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2022
Exports $111MWorld Rnk 17 / 141
Flag Rnk 78 / 1128
2022
Destination $13.6M Chile
2021 - 2022
FASTEST GROWING MARKET $13.6MChile
2022
PRODUCT COMPLEXITY IN Inedible Fats and Oils-0.34Rnk 660 / 1025
2022
Imports $932kWorld Rnk 76 / 186
Flag Rnk 897 / 1171
2022
Origin $108k Brazil
2021 - 2022
FASTEST GROWING ORIGIN $108kChile
2022
ECONOMIC COMPLEXITY of Argentina0.064Rnk 61 / 133

About

Exports In 2022, Argentina exported $111M in Inedible Fats and Oils, making it the 17th largest exporter of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 78th most exported product in Argentina. The main destination of Inedible Fats and Oils exports from Argentina are: Chile ($71.8M), Netherlands ($16.5M), Spain ($5.46M), Brazil ($4.24M), and Portugal ($2.41M).

The fastest growing export markets for Inedible Fats and Oils of Argentina between 2021 and 2022 were Chile ($13.6M), Netherlands ($6.66M), and Brazil ($3.97M).

Imports In 2022, Argentina imported $932k in Inedible Fats and Oils, becoming the 76th largest importer of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 897th most imported product in Argentina. Argentina imports Inedible Fats and Oils primarily from: Brazil ($373k), Chile ($208k), United States ($189k), Germany ($64.9k), and Burkina Faso ($23.7k).

The fastest growing import markets in Inedible Fats and Oils for Argentina between 2021 and 2022 were Chile ($108k), Germany ($58.6k), and Philippines ($21.6k).

Latest Trends

Jul 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 Inedible Fats and Oils. 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)$111M
IMPORTS (2022)$932k
NET TRADE (2022)$111M

In 2022, Argentina exported $111M in Inedible Fats and Oils. The main destinations of Argentina exports on Inedible Fats and Oils were Chile ($71.8M), Netherlands ($16.5M), Spain ($5.46M), Brazil ($4.24M), and Portugal ($2.41M).

In 2022, Argentina imported $932k in Inedible Fats and Oils, mainly from Brazil ($373k), Chile ($208k), United States ($189k), Germany ($64.9k), and Burkina Faso ($23.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inedible Fats and Oils EXPORT MARKETS FOR Argentina WERE (2021 - 2022):
Chile$13.6M (23.4%)
Netherlands$6.66M (67.9%)
Brazil$3.97M (1.47k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inedible Fats and Oils BY Argentina WERE (2021 - 2022):
Russia-$2.65M (-100%)
Dominican Republic-$2.02M (-89.5%)
Ukraine-$1.53M (-92.7%)
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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 Inedible Fats and Oils were:
China $2.4B
Netherlands $1.68B
Malaysia $942M
In 2022, Argentina's main importing competitors in Inedible Fats and Oils were:
Netherlands $2.47B
Singapore $1.19B
Spain $1.03B

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Trade Value of Inedible Fats and Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $1.72M
TOP IMPORT POTENTIALUnited States+ $211k

Inedible Fats and Oils’s highest export potential is Spain. With an export gap of $1.72M.   Inedible Fats and Oils’s highest import potential is United States with an import gap of $211k.

See methodology.

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