2023
Exports
$3.72BWorld Rnk 30 / 150
Flag Rnk 5 / 1111
2023
PRODUCT COMPLEXITY IN Crude Petroleum
-2.37Rnk 1015 / 1025
2023
Imports
$54.5kWorld Rnk 108 / 159
Flag Rnk 1093 / 1171
2023
ECONOMIC COMPLEXITY of Argentina
0.043Rnk 61 / 132

About

Exports In 2023, Argentina exported $3.72B in Crude Petroleum, making it the 30th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 5th most exported product in Argentina. The main destination of Crude Petroleum exports from Argentina are: United States ($1.53B), Brazil ($805M), Chile ($751M), Peru ($270M), and Netherlands ($166M).

The fastest growing export markets for Crude Petroleum of Argentina between 2022 and 2023 were Chile ($644M), Brazil ($395M), and Peru ($226M).

Imports In 2023, Argentina imported $54.5k in Crude Petroleum, becoming the 108th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1093rd most imported product in Argentina. Argentina imports Crude Petroleum primarily from: United States ($54.2k), Ecuador ($126), Chile ($94), and Brazil ($51).

The fastest growing import markets in Crude Petroleum for Argentina between 2022 and 2023 were United States ($53.2k), Ecuador ($126), and Chile ($94).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Crude Petroleum. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$3.72B
IMPORTS (2023)$54.5k
NET TRADE (2023)$3.72B

In 2023, Argentina exported $3.72B in Crude Petroleum. The main destinations of Argentina exports on Crude Petroleum were United States ($1.53B), Brazil ($805M), Chile ($751M), Peru ($270M), and Netherlands ($166M).

In 2023, Argentina imported $54.5k in Crude Petroleum, mainly from United States ($54.2k), Ecuador ($126), Chile ($94), and Brazil ($51).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Argentina WERE (2022 - 2023):
Chile$644M (601%)
Brazil$395M (96.2%)
Peru$226M (513%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Argentina WERE (2022 - 2023):
United States-$479M (-23.9%)
United Kingdom-$93.8M (-100%)
Netherlands-$92M (-35.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Argentina's main exporting competitors in Crude Petroleum were:
In 2023, Argentina's main importing competitors in Crude Petroleum were:

Explore Visualizations

Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $405M
TOP IMPORT POTENTIALBrazil+ $1.7k

Crude Petroleum’s highest export potential is United States. With an export gap of $405M.   Crude Petroleum’s highest import potential is Brazil with an import gap of $1.7k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with