1. Overview the trade of ARGENTINA in goods current year until 202212
According to Dalian Infobank, in 202212, ARGENTINA's exports and imports of goods amounted to 10959.1504 million, and were down 13.76% comparing with the same period of last year. Among these, exports were down 8.47% at 5941.6947 million, and imports were down 19.28% at 5017.4557 million. And the corresponding trade surplus was 924.2389 million and up 235.18%.
During the current year until 202212, ARGENTINA's total exports and imports of goods were 169790.9158 million and were up 20.40% comparing to the same period of last year. Among these, exports were 88268.2324 million and up 13.40%; imports were 81522.6834 million and up 29.02%. The total trade surplus was 6745.5491 million and down 53.97%.
If considering by country (region), BRAZIL, CHINA, UNITED STATES, INDIA, CHILE were ARGENTINA's top five trading partners. During the current year until 202212, ARGENTINA's imports and exports to five countries/territories were 28612.2480 million, 25426.2968 million, 16845.3732 million, 6391.5989 million, 5705.4334 million. These values correspond to 16.85%, 14.98%, 9.92%, 3.76%, 3.36% of ARGENTINA's imports and exports, and, respectively, were up 18.47%, up 29.20%, up 56.28%, up 12.39%, up 17.14% comparing to the same period of last year.
Current year until 202212, 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 202212, ARGENTINA's exports to these five countries/territories were 12633.6211 million, 7924.3824 million, 6581.6475 million, 4927.2822 million, 4542.2316 million. These values correspond to 14.31%, 8.98%, 7.46%, 5.58%, 5.15% of ARGENTINA's exports and, respectively, were up 7.43%, up 28.76%, up 33.93%, up 18.02%, up 5.80% comparing with the same period of last year.
Current year until 202212, 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 202212, ARGENTINA's imports from these five countries/territories were 17501.9143 million, 15978.6268 million, 10263.7256 million, 2719.4389 million, 2220.3111 million. These values correspond to 21.47%, 19.60%, 12.59%, 3.34%, 2.72% of ARGENTINA's total imports and, respectively, were up 29.40%, up 28.94%, up 75.01%, up 7.61%, up 110.47% comparing with the same period of last year.
During the current year until 202212, the trade surplus of ARGENTINA was mainly from CHILE, INDIA, NETHERLANDS, PERU, VIETNAM at 4149.1311 million, 2692.8643 million, 2677.2376 million, 2138.8582 million, 1983.0059 million, and up 19.26%, down 7.13%, up 18.60%, up 18.59%, down 2.63%. And the trade deficits were mainly from CHINA, UNITED STATES, BRAZIL, GERMANY, BOLIVIA at 9577.5319 million, 3682.0781 million, 3345.0057 million, 1836.7411 million, 1678.4980 million, and up 29.94%, up 287.41%, up 429.55%, up 6.76%, up 242.07%.
Current year until 202212, ARGENTINA's trade surplus or deficit with top five countries/territories During the current year until 202212, 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 18558.9713 million, 15355.7539 million, 14488.3109 million, 13924.9135 million, 12990.2548 million, which were up 94.74%, up 22.12%, up 12.98%, up 20.50%, up 21.38% comparing with the same period of last year and account for 10.93%, 9.04%, 8.53%, 8.20%, 7.65% of ARGENTINA's total imports and exports.
During the current year until 202212, 10, 99, 23, 15, 87 were ARGENTINA's top five traded commodities, with total import and export values of 14440.3886 million, 13032.1143 million, 9667.7133 million, 7754.7718 million, 7468.0104 million. These values correspond to 16.36%, 14.76%, 10.95%, 8.79%, 8.46% of ARGENTINA's total exports and, respectively, were up 12.92%, up 19.67%, up 5.44%, up 6.46%, up 21.49% comparing to the same period of last year.
During the current year until 202212, 27, 84, 85, 87, 29 were ARGENTINA's top five traded commodities, with total import values of 12783.1038 million, 11630.5402 million, 8584.6853 million, 7887.7434 million, 4447.1721 million. These values correspond to 15.68%, 14.27%, 10.53%, 9.68%, 5.46% of ARGENTINA's total exports and, respectively, were up 120.29%, up 21.95%, up 29.33%, up 22.71%, up 33.27% comparing to the same period of last year.
2. Current year until 202212, ARGENTINA binational trade profile
According to Dalian Infobank, during the current year until 202212, ARGENTINA-China binational exports and imports of goods amounted to 25426.2968 million and were up 29.20% comparing with the same period of last year. Among these, exports from ARGENTINA to China were 7924.3824 million and up 28.76%, imports from China to ARGENTINA were 17501.9143 million and up 29.40%. The total binational trade deficit was 9577.5319 million and up 29.94%.
During the urrent year until 202212, 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 4545.6950 million, 4038.1699 million, 2927.6060 million, 2460.7985 million, 2215.4836 million and makes up 17.88%, 15.88%, 11.51%, 9.68%, 8.71% of the total binational imports and exports. These values were also up 39.58%, up 21.10%, up 48.40%, up 30.34%, up 47.58% comparing to the same period last year.
During the current year until 202212, 12, 02, 10, 28, 15 were the top five traded commodities exported to China from ARGENTINA, with export values of 2920.4117 million, 2460.7985 million, 1102.5185 million, 295.8701 million, 241.9555 million. These values account for 36.85%, 31.05%, 13.91%, 3.73%, 3.05% of ARGENTINA's total exports and were up 48.52%, up 30.34%, up 15.95%, up 312.49%, down 48.84% comparing to the same period of last year.
During the current year until 202212, 85, 84, 29, 87, 39 were ARGENTINA's top five traded commodities importing from China , with import values of 4545.6054 million, 4034.2472 million, 2197.9523 million, 844.8546 million, 643.7088 million. These values account for 25.97%, 23.05%, 12.56%, 4.83%, 3.68% of ARGENTINA's total imports and were up 39.60%, up 21.23%, up 48.34%, up 27.51%, up 33.35% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: INDEC