2022
Flag  
GDP
$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH
15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
 GDP
$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH
43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
GDP PC 
$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH
4.61%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC
$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH
30.5%CURRENT US$
Rnk 62 / 186

About

Argentina-Indonesia Trade: In 2022, Argentina exported $2.12B to Indonesia. The main products that Argentina exported to Indonesia were Soybean Meal ($1.3B), Wheat ($414M), and Corn ($225M). Over the past 5 years the exports of Argentina to Indonesia have increased at an annualized rate of 14.2%, from $1.09B in 2017 to $2.12B in 2022.

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

Indonesia-Argentina Trade: In 2022, Indonesia exported $448M to Argentina. The main products that Indonesia exported to Argentina were Nitrogenous Fertilizers ($83.3M), Rubber ($48.8M), and Broadcasting Accessories ($43.2M). Over the past 5 years the exports of Indonesia to Argentina have increased at an annualized rate of 5.22%,  from $348M in 2017 to $448M in 2022.

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

Comparison: In 2022,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B). That same year, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Argentina exported $2.12B to Indonesia. The main products exported from Argentina to Indonesia were Soybean Meal ($1.3B), Wheat ($414M), and Corn ($225M). During the last 5 years the exports of Argentina to Indonesia have increased at an annualized rate of 14.2%, from $1.09B in 2017 to $2.12B in 2022.

In 2017, Indonesia exported $448M to Argentina. The main products exported from Indonesia to Argentina were Nitrogenous Fertilizers ($83.3M), Rubber ($48.8M), and Broadcasting Accessories ($43.2M). During the last 5 years the exports of Indonesia to Argentina have increased at an annualized rate of 5.22%, from $348M in 2022 to $448M in 2017.

Exports from Argentina (Flag) to Indonesia (Flag) (2022)

Exports from Indonesia (Flag) to Argentina (Flag) (2022)

Latest Data

Trade between Argentina (Flag) and Indonesia (Flag)

Argentina Exports

Indonesia Exports

Market Competitiveness

Color
Argentina
Top Destination
Brazil$12.6B
Indonesia
Top Destination
China$67.7B

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

In 2022, countries that imported more from Argentina than Indonesia included Brazil ($12.6B), Chile ($5.11B), and Peru ($2.49B).

In 2022, countries that imported more from Indonesia than Argentina included China ($67.7B), Japan ($26.6B), and United States ($31.6B).

Difference in imports from Indonesia (Flag) and Argentina (Flag) (2022)

Comparative Advantage Argentina - Indonesia

Flow
Scale

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

During 2022, Argentina had a large net trade with Indonesia in the exports of Foodstuffs ($1.3B), Vegetable Products ($681M), and Animal Products ($54.1M).

During 2017, Indonesia had a large net trade with Argentina in the exports of Machines ($109M), Chemical Products ($93.2M), and Footwear and Headwear ($85.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Indonesia+$29.2MSoybeans
Top Product Potential Indonesia Argentina+$12.1MMotor vehicles; parts and accessories (8701 to 8705)

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 Indonesia. This means that a dot/product with the flag of Argentina indicates it has a comparative advantage over Indonesia. Similarly, a dot/product with the flag of Indonesia indicates it has a comparative advantage over Argentina.

Product Space of Argentina (Flag) and Indonesia (Flag) (2022)

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