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2022
Flag → Flag
Exports $342MRnk 44 / 168
2022
Flag → Flag
Top Product $70.7MEdible Offal
2022
Flag → Flag
Exports $242MRnk 79 / 138
2022
Flag → Flag
Top Product $91.7MNitrogenous Fertilizers
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.43Rnk 47 / 133
2022
Flag  
GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
 GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH1.45%CURRENT US$
Rnk 164 / 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$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186

About

Argentina-Russia Trade: In 2022, Argentina exported $342M to Russia. The main products that Argentina exported to Russia were Edible Offal ($70.7M), Butter ($44.5M), and Citrus ($38.5M). Over the past 5 years the exports of Argentina to Russia have decreased at an annualized rate of 10%, from $579M in 2017 to $342M in 2022.

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

Russia-Argentina Trade: In 2022, Russia exported $242M to Argentina. The main products that Russia exported to Argentina were Nitrogenous Fertilizers ($91.7M), Refined Petroleum ($39.2M), and Mixed Mineral or Chemical Fertilizers ($32.2M). Over the past 5 years the exports of Russia to Argentina have decreased at an annualized rate of 2.67%,  from $278M in 2017 to $242M in 2022.

In 2020, Russia exported services to Argentina worth $1.91M, with Transportation ($795k), Other business services ($736k), and Royalties and license fees ($218k) 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, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Argentina exported $342M to Russia. The main products exported from Argentina to Russia were Edible Offal ($70.7M), Butter ($44.5M), and Citrus ($38.5M). During the last 5 years the exports of Argentina to Russia have decreased at an annualized rate of 10%, from $579M in 2017 to $342M in 2022.

In 2017, Russia exported $242M to Argentina. The main products exported from Russia to Argentina were Nitrogenous Fertilizers ($91.7M), Refined Petroleum ($39.2M), and Mixed Mineral or Chemical Fertilizers ($32.2M). During the last 5 years the exports of Russia to Argentina have decreased at an annualized rate of 2.67%, from $278M in 2022 to $242M in 2017.

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

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

Latest Data

Trade between Argentina (Flag) and Russia (Flag)

Argentina Exports

Russia Exports

Market Competitiveness

Color
Argentina
Top DestinationBrazil$12.6B
Russia
Top DestinationChina$101B

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

In 2022, countries that imported more from Argentina than Russia included Brazil ($12.6B), Chile ($5.11B), and Peru ($2.49B).

In 2022, countries that imported more from Russia than Argentina included China ($101B), India ($40.4B), and Germany ($27.7B).

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

Comparative Advantage Argentina - Russia

Flow
Scale

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

During 2022, Argentina had a large net trade with Russia in the exports of Animal Products ($225M), Vegetable Products ($104M), and Foodstuffs ($6.86M).

During 2017, Russia had a large net trade with Argentina in the exports of Chemical Products ($156M), Mineral Products ($44.2M), and Plastics and Rubbers ($16.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Russia+$7.89kCars
Top Product Potential Russia Argentina+$11.9kRefined 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, Russia exported services to Argentina worth $1.91M, with Transportation ($795k), Other business services ($736k), and Royalties and license fees ($218k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (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 Russia. This means that a dot/product with the flag of Argentina indicates it has a comparative advantage over Russia. Similarly, a dot/product with the flag of Russia indicates it has a comparative advantage over Argentina.

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

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