Argentina Top 10 Import Origin Countries in 2024 Q2

Argentina's top import origin in Q2 2024 was Brazil (22.06%), with China and U.S. rounding out the top 3. yTrade data shows balanced sourcing with no single supplier exceeding 25% market share.

Argentina Top Import Origins and Sourcing Dependency in 2024 Q2

  • Brazil dominates Argentina's import sources, accounting for 22.06% ($3.18B) of total imports, solidifying its role as the primary supplier.
  • Top 3 partners (Brazil, China, U.S.) represent 49.44% of imports, indicating moderate concentration risk but regional diversification.
  • Argentina's major suppliers include Paraguay (7.12%, $1.03B) and Germany (4.23%, $609M), reflecting a mix of regional and global trade ties.
  • Supply chain stability appears balanced—no single supplier exceeds 25%, reducing over-reliance on any one market.

Table: Argentina Top Origin Countries in 2024 Q2 (Source: yTrade)

Origin CountriesValuePercent
Brazil3.18B22.06%
Mainland China2.17B15.05%
United States1.78B12.33%
Paraguay1.03B7.12%
Germany609.08M4.23%
Thailand401.50M2.79%
Mexico353.63M2.45%
India336.30M2.33%
Italy318.61M2.21%
Japan280.84M1.95%

Get Complete Argentina Import Origin Countries Profile

Argentina - Key Origin Country Trading Product Pattern

  • Brazil (22.06%): As Argentina's primary import source, Brazil supplies a wide range of manufactured goods, automotive parts, machinery, and electronics, reflecting its dominant industrial base in the region.
  • Mainland China (15.05%): China is a major supplier of consumer electronics, industrial equipment, textiles, and a vast array of manufactured products, leveraging its massive export manufacturing sector.
  • United States (12.33%): The U.S. exports high-value machinery, technology products, chemicals, and aircraft parts to Argentina, capitalizing on its advanced technological and industrial capabilities.
  • Paraguay (7.12%): Paraguay primarily supplies electricity, agricultural products, and low-cost manufactured goods, benefiting from its energy production and proximity to Argentine markets.
  • Germany (4.23%): Germany exports high-end machinery, automotive components, and chemical products, consistent with its strength in precision engineering and advanced manufacturing.
  • Thailand (2.79%): Thailand provides electronics, automotive parts, and rubber products, drawing on its established export-oriented manufacturing and agricultural processing industries.

Frequently Asked Questions

Which countries supply most of Argentina's imports in 2024 Q2?

Brazil (22.06%), Mainland China (15.05%), and the United States (12.33%) are Argentina's top import suppliers.

Does Argentina rely heavily on a single import supplier?

Brazil is Argentina's primary import source, accounting for 22.06% of total imports in Q2 2024.

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