Argentina-China Bilateral Trade Analysis 2023

Complete trade statistics: $19.62B total volume โ€ขArgentina deficit: $9.05B

Argentina โ†’ China

$5.28B

Exports (2023)

China โ†’ Argentina

$14.33B

Imports (2023)

Trade Balance

$9.05B

Deficit for Argentina

Total Trade

$19.62B

Combined Volume

Trade Flow Visualization

Direct trade relationship between Argentina and China. Green line shows exports from Argentina, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Argentina-China commercial relationship and competitive positioning in global markets.

Argentina โ†’ China Exports

$5.28B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
28.2% top product
1Meat: of bovine animals, boneless cuts, frozen
$1.49B
28.2% of exports
2Soya beans: other than seed, whether or not broken
$937.50M
17.7% of exports
3Cereals: barley, other than seed
$631.18M
11.9% of exports
4Carbonates: lithium carbonate
$356.01M
6.7% of exports
5Vegetable oils: soya-bean oil and its fractions, crude, whether or not degummed, not chemically modified
$309.89M
5.9% of exports
6Cereals: grain sorghum, other than seed
$211.20M
4.0% of exports
7Meat: of bovine animals, cuts with bone in (excluding carcasses and half-carcasses), frozen
$186.93M
3.5% of exports
8Crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water
$176.24M
3.3% of exports
9Petroleum coke: (not calcined), obtained from bituminous minerals
$145.77M
2.8% of exports
10Hides and skins: raw, whole, of bovine or equine animals, of a weight per skin exceeding 16 kg
$77.70M
1.5% of exports

๐ŸŽฏ Strategic Export Focus

Argentina's export portfolio to China demonstrates strong diversification across multiple sectors, with meat: of bovine animals, boneless cuts, frozen representing a key competitive advantage in this bilateral market.

China โ†’ Argentina Imports

$14.33B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
5.1% concentration
1Telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts
$736.33M
5.1% of imports
2Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus
$388.50M
2.7% of imports
3Automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display
$379.95M
2.7% of imports
4Reception and transmission apparatus: for use with the apparatus of heading no. 8525 to 8528, excluding aerials and aerial reflectors
$246.58M
1.7% of imports
5Organo-inorganic compounds: other organo-phosphorus derivatives, n.e.c. in heading no. 2931
$211.49M
1.5% of imports
6Motorcycles (including mopeds) and cycles: fitted with an auxiliary motor, reciprocating internal combustion piston engine, of cylinder capacity exceeding 50cc but not exceeding 250cc, with or without side-cars: side-cars
$200.46M
1.4% of imports
7Organo-inorganic compounds: organo-phosphorus derivatives, sodium-3-(hydroxysilyl)propyl methylphosphonate
$193.30M
1.3% of imports
8Electric generating sets: wind-powered, (excluding those with spark-ignition or compression-ignition internal combustion piston engines)
$182.54M
1.3% of imports
9Electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light-emitting diodes (LED)
$171.59M
1.2% of imports
10Electric motors and generators: parts suitable for use solely or principally with the machines of heading no. 8501 or 8502
$157.31M
1.1% of imports

๐Ÿ“ฆ Import Strategy Analysis

Argentina's import pattern from China reveals significant dependencyin telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

๐Ÿ†

Market Leadership

Argentina demonstrates competitive strength in exportingmeat: of bovine animals, boneless cuts, frozen to China, leveraging comparative advantages.

Export Leader in 20+ Categories
๐Ÿ”„

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
๐Ÿ“ˆ

Growth Potential

The $19.62B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Major Partnership

Executive Summary: Argentina-China Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $19.62 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Argentina maintains a deficit of $9.05 billion
  • Export Focus: Argentina's primary exports include meat: of bovine animals, boneless cuts, frozen, soya beans: other than seed, whether or not broken, cereals: barley, other than seed
  • Import Dependencies: Key imports from China include telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts, communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus, automatic data processing machines: portable, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationDiversified
Trade Balance HealthImbalanced

๐Ÿ“ˆ Market Position: This bilateral trade relationship represents a significant global trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $19.62B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Argentina leveraging its comparative advantages in meat: of bovine animals, boneless cuts, frozen.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Argentina's specialization in meat: of bovine animals, boneless cuts, frozencomplements China's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $19.62B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationLow
Market DependencyHigh
๐Ÿ”ฎ

Trade Relationship Outlook

The $19.62B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

๐Ÿ’ฐ

Trade Volume Impact

The $19.62 billion bilateral trade volume represents a significant economic factorfor both economies.

Economic Significance: High
๐Ÿญ

Industrial Integration

Trade flows in meat: of bovine animals, boneless cuts, frozen and telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
โš–๏ธ

Trade Balance Effects

Argentina's trade deficit of $9.05 billion impacts its overall economic position in this bilateral relationship.

Balance Impact: Import Dependency

Strategic Future Outlook

๐Ÿš€Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in soya beans: other than seed, whether or not broken present expansion opportunities.
Market Diversification
Beyond current focus on telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts, new product categories offer potential for trade expansion.

โš ๏ธRisk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in meat: of bovine animals, boneless cuts, frozen may affect future market positioning.

๐ŸŽฏStrategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Argentina and China represents a total trade volume of $19.62 billion in 2023. This partnership demonstrates an unfavorable trade balance for Argentina, with imports exceeding exportsby $9.05 billion.

Export Strengths

Argentina's exports to China total $5.28 billion, with competitive advantages in meat: of bovine animals, boneless cuts, frozen, representing $1.49B or28.2% of bilateral exports.

Import Dependencies

Imports from China amount to $14.33 billion, highlighting economic interdependence in telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts, with Telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts comprising5.1% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Argentina's strategic sourcing from China. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between Argentina and China in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) โ€ข Last Updated: January 2025 โ€ข Coverage: 1995-2023