Argentina (ARG) and Indonesia (IDN) Trade | The Observatory of Economic Complexity

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Argentina-Indonesia Trade: In 2023, Argentina exported $1.07B to Indonesia. The main products that Argentina exported to Indonesia were Soybean Meal ($654M), Corn ($176M), and Wheat ($46.6M). Over the past 5 years the exports of Argentina to Indonesia have decreased at an annualized rate of 4.02%, from $1.31B in 2018 to $1.07B in 2023.

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

Indonesia-Argentina Trade: In 2023, Indonesia exported $355M to Argentina. The main products that Indonesia exported to Argentina were Textile Footwear ($46.3M), Rubber Footwear ($38.1M), and Rubber ($36M). Over the past 5 years the exports of Indonesia to Argentina have increased at an annualized rate of 0.23%, from $350M in 2018 to $355M in 2023.

In 2023, Indonesia 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, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Argentina exported $1.07B to Indonesia. The main products exported from Argentina to Indonesia were Soybean Meal ($654M), Corn ($176M), and Wheat ($46.6M). During the last 5 years the exports of Argentina to Indonesia have decreased at an annualized rate of 4.02%, from $1.31B in 2018 to $1.07B in 2023.

In 2018, Indonesia exported $355M to Argentina. The main products exported from Indonesia to Argentina were Textile Footwear ($46.3M), Rubber Footwear ($38.1M), and Rubber ($36M). During the last 5 years the exports of Indonesia to Argentina have increased at an annualized rate of 0.23%, from $350M in 2023 to $355M in 2018.

Exports from Argentina () to Indonesia () (2023)

Exports from Indonesia () to Argentina () (2023)

Latest Data

Trade between Argentina () and Indonesia ()

Argentina Exports

Date

Indonesia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Argentina
Top DestinationBrazil$12.1B

Indonesia
Top DestinationChina$70.7B

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

In 2023, countries that imported more from Indonesia than Argentina included China ($70.7B), Japan ($23.7B), and United States ($27.9B).

Difference in imports from Indonesia () and Argentina () (2023)

Comparative Advantage Argentina - Indonesia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Argentina had a large net trade with Indonesia in the exports of Foodstuffs ($663M), Vegetable Products ($242M), and Animal Products ($59.8M).

During 2018, Indonesia had a large net trade with Argentina in the exports of Machines ($118M), Footwear and Headwear ($96.3M), and Plastics and Rubbers ($44.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

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Historical Data

Bilateral Trade by Products

Exports from Argentina () to Indonesia () (2023)

Exports from Indonesia () to Argentina () (2023)

Latest Data

Trade between Argentina () and Indonesia ()

Argentina Exports

Indonesia Exports

Market Competitiveness

Difference in imports from Indonesia () and Argentina () (2023)

Comparative Advantage Argentina - Indonesia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Argentina () and Indonesia () (2023)

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