Argentina (ARG) and Greece (GRC) Trade | The Observatory of Economic Complexity

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Argentina-Greece Trade: In 2023, Argentina exported $299M to Greece. The main products that Argentina exported to Greece were Soybean Meal ($246M), Ground Nuts ($20.7M), and Citrus ($9.01M). Over the past 5 years the exports of Argentina to Greece have increased at an annualized rate of 12.7%, from $165M in 2018 to $299M in 2023.

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

Greece-Argentina Trade: In 2023, Greece exported $130M to Argentina. The main products that Greece exported to Argentina were Refined Petroleum ($42.6M), Petroleum Coke ($37.3M), and Other Large Iron Pipes ($36.3M). Over the past 5 years the exports of Greece to Argentina have increased at an annualized rate of 25.1%, from $42.4M in 2018 to $130M in 2023.

In 2020, Greece exported services to Argentina worth $285M, with Transportation ($282M), Travel ($2.28M), and Personal, cultural, and recreational services ($343k) being the largest in terms of value.

Comparison: In 2023, Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B). That same year, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Argentina exported $299M to Greece. The main products exported from Argentina to Greece were Soybean Meal ($246M), Ground Nuts ($20.7M), and Citrus ($9.01M). During the last 5 years the exports of Argentina to Greece have increased at an annualized rate of 12.7%, from $165M in 2018 to $299M in 2023.

In 2018, Greece exported $130M to Argentina. The main products exported from Greece to Argentina were Refined Petroleum ($42.6M), Petroleum Coke ($37.3M), and Other Large Iron Pipes ($36.3M). During the last 5 years the exports of Greece to Argentina have increased at an annualized rate of 25.1%, from $42.4M in 2023 to $130M in 2018.

Exports from Argentina () to Greece () (2023)

Exports from Greece () to Argentina () (2023)

Latest Data

Trade between Argentina () and Greece ()

Argentina Exports

Date

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Argentina
Top DestinationBrazil$12.1B

Greece
Top DestinationItaly$6.21B

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

In 2023, countries that imported more from Argentina than Greece included Brazil ($12.1B), Chile ($5.57B), and China ($5.36B).

In 2023, countries that imported more from Greece than Argentina included Italy ($6.21B), Cyprus ($3.03B), and Bulgaria ($2.38B).

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

Comparative Advantage Argentina - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Argentina had a large net trade with Greece in the exports of Foodstuffs ($248M), Vegetable Products ($33.9M), and Animal Products ($13.9M).

During 2018, Greece had a large net trade with Argentina in the exports of Mineral Products ($80M), Metals ($41M), and Chemical Products ($3.05M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Argentina Greece+$2.87MCorn

Top Product Potential Greece Argentina+$8.03MRefined 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

Grc Year

In 2020, Greece exported services to Argentina worth $285M, with Transportation ($282M), Travel ($2.28M), and Personal, cultural, and recreational services ($343k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Greece () to Argentina () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Argentina () to Greece () (2023)

Exports from Greece () to Argentina () (2023)

Latest Data

Trade between Argentina () and Greece ()

Argentina Exports

Greece Exports

Market Competitiveness

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

Comparative Advantage Argentina - Greece

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Greece () to Argentina () (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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