Indonesia (IDN) and Argentina (ARG) Trade | The Observatory of Economic Complexity

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Indonesia-Argentina Trade: In 2023, Indonesia exported $355M to Argentina. The main products that Indonesia exported to Argentina were Textile Footwear ($46.3M), Rubber Footwear ($38.1M), and Rubber ($36M). Over the past 5 years the exports of Indonesia to Argentina have increased at an annualized rate of 0.28%, from $350M in 2018 to $355M in 2023.

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

Argentina-Indonesia Trade: In 2023, Argentina exported $1.07B to Indonesia. The main products that Argentina exported to Indonesia were Soybean Meal ($654M), Corn ($176M), and Wheat ($46.6M). Over the past 5 years the exports of Argentina to Indonesia have decreased at an annualized rate of 4.02%, from $1.31B in 2018 to $1.07B in 2023.

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

Comparison: In 2023, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Indonesia exported $355M to Argentina. The main products exported from Indonesia to Argentina were Textile Footwear ($46.3M), Rubber Footwear ($38.1M), and Rubber ($36M). During the last 5 years the exports of Indonesia to Argentina have increased at an annualized rate of 0.28%, from $350M in 2018 to $355M in 2023.

In 2018, Argentina exported $1.07B to Indonesia. The main products exported from Argentina to Indonesia were Soybean Meal ($654M), Corn ($176M), and Wheat ($46.6M). During the last 5 years the exports of Argentina to Indonesia have decreased at an annualized rate of 4.02%, from $1.31B in 2023 to $1.07B in 2018.

Exports from Indonesia () to Argentina () (2023)

Exports from Argentina () to Indonesia () (2023)

Latest Data

Trade between Indonesia () and Argentina ()

Indonesia Exports

Date

Argentina Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Indonesia
Top DestinationChina$70.7B

Argentina
Top DestinationBrazil$12.1B

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

In 2023, countries that imported more from Indonesia than Argentina included China ($70.7B), Japan ($23.7B), and United States ($27.9B).

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

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

Comparative Advantage Indonesia - Argentina

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Indonesia had a large net trade with Argentina in the exports of Machines ($118M), Footwear and Headwear ($96.3M), and Plastics and Rubbers ($44.3M).

During 2018, Argentina had a large net trade with Indonesia in the exports of Foodstuffs ($663M), Vegetable Products ($242M), and Animal Products ($59.8M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Indonesia Argentina+$12.1MMotor vehicles; parts and accessories (8701 to 8705)

Top Product Potential Argentina Indonesia+$29.2MSoybeans

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

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Historical Data

Bilateral Trade by Products

Exports from Indonesia () to Argentina () (2023)

Exports from Argentina () to Indonesia () (2023)

Latest Data

Trade between Indonesia () and Argentina ()

Indonesia Exports

Argentina Exports

Market Competitiveness

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

Comparative Advantage Indonesia - Argentina

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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