Argentina

Goods Imports: CIF, by origin Goods Exports: FOB, by last known destination Trade System: Special
Overview:
In 2013, the value of merchandise exports of Argentina decreased moderately by 5.3 percent to reach 76.6 bln US$, while its merchandise
imports increased moderately by 7.5 percent to reach 73.7 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded
a relatively small surplus of 3.0 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Eastern Asia at -5.9 bln US$
(see graph 4). Merchandise exports in Argentina were diversified amongst partners; imports were also diversified. The top 26 partners
accounted for 80 percent or more of exports and 15 partners accounted for 80 percent or more of imports (see graph 5). In 2012, the value of
exports of services of Argentina decreased slightly by 3.0 percent, reaching 15.2 bln US$, while its imports of services increased moderately
by 5.1 percent and reached 18.7 bln US$ (see graph 2). There was a moderate trade in services deficit of 3.5 bln US$.

Graph 1: Total merchandise trade, by value Graph 2: Total services trade, by value
(Bln US$ by year) (Bln US$ by year)
Exports Imports Trade Balance Exports Imports Trade Balance
100 20
80 15
60
10
40
20 5
(na)
0 0
(na)
−20 −5
−40
−10
−60
−80 −15

−100 −20
00

01

02

03

04

05

06

07

08

09

10

11

12

13

00
01
02
03
04
05
06
07
08
09
10
11
12
13
20

20

20

20

20

20

20

20

20

20

20

20

20

20

20
20
20
20
20
20
20
20
20
20
20
20
20
20
Exports Profile: Graph 3: Exports of services by EBOPS category
"Food, animals + beverages, tobacco" (SITC section 0+1), "machinery and (% share in 2012)
transport equipment" (SITC section 7) and "crude materials + anim. &
veg. oils" (SITC section 2+4) were the largest commodity groups for Travel ( 32.2 %)
exports in 2013 representing respectively 41.4, 17.8 and 15.3 percent of
exported goods (see table 2). From 2011 to 2013, the largest export
commodity was "oil-cake and other solid residues" (HS code 2304) (see
table 1). The top three destinations for merchandise exports were Brazil, Other business
China and Chile, accounting for respectively 20.7, 6.9 and 5.7 percent of ( 33.9 %)
total exports. "Other business services" (EBOPS code 268) accounted for
Transportation
the largest share of exports of services in 2012 at 5.1 bln US$, followed
( 15.5 %)
by "Travel" (EBOPS code 236) at 4.9 bln US$ and "Transportation" (EBOPS
code 205) at 2.4 bln US$ (see graph 3).
Remaining ( 6.8 %) Computer &
information ( 11.6 %)

Table 1: Top 10 export commodities 2011 to 2013

HS Value (million US$) Unit value SITC
code 4-digit heading of Harmonized System 2007 2011 2012 2013 2011 2012 2013 Unit code
All Commodities............................................................................................................ 84 051.2 80 927.1 76 633.9
2304 Oil-cake and other solid residues.................................................................................. 9 906.7 10 548.9 10 660.6 0.4 0.4 0.5 US$/kg 081
1005 Maize (corn)................................................................................................................... 4 519.2 4 841.1 5 848.0 0.3 0.3 0.3 US$/kg 044
1507 Soya-bean oil and its fractions...................................................................................... 5 197.1 4 319.8 4 089.3 1.2 1.1 1.0 US$/kg 421
8703 Motor cars and other motor vehicles principally designed for the transport............... 4 712.1 3 958.6 4 123.4 13.3 226.4 14.7 thsd US$/unit 781
1201 Soya beans, whether or not broken.............................................................................. 5 457.2 3 191.6 4 089.4 0.5 0.5 0.5 US$/kg 222
8704 Motor vehicles for the transport of goods.................................................................... 3 480.8 3 836.4 4 116.8 24.1 172.5 26.9 thsd US$/unit 782
2709 Petroleum oils and oils obtained from bituminous minerals, crude............................. 2 182.2 2 608.2 1 736.8 0.7 0.7 0.7 US$/kg 333
7108 Gold (including gold plated with platinum)................................................................... 2 315.1 2 259.8 1 846.6 11.1 9.5 5.8 thsd US$/kg 971
1001 Wheat and meslin......................................................................................................... 2 508.8 2 951.9 725.4 0.3 0.3 0.3 US$/kg 041
9999 Commodities not specified according to kind............................................................... 1 816.5 2 024.1 2 119.9 931

Source: UN Comtrade and UN ServiceTrade

 Argentina
Services Imports and Exports: EBOPS 2002 categories

Table 2: Merchandise exports by SITC Table 3: Merchandise imports by SITC SITC Legend
(Value in million US$, growth and shares in percentage) (Value in million US$, growth and shares in percentage)
Avg. Growth rates 2013 Avg. Growth rates 2013 SITC
SITC 2013 2009-2013 2012-2013 share SITC 2013 2009-2013 2012-2013 share Code Description
Total 76 633.9 8.3 -5.3 100.0 Total 73 655.5 17.4 7.5 100.0 Total All commodities
0+1 31 720.5 10.5 -3.7 41.4 0+1 1 565.1 10.2 -4.6 2.1 0+1 Food, animals + beverages, tobacco
2+4 11 714.3 9.2 -5.7 15.3 2+4 2 107.1 9.1 0.9 2.9 2+4 Crude materials + anim. & veg. oils
3 3 556.7 -11.0 -28.3 4.6 3 10 896.7 45.4 22.7 14.8 3 Mineral fuels, lubricants
5 6 352.9 5.6 -10.7 8.3 5 12 060.0 13.5 -0.1 16.4 5 Chemicals
6 4 905.6 1.7 -8.9 6.4 6 7 723.9 10.4 -1.8 10.5 6 Goods classified chiefly by material
7 13 629.6 14.2 5.5 17.8 7 34 200.5 17.3 11.1 46.4 7 Machinery and transport equipment
8 785.9 -2.0 -13.9 1.0 8 4 450.2 10.6 -1.3 6.0 8 Miscellaneous manufactured articles
9 3 968.3 19.6 -7.4 5.2 9 651.9 19.7 -2.8 0.9 9 Not classified elsewhere in the SITC

Graph 4: Merchandise trade balance Graph 5: Partner concentration of merchandise trade

(Bln US$ by MDG Regions in 2013) (Cumulative share by ranked partners in 2013)
Imports Exports Trade balance
Imports Exports
Developed Asia−Pacific (Herfindahl Index = 0.113) (Herfindahl Index = 0.065)
Top Top
Developed Europe partner partner
Developed N. America
South−eastern Europe 5 th 5 th
CIS
Northern Africa 10 th 10 th
Sub−Saharan Africa
Latin Am, Caribbean 15 th 15 th
Eastern Asia
Southern Asia
South−eastern Asia 20 th 20 th
Western Asia
Oceania 25 th 25 th
0%

%
0%

%
0%
5

−5

15
0
5
0

10

20
25
30
35
−1
−3
−2
−2

−1

80

60

40

20

20

40

60

80
10

10
Graph 6: Imports of services by EBOPS category Imports Profile:
(% share in 2012)
Transportation
"Machinery and transport equipment" (SITC section 7), "chemicals" (SITC
( 24.9 %) section 5) and "mineral fuels, lubricants" (SITC section 3) were the largest
commodity groups for imports in 2013 representing respectively 46.4, 16.4
and 14.8 percent of imported goods (see table 3). From 2011 to 2013, the
largest import commodity was "motor cars and other motor vehicles
principally designed for the transport" (HS code 8703) (see table 4). The
Other business top three partners for merchandise imports were Brazil, China and the
( 17.9 %)
Travel ( 31.5 %) United States, accounting for respectively 27.4, 14.7 and 11.2 percent of
total imports. "Travel" (EBOPS code 236) accounted for the largest share
of imports of services in 2012 at 5.9 bln US$, followed by "Transportation"
(EBOPS code 205) at 4.7 bln US$ and "Other business services" (EBOPS
Royalties & code 268) at 3.4 bln US$ (see graph 6).
Remaining ( 14.0 %) lic. fees ( 11.6 %)

Table 4: Top 10 import commodities 2011 to 2013

HS Value (million US$) Unit value SITC
code 4-digit heading of Harmonized System 2007 2011 2012 2013 2011 2012 2013 Unit code
All Commodities............................................................................................................ 74 319.3 68 507.5 73 655.5
8703 Motor cars and other motor vehicles principally designed for the transport............... 5 593.8 5 385.5 7 064.4 10.4 125.8 12.5 thsd US$/unit 781
2710 Petroleum oils, other than crude................................................................................... 5 514.7 4 086.3 5 010.4 1.0 1.0 1.0 US$/kg 334
8708 Parts and accessories of the motor vehicles of headings 87.01 to 87.05.................... 4 079.5 3 992.5 4 054.3 9.0 8.9 8.9 US$/kg 784
2711 Petroleum gases and other gaseous hydrocarbons...................................................... 2 499.4 3 906.9 5 023.7 0.5 0.6 0.7 US$/kg 343
8517 Electrical apparatus for line telephony or line telegraphy............................................ 2 373.6 2 405.6 2 615.9 764
8704 Motor vehicles for the transport of goods.................................................................... 1 416.2 1 184.2 1 410.8 20.8 101.7 22.5 thsd US$/unit 782
3004 Medicaments (excluding goods of heading 30.02, 30.05 or 30.06).............................. 971.3 1 133.3 1 126.0 54.4 64.1 60.2 US$/kg 542
8471 Automatic data processing machines and units thereof.............................................. 1 163.3 781.6 817.1 0.1 4.2 0.0 thsd US$/unit 752
2601 Iron ores and concentrates, including roasted iron pyrites........................................... 1 246.2 728.9 774.3 0.2 0.1 0.1 US$/kg 281
8802 Other aircraft (for example, helicopters, aeroplanes); spacecraft................................ 955.4 919.7 579.3 3.3 4.3 6.6 mln US$/unit 792

Source: UN Comtrade and UN ServiceTrade