2022
Exports
$22.9MWorld Rnk 67 / 224
Flag Rnk 184 / 1128
2022
PRODUCT COMPLEXITY IN Medical Instruments
0.76Rnk 260 / 1025
2022
Imports
$465MWorld Rnk 46 / 225
Flag Rnk 31 / 1171
2022
ECONOMIC COMPLEXITY of Argentina
0.064Rnk 61 / 133

About

Exports In 2022, Argentina exported $22.9M in Medical Instruments, making it the 67th largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 184th most exported product in Argentina. The main destination of Medical Instruments exports from Argentina are: Brazil ($5.09M), United States ($3.12M), Chile ($1.64M), Peru ($1.54M), and Paraguay ($1.08M).

The fastest growing export markets for Medical Instruments of Argentina between 2021 and 2022 were United States ($1.5M), Peru ($827k), and Chile ($799k).

Imports In 2022, Argentina imported $465M in Medical Instruments, becoming the 46th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 31st most imported product in Argentina. Argentina imports Medical Instruments primarily from: China ($113M), United States ($97M), Germany ($51.7M), Mexico ($24.2M), and Netherlands ($20M).

The fastest growing import markets in Medical Instruments for Argentina between 2021 and 2022 were China ($20M), United States ($12.7M), and Hong Kong ($7.81M).

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 Medical Instruments. 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)$22.9M
IMPORTS (2022)$465M
NET TRADE (2022)-$443M

In 2022, Argentina exported $22.9M in Medical Instruments. The main destinations of Argentina exports on Medical Instruments were Brazil ($5.09M), United States ($3.12M), Chile ($1.64M), Peru ($1.54M), and Paraguay ($1.08M).

In 2022, Argentina imported $465M in Medical Instruments, mainly from China ($113M), United States ($97M), Germany ($51.7M), Mexico ($24.2M), and Netherlands ($20M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Argentina WERE (2021 - 2022):
United States$1.5M (93%)
Peru$827k (116%)
Chile$799k (94.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Argentina WERE (2021 - 2022):
France-$342k (-52.9%)
Thailand-$226k (-95.4%)
Russia-$221k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Argentina's main exporting competitors in Medical Instruments were:
In 2022, Argentina's main importing competitors in Medical Instruments were:

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Trade Value of Medical Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBrazil+ $4.78M
TOP IMPORT POTENTIALUnited States+ $38M

Medical Instruments’s highest export potential is Brazil. With an export gap of $4.78M.   Medical Instruments’s highest import potential is United States with an import gap of $38M.

See methodology.

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