China / Argentina

Overview In October 2024, China exported $982M and imported $1.07B from Argentina, resulting in a negative trade balance of $89.9M. Between October 2023 and October 2024 the exports of China have increased by $410M (71.8%) from $572M to $982M, while imports increased by $652M (155%) from $420M to $1.07B.

Trade In October 2024, the top exports of China to Argentina were Telephones ($54.7M), Large Construction Vehicles ($20.3M), Nitrogen Heterocyclic Compounds ($19.9M), Centrifuges ($19.9M), and Mixed Mineral or Chemical Fertilizers ($19.7M). In October 2024 the top imports of China from Argentina were Soybeans ($837M), Frozen Bovine Meat ($177M), Soybean Oil ($72M), Carbonates ($42.3M), and Raw Tobacco ($24M).

Origins In October 2024 the exports of China were mainly from Zhejiang Province ($268M), Guangdong Province ($218M), Jiangsu Province ($133M), Shandong Province ($70.9M), and Hubei Province ($48.2M), while imports destinations were mainly Beijing ($713M), Shandong Province ($63.4M), Jiangsu Province ($46M), Shanghai Province ($41.5M), and Guangdong Province ($35.3M).

Growth In October 2024, the increase in China's year-by-year exports to Argentina was explained primarily by an increase in product exports in Mixed Mineral or Chemical Fertilizers ($19.7M or 33.5k%), Electric Generating Sets ($9.23M or 697%), and Sound Recordings ($8.36M or 101%). In October 2024, the increase in China's year-by-year imports  from Argentina was explained primarily by an increase in product imports  in Soybeans ($764M or 1.04k%), Soybean Oil ($32.4M or 81.8%), and Carbonates ($31.4M or 287%).