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Trade between Argentina and China

In 2024, Argentina exported $6 billion to China and imported $11.4 billion. Argentina ran a deficit of $5.4 billion with China, compared with a deficit of $2.4 billion in 2019. China was Argentina’s 2nd largest trading partner (13% of its trade), and Argentina was China’s 51st (0.3%).

Summary

Argentina → China
$6billion
China → Argentina
$11.4billion
Argentina’s balance
-$5.4billion

Balance

Argentina’s trade balance with China

Trade between Argentina and China grew 17.7-fold since 1995

USD billions (current). Argentina’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 6
  • Imports 11.4
  • Balance -5.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$351 million$631 million-$280 million
1996$701 million$717 million-$15 million
1997$938 million$1 billion-$84 million
1998$785 million$1.2 billion-$407 million
1999$586 million$1 billion-$424 million
2000$889 million$1.2 billion-$280 million
2001$1.2 billion$1.1 billion$122 million
2002$1.2 billion$341 million$813 million
2003$2.6 billion$734 million$1.9 billion
2004$2.7 billion$1.4 billion$1.3 billion
2005$3.2 billion$1.5 billion$1.7 billion
2006$3.5 billion$3.1 billion$415 million
2007$5.3 billion$5.1 billion$158 million
2008$6.6 billion$7.2 billion-$536 million
2009$3.7 billion$4.9 billion-$1.2 billion
2010$5.9 billion$7.7 billion-$1.8 billion
2011$6 billion$10.9 billion-$4.9 billion
2012$5.2 billion$10 billion-$4.8 billion
2013$5.6 billion$11.4 billion-$5.8 billion
2014$4.6 billion$10.9 billion-$6.4 billion
2015$5.2 billion$12.1 billion-$6.8 billion
2016$4.5 billion$10.9 billion-$6.4 billion
2017$4.4 billion$12.9 billion-$8.5 billion
2018$4.3 billion$12.2 billion-$7.9 billion
2019$7 billion$9.4 billion-$2.4 billion
2020$5.5 billion$8.7 billion-$3.2 billion
2021$6 billion$13.2 billion-$7.2 billion
2022$8.1 billion$17.5 billion-$9.4 billion
2023$5.4 billion$14.6 billion-$9.2 billion
2024$6 billion$11.4 billion-$5.4 billion

What they sell each other

What Argentina sells to China

The top 10 headings in 2024, with their share of the total.

  1. Soybeans$1.7 billion · 28.8%
    3.9 million tonnes · Argentina’s destinations
  2. Frozen beef$1.6 billion · 27.2%
    572 thousand tonnes
  3. Carbonates$417 million · 7%
    48 thousand tonnes
  4. Soybean oil$417 million · 7%
    447 thousand tonnes · Argentina’s destinations
  5. Barley$343 million · 5.7%
    1.5 million tonnes · China’s sources
  6. Sorghum$244 million · 4.1%
    1.1 million tonnes · China’s sources
  7. Precious metal ore$174 million · 2.9%
    21 thousand tonnes
  8. 21 thousand tonnes
  9. 47 thousand tonnes
  10. Tanned cattle hides$107 million · 1.8%
    138 thousand tonnes

What China sells to Argentina

The top 10 headings in 2024, with their share of the total.

  1. 11 thousand tonnes
  2. Computers$344 million · 3%
    2 thousand tonnes · China’s destinations
  3. Motorcycles$253 million · 2.2%
    37 thousand tonnes · China’s destinations
  4. 67 thousand tonnes
  5. 29 thousand tonnes
  6. Valves and taps$205 million · 1.8%
    19 thousand tonnes
  7. 6 thousand tonnes
  8. 10 thousand tonnes
  9. Generating sets$163 million · 1.4%
    18 thousand tonnes
  10. Pesticides and herbicides$161 million · 1.4%
    52 thousand tonnes

How it travels

Estimated sea route from Buenos Aires to Shanghai.

The estimated sea route between Buenos Aires and Shanghai is 11,619 nautical miles (21,518 km) long: ≈ 27–34.5 days at sea (at 18 and 14 knots).

Passages it crosses: Cape of Good Hope; and Strait of Malacca and Singapore.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$15.5 billion · 89.1%
  2. Air$1.9 billion · 10.9%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

China was Argentina’s 2nd largest trading partner (13% of its trade), and Argentina was China’s 51st (0.3%).

China in Argentina’s trade
12.7%
China’s rank among Argentina’s partners
2nd
Argentina in China’s trade
0.3%
Argentina’s rank among China’s partners
51st

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.