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2022
Exports $128MWorld Rnk 3 / 99
Flag Rnk 71 / 1128
2022
Destination $28.7M China
2021 - 2022
FASTEST GROWING MARKET $28.7MChina
2022
PRODUCT COMPLEXITY IN Ground Nut Oil-1.93Rnk 993 / 1025
2022
Imports $17.8kWorld Rnk 99 / 185
Flag Rnk 1131 / 1171
2022
Origin $1.97k United Kingdom
2021 - 2022
FASTEST GROWING ORIGIN $1.97kChina
2022
ECONOMIC COMPLEXITY of Argentina0.064Rnk 61 / 133

About

Exports In 2022, Argentina exported $128M in Ground Nut Oil, making it the 3rd largest exporter of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 71st most exported product in Argentina. The main destination of Ground Nut Oil exports from Argentina are: China ($61M), United States ($29.4M), Netherlands ($17.7M), France ($16M), and Belgium ($1.9M).

The fastest growing export markets for Ground Nut Oil of Argentina between 2021 and 2022 were China ($28.7M), Netherlands ($13.5M), and Chile ($1.63M).

Imports In 2022, Argentina imported $17.8k in Ground Nut Oil, becoming the 99th largest importer of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 1131st most imported product in Argentina. Argentina imports Ground Nut Oil primarily from: United Kingdom ($14.1k), China ($1.97k), and United States ($1.71k).

The fastest growing import markets in Ground Nut Oil for Argentina between 2021 and 2022 were China ($1.97k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Ground Nut Oil. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$128M
IMPORTS (2022)$17.8k
NET TRADE (2022)$128M

In 2022, Argentina exported $128M in Ground Nut Oil. The main destinations of Argentina exports on Ground Nut Oil were China ($61M), United States ($29.4M), Netherlands ($17.7M), France ($16M), and Belgium ($1.9M).

In 2022, Argentina imported $17.8k in Ground Nut Oil, mainly from United Kingdom ($14.1k), China ($1.97k), and United States ($1.71k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nut Oil EXPORT MARKETS FOR Argentina WERE (2021 - 2022):
China$28.7M (88.7%)
Netherlands$13.5M (318%)
Chile$1.63M (1.08M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nut Oil BY Argentina WERE (2021 - 2022):
United States-$8.7M (-22.9%)
Switzerland-$1.07M (-89.3%)
Belgium-$1.05M (-35.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Argentina's main exporting competitors in Ground Nut Oil were:
Brazil $277M
India $156M
In 2022, Argentina's main importing competitors in Ground Nut Oil were:
China $475M
Italy $65.8M
United States $54.3M

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Trade Value of Ground Nut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $186k
TOP IMPORT POTENTIALBrazil+ $1.15k

Ground Nut Oil’s highest export potential is Canada. With an export gap of $186k.   Ground Nut Oil’s highest import potential is Brazil with an import gap of $1.15k.

See methodology.

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