India (IND) and Argentina (ARG) Trade | OEC - The Observatory of Economic Complexity

About

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

Bilateral Trade by Products

Depth

Value

Year

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.

Latest Data

India Exports

Date

Argentina Exports

Date

Market Competitiveness

Color

SectionYear

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

Flow

Scale

Year

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

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Latest Data

India Exports

Argentina Exports

Market Competitiveness

Comparative Advantage India - Argentina

Economic Complexity

Competitive Landscape

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