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2022
Flag → Flag
Exports $2.69BRnk 54 / 223
2022
Flag → Flag
Top Product $253MPackaged Medicaments
2022
Flag → Flag
Exports $911MRnk 23 / 168
2022
Flag → Flag
Top Product $252MBovine Meat
2022
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Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
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Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
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 GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
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GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
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GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC$13,686CURRENT US$
Rnk 65 / 186
2012-2022
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GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186

About

Germany-Argentina Trade: In 2022, Germany exported $2.69B to Argentina. The main products that Germany exported to Argentina were Packaged Medicaments ($253M), Motor vehicles; parts and accessories (8701 to 8705) ($227M), and Vaccines, blood, antisera, toxins and cultures ($137M). Over the past 5 years the exports of Germany to Argentina have decreased at an annualized rate of 4.69%, from $3.42B in 2017 to $2.69B in 2022.

In 2020, Germany exported services to Argentina worth $167M, with Other business services ($88M), Computer and information services ($68.6M), and Financial services ($5.71M) being the largest in terms of value.

Argentina-Germany Trade: In 2022, Argentina exported $911M to Germany. The main products that Argentina exported to Germany were Bovine Meat ($252M), Hormones ($132M), and Silver ($58M). Over the past 5 years the exports of Argentina to Germany have decreased at an annualized rate of 3.18%,  from $1.14B in 2017 to $911M in 2022.

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

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Latest Trends

June, 2024

About

Overview In June 2024, Germany exported €193M and imported €60.6M from Argentina, resulting in a positive trade balance of €132M. Between June 2023 and June 2024 the exports of Germany have decreased by €-29.8M (-13.4%) from €222M to €193M, while imports decreased by €-25.2M (-29.4%) from €85.8M to €60.6M.

Trade In June 2024, the top exports of Germany to Argentina were Pharmaceutical products (€42M), Chassis, bodies, engines etc. for motor... (€31.3M), Other machinery (€11.4M), Basic pharmaceutical products (€10.4M), and Machinery for electricity production, distribution (€8.87M). In June 2024 the top imports of Germany from Argentina were Meat and meat products (€21.7M), Other semi-finished products (€6.16M), Wool, other animal hair, raw or... (€5.98M), Oilseed and oleaginous fruits (€4.83M), and Oil cake (€3.29M).

Origins In June 2024 the exports of Germany were mainly from North Rhine-Westphalia (€27.4M), Baden-Württemberg (€21.5M), Bavaria (€20.8M), Hesse (€15.2M), and Berlin (€12.6M), while imports destinations were mainly North Rhine-Westphalia (€17.2M), Schleswig-Holstein (€11M), Hamburg (€10.6M), Lower Saxony (€3.94M), and Bavaria (€3.42M).

Growth In June 2024, the decrease in Germany's year-by-year exports to Argentina was explained primarily by an decrease in product exports in Other chemical final products (€-3.26M or -29.9%), Other electric machinery, apparatus and appliances (€-2.21M or -39.2%), and Machinery for paper production and printing (€-2.01M or -82.9%). In June 2024, the decrease in Germany's year-by-year imports  from Argentina was explained primarily by an decrease in product imports  in Oilseed and oleaginous fruits (€-1.99M or -29.2%), Fresh fruit, excl. tropical and subtropical... (€-1.4M or -80.8%), and Other food of animal origin (€-1.2M or -53.8%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (June 2023 - June 2024)€-29.8M(-13.4%)
IMPORT GROWTH (June 2023 - June 2024)€-25.2M(-29.4%)
MAIN EXPORTER (June 2024)North Rhine-Westphalia€27.4M

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Argentina and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Argentina and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $2.69B to Argentina. The main products exported from Germany to Argentina were Packaged Medicaments ($253M), Motor vehicles; parts and accessories (8701 to 8705) ($227M), and Vaccines, blood, antisera, toxins and cultures ($137M). During the last 5 years the exports of Germany to Argentina have decreased at an annualized rate of 4.69%, from $3.42B in 2017 to $2.69B in 2022.

In 2017, Argentina exported $911M to Germany. The main products exported from Argentina to Germany were Bovine Meat ($252M), Hormones ($132M), and Silver ($58M). During the last 5 years the exports of Argentina to Germany have decreased at an annualized rate of 3.18%, from $1.14B in 2022 to $911M in 2017.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Argentina
Top DestinationBrazil$12.6B

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

In 2022, countries that imported more from Germany than Argentina included United States ($153B), France ($120B), and Netherlands ($109B).

In 2022, countries that imported more from Argentina than Germany included Chile ($5.11B), Peru ($2.49B), and Uruguay ($1.53B).

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

Comparative Advantage Germany - Argentina

Flow
Scale

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

During 2022, Germany had a large net trade with Argentina in the exports of Machines ($863M), Chemical Products ($789M), and Transportation ($284M).

During 2017, Argentina had a large net trade with Germany in the exports of Animal Products ($318M), Chemical Products ($176M), and Foodstuffs ($113M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Argentina+$128MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Argentina Germany+$43.9MSoybean Meal

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

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

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