Argentina

ECON COMPLEXITY (2018)

0.22

RANK 57 OF 137

PRODUCT EXPORTS (2018)

$60.8B

RANK 42 OF 222

EXPORTS PER CAPITA (2018)

$1.37K

RANK 178 OF 219

PRODUCT IMPORTS (2018)

$62.5B

RANK 47 OF 221

IMPORTS PER CAPITA (2018)

$1.4K

RANK 197 of 219

SERVICE EXPORTS (2018)

$14.6B

RANK 25 OF 88

SERVICE IMPORTS (2018)

$23.7B

RANK 24 OF 88

GDP (2018)

$520B

CURRENT US$
RANK 24 OF 196

GDP GROWTH (2008-2018)

43.8%

CURRENT US$
RANK 91 OF 196

GDP PC (2018)

$11,684

CURRENT US$
RANK 66 OF 196

GDP PC GROWTH (2008-2018)

29.5%

Overview: In 2018 Argentina was the number 24 economy in the world in terms of GDP (current US$), the number 49 in total exports, the number 47 in total imports, and the number 57 most complex economy according to the Economic Complexity Index (ECI). In 2018, Argentina exported $60.8B and imported $62.5B, resulting in a negative trade balance of -$1.7B. In 2018, Argentina’s exports per capita were $1.37k and its imports per capita were $1.4k.

Trade: The top exports of Argentina are Soybean Meal ($9.2B), Corn($4.44B), Delivery Trucks ($3.94B), Soybean Oil ($2.95B), andcWheat($2.49B). The top imports of Argentina are Cars ($5.05B), Refined Petroleum ($2.93B), Vehicle Parts ($2.85B), Petroleum Gas ($2.4B), and Soybeans ($2.36B).

Destinations: Argentina exports mostly to Brazil ($11B), China($4.34B), United States ($4.23B), Chile ($3.05B), and Vietnam ($2.08B), and imports mostly from Brazil ($15B), China ($10.8B), United States($8.21B), Germany ($3.47B), and Paraguay ($1.73B).

Location: Argentina borders Bolivia, Brazil, Chile, Paraguay, and Uruguay by land and Falkland Islands by sea.

Exports

In 2018 Argentina exported a total of $60.8B, making it the number 49 exporter in the world. During the last five reported years the exports of Argentina have changed by -$17B from $77.7B in 2013 to $60.8B in 2018.

The most recent exports are led by Soybean Meal ($9.2B), Corn ($4.44B), Delivery Trucks ($3.94B), Soybean Oil ($2.95B), and Wheat ($2.49B).

Imports

In 2018 Argentina imported $62.5B, making it the number 47 trade destination in the world. During the last five reported years the imports of Argentina changed by -$11B from $73.5B in 2013 to $62.5B in 2018.

The most recent imports of Argentina are led by Cars ($5.05B), Refined Petroleum ($2.93B), Vehicle Parts ($2.85B), Petroleum Gas ($2.4B), and Soybeans ($2.36B).

Trade Balance

As of 2018 Argentina had a negative trade balance of $7.25B in net imports. As compared to their trade balance in 1995 when they still had a negative trade balance of $228M in net imports.

Destinations

The most common destination for the exports of Argentina are Brazil ($11B), China ($4.34B), United States ($4.23B), Chile ($3.05B), and Vietnam ($2.08B).

Origins

The most common import partners for Argentina are Brazil ($15B), China ($10.8B), United States ($8.21B), Germany ($3.47B), and Paraguay ($1.73B).