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2023
Flag → Flag
Exports $513MRnk 30 / 168
2023
Flag → Flag
Top Product $380MSoybean Meal
2023
Flag → Flag
Exports $346MRnk 45 / 211
2023
Flag → Flag
Top Product $184MAluminium Oxide
2023
Flag
Economic Complexity (ECI) ECI 0.043Rnk 61 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.28Rnk 75 / 132
2023
Flag  
GDP$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH17%CURRENT US$
Rnk 148 / 195
2023
Flag
 GDP$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
GDP PC $14,187CURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP PC GROWTH9.44%CURRENT US$
Rnk 135 / 195
2023
Flag
GDP PC$64,821CURRENT US$
Rnk 16 / 196
2013-2023
Flag
GDP PC GROWTH-4.94%CURRENT US$
Rnk 159 / 195

About

Argentina-Australia Trade: In 2023, Argentina exported $513M to Australia. The main products that Argentina exported to Australia were Soybean Meal ($380M), Seed Oils ($23.7M), and Ground Nuts ($17.8M). Over the past 5 years the exports of Argentina to Australia have decreased at an annualized rate of 2.43%, from $580M in 2018 to $513M in 2023.

In 2023, Argentina did not export any services to Australia.

Australia-Argentina Trade: In 2023, Australia exported $346M to Argentina. The main products that Australia exported to Argentina were Aluminium Oxide ($184M), Coal Briquettes ($91.4M), and Coke ($17.3M). Over the past 5 years the exports of Australia to Argentina have decreased at an annualized rate of 0.54%,  from $355M in 2018 to $346M in 2023.

In 2023, Australia did not export any services to Argentina.

Comparison: In 2023,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B). That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Argentina exported $513M to Australia. The main products exported from Argentina to Australia were Soybean Meal ($380M), Seed Oils ($23.7M), and Ground Nuts ($17.8M). During the last 5 years the exports of Argentina to Australia have decreased at an annualized rate of 2.43%, from $580M in 2018 to $513M in 2023.

In 2018, Australia exported $346M to Argentina. The main products exported from Australia to Argentina were Aluminium Oxide ($184M), Coal Briquettes ($91.4M), and Coke ($17.3M). During the last 5 years the exports of Australia to Argentina have decreased at an annualized rate of 0.54%, from $355M in 2023 to $346M in 2018.

Exports from Argentina (Flag) to Australia (Flag) (2023)

Exports from Australia (Flag) to Argentina (Flag) (2023)

Latest Data

Trade between Argentina (Flag) and Australia (Flag)

Argentina Exports

Australia Exports

Market Competitiveness

Color
Argentina
Top DestinationBrazil$12.1B
Australia
Top DestinationChina$137B

This map shows whether countries import more from Argentina or Australia. Each country is colored based on the difference in imports they receive from Argentina and Australia or the difference in the growth in imports.

In 2023, countries that imported more from Argentina than Australia included Brazil ($12.1B), Chile ($5.57B), and Peru ($2.55B).

In 2023, countries that imported more from Australia than Argentina included China ($137B), Japan ($59B), and South Korea ($20.9B).

Difference in imports from Australia (Flag) and Argentina (Flag) (2023)

Comparative Advantage Argentina - Australia

Flow
Scale

This chart compares trade between Argentina and Australia by product, considering products traded by both, Argentina and Australia.

During 2023, Argentina had a large net trade with Australia in the exports of Foodstuffs ($396M), Animal and Vegetable Bi-Products ($26.6M), and Vegetable Products ($22.7M).

During 2018, Australia had a large net trade with Argentina in the exports of Chemical Products ($198M), Mineral Products ($109M), and Machines ($10.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Australia+$46.1MDelivery Trucks
Top Product Potential Australia Argentina+$5.53MVaccines, blood, antisera, toxins and cultures

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Argentina and Australia. This means that a dot/product with the flag of Argentina indicates it has a comparative advantage over Australia. Similarly, a dot/product with the flag of Australia indicates it has a comparative advantage over Argentina.

Product Space of Argentina (Flag) and Australia (Flag) (2023)

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