1.  Overview the trade of ARGENTINA in goods current year until 202301

According to Dalian Infobank, in 202301, ARGENTINA's exports and imports of goods amounted to 10133.9448 million, and were down 6.16% comparing with the same period of last year. Among these, exports were down 14.39% at 4749.5438 million, and imports were up 2.53% at 5384.4010 million. And the corresponding trade deficit was 634.8573 million and down 314.06%.

During the current year until 202301, ARGENTINA's total exports and imports of goods were 10133.9448 million and were down 6.16% comparing to the same period of last year. Among these, exports were 4749.5438 million and down 14.39%; imports were 5384.4010 million and up 2.53%. The total trade deficit was 634.8573 million and down 314.06%.

If considering by country (region), BRAZIL, CHINA, UNITED STATES, CHILE, INDIA were ARGENTINA's top five trading partners. During the current year until 202301, ARGENTINA's imports and exports to five countries/territories were 1903.8372 million, 1547.9754 million, 1133.8910 million, 298.3422 million, 289.7881 million. These values correspond to 18.79%, 15.28%, 11.19%, 2.94%, 2.86% of ARGENTINA's imports and exports, and, respectively, were up 13.36%, down 17.21%, up 88.52%, down 37.12%, down 25.34% comparing to the same period of last year.

Current year until 202301, ARGENTINA and the top five trade partners BRAZIL, UNITED STATES, CHINA, CHILE, PERU are the top five countries/territories that ARGENTINA exports to in terms of the total export amount. During the current year until 202301, ARGENTINA's exports to these five countries/territories were 713.5623 million, 500.6109 million, 403.7366 million, 242.5021 million, 191.6477 million. These values correspond to 15.02%, 10.54%, 8.50%, 5.11%, 4.04% of ARGENTINA's exports and, respectively, were up 5.79%, up 107.74%, up 11.39%, down 42.40%, up 23.34% comparing with the same period of last year.

Current year until 202301, ARGENTINA's exports to top five countries/territories BRAZIL, CHINA, UNITED STATES, GERMANY, ITALY are the top five countries/territories that ARGENTINA imports from in terms of the total export amount. During the current year until 202301, ARGENTINA's imports from these five countries/territories were 1190.2748 million, 1144.2387 million, 633.2801 million, 233.3608 million, 143.9934 million. These values correspond to 22.11%, 21.25%, 11.76%, 4.33%, 2.67% of ARGENTINA's total imports and, respectively, were up 18.44%, down 24.09%, up 75.67%, up 20.05%, up 2.09% comparing with the same period of last year.

During the current year until 202301, the trade surplus of ARGENTINA was mainly from CHILE, PERU, COLOMBIA, INDONESIA, SWITZERLAND at 186.6621 million, 172.8517 million, 113.2871 million, 107.7787 million, 103.1874 million, and down 49.23%, up 32.58%, up 202.13%, down 36.18%, up 265.18%. And the trade deficits were mainly from CHINA, BRAZIL, GERMANY, UNITED STATES, THAILAND at 740.5021 million, 476.7125 million, 186.4620 million, 132.6692 million, 120.3563 million, and down 35.32%, up 44.27%, up 47.56%, up 11.00%, down 4.44%.

Current year until 202301, ARGENTINA's trade surplus or deficit with top five countries/territories During the current year until 202301,  commodities with hs2 codes, 27, 84, 87, 99, 10, were ARGENTINA's top five traded commodities. They correspond to the import and export values of 1013.8131 million, 953.9404 million, 845.1705 million, 839.7740 million, 679.3120 million, which were up 47.96%, down 4.23%, up 18.77%, down 13.20%, down 50.34% comparing with the same period of last year and account for 10.00%, 9.41%, 8.34%, 8.29%, 6.70% of ARGENTINA's total imports and exports.

During the current year until 202301, 99, 10, 23, 15, 87 were ARGENTINA's top five traded commodities, with total import and export values of 777.4713 million, 677.2155 million, 446.6480 million, 398.4419 million, 332.9026 million. These values correspond to 16.37%, 14.26%, 9.40%, 8.39%, 7.01% of ARGENTINA's total exports and, respectively, were down 14.32%, down 50.42%, up 5.26%, down 11.26%, up 50.07% comparing to the same period of last year.

During the current year until 202301, 84, 27, 85, 87, 29 were ARGENTINA's top five traded commodities, with total import values of 852.1282 million, 685.8845 million, 644.5691 million, 512.2680 million, 287.6577 million. These values correspond to 15.83%, 12.74%, 11.97%, 9.51%, 5.34% of ARGENTINA's total exports and, respectively, were down 6.59%, up 93.30%, up 6.99%, up 4.60%, down 9.27% comparing to the same period of last year.

2. Current year until 202301, ARGENTINA binational trade profile

According to Dalian Infobank, during the current year until 202301, ARGENTINA-China binational exports and imports of goods amounted to 1547.9754 million and were down 17.21% comparing with the same period of last year. Among these, exports from ARGENTINA to China were 403.7366 million and up 11.39%, imports from China to ARGENTINA were 1144.2387 million and down 24.09%. The total binational trade deficit was 740.5021 million and down 35.32%.

During the urrent year until 202301, commodities with hs2 code, 85, 84, 10, 02, 29, were binational trade's top five traded commodities. They correspond to import and export values of 318.8063 million, 289.5777 million, 193.4651 million, 139.3938 million, 106.7532 million and makes up 20.60%, 18.71%, 12.50%, 9.00%, 6.90% of the total binational imports and exports. These values were also down 0.99%, down 28.54%, up 26.59%, down 7.78%, down 36.31% comparing to the same period last year.

During the current year until 202301, 10, 02, 28, 03, 99 were the top five traded commodities exported to China from ARGENTINA, with export values of 193.4651 million, 139.3938 million, 18.8584 million, 13.8739 million, 13.1075 million. These values account for 47.92%, 34.53%, 4.67%, 3.44%, 3.25% of ARGENTINA's total exports and were up 26.59%, down 7.78%, up 60.78%, up 43.14%, up 147.57% comparing to the same period of last year.

During the current year until 202301, 85, 84, 29, 87, 39 were ARGENTINA's top five traded commodities importing from China , with import values of 318.8063 million, 289.5777 million, 105.7961 million, 50.5207 million, 44.4475 million. These values account for 27.86%, 25.31%, 9.25%, 4.42%, 3.88% of ARGENTINA's total imports and were down 0.99%, down 28.47%, down 36.29%, down 39.13%, down 25.11% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: INDEC