Ground Nut Oil in Argentina | The Observatory of Economic Complexity

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Exports In 2023, Argentina exported $103M in Ground Nut Oil, making it the 3rd largest exporter of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 75th most exported product in Argentina. The main destination of Ground Nut Oil exports from Argentina are: China ($45.8M), United States ($26.3M), France ($12.3M), Netherlands ($11.5M), and Belgium ($4.28M).

The fastest growing export markets for Ground Nut Oil of Argentina between 2022 and 2023 were Belgium ($2.18M), Hong Kong ($1.74M), and Germany ($29.7k).

Imports In 2023, Argentina imported $46k in Ground Nut Oil, becoming the 75th largest importer of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1099th most imported product in Argentina. Argentina imports Ground Nut Oil primarily from: Belgium ($18.5k), Germany ($17.7k), United States ($3.55k), India ($3.41k), and Brazil ($2.82k).

The fastest growing import markets in Ground Nut Oil for Argentina between 2022 and 2023 were Belgium ($18.5k), Germany ($17.7k), and India ($3.41k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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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 Ground Nut Oil. 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

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Trade Value

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Year

EXPORTS (2023)$103M

IMPORTS (2023)$46k

NET TRADE (2023)$103M

In 2023, Argentina exported $103M in Ground Nut Oil. The main destinations of Argentina exports on Ground Nut Oil were China ($45.8M), United States ($26.3M), France ($12.3M), Netherlands ($11.5M), and Belgium ($4.28M).

In 2023, Argentina imported $46k in Ground Nut Oil, mainly from Belgium ($18.5k), Germany ($17.7k), United States ($3.55k), India ($3.41k), and Brazil ($2.82k).

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Export Destinations (2023)

Import Origins (2023)

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THE FASTEST GROWING Ground Nut Oil EXPORT MARKETS FOR Argentina WERE (2022 - 2023):

Belgium$2.18M (104%)

Hong Kong$1.74M (1.95k%)

Germany$29.7k (82.9%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nut Oil BY Argentina WERE (2022 - 2023):

China-$15M (-24.6%)

Netherlands-$6.58M (-36.4%)

France-$3.65M (-22.9%)

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Change in Exports by Market (2022 - 2023)

Market Concentration

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In 2023, Argentina's main exporting competitors in Ground Nut Oil were:

India $229M

Brazil $192M

In 2023, Argentina's main importing competitors in Ground Nut Oil were:

China $446M

Italy $62.7M

United States $39.6M

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Trade Value of Ground Nut Oil by Exporters

Potential Exports

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TOP EXPORT POTENTIALCanada+ $186k

TOP IMPORT POTENTIALBrazil+ $1.15k

Ground Nut Oil’s highest export potential is Canada. With an export gap of $186k. Ground Nut Oil’s highest import potential is Brazil with an import gap of $1.15k.

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Latest Trends

Subnational Monthly Trade

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Historical Data

Trade Balance

Export Destinations (2023)

Import Origins (2023)

Market Growth

Change in Exports by Market (2022 - 2023)

Market Concentration

Trade Value of Ground Nut Oil by Exporters

Potential Exports

Potential Exports

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