Insights for Argentina

MoM insights: In the month-on-month analysis, imports from the United States saw a significant increase of 52.1M USD, representing a 12.55% rise. China also contributed positively with an increase of 43.06M USD (2.91%). Spain's imports rose sharply by 34.76M USD, marking a 43.42% increase. On the downside, imports from Paraguay dropped drastically by 99.28M USD, a decline of 49.50%. Mexico and Brazil also saw decreases of 94.07M USD (-45.75%) and 77.83M USD (-6.41%) respectively. In exports, the United States led with a remarkable increase of 318.68M USD (34.18%), followed by Bangladesh with 122.69M USD (150.64%) and Indonesia with 103.09M USD (91.74%). Conversely, exports to China fell by 659.6M USD (-45.72%), while exports to the Netherlands and Mexico decreased by 100.12M USD (-33.48%) and 84.86M USD (-58.41%) respectively.

YoY insights: Year-on-year, imports from China increased by 314.25M USD (26.04%), while unclassified imports rose by 69.92M USD (116.57%). Spain's imports also grew by 39.35M USD (52.13%). However, imports from Brazil decreased by 219.28M USD (-16.16%), and the United States saw a decline of 64.75M USD (-12.17%). In exports, the United States experienced a substantial increase of 667.63M USD (114.44%), with China following closely with an increase of 414.23M USD (112.26%). Morocco's exports rose by 150.61M USD (25.95%). On the contrary, exports to Brazil fell by 303.34M USD (-20.83%), and Chile's exports decreased by 271.39M USD (-35.74%).