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2023
Flag → Flag
Exports $930MRnk 17 / 168
2023
Flag → Flag
Top Product $319MSoybean Meal
2023
Flag → Flag
Exports $617MRnk 59 / 223
2023
Flag → Flag
Top Product $98.5MCombustion Engines
2023
Flag
Economic Complexity (ECI) ECI 0.043Rnk 61 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH17%CURRENT US$
Rnk 148 / 195
2023
Flag
 GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 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$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195

About

Argentina-United Kingdom Trade: In 2023, Argentina exported $930M to United Kingdom. The main products that Argentina exported to United Kingdom were Soybean Meal ($319M), Other Vegetable Residues and Waste ($121M), and Wine ($113M). Over the past 5 years the exports of Argentina to United Kingdom have decreased at an annualized rate of 0.58%, from $957M in 2018 to $930M in 2023.

In 2023, Argentina did not export any services to United Kingdom.

United Kingdom-Argentina Trade: In 2023, United Kingdom exported $617M to Argentina. The main products that United Kingdom exported to Argentina were Combustion Engines ($98.5M), Refined Petroleum ($58.9M), and Platinum ($54.5M). Over the past 5 years the exports of United Kingdom to Argentina have increased at an annualized rate of 1.45%,  from $574M in 2018 to $617M in 2023.

In 2019, United Kingdom exported services to Argentina worth $435M, with Travel ($267M), Transportation ($63.7M), and Government services, n.i.e. ($33.1M) being the largest in terms of value.

Comparison: In 2023,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B). That same year, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Argentina exported $930M to United Kingdom. The main products exported from Argentina to United Kingdom were Soybean Meal ($319M), Other Vegetable Residues and Waste ($121M), and Wine ($113M). During the last 5 years the exports of Argentina to United Kingdom have decreased at an annualized rate of 0.58%, from $957M in 2018 to $930M in 2023.

In 2018, United Kingdom exported $617M to Argentina. The main products exported from United Kingdom to Argentina were Combustion Engines ($98.5M), Refined Petroleum ($58.9M), and Platinum ($54.5M). During the last 5 years the exports of United Kingdom to Argentina have increased at an annualized rate of 1.45%, from $574M in 2023 to $617M in 2018.

Exports from Argentina (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Argentina (Flag) (2023)

Latest Data

Trade between Argentina (Flag) and United Kingdom (Flag)

Argentina Exports

United Kingdom Exports

Market Competitiveness

Color
Argentina
Top DestinationBrazil$12.1B
United Kingdom
Top DestinationUnited States$59.7B

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

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

In 2023, countries that imported more from United Kingdom than Argentina included United States ($59.7B), Germany ($34.6B), and China ($35.3B).

Difference in imports from United Kingdom (Flag) and Argentina (Flag) (2023)

Comparative Advantage Argentina - United Kingdom

Flow
Scale

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

During 2023, Argentina had a large net trade with United Kingdom in the exports of Foodstuffs ($642M), Vegetable Products ($137M), and Animal and Vegetable Bi-Products ($44.2M).

During 2018, United Kingdom had a large net trade with Argentina in the exports of Machines ($203M), Chemical Products ($140M), and Mineral Products ($63.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina United Kingdom+$65.5MCrude Petroleum
Top Product Potential United Kingdom Argentina+$60.4MRefined Petroleum

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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Bilateral Service Trade

In 2019, United Kingdom exported services to Argentina worth $435M, with Travel ($267M), Transportation ($63.7M), and Government services, n.i.e. ($33.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom (Flag) to Argentina (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Argentina (Flag) and United Kingdom (Flag) (2023)

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