Israel (ISR) and Argentina (ARG) Trade | The Observatory of Economic Complexity

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Israel-Argentina Trade: In 2023, Israel exported $198M to Argentina. The main products that Israel exported to Argentina were Pesticides ($33.1M), Ethylene Polymers ($19.3M), and Plastic Pipes ($12.7M). Over the past 5 years the exports of Israel to Argentina have increased at an annualized rate of 1.43%, from $184M in 2018 to $198M in 2023.

In 2012, Israel exported services to Argentina worth $0, with being the largest in terms of value.

Argentina-Israel Trade: In 2023, Argentina exported $393M to Israel. The main products that Argentina exported to Israel were Frozen Bovine Meat ($142M), Bovine Meat ($121M), and Soybean Meal ($34.8M). Over the past 5 years the exports of Argentina to Israel have increased at an annualized rate of 4.53%, from $315M in 2018 to $393M in 2023.

In 2023, Argentina did not export any services to Israel.

Comparison: In 2023, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Israel exported $198M to Argentina. The main products exported from Israel to Argentina were Pesticides ($33.1M), Ethylene Polymers ($19.3M), and Plastic Pipes ($12.7M). During the last 5 years the exports of Israel to Argentina have increased at an annualized rate of 1.43%, from $184M in 2018 to $198M in 2023.

In 2018, Argentina exported $393M to Israel. The main products exported from Argentina to Israel were Frozen Bovine Meat ($142M), Bovine Meat ($121M), and Soybean Meal ($34.8M). During the last 5 years the exports of Argentina to Israel have increased at an annualized rate of 4.53%, from $315M in 2023 to $393M in 2018.

Exports from Israel () to Argentina () (2023)

Exports from Argentina () to Israel () (2023)

Latest Data

Trade between Israel () and Argentina ()

Israel Exports

Date

Argentina Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Israel
Top DestinationUnited States$20.3B

Argentina
Top DestinationBrazil$12.1B

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

In 2023, countries that imported more from Israel than Argentina included United States ($20.3B), Ireland ($4.22B), and Hong Kong ($2.46B).

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

Difference in imports from Argentina () and Israel () (2023)

Comparative Advantage Israel - Argentina

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Israel had a large net trade with Argentina in the exports of Chemical Products ($64M), Machines ($62M), and Plastics and Rubbers ($41.3M).

During 2018, Argentina had a large net trade with Israel in the exports of Animal Products ($282M), Foodstuffs ($63.2M), and Vegetable Products ($42.7M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Israel Argentina+$6.71MTelephones

Top Product Potential Argentina Israel+$1.95MFish Fillets

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Israel () to Argentina () (2023)

Exports from Argentina () to Israel () (2023)

Latest Data

Trade between Israel () and Argentina ()

Israel Exports

Argentina Exports

Market Competitiveness

Difference in imports from Argentina () and Israel () (2023)

Comparative Advantage Israel - Argentina

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Israel () and Argentina () (2023)

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