Saudi Arabia (SAU) and Argentina (ARG) Trade | The Observatory of Economic Complexity

About

Saudi Arabia-Argentina Trade: In 2023, Saudi Arabia exported $279M to Argentina. The main products that Saudi Arabia exported to Argentina were Refined Petroleum ($235M), Ethylene Polymers ($14.3M), and Propylene Polymers ($9.59M). Over the past 5 years the exports of Saudi Arabia to Argentina have decreased at an annualized rate of 0.9%, from $292M in 2018 to $279M in 2023.

In 2023, Saudi Arabia did not export any services to Argentina.

Argentina-Saudi Arabia In N/A, Argentina did not export any products to Saudi Arabia.

In 2023, Argentina did not export any services to Saudi Arabia.

Comparison: In 2023, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). 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, Saudi Arabia exported $279M to Argentina. The main products exported from Saudi Arabia to Argentina were Refined Petroleum ($235M), Ethylene Polymers ($14.3M), and Propylene Polymers ($9.59M). During the last 5 years the exports of Saudi Arabia to Argentina have decreased at an annualized rate of 0.9%, from $292M in 2018 to $279M in 2023.

Argentina does not register exports to Saudi Arabia. The main products exported from Argentina to Saudi Arabia were Soybean Meal ($255M), Corn ($235M), and Iron Pipes ($83.6M).

Exports from Saudi Arabia () to Argentina () (2023)

Exports from Argentina () to Saudi Arabia () (2023)

Latest Data

Trade between Saudi Arabia () and Argentina ()

Saudi Arabia Exports

Date

Argentina Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saudi Arabia
Top DestinationChina$64.4B

Argentina
Top DestinationBrazil$12.1B

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

In 2023, countries that imported more from Saudi Arabia than Argentina included China ($64.4B), Japan ($34.7B), and India ($34.8B).

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

Difference in imports from Argentina () and Saudi Arabia () (2023)

Comparative Advantage Saudi Arabia - Argentina

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Saudi Arabia had a large net trade with Argentina in the exports of Mineral Products ($241M), Plastics and Rubbers ($27M), and Chemical Products ($7.78M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Saudi Arabia Argentina+$10.2kRefined Petroleum

Top Product Potential Argentina Saudi Arabia+$8.02kCars

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Saudi Arabia and Argentina. This means that a dot/product with the flag of Saudi Arabia indicates it has a comparative advantage over Argentina. Similarly, a dot/product with the flag of Argentina indicates it has a comparative advantage over Saudi Arabia.

About

Historical Data

Bilateral Trade by Products

Exports from Saudi Arabia () to Argentina () (2023)

Exports from Argentina () to Saudi Arabia () (2023)

Latest Data

Trade between Saudi Arabia () and Argentina ()

Saudi Arabia Exports

Argentina Exports

Market Competitiveness

Difference in imports from Argentina () and Saudi Arabia () (2023)

Comparative Advantage Saudi Arabia - Argentina

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Saudi Arabia () and Argentina () (2023)

Keep Exploring