2023
Flag  
GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP
$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH
17%CURRENT US$
Rnk 148 / 195
2023
Flag
GDP PC 
$64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC
$14,187CURRENT US$
Rnk 73 / 196
2013-2023
Flag
GDP PC GROWTH
9.44%CURRENT US$
Rnk 135 / 195

About

Netherlands-Argentina Trade: In 2023, Netherlands exported $824M to Argentina. The main products that Netherlands exported to Argentina were Refined Petroleum ($349M), Reaction and Catalytic Products ($51.1M), and Vaccines, blood, antisera, toxins and cultures ($34.6M). Over the past 5 years the exports of Netherlands to Argentina have increased at an annualized rate of 7.87%, from $564M in 2018 to $824M in 2023.

In 2020, Netherlands exported services to Argentina worth $216M, with Other business services ($157M), Transportation ($51.2M), and Insurance services ($2.74M) being the largest in terms of value.

Argentina-Netherlands Trade: In 2023, Argentina exported $1.46B to Netherlands. The main products that Argentina exported to Netherlands were Ground Nuts ($333M), Industrial Fatty Acids, Oils and Alcohols ($305M), and Crude Petroleum ($166M). Over the past 5 years the exports of Argentina to Netherlands have decreased at an annualized rate of 3.24%,  from $1.72B in 2018 to $1.46B in 2023.

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

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). 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
Value

In 2023, Netherlands exported $824M to Argentina. The main products exported from Netherlands to Argentina were Refined Petroleum ($349M), Reaction and Catalytic Products ($51.1M), and Vaccines, blood, antisera, toxins and cultures ($34.6M). During the last 5 years the exports of Netherlands to Argentina have increased at an annualized rate of 7.87%, from $564M in 2018 to $824M in 2023.

In 2018, Argentina exported $1.46B to Netherlands. The main products exported from Argentina to Netherlands were Ground Nuts ($333M), Industrial Fatty Acids, Oils and Alcohols ($305M), and Crude Petroleum ($166M). During the last 5 years the exports of Argentina to Netherlands have decreased at an annualized rate of 3.24%, from $1.72B in 2023 to $1.46B in 2018.

Exports from Netherlands (Flag) to Argentina (Flag) (2023)

Exports from Argentina (Flag) to Netherlands (Flag) (2023)

Market Competitiveness

Color
Netherlands
Top Destination
Germany$96.9B
Argentina
Top Destination
Brazil$12.1B

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

In 2023, countries that imported more from Netherlands than Argentina included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

Difference in imports from Argentina (Flag) and Netherlands (Flag) (2023)

Comparative Advantage Netherlands - Argentina

Flow
Scale

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

During 2023, Netherlands had a large net trade with Argentina in the exports of Mineral Products ($352M), Chemical Products ($211M), and Machines ($82.4M).

During 2018, Argentina had a large net trade with Netherlands in the exports of Vegetable Products ($392M), Chemical Products ($340M), and Foodstuffs ($270M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Argentina+$49.1MRefined Petroleum
Top Product Potential Argentina Netherlands+$73.4MCrude Petroleum

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

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

Product Space of Netherlands (Flag) and Argentina (Flag) (2023)

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