Top Argentina Imports 2023: Market Insights

Argentina Import Portfolio Overview in 2023 Whole Year

• Capital goods dominate: machinery (HS 84, 15.2%, $11.2B) and vehicles (HS 87, 11.1%, $8.2B) lead imports.
• High concentration risk: top three sectors (machinery, vehicles, electrical machinery) account for 37.3% of total import value.
• Reflects an industrial economy dependent on foreign machinery, parts, and technology to sustain production and infrastructure.

Table: Argentina Top Import Product in 2023 (Source: yTrade)

Get Complete Argentina Import HS Code Breakdown

Import Key Driver: Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof

• Dominant product: HS 8471 (automatic data processing machines, $906.8M, 8.1% of sector).
• Product type: Finished and intermediate capital goods.
• Insight: Argentina relies heavily on imported technology and industrial equipment, indicating limited domestic heavy machinery production and a need to modernize or maintain industrial and tech infrastructure.

Table: HS Code 84 Detailed Breakdown

Get Complete Argentina Import HS Code Breakdown

Import Key Driver: Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof

• Dominant product: HS 8708 (parts and accessories for vehicles, $4.35B, 53.1% of sector).
• Acts as a complement to machinery imports, supporting domestic vehicle assembly and maintenance.
• Strategically critical for sustaining transportation and logistics sectors, reducing downtime for commercial and passenger vehicles.

Table: HS Code 87 Detailed Breakdown

Get Complete Argentina Import HS Code Breakdown

Import Key Driver: Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles

• Dominant product: HS 8517 (telecommunication devices, $2.38B, 29.4% of sector).
• Role: Stable legacy sector driven by demand for communication and energy infrastructure, essential for both consumer and industrial activity.

Table: HS Code 85 Detailed Breakdown

Access Argentina Complete Import Profile

Frequently Asked Questions

What is Argentina's largest import commodity in 2023 Whole Year?

The largest import category is Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS 84), valued at $11.18B. This sector is primarily driven by imports of Automatic data processing machines (HS 8471), accounting for $906.81M.

Which specific Nuclear Reactors and Machinery products does Argentina import most in 2023 Whole Year?

Within the HS 84 sector, the top imports are Automatic data processing machines (HS 8471, $906.81M), Diesel engines (HS 8408, $827.29M), and Centrifuges (HS 8421, $693.85M), which together account for 18.72% of the category's total value.

Does Argentina import Vehicles in 2023 Whole Year?

Yes. Vehicles (HS 87) is the second-largest import sector, valued at $8.20B, primarily driven by Parts and accessories for vehicles (HS 8708), which alone accounts for $4.35B (53.07%) of the category.

What are the main industries driving Argentina's economy?

Argentina's import economy is concentrated, with the top 3 industries being:

1. Machinery (HS 84, $11.18B, 15.16%)
2. Vehicles (HS 87, $8.20B, 11.12%)
3. Electrical Machinery (HS 85, $8.12B, 11.02%).
   The economy is heavily reliant on machinery and vehicle imports.

How to find Argentina Machinery buyers?

You can access a list of active overseas buyers and importers for Machinery (HS 84) using the yTrade database, which provides detailed shipment records and company contacts.

Detailed Quarterly Report

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