Flag India / Argentina Flag

2021
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Exports
: $1.31B, Rnk 46 / 214

2021
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Top Product
: $297M, Refined Petroleum

2021
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Exports
: $4.19B, Rnk 4 / 165

2021
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Top Product
: $3.31B, Soybean Oil

2021
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Economic Complexity (ECI)
: ECI 0.61, Rnk 41 / 131

2021
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Economic Complexity (ECI)
: ECI 0.074, Rnk 60 / 131

2021
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GDP
: $3.17T, CURRENT US$
Rnk 6 / 182

2011-2021
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GDP GROWTH
: 74.1%, CURRENT US$
Rnk 26 / 182

2021
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 GDP
: $491B, CURRENT US$
Rnk 26 / 182

2011-2021
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GDP GROWTH
: -7.29%, CURRENT US$
Rnk 161 / 182

2021
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GDP PC 
: $2,277, CURRENT US$
Rnk 137 / 182

2011-2021
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GDP PC GROWTH
: 56.2%, CURRENT US$
Rnk 20 / 182

2021
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GDP PC
: $10,729, CURRENT US$
Rnk 64 / 182

2011-2021
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GDP PC GROWTH
: -16.5%, CURRENT US$
Rnk 159 / 182

India-Argentina In 2021, India exported $1.31B to Argentina. The main products that India exported to Argentina are Refined Petroleum ($297M), Nitrogen Heterocyclic Compounds ($60.4M), and Motorcycles and cycles ($59.6M). During the last 26 years the exports of India to Argentina have increased at an annualized rate of 12.2%, from $65.4M in 1995 to $1.31B in 2021.

In 2021, India did not export any services to Argentina.

Argentina-India In 2021, Argentina exported $4.19B to India. The main products that Argentina exported to India were Soybean Oil ($3.31B), Gold ($538M), and Seed Oils ($102M). During the last 26 years the exports of Argentina to India have increased at an annualized rate of 12.9%, from $178M in 1995 to $4.19B in 2021.

In 2021, Argentina did not export any services to India.

Comparison In 2021,  India ranked 41 in the Economic Complexity Index (ECI 0.61), and 14 in total exports ($403B). That same year, Argentina ranked 60 in the Economic Complexity Index (ECI 0.074), and 48 in total exports ($68.7B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, India exported $1.31B to Argentina. The main products exported from India to Argentina were Refined Petroleum ($297M), Nitrogen Heterocyclic Compounds ($60.4M), and Motorcycles and cycles ($59.6M). During the last 26 years the exports of India to Argentina have increased at an annualized rate of 12.2%, from $65.4M in 1995 to $1.31B in 2021.

In 2021, Argentina exported $4.19B to India. The main products exported from Argentina to India were Soybean Oil ($3.31B), Gold ($538M), and Seed Oils ($102M). During the last 26 years the exports of Argentina to India have increased at an annualized rate of 12.9%, from $178M in 1995 to $4.19B in 2021.

Argentina Exports

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Market Competitiveness

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Color

India
Top Destination
: United States, $71.2B

Argentina
Top Destination
: Brazil, $11.2B

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 ($71.2B), United Arab Emirates ($25.4B), and China ($23.1B).

In 2021, countries that imported more from Argentina than India were Brazil ($11.2B), Chile ($3.93B), and Uruguay ($1.18B).

Comparative Advantage India - Argentina

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Flow
Scale

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

During 2021, India had a large net trade with Argentina in the exports of Chemical Products ($398M), Mineral Products ($299M), and Textiles ($125M).

During 2021, Argentina had a large net trade with India in the exports of Animal and Vegetable Bi-Products ($3.41B), Precious Metals ($538M), and Foodstuffs ($80.5M).

Economic Complexity

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Competitive Landscape

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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.