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2022
Flag → Flag
Exports $448MRnk 46 / 216
2022
Flag → Flag
Top Product $83.3MNitrogenous Fertilizers
2022
Flag → Flag
Exports $2.12BRnk 9 / 168
2022
Flag → Flag
Top Product $1.3BSoybean Meal
2022
Flag
Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag  
GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
 GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC $4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186

About

Indonesia-Argentina Trade: In 2022, Indonesia exported $448M to Argentina. The main products that Indonesia exported to Argentina were Nitrogenous Fertilizers ($83.3M), Rubber ($48.8M), and Broadcasting Accessories ($43.2M). Over the past 5 years the exports of Indonesia to Argentina have increased at an annualized rate of 5.22%, from $348M in 2017 to $448M in 2022.

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

Argentina-Indonesia Trade: In 2022, Argentina exported $2.12B to Indonesia. The main products that Argentina exported to Indonesia were Soybean Meal ($1.3B), Wheat ($414M), and Corn ($225M). Over the past 5 years the exports of Argentina to Indonesia have increased at an annualized rate of 11.7%,  from $1.09B in 2017 to $2.12B in 2022.

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

Comparison: In 2022,  Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). 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, Indonesia exported $448M to Argentina. The main products exported from Indonesia to Argentina were Nitrogenous Fertilizers ($83.3M), Rubber ($48.8M), and Broadcasting Accessories ($43.2M). During the last 5 years the exports of Indonesia to Argentina have increased at an annualized rate of 5.22%, from $348M in 2017 to $448M in 2022.

In 2017, Argentina exported $2.12B to Indonesia. The main products exported from Argentina to Indonesia were Soybean Meal ($1.3B), Wheat ($414M), and Corn ($225M). During the last 5 years the exports of Argentina to Indonesia have increased at an annualized rate of 11.7%, from $1.09B in 2022 to $2.12B in 2017.

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

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

Latest Data

Trade between Indonesia (Flag) and Argentina (Flag)

Indonesia Exports

Argentina Exports

Market Competitiveness

Color
Indonesia
Top DestinationChina$67.7B
Argentina
Top DestinationBrazil$12.6B

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

In 2022, countries that imported more from Indonesia than Argentina included China ($67.7B), Japan ($26.6B), and United States ($31.6B).

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

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

Comparative Advantage Indonesia - Argentina

Flow
Scale

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

During 2022, Indonesia had a large net trade with Argentina in the exports of Machines ($109M), Chemical Products ($93.2M), and Footwear and Headwear ($85.8M).

During 2017, Argentina had a large net trade with Indonesia in the exports of Foodstuffs ($1.3B), Vegetable Products ($681M), and Animal Products ($54.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Indonesia Argentina+$12.1MMotor vehicles; parts and accessories (8701 to 8705)
Top Product Potential Argentina Indonesia+$29.2MSoybeans

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

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

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