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2023
Exports $1.18kWorld Rnk 113 / 127
Flag Rnk 1043 / 1111
2023
Destination $527 Netherlands
2022 - 2023
FASTEST GROWING MARKET $527Chile
2023
PRODUCT COMPLEXITY IN Iron Ore-1.87Rnk 987 / 1025
2023
Imports $654MWorld Rnk 21 / 125
Flag Rnk 15 / 1171
2023
Origin $1.64k Brazil
2022 - 2023
FASTEST GROWING ORIGIN $1.64kGermany
2023
ECONOMIC COMPLEXITY of Argentina0.043Rnk 61 / 132

About

Exports In 2023, Argentina exported $1.18k in Iron Ore, making it the 113th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 1043rd most exported product in Argentina. The main destination of Iron Ore exports from Argentina are: Netherlands ($650) and Chile ($527).

The fastest growing export markets for Iron Ore of Argentina between 2022 and 2023 were Chile ($527).

Imports In 2023, Argentina imported $654M in Iron Ore, becoming the 21st largest importer of Iron Ore in the world. At the same year, Iron Ore was the 15th most imported product in Argentina. Argentina imports Iron Ore primarily from: Brazil ($587M), Canada ($57.3M), Bolivia ($9.24M), Germany ($3k), and Chile ($1.04k).

The fastest growing import markets in Iron Ore for Argentina between 2022 and 2023 were Germany ($1.64k), Chile ($1.04k), and China ($745).

Latest Trends

Dec 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 Iron Ore. 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 (2023)$1.18k
IMPORTS (2023)$654M
NET TRADE (2023)-$654M

In 2023, Argentina exported $1.18k in Iron Ore. The main destinations of Argentina exports on Iron Ore were Netherlands ($650) and Chile ($527).

In 2023, Argentina imported $654M in Iron Ore, mainly from Brazil ($587M), Canada ($57.3M), Bolivia ($9.24M), Germany ($3k), and Chile ($1.04k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Argentina WERE (2022 - 2023):Chile$527 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Argentina WERE (2022 - 2023):
Netherlands-$7.35M (-100%)
China-$153 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Argentina's main exporting competitors in Iron Ore were:
Australia $85.4B
Brazil $34B
Canada $7.23B
In 2023, Argentina's main importing competitors in Iron Ore were:
China $112B
Japan $9.3B
South Korea $7.07B

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $10.4k
TOP IMPORT POTENTIALBrazil+ $94.9M

Iron Ore’s highest export potential is China. With an export gap of $10.4k.   Iron Ore’s highest import potential is Brazil with an import gap of $94.9M.

See methodology.

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