Argentina Import Data in 2023 - Tendata

tendata blogImport News

ten data blog10-05-2024

Argentina import data shows that, in 2023, Argentina imported products worth $69.8 billion from around the world. From 2022 to 2023, the overall cost of imports to Argentina decreased by -8.4%, from $76.2 billion.


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Top Trading Partners for Argentina

According to Argentina import data provided by Tendata, 83.59% of Argentina's imported products in 2023 were purchased by the following top ten countries:

1. Brazil (31.62%, $6086.32 Million)

2. China (21.23%, $4085.77 Million)

3. United States (11.42%, $2197.54 Million)

4. Bolivia (5.97%, $1148.72 Million)

5. Germany (3.5%, $673.68 Million)

6. Vietnam (3.35%, $644.77 Million)

7. Italy (1.86%, $357.77 Million)

8. Mexico (1.77%, $341.57 Million)

9. Spain (1.6%, $307.66 Million)

10. Chile (1.27%, $244.86 Million)


From a continental perspective, over a third (34.4%) of Argentina's import value in 2023 came from Latin American countries excluding Mexico. Asian trading partners contributed 32.4% of the value, while Europe provided 16.7%. North America accounted for 14.4% of imports, with smaller proportions coming from Africa (1.6%) and Oceania (0.5%).

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Top Import Products for Argentina

According to 2-digit HTS codes in Tendata's Argentina import data, the top ten product categories accounted for nearly three-quarters (73.2%) of Argentina's total import expenditure:

1. Machinery including computers: $10.6 billion (15.3%)

2. Vehicles: $7.9 billion (11.3%)

3. Electrical machinery and equipment: $7.8 billion (11.1%)

4. Mineral fuels including oil: $7.3 billion (10.4%)

5. Oilseeds: $5.4 billion (7.7%)

6. Organic chemicals: $3.3 billion (4.7%)

7. Plastics and plastic products: $2.9 billion (4.2%)

8. Pharmaceuticals: $2.5 billion (3.6%)

9. Optical, technical, medical equipment: $1.8 billion (2.6%)

10. Iron and steel: $1.6 billion (2.3%)


The fastest-growing import category for Argentina was oilseeds, which increased by 153.9% from 2022 to 2023. Automotive imports ranked second with a growth of 5.1%, ahead of optical, technical, and medical equipment (growth of 1.5%).


The categories that experienced the most significant year-on-year declines for Argentina were mineral fuels including oil (down -39.9% compared to 2022), organic chemicals (down -22%), and pharmaceuticals (down -17.8%).


At a more detailed 4-digit HTS code level, Tendata's Argentina import data shows that the country's most valuable import products were soybeans (7.6%), automotive parts or accessories (5.9%), refined petroleum (4.8%), petroleum gas (3.6%), telephone equipment including smartphones (3.3%), automobiles (2.6%), dosage mixtures of drugs (1.7%), blood components including antisera (1.6%), computers (1.3%), and electric energy (1.2%).


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Tendata's Argentina import data, based on more detailed 11-digit HS codes, lists the specific products imported by Argentina as follows:

1.HS Code:27160000000(16.4%, $3156.05 Million):Electrical energy

2.HS Code:27112100000(5.81%, $1117.63 Million):Natural gas in gaseous state

3.HS Code:27111100000(2.71%, $521.27 Million):Natural gas, liquefied

4.HS Code:85177010000(1.88%, $361.85 Million):Parts of telephone sets, telephones for cellular networks or for other wireless networks and of other apparatus for the transmission or reception of voice, images or other data, n.e.s.: popltd, loaded or stuffd prntd crcuit brds

5.HS Code:8039000900(1.2%, $231.09 Million):Fresh or dried bananas (excl. plantains)

6.HS Code:27011200000(1.14%, $219.18 Million):Bituminous coal, whether or not pulverised, non-agglomerated

7.HS Code:85299020000(0.99%, $190.06 Million):Parts suitable for use solely or principally with flat panel display modules, transmission and reception apparatus for radio-broadcasting or television, television cameras,digital cameras, video camera recorders, radar apparatus, radio navigational aid ap

8.HS Code:85177099000(0.91%, $174.44 Million):Telephones, including mobile (cellular) telephones and those on other wireless networks; other devices for transmitting or receiving voice, image or other data, including wired or wireless network communication devices (such as local networks (LAN) or ext

9.HS Code:26011100110(0.68%, $131.44 Million):Non-agglomerated iron ores and concentrates (excl. roasted iron pyrites) + detailed label not available +

10.HS Code:87012000290(0.54%, $103.12 Million):Road tractors for semi-trailers + detailed label not available +


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