Argentina (ARG) and Turkey (TUR) Trade | The Observatory of Economic Complexity

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Argentina-Turkey Trade: In 2023, Argentina exported $628M to Turkey. The main products that Argentina exported to Turkey were Soybean Meal ($464M), Dried Legumes ($35.4M), and Rice ($24.5M). Over the past 5 years the exports of Argentina to Turkey have increased at an annualized rate of 4.46%, from $505M in 2018 to $628M in 2023.

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

Turkey-Argentina Trade: In 2023, Turkey exported $302M to Argentina. The main products that Turkey exported to Argentina were Refined Petroleum ($35.9M), Motor vehicles; parts and accessories (8701 to 8705) ($28.8M), and Iron Blocks ($20.9M). Over the past 5 years the exports of Turkey to Argentina have increased at an annualized rate of 1.64%, from $279M in 2018 to $302M in 2023.

In 2023, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Argentina exported $628M to Turkey. The main products exported from Argentina to Turkey were Soybean Meal ($464M), Dried Legumes ($35.4M), and Rice ($24.5M). During the last 5 years the exports of Argentina to Turkey have increased at an annualized rate of 4.46%, from $505M in 2018 to $628M in 2023.

In 2018, Turkey exported $302M to Argentina. The main products exported from Turkey to Argentina were Refined Petroleum ($35.9M), Motor vehicles; parts and accessories (8701 to 8705) ($28.8M), and Iron Blocks ($20.9M). During the last 5 years the exports of Turkey to Argentina have increased at an annualized rate of 1.64%, from $279M in 2023 to $302M in 2018.

Exports from Argentina () to Turkey () (2023)

Exports from Turkey () to Argentina () (2023)

Latest Data

Trade between Argentina () and Turkey ()

Argentina Exports

Date

Turkey Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Argentina
Top DestinationBrazil$12.1B

Turkey
Top DestinationGermany$24.7B

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

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

In 2023, countries that imported more from Turkey than Argentina included Germany ($24.7B), United Arab Emirates ($14.7B), and United Kingdom ($15.1B).

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

Comparative Advantage Argentina - Turkey

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Argentina had a large net trade with Turkey in the exports of Foodstuffs ($476M), Vegetable Products ($98.8M), and Chemical Products ($18.5M).

During 2018, Turkey had a large net trade with Argentina in the exports of Machines ($80.2M), Mineral Products ($42.4M), and Metals ($38.6M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Argentina Turkey+$36.5MCorn

Top Product Potential Turkey Argentina+$45.1MRefined 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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Argentina () to Turkey () (2023)

Exports from Turkey () to Argentina () (2023)

Latest Data

Trade between Argentina () and Turkey ()

Argentina Exports

Turkey Exports

Market Competitiveness

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

Comparative Advantage Argentina - Turkey

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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