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2022
Flag → Flag
Exports $495MRnk 43 / 213
2022
Flag → Flag
Top Product $256MCoal Briquettes
2022
Flag → Flag
Exports $700MRnk 30 / 168
2022
Flag → Flag
Top Product $375MSoybean Meal
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 78 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag  
GDP$1.68TCURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP GROWTH8.3%CURRENT US$
Rnk 148 / 186
2022
Flag
 GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC $64,491CURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP PC GROWTH-5.23%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186

About

Australia-Argentina Trade: In 2022, Australia exported $495M to Argentina. The main products that Australia exported to Argentina were Coal Briquettes ($256M), Aluminium Oxide ($176M), and Cyanides ($6.93M). Over the past 5 years the exports of Australia to Argentina have increased at an annualized rate of 13.9%, from $258M in 2017 to $495M in 2022.

In 2022, Australia did not export any services to Argentina.

Argentina-Australia Trade: In 2022, Argentina exported $700M to Australia. The main products that Argentina exported to Australia were Soybean Meal ($375M), Delivery Trucks ($117M), and Seed Oils ($84.7M). Over the past 5 years the exports of Argentina to Australia have increased at an annualized rate of 2.02%,  from $633M in 2017 to $700M in 2022.

In 2022, Argentina did not export any services to Australia.

Comparison: In 2022,  Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Australia exported $495M to Argentina. The main products exported from Australia to Argentina were Coal Briquettes ($256M), Aluminium Oxide ($176M), and Cyanides ($6.93M). During the last 5 years the exports of Australia to Argentina have increased at an annualized rate of 13.9%, from $258M in 2017 to $495M in 2022.

In 2017, Argentina exported $700M to Australia. The main products exported from Argentina to Australia were Soybean Meal ($375M), Delivery Trucks ($117M), and Seed Oils ($84.7M). During the last 5 years the exports of Argentina to Australia have increased at an annualized rate of 2.02%, from $633M in 2022 to $700M in 2017.

Exports from Australia (Flag) to Argentina (Flag) (2022)

Exports from Argentina (Flag) to Australia (Flag) (2022)

Latest Data

Trade between Australia (Flag) and Argentina (Flag)

Australia Exports

Argentina Exports

Market Competitiveness

Color
Australia
Top DestinationChina$123B
Argentina
Top DestinationBrazil$12.6B

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

In 2022, countries that imported more from Australia than Argentina included China ($123B), Japan ($80.1B), and South Korea ($41B).

In 2022, countries that imported more from Argentina than Australia included Brazil ($12.6B), Chile ($5.11B), and Peru ($2.49B).

Difference in imports from Argentina (Flag) and Australia (Flag) (2022)

Comparative Advantage Australia - Argentina

Flow
Scale

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

During 2022, Australia had a large net trade with Argentina in the exports of Mineral Products ($257M), Chemical Products ($191M), and Machines ($9.55M).

During 2017, Argentina had a large net trade with Australia in the exports of Foodstuffs ($397M), Transportation ($123M), and Animal and Vegetable Bi-Products ($88.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Australia Argentina+$5.53MVaccines, blood, antisera, toxins and cultures
Top Product Potential Argentina Australia+$46.1MDelivery Trucks

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

Product Space of Australia (Flag) and Argentina (Flag) (2022)

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