Complex sentence: During Argentina's bilateral trade deficit, not all of Argentina's soybean products were exported to China; in 2012, India was the most important importer of Argentine soy oil, followed by China, some European countries, Iran, and Peru.
Split into simpler sentences: During Argentina's trade deficit, not all of Argentina's soybean products were exported to China. In 2012, India was an important importer of Argentine soy oil, followed by China, some European countries, Iran, and Peru.