Overview In December 2022, China exported $713M and imported $1.44B from Argentina, resulting in a negative trade balance of $729M. Between December 2021 and December 2022 the exports of China have decreased by $-412M (-36.6%) from $1.12B to $713M, while imports increased by $817M (131%) from $624M to $1.44B.
Trade In December 2022, the top exports of China to Argentina were Telephones ($82M), Other Organo-Inorganic Compounds ($42.9M), Nitrogen Heterocyclic Compounds ($38.1M), Computers ($32.8M), and Motorcycles and cycles ($30.8M). In December 2022 the top imports of China from Argentina were Frozen Bovine Meat ($193M), Sorghum ($142M), Soybeans ($73.3M), Soybean Oil ($39.6M), and Raw Tobacco ($23.4M).
Origins In December 2022 the exports of China were mainly from Zhejiang Province ($147M), Guangdong Province ($138M), Jiangsu Province ($97.2M), Shandong Province ($65.3M), and Hubei Province ($65.2M), while imports destinations were mainly Jiangsu Province ($227M), Shanghai Province ($170M), Beijing ($164M), Shandong Province ($157M), and Guangdong Province ($152M).
Growth In December 2022, the decrease in China's year-by-year exports to Argentina was explained primarily by an decrease in product exports in Semiconductor Devices ($-14.2M or -81.9%), LCDs ($-13M or -96.5%), and Reaction and Catalytic Products ($-6.68M or -99.5%). In December 2022, the increase in China's year-by-year imports from Argentina was explained primarily by an increase in product imports in Sorghum ($135M or 2.09k%), Soybeans ($46.2M or 170%), and Sulfate Chemical Woodpulp ($7.03M or 398%).