China / Argentina

Overview In February 2024, China exported $470M and imported $345M from Argentina, resulting in a positive trade balance of $125M. Between February 2023 and February 2024 the exports of China have decreased by $-72.6M (-13.4%) from $542M to $470M, while imports decreased by $-55.5M (-13.8%) from $400M to $345M.

Trade In February 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 February 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 February 2024 the exports of China were mainly from Zhejiang Province ($111M), Jiangsu Province ($80.4M), Guangdong Province ($71.6M), Shandong Province ($34.4M), and Shanghai Province ($29.3M), while imports destinations were mainly Beijing ($68M), Guangdong Province ($55.2M), Shandong Province ($52.1M), Shanghai Province ($34.6M), and Tianjin ($22.1M).

Growth In February 2024, the decrease in China's year-by-year exports to Argentina was explained primarily by an decrease in product exports in Other Organo-Inorganic Compounds ($-37.1M or -86.4%), Telephones ($-27.2M or -33.2%), and Computers ($-19.5M or -60.7%). In February 2024, the decrease in China's year-by-year imports  from Argentina was explained primarily by an decrease in product imports  in Sorghum ($-127M or -89.8%), Frozen Bovine Meat ($-16.5M or -8.57%), and Tanned Equine and Bovine Hides ($-5.26M or -63.9%).