2021
Exports | Imports
$2.53B | $2.26BWorld Rnk 4 / 138
Flag Rnk 6 / 1116
World Rnk 3 / 190
Flag Rnk 4 / 1175
2021
ECONOMIC COMPLEXITY of Argentina
0.074Rnk 60 / 131
2021
PRODUCT COMPLEXITY IN Soybeans
-1.61Rnk 961 / 1024

About

Exports In 2021, Argentina exported $2.53B in Soybeans, making it the 4th largest exporter of Soybeans in the world. At the same year, Soybeans was the 6th most exported product in Argentina. The main destination of Soybeans exports from Argentina are: China ($1.78B), Egypt ($305M), Russia ($83.9M), United States ($65.9M), and Malaysia ($64.2M).

The fastest growing export markets for Soybeans of Argentina between 2020 and 2021 were Egypt ($111M), Malaysia ($57.4M), and Indonesia ($45M).

Imports In 2021, Argentina imported $2.26B in Soybeans, becoming the 3rd largest importer of Soybeans in the world. At the same year, Soybeans was the 4th most imported product in Argentina. Argentina imports Soybeans primarily from: Paraguay ($2.15B), Brazil ($93.5M), Bolivia ($14M), United States ($2.36M), and Uruguay ($133k).

The fastest growing import markets in Soybeans for Argentina between 2020 and 2021 were Paraguay ($525M), Bolivia ($14M), and Italy ($3.33k).

Latest Trends

Dec 2023

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 Soybeans. 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 (2021)$2.53B
IMPORTS (2021)$2.26B
NET TRADE (2021)$266M

In 2021, Argentina exported $2.53B in Soybeans. The main destinations of Argentina exports on Soybeans were China ($1.78B), Egypt ($305M), Russia ($83.9M), United States ($65.9M), and Malaysia ($64.2M).

In 2021, Argentina imported $2.26B in Soybeans, mainly from Paraguay ($2.15B), Brazil ($93.5M), Bolivia ($14M), United States ($2.36M), and Uruguay ($133k).

Explore Visualizations

Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Argentina WERE (2020 - 2021):
Egypt$111M (57.5%)
Malaysia$57.4M (834%)
Indonesia$45M (18.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Argentina WERE (2020 - 2021):
China-$86.7M (-4.64%)
Chinese Taipei-$21.5M (-94.8%)
Vietnam-$18.9M (-75.5%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Argentina's main exporting competitors in Soybeans were:
In 2021, Argentina's main importing competitors in Soybeans were:
China $44.2B
Mexico $3.22B

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Trade Value of Soybeans by Exporters

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