2022
Exports
$14.1MWorld Rnk 21 / 153
Flag Rnk 232 / 1128
2022
PRODUCT COMPLEXITY IN Laboratory Reagents
1.53Rnk 45 / 1025
2022
Imports
$174MWorld Rnk 3 / 180
Flag Rnk 90 / 1171
2022
ECONOMIC COMPLEXITY of Argentina
0.064Rnk 61 / 133

About

Exports In 2022, Argentina exported $14.1M in Laboratory Reagents, making it the 21st largest exporter of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 232nd most exported product in Argentina. The main destination of Laboratory Reagents exports from Argentina are: Brazil ($3.7M), Chile ($1.7M), Peru ($1.31M), Mexico ($1.23M), and Colombia ($851k).

The fastest growing export markets for Laboratory Reagents of Argentina between 2021 and 2022 were Chile ($1.06M), Mexico ($910k), and Peru ($459k).

Imports In 2022, Argentina imported $174M in Laboratory Reagents, becoming the 3rd largest importer of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 90th most imported product in Argentina. Argentina imports Laboratory Reagents primarily from: United States ($81.1M), Germany ($21.8M), China ($11.1M), United Kingdom ($8.43M), and Ireland ($8.07M).

The fastest growing import markets in Laboratory Reagents for Argentina between 2021 and 2022 were United States ($9.25M), United Kingdom ($4.93M), and Japan ($3.05M).

Latest Trends

Sep 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 (2022)$14.1M
IMPORTS (2022)$174M
NET TRADE (2022)-$160M

In 2022, Argentina exported $14.1M in Laboratory Reagents. The main destinations of Argentina exports on Laboratory Reagents were Brazil ($3.7M), Chile ($1.7M), Peru ($1.31M), Mexico ($1.23M), and Colombia ($851k).

In 2022, Argentina imported $174M in Laboratory Reagents, mainly from United States ($81.1M), Germany ($21.8M), China ($11.1M), United Kingdom ($8.43M), and Ireland ($8.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Laboratory Reagents EXPORT MARKETS FOR Argentina WERE (2021 - 2022):
Chile$1.06M (166%)
Mexico$910k (286%)
Peru$459k (54.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Laboratory Reagents BY Argentina WERE (2021 - 2022):
South Korea-$468k (-100%)
Thailand-$377k (-100%)
Japan-$370k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Argentina's main exporting competitors in Laboratory Reagents were:
In 2022, 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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