2023
Exports
$497MWorld Rnk 12 / 174
Flag Rnk 25 / 1111
2023
PRODUCT COMPLEXITY IN Concentrated Milk
-0.8Rnk 783 / 1025
2023
Imports
$1.35MWorld Rnk 185 / 222
Flag Rnk 845 / 1171
2023
ECONOMIC COMPLEXITY of Argentina
0.043Rnk 61 / 132

About

Exports In 2023, Argentina exported $497M in Concentrated Milk, making it the 12th largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 25th most exported product in Argentina. The main destination of Concentrated Milk exports from Argentina are: Brazil ($340M), Algeria ($73.1M), Peru ($15M), Cuba ($7.71M), and Gabon ($5.76M).

The fastest growing export markets for Concentrated Milk of Argentina between 2022 and 2023 were Brazil ($101M), Gabon ($5.47M), and Burkina Faso ($4.17M).

Imports In 2023, Argentina imported $1.35M in Concentrated Milk, becoming the 185th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 845th most imported product in Argentina. Argentina imports Concentrated Milk primarily from: Brazil ($1.06M), United Arab Emirates ($135k), France ($83.8k), Germany ($66k), and Denmark ($558).

The fastest growing import markets in Concentrated Milk for Argentina between 2022 and 2023 were Denmark ($558) and Chile ($8).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Concentrated Milk. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$497M
IMPORTS (2023)$1.35M
NET TRADE (2023)$496M

In 2023, Argentina exported $497M in Concentrated Milk. The main destinations of Argentina exports on Concentrated Milk were Brazil ($340M), Algeria ($73.1M), Peru ($15M), Cuba ($7.71M), and Gabon ($5.76M).

In 2023, Argentina imported $1.35M in Concentrated Milk, mainly from Brazil ($1.06M), United Arab Emirates ($135k), France ($83.8k), Germany ($66k), and Denmark ($558).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Argentina WERE (2022 - 2023):
Brazil$101M (42.3%)
Gabon$5.47M (1.88k%)
Burkina Faso$4.17M (362%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Argentina WERE (2022 - 2023):
Algeria-$278M (-79.2%)
Peru-$18.7M (-55.5%)
Cuba-$11.7M (-60.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Argentina's main exporting competitors in Concentrated Milk were:
In 2023, Argentina's main importing competitors in Concentrated Milk were:

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $19.8M
TOP IMPORT POTENTIALBrazil+ $272k

Concentrated Milk’s highest export potential is China. With an export gap of $19.8M.   Concentrated Milk’s highest import potential is Brazil with an import gap of $272k.

See methodology.

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