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2022
Flag → Flag
Exports $667MRnk 57 / 224
2022
Flag → Flag
Top Product $132MPlatinum
2022
Flag → Flag
Exports $925MRnk 22 / 168
2022
Flag → Flag
Top Product $283MSoybean Meal
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
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Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
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GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
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GDP PC $45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186

About

United Kingdom-Argentina Trade: In 2022, United Kingdom exported $667M to Argentina. The main products that United Kingdom exported to Argentina were Platinum ($132M), Refined Petroleum ($60.4M), and Vaccines, blood, antisera, toxins and cultures ($39.9M). Over the past 5 years the exports of United Kingdom to Argentina have increased at an annualized rate of 6.68%, from $483M in 2017 to $667M in 2022.

In 2019, United Kingdom exported services to Argentina worth $435M, with Travel ($267M), Transportation ($63.7M), and Government services, n.i.e. ($33.1M) being the largest in terms of value.

Argentina-United Kingdom Trade: In 2022, Argentina exported $925M to United Kingdom. The main products that Argentina exported to United Kingdom were Soybean Meal ($283M), Other Vegetable Residues and Waste ($111M), and Wine ($110M). Over the past 5 years the exports of Argentina to United Kingdom have increased at an annualized rate of 1.54%,  from $857M in 2017 to $925M in 2022.

In 2022, Argentina did not export any services to United Kingdom.

Comparison: In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Latest Trends

July, 2024

About

Overview In July 2024, United Kingdom exported £22M and imported £261M from Argentina, resulting in a negative trade balance of £239M. Between July 2023 and July 2024 the exports of United Kingdom have decreased by £-17.6M (-44.4%) from £39.6M to £22M, while imports increased by £196M (299%) from £65.4M to £261M.

Trade In July 2024, the top exports of United Kingdom to Argentina were Vaccines, blood, antisera, toxins and cultures (£3.43M), Platinum (£3.26M), Packaged Medicaments (£2.56M), Pesticides (£2.51M), and Oxygen Heterocyclic Compounds (£2.45M). In July 2024 the top imports of United Kingdom from Argentina were Soybean Meal (£39.9M), Other Vegetable Residues and Waste (£11M), Wine (£9.12M), Corn (£7.34M), and Ground Nuts (£5.07M).

Origins In July 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£11.2M), London Gateway (£6.92M), London (£897k), East Midlands Airport (£848k), and Liverpool (£460k), while imports destinations were mainly London Heathrow Airport (£184M), Immingham (£18.3M), Liverpool (£13.4M), London Gateway (£12.3M), and Belfast (£10.8M).

Growth In July 2024, the decrease in United Kingdom's year-by-year exports to Argentina was explained primarily by an decrease in product exports in Refined Petroleum (£-17.6M or -99.9%), Platinum (£-4.73M or -59.2%), and Vaccines, blood, antisera, toxins and cultures (£-2.01M or -36.9%). In July 2024, the increase in United Kingdom's year-by-year imports  from Argentina was explained primarily by an increase in product imports  in Soybean Meal (£25.2M or 172%), Other Vegetable Residues and Waste (£8.52M or 341%), and Corn (£7.09M or 2.84k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)£-17.6M(-44.4%)
IMPORT GROWTH (July 2023 - July 2024)£196M(299%)
MAIN EXPORTER (July 2024)London Heathrow Airport£11.2M

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Argentina and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Argentina and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $667M to Argentina. The main products exported from United Kingdom to Argentina were Platinum ($132M), Refined Petroleum ($60.4M), and Vaccines, blood, antisera, toxins and cultures ($39.9M). During the last 5 years the exports of United Kingdom to Argentina have increased at an annualized rate of 6.68%, from $483M in 2017 to $667M in 2022.

In 2017, Argentina exported $925M to United Kingdom. The main products exported from Argentina to United Kingdom were Soybean Meal ($283M), Other Vegetable Residues and Waste ($111M), and Wine ($110M). During the last 5 years the exports of Argentina to United Kingdom have increased at an annualized rate of 1.54%, from $857M in 2022 to $925M in 2017.

Exports from United Kingdom (Flag) to Argentina (Flag) (2022)

Exports from Argentina (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$61.8B
Argentina
Top DestinationBrazil$12.6B

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

In 2022, countries that imported more from United Kingdom than Argentina included United States ($61.8B), Germany ($40.6B), and Netherlands ($41.9B).

In 2022, countries that imported more from Argentina than United Kingdom included Brazil ($12.6B), Chile ($5.11B), and Vietnam ($3.25B).

Difference in imports from Argentina (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Argentina

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Argentina in the exports of Chemical Products ($188M), Precious Metals ($132M), and Machines ($121M).

During 2017, Argentina had a large net trade with United Kingdom in the exports of Foodstuffs ($631M), Vegetable Products ($129M), and Mineral Products ($80.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Argentina+$60.4MRefined Petroleum
Top Product Potential Argentina United Kingdom+$65.5MCrude 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 United Kingdom and Argentina. This means that a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Argentina. Similarly, a dot/product with the flag of Argentina indicates it has a comparative advantage over United Kingdom.

Product Space of United Kingdom (Flag) and Argentina (Flag) (2022)

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