2023
Exports
$14.3MWorld Rnk 8 / 134
Flag Rnk 221 / 1111
2023
PRODUCT COMPLEXITY IN Laboratory Reagents
1.2Rnk 104 / 1025
2023
Imports
$132MWorld Rnk 1 / 104
Flag Rnk 121 / 1171
2023
ECONOMIC COMPLEXITY of Argentina
0.043Rnk 61 / 132

About

Exports In 2023, Argentina exported $14.3M in Laboratory Reagents, making it the 8th largest exporter of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 221st most exported product in Argentina. The main destination of Laboratory Reagents exports from Argentina are: Brazil ($4.12M), Peru ($1.42M), Mexico ($1.27M), Colombia ($913k), and Saudi Arabia ($742k).

The fastest growing export markets for Laboratory Reagents of Argentina between 2022 and 2023 were Saudi Arabia ($742k), Brazil ($423k), and Spain ($198k).

Imports In 2023, Argentina imported $132M in Laboratory Reagents, becoming the 1st largest importer of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 121st most imported product in Argentina. Argentina imports Laboratory Reagents primarily from: United States ($57.3M), Germany ($19.6M), Ireland ($8.06M), United Kingdom ($7.94M), and China ($6.1M).

The fastest growing import markets in Laboratory Reagents for Argentina between 2022 and 2023 were Denmark ($585k), France ($420k), and Singapore ($359k).

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 Laboratory Reagents. 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)$14.3M
IMPORTS (2023)$132M
NET TRADE (2023)-$118M

In 2023, Argentina exported $14.3M in Laboratory Reagents. The main destinations of Argentina exports on Laboratory Reagents were Brazil ($4.12M), Peru ($1.42M), Mexico ($1.27M), Colombia ($913k), and Saudi Arabia ($742k).

In 2023, Argentina imported $132M in Laboratory Reagents, mainly from United States ($57.3M), Germany ($19.6M), Ireland ($8.06M), United Kingdom ($7.94M), and China ($6.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Laboratory Reagents EXPORT MARKETS FOR Argentina WERE (2022 - 2023):
Saudi Arabia$742k (1%)
Brazil$423k (11.4%)
Spain$198k (61.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Laboratory Reagents BY Argentina WERE (2022 - 2023):
Chile-$1.01M (-59.4%)
Uruguay-$220k (-26.9%)
Chinese Taipei-$185k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Argentina's main exporting competitors in Laboratory Reagents were:
In 2023, Argentina's main importing competitors in Laboratory Reagents were:

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Trade Value of Laboratory Reagents by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.41M
TOP IMPORT POTENTIALChina+ $15.6M

Laboratory Reagents’s highest export potential is United States. With an export gap of $4.41M.   Laboratory Reagents’s highest import potential is China with an import gap of $15.6M.

See methodology.

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