Germany-Argentina Trade: In 2023, Germany exported $2.8B to Argentina. The main products that Germany exported to Argentina were Motor vehicles; parts and accessories (8701 to 8705) ($250M), Packaged Medicaments ($231M), and Vaccines, blood, antisera, toxins and cultures ($201M). Over the past 5 years the exports of Germany to Argentina have decreased at an annualized rate of 3.9%, from $3.42B in 2018 to $2.8B in 2023.
In 2020, Germany exported services to Argentina worth $167M, with Other business services ($88M), Computer and information services ($68.6M), and Financial services ($5.71M) being the largest in terms of value.
Argentina-Germany Trade: In 2023, Argentina exported $814M to Germany. The main products that Argentina exported to Germany were Bovine Meat ($269M), Hormones ($120M), and Precious Metal Ore ($40.8M). Over the past 5 years the exports of Argentina to Germany have decreased at an annualized rate of 9.93%, from $1.37B in 2018 to $814M in 2023.
In 2023, Argentina did not export any services to Germany.
Comparison: In 2023, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B).