2022
Exports
$4.77BWorld Rnk 6 / 133
Flag Rnk 4 / 1128
2022
PRODUCT COMPLEXITY IN Wheat
-0.42Rnk 677 / 1025
2022
Imports
$110kWorld Rnk 171 / 194
Flag Rnk 1067 / 1171
2022
ECONOMIC COMPLEXITY of Argentina
0.064Rnk 61 / 133

About

Exports In 2022, Argentina exported $4.77B in Wheat, making it the 6th largest exporter of Wheat in the world. At the same year, Wheat was the 4th most exported product in Argentina. The main destination of Wheat exports from Argentina are: Brazil ($1.38B), Nigeria ($444M), Indonesia ($414M), Morocco ($223M), and Algeria ($217M).

The fastest growing export markets for Wheat of Argentina between 2021 and 2022 were Nigeria ($336M), Indonesia ($282M), and Peru ($182M).

Imports In 2022, Argentina imported $110k in Wheat, becoming the 171st largest importer of Wheat in the world. At the same year, Wheat was the 1067th most imported product in Argentina. Argentina imports Wheat primarily from: United States ($59.3k), Italy ($25.2k), Germany ($13.7k), France ($8.1k), and Brazil ($3.56k).

The fastest growing import markets in Wheat for Argentina between 2021 and 2022 were Italy ($15k), Germany ($13.7k), and Brazil ($2.21k).

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 Wheat. 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)$4.77B
IMPORTS (2022)$110k
NET TRADE (2022)$4.77B

In 2022, Argentina exported $4.77B in Wheat. The main destinations of Argentina exports on Wheat were Brazil ($1.38B), Nigeria ($444M), Indonesia ($414M), Morocco ($223M), and Algeria ($217M).

In 2022, Argentina imported $110k in Wheat, mainly from United States ($59.3k), Italy ($25.2k), Germany ($13.7k), France ($8.1k), and Brazil ($3.56k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Argentina WERE (2021 - 2022):
Nigeria$336M (314%)
Indonesia$282M (213%)
Peru$182M (536%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Argentina WERE (2021 - 2022):
Brazil-$70.3M (-4.86%)
Bangladesh-$51.2M (-100%)
Thailand-$34.6M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Argentina's main exporting competitors in Wheat were:
In 2022, Argentina's main importing competitors in Wheat were:
Egypt $4.82B
China $4.52B

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Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALMexico+ $25.2M
TOP IMPORT POTENTIALUnited States+ $23.2k

Wheat’s highest export potential is Mexico. With an export gap of $25.2M.   Wheat’s highest import potential is United States with an import gap of $23.2k.

See methodology.

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