Greece (GRC) and Argentina (ARG) Trade | The Observatory of Economic Complexity

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Greece-Argentina Trade: In 2022, Greece exported $18.6M to Argentina. The main products that Greece exported to Argentina were Petroleum Coke ($6.37M), Refined Petroleum ($2.48M), and Packaged Medicaments ($1.42M). Over the past 5 years the exports of Greece to Argentina have decreased at an annualized rate of 3.48%, from $22.2M in 2017 to $18.6M in 2022.

In 2020, Greece exported services to Argentina worth $285M, with Transportation ($282M), Travel ($2.28M), and Personal, cultural, and recreational services ($343k) being the largest in terms of value.

Argentina-Greece Trade: In 2022, Argentina exported $261M to Greece. The main products that Argentina exported to Greece were Soybean Meal ($210M), Ground Nuts ($18.7M), and Citrus ($8.66M). Over the past 5 years the exports of Argentina to Greece have increased at an annualized rate of 10.5%, from $143M in 2017 to $261M in 2022.

In 2022, Argentina did not export any services to Greece.

Comparison: In 2022, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Greece exported $18.6M to Argentina. The main products exported from Greece to Argentina were Petroleum Coke ($6.37M), Refined Petroleum ($2.48M), and Packaged Medicaments ($1.42M). During the last 5 years the exports of Greece to Argentina have decreased at an annualized rate of 3.48%, from $22.2M in 2017 to $18.6M in 2022.

In 2017, Argentina exported $261M to Greece. The main products exported from Argentina to Greece were Soybean Meal ($210M), Ground Nuts ($18.7M), and Citrus ($8.66M). During the last 5 years the exports of Argentina to Greece have increased at an annualized rate of 10.5%, from $143M in 2022 to $261M in 2017.

Exports from Greece () to Argentina () (2022)

Exports from Argentina () to Greece () (2022)

Latest Data

Trade between Greece () and Argentina ()

Greece Exports

Date

Argentina Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$5.82B

Argentina
Top DestinationBrazil$12.6B

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

In 2022, countries that imported more from Greece than Argentina included Italy ($5.82B), Bulgaria ($3.62B), and Cyprus ($2.92B).

In 2022, countries that imported more from Argentina than Greece included Brazil ($12.6B), China ($8B), and Chile ($5.11B).

Difference in imports from Argentina () and Greece () (2022)

Comparative Advantage Greece - Argentina

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Greece had a large net trade with Argentina in the exports of Mineral Products ($8.85M), Machines ($3.22M), and Chemical Products ($1.87M).

During 2017, Argentina had a large net trade with Greece in the exports of Foodstuffs ($214M), Vegetable Products ($31M), and Animal Products ($13.7M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Greece Argentina+$8.03MRefined Petroleum

Top Product Potential Argentina Greece+$2.87MCorn

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 Greece and Argentina. This means that a dot/product with the flag of Greece indicates it has a comparative advantage over Argentina. Similarly, a dot/product with the flag of Argentina indicates it has a comparative advantage over Greece.

About

Historical Data

Bilateral Trade by Products

Exports from Greece () to Argentina () (2022)

Exports from Argentina () to Greece () (2022)

Latest Data

Trade between Greece () and Argentina ()

Greece Exports

Argentina Exports

Market Competitiveness

Difference in imports from Argentina () and Greece () (2022)

Comparative Advantage Greece - Argentina

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Greece () and Argentina () (2022)

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