2022
Exports
$25.4MWorld Rnk 65 / 192
Flag Rnk 175 / 1128
2022
PRODUCT COMPLEXITY IN Gas Turbines
0.71Rnk 270 / 1025
2022
Imports
$363MWorld Rnk 47 / 207
Flag Rnk 39 / 1171
2022
ECONOMIC COMPLEXITY of Argentina
0.064Rnk 61 / 133

About

Exports In 2022, Argentina exported $25.4M in Gas Turbines, making it the 65th largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 175th most exported product in Argentina. The main destination of Gas Turbines exports from Argentina are: United States ($19.8M), Netherlands ($3.98M), United Kingdom ($555k), Denmark ($389k), and Switzerland ($361k).

The fastest growing export markets for Gas Turbines of Argentina between 2021 and 2022 were United States ($19.7M), Netherlands ($3.01M), and Denmark ($389k).

Imports In 2022, Argentina imported $363M in Gas Turbines, becoming the 47th largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 39th most imported product in Argentina. Argentina imports Gas Turbines primarily from: United States ($75.6M), Germany ($36.7M), Hungary ($35.1M), Switzerland ($34.3M), and China ($31.5M).

The fastest growing import markets in Gas Turbines for Argentina between 2021 and 2022 were Hungary ($31.8M), China ($30.2M), and Sweden ($29.7M).

Latest Trends

Oct 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 Gas Turbines. 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 (2022)$25.4M
IMPORTS (2022)$363M
NET TRADE (2022)-$337M

In 2022, Argentina exported $25.4M in Gas Turbines. The main destinations of Argentina exports on Gas Turbines were United States ($19.8M), Netherlands ($3.98M), United Kingdom ($555k), Denmark ($389k), and Switzerland ($361k).

In 2022, Argentina imported $363M in Gas Turbines, mainly from United States ($75.6M), Germany ($36.7M), Hungary ($35.1M), Switzerland ($34.3M), and China ($31.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR Argentina WERE (2021 - 2022):
United States$19.7M (37.3k%)
Netherlands$3.01M (309%)
Denmark$389k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY Argentina WERE (2021 - 2022):
France-$1.04M (-99.9%)
Colombia-$129k (-100%)
Australia-$18.1k (-87.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Argentina's main exporting competitors in Gas Turbines were:
In 2022, Argentina's main importing competitors in Gas Turbines were:

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Trade Value of Gas Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.15M
TOP IMPORT POTENTIALUnited States+ $24.1M

Gas Turbines’s highest export potential is United States. With an export gap of $1.15M.   Gas Turbines’s highest import potential is United States with an import gap of $24.1M.

See methodology.

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