2023
Flag  
GDP
$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH
41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
 GDP
$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH
17%CURRENT US$
Rnk 148 / 195
2023
Flag
GDP PC 
$32,094CURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP PC GROWTH
17.6%CURRENT US$
Rnk 109 / 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

Saudi Arabia-Argentina Trade: In 2023, Saudi Arabia exported $279M to Argentina. The main products that Saudi Arabia exported to Argentina were Refined Petroleum ($235M), Ethylene Polymers ($14.3M), and Propylene Polymers ($9.59M). Over the past 5 years the exports of Saudi Arabia to Argentina have decreased at an annualized rate of 0.9%, from $292M in 2018 to $279M in 2023.

In 2023, Saudi Arabia did not export any services to Argentina.

Argentina-Saudi Arabia Trade: In 2023, Argentina exported $774M to Saudi Arabia. The main products that Argentina exported to Saudi Arabia were Soybean Meal ($255M), Corn ($235M), and Iron Pipes ($83.6M). Over the past 5 years the exports of Argentina to Saudi Arabia have decreased at an annualized rate of 4.33%,  from $966M in 2018 to $774M in 2023.

In 2023, Argentina did not export any services to Saudi Arabia.

Comparison: In 2023,  Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). 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, Saudi Arabia exported $279M to Argentina. The main products exported from Saudi Arabia to Argentina were Refined Petroleum ($235M), Ethylene Polymers ($14.3M), and Propylene Polymers ($9.59M). During the last 5 years the exports of Saudi Arabia to Argentina have decreased at an annualized rate of 0.9%, from $292M in 2018 to $279M in 2023.

In 2018, Argentina exported $774M to Saudi Arabia. The main products exported from Argentina to Saudi Arabia were Soybean Meal ($255M), Corn ($235M), and Iron Pipes ($83.6M). During the last 5 years the exports of Argentina to Saudi Arabia have decreased at an annualized rate of 4.33%, from $966M in 2023 to $774M in 2018.

Exports from Saudi Arabia (Flag) to Argentina (Flag) (2023)

Exports from Argentina (Flag) to Saudi Arabia (Flag) (2023)

Latest Data

Trade between Saudi Arabia (Flag) and Argentina (Flag)

Saudi Arabia Exports

Argentina Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$64.4B
Argentina
Top Destination
Brazil$12.1B

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 2023, countries that imported more from Saudi Arabia than Argentina included China ($64.4B), Japan ($34.7B), and India ($34.8B).

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

Difference in imports from Argentina (Flag) and Saudi Arabia (Flag) (2023)

Comparative Advantage Saudi Arabia - Argentina

Flow
Scale

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

During 2023, Saudi Arabia had a large net trade with Argentina in the exports of Mineral Products ($241M), Plastics and Rubbers ($27M), and Chemical Products ($7.78M).

During 2018, Argentina had a large net trade with Saudi Arabia in the exports of Foodstuffs ($298M), Vegetable Products ($285M), and Metals ($103M).

Economic Complexity

Competitive Landscape

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.

Product Space of Saudi Arabia (Flag) and Argentina (Flag) (2023)

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