Argentina (ARG) and Spain (ESP) Trade | The Observatory of Economic Complexity

About

Argentina-Spain In 2022, Argentina exported $1.72B to Spain. The main products that Argentina exported to Spain are Soybean Meal ($712M), Crustaceans ($347M), and Soybean Oil ($88.1M). During the last 27 years the exports of Argentina to Spain have increased at an annualized rate of 2.97%, from $780M in 1995 to $1.72B in 2022.

In 2022, Argentina did not export any services to Spain.

Spain-Argentina In 2022, Spain exported $1.28B to Argentina. The main products that Spain exported to Argentina were Motor vehicles; parts and accessories (8701 to 8705) ($115M), Refined Petroleum ($55.7M), and Mixed Mineral or Chemical Fertilizers ($43.8M). During the last 27 years the exports of Spain to Argentina have increased at an annualized rate of 0.77%, from $1.04B in 1995 to $1.28B in 2022.

In 2009, Spain exported services to Argentina worth $1.16B, with Services not allocated ($745M), Travel ($229M), and Transportation ($183M) being the largest in terms of value.

Comparison In 2022, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B). That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Argentina exported $1.72B to Spain. The main products exported from Argentina to Spain were Soybean Meal ($712M), Crustaceans ($347M), and Soybean Oil ($88.1M). During the last 27 years the exports of Argentina to Spain have increased at an annualized rate of 2.97%, from $780M in 1995 to $1.72B in 2022.

In 2022, Spain exported $1.28B to Argentina. The main products exported from Spain to Argentina were Motor vehicles; parts and accessories (8701 to 8705) ($115M), Refined Petroleum ($55.7M), and Mixed Mineral or Chemical Fertilizers ($43.8M). During the last 27 years the exports of Spain to Argentina have increased at an annualized rate of 0.77%, from $1.04B in 1995 to $1.28B in 2022.

Exports from Argentina () to Spain () (2022)

Exports from Spain () to Argentina () (2022)

Latest Data

Trade between Argentina () and Spain ()

Argentina Exports

Date

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Argentina
Top DestinationBrazil$12.6B

Spain
Top DestinationFrance$65.2B

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

In 2021, countries that imported more from Argentina than Spain were Brazil ($12.6B), Chile ($5.11B), and Vietnam ($3.25B).

In 2021, countries that imported more from Spain than Argentina were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

Difference in imports from Spain () and Argentina () (2022)

Comparative Advantage Argentina - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Argentina had a large net trade with Spain in the exports of Foodstuffs ($820M), Animal Products ($455M), and Vegetable Products ($187M).

During 2022, Spain had a large net trade with Argentina in the exports of Machines ($302M), Chemical Products ($299M), and Transportation ($166M).

Service Trade

Bilateral Service Trade

Esp Year

In 2009, Spain exported services to Argentina worth $1.16B, with Services not allocated ($745M), Travel ($229M), and Transportation ($183M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Spain () to Argentina () (2009)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Argentina has comparative advantage over Spain. Similarly, the more yellow a dot/product is, the more Spain has comparative advantage over Argentina.

About

Historical Data

Bilateral Trade by Products

Exports from Argentina () to Spain () (2022)

Exports from Spain () to Argentina () (2022)

Latest Data

Trade between Argentina () and Spain ()

Argentina Exports

Spain Exports

Market Competitiveness

Difference in imports from Spain () and Argentina () (2022)

Comparative Advantage Argentina - Spain

Service Trade

Bilateral Service Trade

Services Exports from Spain () to Argentina () (2009)

Economic Complexity

Competitive Landscape

Product Space of Argentina () and Spain () (2022)

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