2023
Exports
$713MWorld Rnk 10 / 188
Flag Rnk 19 / 1111
2023
PRODUCT COMPLEXITY IN Wine
-1.07Rnk 849 / 1025
2023
Imports
$7.65MWorld Rnk 117 / 226
Flag Rnk 560 / 1171
2023
ECONOMIC COMPLEXITY of Argentina
0.043Rnk 61 / 132

About

Exports In 2023, Argentina exported $713M in Wine, making it the 10th largest exporter of Wine in the world. At the same year, Wine was the 19th most exported product in Argentina. The main destination of Wine exports from Argentina are: United States ($190M), United Kingdom ($113M), Brazil ($89.3M), Canada ($48.5M), and Mexico ($26.1M).

The fastest growing export markets for Wine of Argentina between 2022 and 2023 were Hong Kong ($1.09M), Ukraine ($677k), and Poland ($462k).

Imports In 2023, Argentina imported $7.65M in Wine, becoming the 117th largest importer of Wine in the world. At the same year, Wine was the 560th most imported product in Argentina. Argentina imports Wine primarily from: France ($3.99M), Chile ($1.3M), Italy ($627k), Spain ($543k), and United Kingdom ($280k).

The fastest growing import markets in Wine for Argentina between 2022 and 2023 were Portugal ($162k), Spain ($132k), and South Africa ($108k).

COMPANIES In 2024, leading companies such as SAC (Société des alcools du Québec) (6) and Palm Bay International (4) were at the forefront of shipping Wine from Argentina to the United States.

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 Wine. 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)$713M
IMPORTS (2023)$7.65M
NET TRADE (2023)$705M

In 2023, Argentina exported $713M in Wine. The main destinations of Argentina exports on Wine were United States ($190M), United Kingdom ($113M), Brazil ($89.3M), Canada ($48.5M), and Mexico ($26.1M).

In 2023, Argentina imported $7.65M in Wine, mainly from France ($3.99M), Chile ($1.3M), Italy ($627k), Spain ($543k), and United Kingdom ($280k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR Argentina WERE (2022 - 2023):
Hong Kong$1.09M (139%)
Ukraine$677k (182%)
Poland$462k (14.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY Argentina WERE (2022 - 2023):
United States-$66M (-25.7%)
Canada-$11.1M (-18.6%)
United Kingdom-$8.85M (-7.25%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Argentina's main exporting competitors in Wine were:
France $13.6B
Italy $8.73B
Spain $3.78B
In 2023, Argentina's main importing competitors in Wine were:

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $18.9M
TOP IMPORT POTENTIALFrance+ $2.6M

Wine’s highest export potential is Brazil. With an export gap of $18.9M.   Wine’s highest import potential is France with an import gap of $2.6M.

See methodology.

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