Saudi Arabia (SAU) and Argentina (ARG) Trade | The Observatory of Economic Complexity

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Saudi Arabia-Argentina Trade: In 2022, Saudi Arabia exported $966M to Argentina. The main products that Saudi Arabia exported to Argentina were Refined Petroleum ($832M), Mixed Mineral or Chemical Fertilizers ($50.6M), and Acyclic Alcohols ($27.2M). Over the past 5 years the exports of Saudi Arabia to Argentina have increased at an annualized rate of 49.5%, from $129M in 2017 to $966M in 2022.

In 2022, Saudi Arabia did not export any services to Argentina.

Argentina-Saudi Arabia Trade: In 2022, Argentina exported $1.05B to Saudi Arabia. The main products that Argentina exported to Saudi Arabia were Corn ($626M), Soybean Meal ($297M), and Forage Crops ($27.5M). Over the past 5 years the exports of Argentina to Saudi Arabia have increased at an annualized rate of 5.11%, from $738M in 2017 to $1.05B in 2022.

In 2022, Argentina did not export any services to Saudi Arabia.

Comparison: In 2022, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Saudi Arabia exported $966M to Argentina. The main products exported from Saudi Arabia to Argentina were Refined Petroleum ($832M), Mixed Mineral or Chemical Fertilizers ($50.6M), and Acyclic Alcohols ($27.2M). During the last 5 years the exports of Saudi Arabia to Argentina have increased at an annualized rate of 49.5%, from $129M in 2017 to $966M in 2022.

In 2017, Argentina exported $1.05B to Saudi Arabia. The main products exported from Argentina to Saudi Arabia were Corn ($626M), Soybean Meal ($297M), and Forage Crops ($27.5M). During the last 5 years the exports of Argentina to Saudi Arabia have increased at an annualized rate of 5.11%, from $738M in 2022 to $1.05B in 2017.

Exports from Saudi Arabia () to Argentina () (2022)

Exports from Argentina () to Saudi Arabia () (2022)

Latest Data

Trade between Saudi Arabia () and Argentina ()

Saudi Arabia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saudi Arabia
Top DestinationChina$68B

Argentina
Top DestinationBrazil$12.6B

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

In 2022, countries that imported more from Saudi Arabia than Argentina included China ($68B), India ($46.2B), and Japan ($36.5B).

In 2022, countries that imported more from Argentina than Saudi Arabia included Brazil ($12.6B), Chile ($5.11B), and Peru ($2.49B).

Difference in imports from Argentina () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Argentina

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Saudi Arabia had a large net trade with Argentina in the exports of Mineral Products ($838M), Chemical Products ($84.8M), and Plastics and Rubbers ($41.4M).

During 2017, Argentina had a large net trade with Saudi Arabia in the exports of Vegetable Products ($658M), Foodstuffs ($334M), and Animal Products ($47.7M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Saudi Arabia () to Argentina () (2022)

Exports from Argentina () to Saudi Arabia () (2022)

Latest Data

Trade between Saudi Arabia () and Argentina ()

Saudi Arabia Exports

Market Competitiveness

Difference in imports from Argentina () and Saudi Arabia () (2022)

Comparative Advantage Saudi Arabia - Argentina

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Saudi Arabia () and Argentina () (2022)

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