2022
Flag  
GDP
$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH
15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
 GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC 
$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH
4.61%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186

About

Argentina-United Kingdom Trade: In 2022, Argentina exported $925M to United Kingdom. The main products that Argentina exported to United Kingdom were Soybean Meal ($283M), Other Vegetable Residues and Waste ($111M), and Wine ($110M). Over the past 5 years the exports of Argentina to United Kingdom have increased at an annualized rate of 1.54%, from $857M in 2017 to $925M in 2022.

In 2022, Argentina did not export any services to United Kingdom.

United Kingdom-Argentina Trade: In 2022, United Kingdom exported $667M to Argentina. The main products that United Kingdom exported to Argentina were Platinum ($132M), Refined Petroleum ($60.4M), and Vaccines, blood, antisera, toxins and cultures ($39.9M). Over the past 5 years the exports of United Kingdom to Argentina have increased at an annualized rate of 6.68%,  from $483M in 2017 to $667M in 2022.

In 2019, United Kingdom exported services to Argentina worth $435M, with Travel ($267M), Transportation ($63.7M), and Government services, n.i.e. ($33.1M) 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Argentina exported $925M to United Kingdom. The main products exported from Argentina to United Kingdom were Soybean Meal ($283M), Other Vegetable Residues and Waste ($111M), and Wine ($110M). During the last 5 years the exports of Argentina to United Kingdom have increased at an annualized rate of 1.54%, from $857M in 2017 to $925M in 2022.

In 2017, United Kingdom exported $667M to Argentina. The main products exported from United Kingdom to Argentina were Platinum ($132M), Refined Petroleum ($60.4M), and Vaccines, blood, antisera, toxins and cultures ($39.9M). During the last 5 years the exports of United Kingdom to Argentina have increased at an annualized rate of 6.68%, from $483M in 2022 to $667M in 2017.

Exports from Argentina (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Argentina (Flag) (2022)

Latest Data

Trade between Argentina (Flag) and United Kingdom (Flag)

Argentina Exports

United Kingdom Exports

Market Competitiveness

Color
Argentina
Top Destination
Brazil$12.6B
United Kingdom
Top Destination
United States$61.8B

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

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

In 2022, countries that imported more from United Kingdom than Argentina included United States ($61.8B), Germany ($40.6B), and Netherlands ($41.9B).

Difference in imports from United Kingdom (Flag) and Argentina (Flag) (2022)

Comparative Advantage Argentina - United Kingdom

Flow
Scale

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

During 2022, Argentina had a large net trade with United Kingdom in the exports of Foodstuffs ($631M), Vegetable Products ($129M), and Mineral Products ($80.8M).

During 2017, United Kingdom had a large net trade with Argentina in the exports of Chemical Products ($188M), Precious Metals ($132M), and Machines ($121M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina United Kingdom+$65.5MCrude Petroleum
Top Product Potential United Kingdom Argentina+$60.4MRefined 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 2019, United Kingdom exported services to Argentina worth $435M, with Travel ($267M), Transportation ($63.7M), and Government services, n.i.e. ($33.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom (Flag) to Argentina (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Argentina (Flag) and United Kingdom (Flag) (2022)

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