Flag India / Argentina Flag

2019
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Exports
: $758M, Rnk 63 / 219

2019
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Top Product
: $104M, Refined Petroleum

2019
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Exports
: $2.15B, Rnk 6 / 169

2019
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Top Product
: $1.64B, Soybean Oil

2019
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Economic Complexity (ECI)
: ECI 0.59, Rnk 44 / 146

2019
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Economic Complexity (ECI)
: ECI 0.19, Rnk 59 / 146

2019
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GDP
: $2.87T, CURRENT US$
Rnk 5 / 187

2009-2019
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GDP GROWTH
: 114%, CURRENT US$
Rnk 25 / 187

2019
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 GDP
: $445B, CURRENT US$
Rnk 26 / 187

2009-2019
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GDP GROWTH
: 33.8%, CURRENT US$
Rnk 120 / 187

2019
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GDP PC 
: $2,100, CURRENT US$
Rnk 142 / 187

2009-2019
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GDP PC GROWTH
: 90.5%, CURRENT US$
Rnk 19 / 187

2019
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GDP PC
: $9,912, CURRENT US$
Rnk 73 / 187

2009-2019
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GDP PC GROWTH
: 20.5%, CURRENT US$
Rnk 114 / 187

India-Argentina In 2019, India exported $758M to Argentina. The main products that India exported to Argentina are Refined Petroleum ($104M), Nitrogen Heterocyclic Compounds ($42.6M), and Pesticides ($42.3M). During the last 24 years the exports of India to Argentina have increased at an annualized rate of 10.8%, from $64.3M in 1995 to $758M in 2019.

In 2019, India did not export any services to Argentina.

Argentina-India In 2019, Argentina exported $2.15B to India . The main products that Argentina exported to India were Soybean Oil ($1.64B), Gold ($157M), and Seed Oils ($124M). During the last 24 years the exports of Argentina to India have increased at an annualized rate of 10.9%, from $178M in 1995 to $2.15B in 2019.

In 2019, Argentina did not export any services to India.

Comparison In 2019,  India ranked 44 in the Economic Complexity Index (ECI 0.59), and 15 in total exports ($330B). That same year, Argentina ranked 59 in the Economic Complexity Index (ECI 0.19), and 46 in total exports ($64B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, India exported $758M to Argentina. The main products exported from India to Argentina were Refined Petroleum ($104M), Nitrogen Heterocyclic Compounds ($42.6M), and Pesticides ($42.3M). During the last 24 years the exports of India to Argentina have increased at an annualized rate of 10.8%, from $64.3M in 1995 to $758M in 2019.

In 2019, Argentina exported $2.15B to India. The main products exported from Argentina to India were Soybean Oil ($1.64B), Gold ($157M), and Seed Oils ($124M). During the last 24 years the exports of Argentina to India have increased at an annualized rate of 10.9%, from $178M in 1995 to $2.15B in 2019.

Argentina Exports

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Market Competitiveness

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Measure

India
Top Destination
: United States, $55.3B

Argentina
Top Destination
: Brazil, $10.3B

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 2019, countries that imported more from India than Argentina were United States ($55.3B), United Arab Emirates ($28.6B), and Hong Kong ($11.5B).

In 2019, countries that imported more from Argentina than India were Brazil ($10.3B), Chile ($3.15B), and Paraguay ($1.07B).

Comparative Advantage India - Argentina

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Depth

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

During 2019, India had a large net trade with Argentina in the exports of Chemical Products ($301M), Mineral Products ($105M), and Machines ($95.1M).

During 2019, Argentina had a large net trade with India in the exports of Animal and Vegetable Bi-Products ($1.76B), Precious Metals ($157M), and Animal Hides ($56.2M).

Tariff Section

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This section shows import tariffs for products traded between India and Argentina (using the HS6 product classification and the last year reported).

In 2018, the products from India that paid the highest import tariffs to enter Argentina were Food preparations nes (150%) and Grape wines, sparkling (150%).

In 2018, the products from Argentina that paid the highest import tariffs to enter India were Coffee, roasted, not decaffeinated (35%) and Veg fats, oils or fractions hydrogenated, esterified (35%).

*The tariffs present between India and Argentina are:
127: India-MERCOSUR Preferential Trade Agreement
136: Most Favoured Nation duty rate treatement
336: Preferential tariff under (GSTP) Global System of Trade Preferences among Developing Countries

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 red.  This mean that the more blue a dot/product is, the more India has comparative advantage over Argentina. Similarly, the more red a dot/product is, the more Argentina has comparative advantage over India.