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Pricing

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

About

Italy-Argentina Trade: In 2022, Italy exported $1.52B to Argentina. The main products that Italy exported to Argentina were Vaccines, blood, antisera, toxins and cultures ($81.3M), Refined Petroleum ($62.8M), and Washing and Bottling Machines ($49.9M). Over the past 5 years the exports of Italy to Argentina have decreased at an annualized rate of 1.71%, from $1.65B in 2017 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 Trade: 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). Over the past 5 years the exports of Argentina to Italy have increased at an annualized rate of 0.57%,  from $1.06B in 2017 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

August, 2024

About

Overview In August 2024, Italy exported €49.5M and imported €84.3M from Argentina, resulting in a negative trade balance of €34.8M. Between August 2023 and August 2024 the exports of Italy have increased by €11.9M (31.6%) from €37.6M to €49.5M, while imports increased by €16.1M (23.5%) from €68.3M to €84.3M.

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€11.9M(31.6%)
IMPORT GROWTH (August 2023 - August 2024)€16.1M(23.5%)

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.

For full datasets download visit Bulk Download page.

Explore Argentina and Italy Data

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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 5 years the exports of Italy to Argentina have decreased at an annualized rate of 1.71%, from $1.65B in 2017 to $1.52B in 2022.

In 2017, 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 5 years the exports of Argentina to Italy have increased at an annualized rate of 0.57%, from $1.06B in 2022 to $1.09B in 2017.

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 2022, countries that imported more from Italy than Argentina included Germany ($78.5B), France ($63.8B), and United States ($68.2B).

In 2022, countries that imported more from Argentina than Italy included 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 2017, Argentina had a large net trade with Italy in the exports of Foodstuffs ($602M), Animal Products ($155M), and Vegetable Products ($121M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Argentina+$58.6MRefined Petroleum
Top Product Potential Argentina Italy+$52.7MCrude 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 Italy and Argentina. This means that a dot/product with the flag of Italy indicates it has a comparative advantage over Argentina. Similarly, a dot/product with the flag of Argentina indicates it has a comparative advantage over Italy.

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

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