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2023
Flag → Flag
Exports $140MRnk 77 / 137
2023
Flag → Flag
Top Product $37.1MMixed Mineral or Chemical Fertilizers
2023
Flag → Flag
Exports $233MRnk 45 / 168
2023
Flag → Flag
Top Product $53.9MEdible Offal
2023
Flag
Economic Complexity (ECI) ECI 0.3Rnk 50 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.043Rnk 61 / 132
2023
Flag  
GDP$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP GROWTH-11.8%CURRENT US$
Rnk 183 / 195
2023
Flag
 GDP$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH17%CURRENT US$
Rnk 148 / 195
2023
Flag
GDP PC $13,817CURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP PC GROWTH-13.3%CURRENT US$
Rnk 170 / 195
2023
Flag
GDP PC$14,187CURRENT US$
Rnk 73 / 196
2013-2023
Flag
GDP PC GROWTH9.44%CURRENT US$
Rnk 135 / 195

About

Russia-Argentina Trade: In 2023, Russia exported $140M to Argentina. The main products that Russia exported to Argentina were Mixed Mineral or Chemical Fertilizers ($37.1M), Nitrogenous Fertilizers ($30.3M), and Synthetic Rubber ($22.9M). Over the past 5 years the exports of Russia to Argentina have decreased at an annualized rate of 22.7%, from $507M in 2018 to $140M in 2023.

In 2020, Russia exported services to Argentina worth $1.91M, with Transportation ($795k), Other business services ($736k), and Royalties and license fees ($218k) being the largest in terms of value.

Argentina-Russia Trade: In 2023, Argentina exported $233M to Russia. The main products that Argentina exported to Russia were Edible Offal ($53.9M), Crustaceans ($34.6M), and Apples and Pears ($32.9M). Over the past 5 years the exports of Argentina to Russia have decreased at an annualized rate of 22%,  from $805M in 2018 to $233M in 2023.

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

Comparison: In 2023,  Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $3.23M and imported $70.1M from Argentina, resulting in a negative trade balance of $66.8M. Between January 2021 and January 2022 the exports of Russia have decreased by $-3.85M (-54.4%) from $7.08M to $3.23M, while imports increased by $39.9M (132%) from $30.2M to $70.1M.

Trade In January 2022, the top exports of Russia to Argentina were Vaccines, blood, antisera, toxins and cultures ($5.17M), Ferroalloys ($214k), Halogenated Hydrocarbons ($177k), Styrene Polymers ($141k), and Lifting Machinery ($140k). In January 2022 the top imports of Russia from Argentina were Edible Offal ($4.22M), Butter ($3.71M), Crustaceans ($3.52M), Ground Nuts ($2.77M), and Cheese ($2.27M).

Origins In January 2022 the exports of Russia were mainly from SARATOV REGION ($457k), LENINGRAD REGION ($388k), ORENBURG REGION ($348k), OMSK REGION ($343k), and REPUBLIC OF TATARSTAN ($253k), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($23.4M), KALININGRAD REGION ($16.7M), ST. PETERSBURG ($9.12M), PSKOV REGION ($6.85M), and MOSCOW REGION ($4.74M).

Growth In January 2022, the decrease in Russia's year-by-year exports to Argentina was explained primarily by an decrease in product exports in Newsprint ($-57k or -66.5%), Synthetic Rubber ($-25k or -17.5%), and Carbonates ($-20.3k or -44.5%). In January 2022, the increase in Russia's year-by-year imports  from Argentina was explained primarily by an increase in product imports  in Crustaceans ($1.81M or 105%), Animal Organs ($342k or 154%), and Other Edible Preparations ($234k or 35.8%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2021 - January 2022)$-3.85M(-54.4%)
IMPORT GROWTH (January 2021 - January 2022)$39.9M(132%)
MAIN EXPORTER (January 2022)SARATOV REGION$457k

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Russia exported $140M to Argentina. The main products exported from Russia to Argentina were Mixed Mineral or Chemical Fertilizers ($37.1M), Nitrogenous Fertilizers ($30.3M), and Synthetic Rubber ($22.9M). During the last 5 years the exports of Russia to Argentina have decreased at an annualized rate of 22.7%, from $507M in 2018 to $140M in 2023.

In 2018, Argentina exported $233M to Russia. The main products exported from Argentina to Russia were Edible Offal ($53.9M), Crustaceans ($34.6M), and Apples and Pears ($32.9M). During the last 5 years the exports of Argentina to Russia have decreased at an annualized rate of 22%, from $805M in 2023 to $233M in 2018.

Exports from Russia (Flag) to Argentina (Flag) (2023)

Exports from Argentina (Flag) to Russia (Flag) (2023)

Market Competitiveness

Color
Russia
Top DestinationChina$129B
Argentina
Top DestinationBrazil$12.1B

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

In 2023, countries that imported more from Russia than Argentina included China ($129B), India ($66.1B), and Turkey ($31B).

In 2023, countries that imported more from Argentina than Russia included Chile ($5.57B), Peru ($2.55B), and Vietnam ($2.07B).

Difference in imports from Argentina (Flag) and Russia (Flag) (2023)

Comparative Advantage Russia - Argentina

Flow
Scale

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

During 2023, Russia had a large net trade with Argentina in the exports of Chemical Products ($79.3M), Metals ($23.5M), and Plastics and Rubbers ($23.4M).

During 2018, Argentina had a large net trade with Russia in the exports of Animal Products ($143M), Vegetable Products ($86.7M), and Foodstuffs ($3.13M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Argentina+$11.9kRefined Petroleum
Top Product Potential Argentina Russia+$7.89kCars

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

Product Space of Russia (Flag) and Argentina (Flag) (2023)

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