2022
Flag  
GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
 GDP
$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH
15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC 
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186
2022
Flag
GDP PC
$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH
4.61%CURRENT US$
Rnk 129 / 186

About

Russia-Argentina In 2022, Russia exported $242M to Argentina. The main products that Russia exported to Argentina are Nitrogenous Fertilizers ($91.7M), Refined Petroleum ($39.2M), and Mixed Mineral or Chemical Fertilizers ($32.2M). During the last 27 years the exports of Russia to Argentina have increased at an annualized rate of 4.35%, from $76.9M in 1995 to $242M in 2022.

In 2020, Russia exported services to Argentina worth $1.91M, with Transportation ($795k), Other business services ($736k), and Royalties and license fees ($218k) being the largest in terms of value.

Argentina-Russia In 2022, Argentina exported $342M to Russia. The main products that Argentina exported to Russia were Edible Offal ($70.7M), Butter ($44.5M), and Citrus ($38.5M). During the last 27 years the exports of Argentina to Russia have increased at an annualized rate of 5.06%, from $90.2M in 1995 to $342M in 2022.

In 2022, Argentina did not export any services to Russia.

Comparison In 2022,  Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B). That same year, Argentina ranked 56 in the Economic Complexity Index (ECI 0.11), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $242M to Argentina. The main products exported from Russia to Argentina were Nitrogenous Fertilizers ($91.7M), Refined Petroleum ($39.2M), and Mixed Mineral or Chemical Fertilizers ($32.2M). During the last 27 years the exports of Russia to Argentina have increased at an annualized rate of 4.35%, from $76.9M in 1995 to $242M in 2022.

In 2022, Argentina exported $342M to Russia. The main products exported from Argentina to Russia were Edible Offal ($70.7M), Butter ($44.5M), and Citrus ($38.5M). During the last 27 years the exports of Argentina to Russia have increased at an annualized rate of 5.06%, from $90.2M in 1995 to $342M in 2022.

Exports from Russia (Flag) to Argentina (Flag) (2022)

Exports from Argentina (Flag) to Russia (Flag) (2022)

Market Competitiveness

Color
Russia
Top Destination
China$101B
Argentina
Top Destination
Brazil$12.6B

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

In 2021, countries that imported more from Russia than Argentina were China ($101B), India ($40.4B), and Germany ($27.7B).

In 2021, countries that imported more from Argentina than Russia were Brazil ($12.6B), Chile ($5.11B), and Peru ($2.49B).

Difference in imports from Argentina (Flag) and Russia (Flag) (2022)

Comparative Advantage Russia - Argentina

Flow
Scale

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

During 2022, Russia had a large net trade with Argentina in the exports of Chemical Products ($156M), Mineral Products ($44.2M), and Plastics and Rubbers ($16.7M).

During 2022, Argentina had a large net trade with Russia in the exports of Animal Products ($225M), Vegetable Products ($104M), and Foodstuffs ($6.86M).

Service Trade

Bilateral Service Trade

In 2020, Russia exported services to Argentina worth $1.91M, with Transportation ($795k), Other business services ($736k), and Royalties and license fees ($218k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Argentina (Flag) (2020)

Economic Complexity

Competitive Landscape

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 Russia has comparative advantage over Argentina. Similarly, the more yellow a dot/product is, the more Argentina has comparative advantage over Russia.

Product Space of Russia (Flag) and Argentina (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with