2022
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GDP
$633BCURRENT US$
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2012-2022
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GDP GROWTH
15.9%CURRENT US$
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2022
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 GDP
$1.11TCURRENT US$
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2012-2022
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GDP GROWTH
49.4%CURRENT US$
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2022
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GDP PC 
$13,686CURRENT US$
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2012-2022
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GDP PC GROWTH
4.61%CURRENT US$
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2022
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GDP PC
$30,436CURRENT US$
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2012-2022
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GDP PC GROWTH
26.5%CURRENT US$
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About

Argentina-Saudi Arabia Trade: In 2022, Argentina exported $1.05B to Saudi Arabia. The main products that Argentina exported to Saudi Arabia were Corn ($626M), Soybean Meal ($297M), and Forage Crops ($27.5M). Over the past 5 years the exports of Argentina to Saudi Arabia have increased at an annualized rate of 7.23%, from $738M in 2017 to $1.05B in 2022.

In 2022, Argentina did not export any services to Saudi Arabia.

Saudi Arabia-Argentina Trade: In 2022, Saudi Arabia exported $966M to Argentina. The main products that Saudi Arabia exported to Argentina were Refined Petroleum ($832M), Mixed Mineral or Chemical Fertilizers ($50.6M), and Acyclic Alcohols ($27.2M). Over the past 5 years the exports of Saudi Arabia to Argentina have increased at an annualized rate of 39.8%,  from $129M in 2017 to $966M in 2022.

In 2022, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Argentina exported $1.05B to Saudi Arabia. The main products exported from Argentina to Saudi Arabia were Corn ($626M), Soybean Meal ($297M), and Forage Crops ($27.5M). During the last 5 years the exports of Argentina to Saudi Arabia have increased at an annualized rate of 7.23%, from $738M in 2017 to $1.05B in 2022.

In 2017, Saudi Arabia exported $966M to Argentina. The main products exported from Saudi Arabia to Argentina were Refined Petroleum ($832M), Mixed Mineral or Chemical Fertilizers ($50.6M), and Acyclic Alcohols ($27.2M). During the last 5 years the exports of Saudi Arabia to Argentina have increased at an annualized rate of 39.8%, from $129M in 2022 to $966M in 2017.

Exports from Argentina (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Argentina (Flag) (2022)

Latest Data

Trade between Argentina (Flag) and Saudi Arabia (Flag)

Argentina Exports

Saudi Arabia Exports

Market Competitiveness

Color
Argentina
Top Destination
Brazil$12.6B
Saudi Arabia
Top Destination
China$68B

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

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

In 2022, countries that imported more from Saudi Arabia than Argentina included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Argentina (Flag) (2022)

Comparative Advantage Argentina - Saudi Arabia

Flow
Scale

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

During 2022, Argentina had a large net trade with Saudi Arabia in the exports of Vegetable Products ($658M), Foodstuffs ($334M), and Animal Products ($47.7M).

During 2017, Saudi Arabia had a large net trade with Argentina in the exports of Mineral Products ($838M), Chemical Products ($84.8M), and Plastics and Rubbers ($41.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Saudi Arabia+$8.02kCars
Top Product Potential Saudi Arabia Argentina+$10.2kRefined 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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Economic Complexity

Competitive Landscape

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

Product Space of Argentina (Flag) and Saudi Arabia (Flag) (2022)

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