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2022
Flag → Flag
Exports $706MRnk 29 / 168
2022
Flag → Flag
Top Product $133MSilver
2022
Flag → Flag
Exports $360MRnk 49 / 215
2022
Flag → Flag
Top Product $58.9MIron Ore
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
Flag  
GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
 GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC $13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186

About

Argentina-Canada Trade: In 2022, Argentina exported $706M to Canada. The main products that Argentina exported to Canada were Silver ($133M), Iron Pipes ($98.2M), and Steel Ingots ($89.8M). Over the past 5 years the exports of Argentina to Canada have decreased at an annualized rate of 12.4%, from $1.37B in 2017 to $706M in 2022.

In 2022, Argentina did not export any services to Canada.

Canada-Argentina Trade: In 2022, Canada exported $360M to Argentina. The main products that Canada exported to Argentina were Iron Ore ($58.9M), Packaged Medicaments ($32.7M), and Refined Petroleum ($24.6M). Over the past 5 years the exports of Canada to Argentina have decreased at an annualized rate of 5.73%,  from $484M in 2017 to $360M in 2022.

In 2020, Canada exported services to Argentina worth $37.3M, with Travel ($11.9M), Royalties and license fees ($7.46M), and Transportation ($5.22M) being the largest in terms of value.

Comparison: In 2022,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B). That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Argentina exported $706M to Canada. The main products exported from Argentina to Canada were Silver ($133M), Iron Pipes ($98.2M), and Steel Ingots ($89.8M). During the last 5 years the exports of Argentina to Canada have decreased at an annualized rate of 12.4%, from $1.37B in 2017 to $706M in 2022.

In 2017, Canada exported $360M to Argentina. The main products exported from Canada to Argentina were Iron Ore ($58.9M), Packaged Medicaments ($32.7M), and Refined Petroleum ($24.6M). During the last 5 years the exports of Canada to Argentina have decreased at an annualized rate of 5.73%, from $484M in 2022 to $360M in 2017.

Exports from Argentina (Flag) to Canada (Flag) (2022)

Exports from Canada (Flag) to Argentina (Flag) (2022)

Latest Data

Trade between Argentina (Flag) and Canada (Flag)

Argentina Exports

Canada Exports

Market Competitiveness

Color
Argentina
Top DestinationBrazil$12.6B
Canada
Top DestinationUnited States$438B

This map shows whether countries import more from Argentina or Canada. Each country is colored based on the difference in imports they receive from Argentina and Canada or the difference in the growth in imports.

In 2022, countries that imported more from Argentina than Canada included Brazil ($12.6B), Chile ($5.11B), and Vietnam ($3.25B).

In 2022, countries that imported more from Canada than Argentina included United States ($438B), China ($25.4B), and Japan ($14.3B).

Difference in imports from Canada (Flag) and Argentina (Flag) (2022)

Comparative Advantage Argentina - Canada

Flow
Scale

This chart compares trade between Argentina and Canada by product, considering products traded by both, Argentina and Canada.

During 2022, Argentina had a large net trade with Canada in the exports of Metals ($244M), Precious Metals ($191M), and Foodstuffs ($80.1M).

During 2017, Canada had a large net trade with Argentina in the exports of Machines ($108M), Mineral Products ($86.9M), and Chemical Products ($71.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Canada+$9.13MGold
Top Product Potential Canada Argentina+$33.7MRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, Canada exported services to Argentina worth $37.3M, with Travel ($11.9M), Royalties and license fees ($7.46M), and Transportation ($5.22M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada (Flag) to Argentina (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Argentina and Canada. This means that a dot/product with the flag of Argentina indicates it has a comparative advantage over Canada. Similarly, a dot/product with the flag of Canada indicates it has a comparative advantage over Argentina.

Product Space of Argentina (Flag) and Canada (Flag) (2022)

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