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2023
Flag → Flag
Exports $774MRnk 23 / 168
2023
Flag → Flag
Top Product $255MSoybean Meal
2023
Flag → Flag
Exports $279MRnk 60 / 182
2023
Flag → Flag
Top Product $235MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.043Rnk 61 / 132
2023
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Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag  
GDP$646BCURRENT US$
Rnk 22 / 195
2013-2023
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GDP GROWTH17%CURRENT US$
Rnk 148 / 195
2023
Flag
 GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH41.6%CURRENT US$
Rnk 90 / 195
2023
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GDP PC $14,187CURRENT US$
Rnk 73 / 195
2013-2023
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GDP PC GROWTH9.44%CURRENT US$
Rnk 135 / 195
2023
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GDP PC$32,094CURRENT US$
Rnk 44 / 196
2013-2023
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GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195

About

Argentina-Saudi Arabia Trade: In 2023, Argentina exported $774M to Saudi Arabia. The main products that Argentina exported to Saudi Arabia were Soybean Meal ($255M), Corn ($235M), and Iron Pipes ($83.6M). Over the past 5 years the exports of Argentina to Saudi Arabia have decreased at an annualized rate of 4.33%, from $966M in 2018 to $774M in 2023.

In 2023, Argentina did not export any services to Saudi Arabia.

Saudi Arabia-Argentina Trade: In 2023, Saudi Arabia exported $279M to Argentina. The main products that Saudi Arabia exported to Argentina were Refined Petroleum ($235M), Ethylene Polymers ($14.3M), and Propylene Polymers ($9.59M). Over the past 5 years the exports of Saudi Arabia to Argentina have decreased at an annualized rate of 0.9%,  from $292M in 2018 to $279M in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Argentina exported $774M to Saudi Arabia. The main products exported from Argentina to Saudi Arabia were Soybean Meal ($255M), Corn ($235M), and Iron Pipes ($83.6M). During the last 5 years the exports of Argentina to Saudi Arabia have decreased at an annualized rate of 4.33%, from $966M in 2018 to $774M in 2023.

In 2018, Saudi Arabia exported $279M to Argentina. The main products exported from Saudi Arabia to Argentina were Refined Petroleum ($235M), Ethylene Polymers ($14.3M), and Propylene Polymers ($9.59M). During the last 5 years the exports of Saudi Arabia to Argentina have decreased at an annualized rate of 0.9%, from $292M in 2023 to $279M in 2018.

Exports from Argentina (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Argentina (Flag) (2023)

Latest Data

Trade between Argentina (Flag) and Saudi Arabia (Flag)

Argentina Exports

Saudi Arabia Exports

Market Competitiveness

Color
Argentina
Top DestinationBrazil$12.1B
Saudi Arabia
Top DestinationChina$64.4B

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

In 2023, countries that imported more from Argentina than Saudi Arabia included Brazil ($12.1B), Chile ($5.57B), and Peru ($2.55B).

In 2023, countries that imported more from Saudi Arabia than Argentina included China ($64.4B), Japan ($34.7B), and India ($34.8B).

Difference in imports from Saudi Arabia (Flag) and Argentina (Flag) (2023)

Comparative Advantage Argentina - Saudi Arabia

Flow
Scale

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

During 2023, Argentina had a large net trade with Saudi Arabia in the exports of Foodstuffs ($298M), Vegetable Products ($285M), and Metals ($103M).

During 2018, Saudi Arabia had a large net trade with Argentina in the exports of Mineral Products ($241M), Plastics and Rubbers ($27M), and Chemical Products ($7.78M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Saudi Arabia+$8.02kCars
Top Product Potential Saudi Arabia Argentina+$10.2kRefined 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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Economic Complexity

Competitive Landscape

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

Product Space of Argentina (Flag) and Saudi Arabia (Flag) (2023)

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