Top Argentina Imports 2023 Q3: Market Shift

Argentina Import Portfolio Overview in 2023 Q3

• Capital goods dominate: machinery (HS 84, 15.8%, $3.18B) and electrical equipment (HS 85, 11.9%, $2.40B) lead import value.
• High concentration risk: top three sectors (machinery, electrical, vehicles) account for 38.9% of total imports, exposing Argentina to supply chain disruptions in industrial inputs.
• Reflects Argentina’s structural dependency: imports fuel industrial and agricultural output, with heavy reliance on foreign machinery, technology, and intermediate goods to sustain production.

Table: Argentina Top Import Product in 2023 Q3 (Source: yTrade)

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

• Dominant product: HS 8471 (automatic data processing machines, units; $300.1M, 9.4% of sector).
• Product type: Finished and intermediate capital goods—computers, engines, pumps—essential for industrial automation and infrastructure.
• Insight: Argentina’s weak domestic manufacturing base necessitates machinery imports to maintain productivity in agriculture, energy, and processing sectors, underscoring a persistent technology gap.

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

• Key product: HS 8517 (telephones, smartphones; $667.5M, 27.9% of sector).
• Acts as a complement: Supports digital infrastructure and connectivity, enabling broader economic activity reliant on imported machinery and vehicles.
• Strategic importance: Critical for modernizing services and logistics, though dependence on foreign tech highlights limited local electronics production capacity.

Table: HS Code 85 Detailed Breakdown

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

• Primary product: HS 8708 (parts and accessories for vehicles; $1.26B, 55.1% of sector).
• Role: Stable legacy dependency—vehicle parts sustain Argentina’s transport and logistics networks, which are vital for exporting agricultural goods and moving domestic output.
• Analysis: High parts import bill indicates an aging or import-reliant vehicle fleet, with limited local manufacturing integration beyond assembly or maintenance.

Table: HS Code 87 Detailed Breakdown

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Frequently Asked Questions

What is Argentina's largest import commodity in 2023 Q3?

The largest import category is Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS 84), valued at $3.18B. This sector is primarily driven by imports of Automatic data processing machines and units (HS 8471), which accounted for $300.07M (9.44% of the sector).

Which specific machinery and mechanical appliances does Argentina import most in 2023 Q3?

Within the HS 84 sector, the top imports are:

1. Automatic data processing machines and units (HS 8471) - $300.07M
2. Diesel engines (HS 8408) - $238.58M
3. Centrifuges and filtering/purifying machinery (HS 8421) - $201.52M

Together, these three products account for 23.28% of the sector's total imports.

Does Argentina import electrical machinery and equipment in 2023 Q3?

Yes. Electrical machinery and equipment (HS 85) is the second-largest import sector, valued at $2.40B. The primary driver is Telephone sets and devices (HS 8517), which alone contributed $667.48M (27.85% of the sector).

What are the main industries driving Argentina's economy?

Argentina's import economy is heavily reliant on three key sectors:

1. Machinery & mechanical appliances (HS 84) - $3.18B (15.77%)
2. Electrical machinery (HS 85) - $2.40B (11.88%)
3. Vehicles & parts (HS 87) - $2.28B (11.29%)

These three industries account for 38.94% of total imports, indicating a concentrated reliance on industrial and technological goods.

How to find Argentina machinery and mechanical appliances buyers?

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