Top Argentina Imports 2023 Q1: Market Insights

Argentina Import Portfolio Overview in 2023 Q1

• Capital and intermediate goods dominate, led by machinery (HS 84, 14.8%) and electrical equipment (HS 85, 10.8%).
• Energy imports (HS 27, 10.7%) represent a critical vulnerability, reflecting domestic production gaps.
• High import concentration in these three sectors indicates structural dependency on foreign manufacturing and energy supply.

Table: Argentina Top Import Product in 2023 Q1 (Source: yTrade)

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

• Dominated by automatic data processing machines (HS 8471, $173.6M), indicating heavy reliance on tech infrastructure imports.
• These are finished and intermediate capital goods, essential for industrial and service sector operations.
• Argentina’s weak domestic manufacturing base for advanced machinery necessitates sustained imports to maintain productivity.

Table: HS Code 84 Detailed Breakdown

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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

• Telephones and communication devices (HS 8517, $665.7M) drive this category, representing 35.8% of sector imports.
• Acts as a complement to machinery imports, supporting digital and telecom infrastructure modernization.
• Strategic for both consumer markets and business connectivity, underscoring integration into global digital supply chains.

Table: HS Code 85 Detailed Breakdown

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Import Key Driver: Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

• Diesel and fuel oils (HS 2710, $1.17B) account for 63.8% of energy imports, highlighting dependency on refined petroleum.
• This is a raw and intermediate industrial input, critical for transport, agriculture, and power generation.
• Persistent energy import reliance signals unresolved structural deficits in domestic refining and hydrocarbon output.

Table: HS Code 27 Detailed Breakdown

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Frequently Asked Questions

What is Argentina's largest import commodity in 2023 Q1?

The largest import category is Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS 84), valued at $2.56B. This sector is primarily driven by imports of Automatic data processing machines (HS 8471), accounting for 6.79% of the total value.

Which specific nuclear reactor and machinery products does Argentina import most in 2023 Q1?

Within the HS 84 sector, the top imports are Automatic data processing machines (HS 8471, $173.61M), Diesel engines (HS 8408, $164.47M), and Parts for lifting/handling machinery (HS 8429, $152.06M), which together account for 19.18% of the sector's total imports.

Does Argentina import electrical machinery and equipment in 2023 Q1?

Yes. Electrical machinery and equipment (HS 85) is the second-largest import sector, valued at $1.86B, primarily driven by Telephone sets (HS 8517, $665.66M), which alone contribute 35.77% of the sector's imports.

What are the main industries driving Argentina's economy?

Argentina's import economy is heavily reliant on machinery (HS 84, 14.82%) and electrical equipment (HS 85, 10.79%), followed by mineral fuels (HS 27, 10.65%). Together, these three sectors account for 36.26% of total imports.

How to find Argentina nuclear reactor and machinery buyers?

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