Top Argentina Imports 2024: Capital Goods Lead

Argentina Import Portfolio Overview in 2024 Whole Year

• Capital goods dominate: machinery (HS 84, 15.9%) and vehicles (HS 87, 14.7%) lead imports.
• Moderate concentration risk: top three sectors account for 40.7% of total import value.
• Reflects an industrial economy dependent on imported equipment and components for production and infrastructure.

Table: Argentina Top Import Product in 2024 (Source: yTrade)

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

• Primary product: Parts for engines (HS 8408, $685.89M, 7.1% of sector).
• Product type: Intermediate goods—critical for maintaining and assembling industrial machinery.
• Insight: Argentina relies on imported machinery parts due to limited domestic heavy manufacturing capacity, essential for agriculture, energy, and industry.

Table: HS Code 84 Detailed Breakdown

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

• Primary product: Vehicle parts and accessories (HS 8708, $3.67B, 41.0% of sector).
• Acts as a complement: Supports local automotive assembly and maintenance, feeding into transport and logistics chains.
• Strategic importance: Sustains Argentina’s auto industry—a key employment sector—by supplying components not produced domestically.

Table: HS Code 87 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

• Primary product: Telephone sets and communication devices (HS 8517, $1.47B, 24.0% of sector).
• Role: Emerging growth—driven by demand for consumer electronics and digital infrastructure.
• Analysis: Points to increasing integration into global tech supply chains and modernization of domestic telecom networks.

Table: HS Code 85 Detailed Breakdown

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Frequently Asked Questions

What is Argentina's largest import commodity in 2024 Whole Year?

The largest import category is Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS 84), valued at $9.66B. This sector is primarily driven by imports of Diesel engines (HS 8408), accounting for 7.10% of the total value.

Which specific Nuclear Reactors and Machinery products does Argentina import most in 2024 Whole Year?

Within the HS 84 sector, the top imports are Diesel engines (HS 8408, $685.89M), Automatic data processing machines (HS 8471, $682.34M), and Valves for pipes (HS 8481, $611.19M), which together account for 20.49% of the sector’s total imports.

Does Argentina import Vehicles in 2024 Whole Year?

Yes, Vehicles (HS 87) are the second-largest import sector, valued at $8.96B. The primary driver is Parts & accessories for vehicles (HS 8708), making up 41.00% ($3.67B) 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, $9.66B) and vehicles (HS 87, $8.96B), followed by electrical machinery (HS 85, $6.12B). Together, these three sectors account for 40.69% of total imports.

How to find Argentina Machinery (HS 84) 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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