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2022
Flag → Flag
Exports $1.52BRnk 55 / 221
2022
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Top Product $81.3MVaccines, blood, antisera, toxins and cultures
2022
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Exports $1.09BRnk 18 / 168
2022
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Top Product $565MSoybean Meal
2022
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Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
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Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
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GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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 GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
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GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
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GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
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GDP PC$13,686CURRENT US$
Rnk 65 / 186
2012-2022
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GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186

About

Italy-Argentina In 2022, Italy exported $1.52B to Argentina. The main products that Italy exported to Argentina are Vaccines, blood, antisera, toxins and cultures ($81.3M), Refined Petroleum ($62.8M), and Washing and Bottling Machines ($49.9M). During the last 27 years the exports of Italy to Argentina have increased at an annualized rate of 0.22%, from $1.43B in 1995 to $1.52B in 2022.

In 2020, Italy exported services to Argentina worth $233M, with Travel ($90.2M), Other business services ($52M), and Transportation ($25.7M) being the largest in terms of value.

Argentina-Italy In 2022, Argentina exported $1.09B to Italy. The main products that Argentina exported to Italy were Soybean Meal ($565M), Crustaceans ($79.2M), and Crude Petroleum ($78.4M). During the last 27 years the exports of Argentina to Italy have increased at an annualized rate of 1.2%, from $791M in 1995 to $1.09B in 2022.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Latest Trends

January, 2024

About

Overview In January 2024, Italy exported €86.4M and imported €30.5M from Argentina, resulting in a positive trade balance of €55.9M. Between January 2023 and January 2024 the exports of Italy have increased by €52.7M (156%) from €33.7M to €86.4M, while imports decreased by €-41.9M (-57.9%) from €72.4M to €30.5M.

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€52.7M(156%)
IMPORT GROWTH (January 2023 - January 2024)€-41.9M(-57.9%)

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

To check Argentina and Italy trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $1.52B to Argentina. The main products exported from Italy to Argentina were Vaccines, blood, antisera, toxins and cultures ($81.3M), Refined Petroleum ($62.8M), and Washing and Bottling Machines ($49.9M). During the last 27 years the exports of Italy to Argentina have increased at an annualized rate of 0.22%, from $1.43B in 1995 to $1.52B in 2022.

In 2022, Argentina exported $1.09B to Italy. The main products exported from Argentina to Italy were Soybean Meal ($565M), Crustaceans ($79.2M), and Crude Petroleum ($78.4M). During the last 27 years the exports of Argentina to Italy have increased at an annualized rate of 1.2%, from $791M in 1995 to $1.09B in 2022.

Exports from Italy (Flag) to Argentina (Flag) (2022)

Exports from Argentina (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Argentina
Top DestinationBrazil$12.6B

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

In 2021, countries that imported more from Italy than Argentina were Germany ($78.5B), France ($63.8B), and United States ($68.2B).

In 2021, countries that imported more from Argentina than Italy were Brazil ($12.6B), Chile ($5.11B), and Peru ($2.49B).

Difference in imports from Argentina (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Argentina

Flow
Scale

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

During 2022, Italy had a large net trade with Argentina in the exports of Machines ($672M), Chemical Products ($276M), and Metals ($110M).

During 2022, Argentina had a large net trade with Italy in the exports of Foodstuffs ($602M), Animal Products ($155M), and Vegetable Products ($121M).

Service Trade

Bilateral Service Trade

In 2020, Italy exported services to Argentina worth $233M, with Travel ($90.2M), Other business services ($52M), and Transportation ($25.7M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Italy (Flag) to Argentina (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Italy has comparative advantage over Argentina. Similarly, the more yellow a dot/product is, the more Argentina has comparative advantage over Italy.

Product Space of Italy (Flag) and Argentina (Flag) (2022)

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