2022
Exports
$1.51BWorld Rnk 5 / 152
Flag Rnk 12 / 1128
2022
PRODUCT COMPLEXITY IN Seed Oils
-0.99Rnk 836 / 1025
2022
Imports
$699kWorld Rnk 160 / 211
Flag Rnk 930 / 1171
2022
ECONOMIC COMPLEXITY of Argentina
0.064Rnk 61 / 133

About

Exports In 2022, Argentina exported $1.51B in Seed Oils, making it the 5th largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 12th most exported product in Argentina. The main destination of Seed Oils exports from Argentina are: India ($694M), Mexico ($212M), Chile ($143M), Australia ($84.7M), and United States ($48.4M).

The fastest growing export markets for Seed Oils of Argentina between 2021 and 2022 were India ($592M), Mexico ($212M), and Australia ($64.9M).

Imports In 2022, Argentina imported $699k in Seed Oils, becoming the 160th largest importer of Seed Oils in the world. At the same year, Seed Oils was the 930th most imported product in Argentina. Argentina imports Seed Oils primarily from: Brazil ($404k), Chile ($250k), Sweden ($9.89k), United States ($9.47k), and Germany ($5.9k).

The fastest growing import markets in Seed Oils for Argentina between 2021 and 2022 were Brazil ($342k), Chile ($128k), and Sweden ($9.89k).

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 Seed Oils. 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)$1.51B
IMPORTS (2022)$699k
NET TRADE (2022)$1.51B

In 2022, Argentina exported $1.51B in Seed Oils. The main destinations of Argentina exports on Seed Oils were India ($694M), Mexico ($212M), Chile ($143M), Australia ($84.7M), and United States ($48.4M).

In 2022, Argentina imported $699k in Seed Oils, mainly from Brazil ($404k), Chile ($250k), Sweden ($9.89k), United States ($9.47k), and Germany ($5.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Argentina WERE (2021 - 2022):
India$592M (581%)
Mexico$212M (66.8k%)
Australia$64.9M (329%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Argentina WERE (2021 - 2022):
Iran-$124M (-100%)
Peru-$12.8M (-38%)
Malaysia-$8.95M (-60.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Argentina's main exporting competitors in Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, Argentina's main importing competitors in Seed Oils were:

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Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15.9M
TOP IMPORT POTENTIALBrazil+ $35k

Seed Oils’s highest export potential is United States. With an export gap of $15.9M.   Seed Oils’s highest import potential is Brazil with an import gap of $35k.

See methodology.

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