2023
Exports
$1.1BWorld Rnk 14 / 135
Flag Rnk 11 / 1111
2023
PRODUCT COMPLEXITY IN Wheat
-0.28Rnk 640 / 1025
2023
Imports
$2.57MWorld Rnk 152 / 195
Flag Rnk 762 / 1171
2023
ECONOMIC COMPLEXITY of Argentina
0.043Rnk 61 / 132

About

Exports In 2023, Argentina exported $1.1B in Wheat, making it the 14th largest exporter of Wheat in the world. At the same year, Wheat was the 11th most exported product in Argentina. The main destination of Wheat exports from Argentina are: Brazil ($779M), Chile ($60M), Peru ($59.9M), Dominican Republic ($59M), and Indonesia ($46.6M).

The fastest growing export markets for Wheat of Argentina between 2022 and 2023 were Dominican Republic ($21.6M), Canada ($172k), and Bolivia ($102k).

Imports In 2023, Argentina imported $2.57M in Wheat, becoming the 152nd largest importer of Wheat in the world. At the same year, Wheat was the 762nd most imported product in Argentina. Argentina imports Wheat primarily from: Paraguay ($2.42M), United States ($97k), France ($35.4k), Spain ($12.1k), and Brazil ($3.5k).

The fastest growing import markets in Wheat for Argentina between 2022 and 2023 were Paraguay ($2.42M), France ($24.9k), and Spain ($12.1k).

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 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 (2023)$1.1B
IMPORTS (2023)$2.57M
NET TRADE (2023)$1.09B

In 2023, Argentina exported $1.1B in Wheat. The main destinations of Argentina exports on Wheat were Brazil ($779M), Chile ($60M), Peru ($59.9M), Dominican Republic ($59M), and Indonesia ($46.6M).

In 2023, Argentina imported $2.57M in Wheat, mainly from Paraguay ($2.42M), United States ($97k), France ($35.4k), Spain ($12.1k), and Brazil ($3.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Argentina WERE (2022 - 2023):
Dominican Republic$21.6M (57.6%)
Canada$172k (155k%)
Bolivia$102k (2.65%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Argentina WERE (2022 - 2023):
Brazil-$740M (-48.7%)
Nigeria-$483M (-100%)
Indonesia-$383M (-89.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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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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