total imports and exports.
During the current year until 202211, 10, 99, 23, 15, 87 were ARGENTINA's top five traded commodities, with total import and export values of 13639.2308 million, 11944.2736 million, 8956.1813 million, 7223.9917 million, 6852.6708 million. These values correspond to 16.65%, 14.59%, 10.94%, 8.82%, 8.37% of ARGENTINA's total exports and, respectively, were up 17.84%, up 19.30%, up 4.58%, up 6.97%, up 23.09% comparing to the same period of last year.
During the current year until 202211, 27, 84, 85, 87, 29 were ARGENTINA's top five traded commodities, with total import values of 12342.6239 million, 10859.1533 million, 8006.6581 million, 7304.5259 million, 4193.8266 million. These values correspond to 16.14%, 14.20%, 10.47%, 9.55%, 5.48% of ARGENTINA's total exports and, respectively, were up 141.71%, up 28.03%, up 34.14%, up 24.89%, up 38.96% comparing to the same period of last year.
2. Current year until 202211, ARGENTINA binational trade profile
According to Dalian Infobank, during the current year until 202211, ARGENTINA-China binational exports and imports of goods amounted to 23845.5278 million and were up 34.08% comparing with the same period of last year. Among these, exports from ARGENTINA to China were 7538.0951 million and up 30.08%, imports from China to ARGENTINA were 16307.4328 million and up 36.02%. The total binational trade deficit was 8769.3377 million and up 41.58%.
During the urrent year until 202211, 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 4212.6828 million, 3778.9009 million, 2899.1574 million, 2312.0257 million, 2104.7796 million and makes up 17.67%, 15.85%, 12.16%, 9.70%, 8.83% of the total binational imports and exports. These values were also up 44.94%, up 28.80%, up 47.20%, up 36.42%, up 58.42% comparing to the same period last year.
During the current year until 202211, 12, 02, 10, 28, 15 were the top five traded commodities exported to China from ARGENTINA, with export values of 2892.5924 million, 2312.0257 million, 1046.7738 million, 253.0237 million, 234.9312 million. These values account for 38.37%, 30.67%, 13.89%, 3.36%, 3.12% of ARGENTINA's total exports and were up 47.29%, up 36.42%, up 17.75%, up 304.52%, down 49.80% comparing to the same period of last year.
During the current year until 202211, 85, 84, 29, 87, 39 were ARGENTINA's top five traded commodities importing from China , with import values of 4212.5932 million, 3775.7132 million, 2088.8425 million, 774.7508 million, 592.0495 million. These values account for 25.83%, 23.15%, 12.81%, 4.75%, 3.63% of ARGENTINA's total imports and were up 44.95%, up 28.94%, up 59.13%, up 33.68%, up 39.82% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: INDEC