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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Tendata provides the following types of customs data:

1. Trade Data

Tendata offers over 10 billion trade records covering 218 countries and regions, accumulating detailed transaction details from over 2 billion trade transactions. This enables precise analysis of the distribution of global target import and export countries, details of import and export customs districts, and the market environment of target countries.


2. Business Data

Tendata's business data covers 198 countries and includes commercial databases for over 230 industries, with data on more than 210 million companies. It covers various aspects of enterprise operations, financial information, competitors, and senior executives. This finely detailed data facilitates in-depth evaluation of the true strength of target customers and expands potential customer base.


3. Cloud Search Data

Tendata's data covers 172 countries and includes contact information for over 700 million companies. In addition to basic information such as company names, official website links, product images, and contact persons, it also integrates information from platforms like LinkedIn and social media, helping foreign trade enterprises gain a panoramic understanding of customers and the market. Furthermore, real-time updated data enables companies to stay informed about market changes and respond promptly.


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