2022
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GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
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GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
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 GDP
$633BCURRENT US$
Rnk 22 / 186
2012-2022
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GDP GROWTH
15.9%CURRENT US$
Rnk 134 / 186
2022
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GDP PC 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
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GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186
2022
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GDP PC
$13,686CURRENT US$
Rnk 65 / 186
2012-2022
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GDP PC GROWTH
4.61%CURRENT US$
Rnk 129 / 186

About

India-Argentina In 2022, India exported $1.66B to Argentina. The main products that India exported to Argentina are Refined Petroleum ($403M), Motorcycles and cycles ($79.7M), and Nitrogen Heterocyclic Compounds ($63.5M). During the last 27 years the exports of India to Argentina have increased at an annualized rate of 12.7%, from $66.1M in 1995 to $1.66B in 2022.

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

Argentina-India In 2022, Argentina exported $4.38B to India. The main products that Argentina exported to India were Soybean Oil ($3.1B), Seed Oils ($694M), and Gold ($229M). During the last 27 years the exports of Argentina to India have increased at an annualized rate of 12.5%, from $180M in 1995 to $4.38B in 2022.

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

Comparison In 2022,  India ranked 42 in the Economic Complexity Index (ECI 0.57), and 15 in total exports ($468B). That same year, Argentina ranked 56 in the Economic Complexity Index (ECI 0.11), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $1.66B to Argentina. The main products exported from India to Argentina were Refined Petroleum ($403M), Motorcycles and cycles ($79.7M), and Nitrogen Heterocyclic Compounds ($63.5M). During the last 27 years the exports of India to Argentina have increased at an annualized rate of 12.7%, from $66.1M in 1995 to $1.66B in 2022.

In 2022, Argentina exported $4.38B to India. The main products exported from Argentina to India were Soybean Oil ($3.1B), Seed Oils ($694M), and Gold ($229M). During the last 27 years the exports of Argentina to India have increased at an annualized rate of 12.5%, from $180M in 1995 to $4.38B in 2022.

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

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

Market Competitiveness

Color
India
Top Destination
United States$82.9B
Argentina
Top Destination
Brazil$12.6B

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

In 2021, countries that imported more from India than Argentina were United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2021, countries that imported more from Argentina than India were Chile ($5.11B), Brazil ($12.6B), and Peru ($2.49B).

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

Comparative Advantage India - Argentina

Flow
Scale

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

During 2022, India had a large net trade with Argentina in the exports of Chemical Products ($473M), Mineral Products ($405M), and Machines ($180M).

During 2022, Argentina had a large net trade with India in the exports of Animal and Vegetable Bi-Products ($3.79B), Precious Metals ($229M), and Vegetable Products ($71.1M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more India has comparative advantage over Argentina. Similarly, the more yellow a dot/product is, the more Argentina has comparative advantage over India.

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

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