Argentina (ARG) and China (CHN) Trade | The Observatory of Economic Complexity

About

Argentina-China Trade: In 2023, Argentina exported $5.36B to China. The main products that Argentina exported to China were Frozen Bovine Meat ($1.7B), Soybeans ($949M), and Barley ($637M). Over the past 5 years the exports of Argentina to China have increased at an annualized rate of 4.31%, from $4.34B in 2018 to $5.36B in 2023.

In 2023, Argentina did not export any services to China.

China-Argentina Trade: In 2023, China exported $14.6B to Argentina. The main products that China exported to Argentina were Telephones ($801M), Computers ($522M), and Broadcasting Equipment ($506M). Over the past 5 years the exports of China to Argentina have increased at an annualized rate of 3.55%, from $12.2B in 2018 to $14.6B in 2023.

In 2023, China did not export any services to Argentina.

Comparison: In 2023, Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B). That same year, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Argentina exported $5.36B to China. The main products exported from Argentina to China were Frozen Bovine Meat ($1.7B), Soybeans ($949M), and Barley ($637M). During the last 5 years the exports of Argentina to China have increased at an annualized rate of 4.31%, from $4.34B in 2018 to $5.36B in 2023.

In 2018, China exported $14.6B to Argentina. The main products exported from China to Argentina were Telephones ($801M), Computers ($522M), and Broadcasting Equipment ($506M). During the last 5 years the exports of China to Argentina have increased at an annualized rate of 3.55%, from $12.2B in 2023 to $14.6B in 2018.

Exports from Argentina () to China () (2023)

Exports from China () to Argentina () (2023)

Latest Data

Trade between Argentina () and China ()

Argentina Exports

Date

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Argentina
Top DestinationBrazil$12.1B

China
Top DestinationUnited States$436B

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

In 2023, countries that imported more from Argentina than China included Saint Martin ($76.7k).

In 2023, countries that imported more from China than Argentina included United States ($436B), Hong Kong ($259B), and Japan ($169B).

Difference in imports from China () and Argentina () (2023)

Comparative Advantage Argentina - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Argentina had a large net trade with China in the exports of Animal Products ($2.05B), Vegetable Products ($1.83B), and Chemical Products ($477M).

During 2018, China had a large net trade with Argentina in the exports of Machines ($7.27B), Chemical Products ($2.29B), and Plastics and Rubbers ($807M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Argentina China+$109MSoybeans

Top Product Potential China Argentina+$325MTelephones

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Argentina () to China () (2023)

Exports from China () to Argentina () (2023)

Latest Data

Trade between Argentina () and China ()

Argentina Exports

China Exports

Market Competitiveness

Difference in imports from China () and Argentina () (2023)

Comparative Advantage Argentina - China

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Argentina () and China () (2023)

Keep Exploring