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Argentina Trade Summary

2023

Argentina exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR ARGENTINA 2023

Overall Exports and Imports for Argentina 2023

Exports and imports of Argentina in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 66,789 million.
  • The total value of imports (CIF) was 73,714 million.
  • At the HS6 digit level, 1,530 products were exported to 169 countries and 3,988 products were imported from 176 countries.

Argentina top 5 Export and Import partners 2023

Top five countries to which Argentina exported in 2023 are below, along with the percent of total exports that went to that country:

  1. Argentina exports to Brazil worth US$ 11,857 million, with a partner share of 17.75 percent.
  2. Argentina exports to United States worth US$ 5,648 million, with a partner share of 8.46 percent.
  3. Argentina exports to China worth US$ 5,174 million, with a partner share of 7.75 percent.
  4. Argentina exports to Chile worth US$ 4,940 million, with a partner share of 7.40 percent.
  5. Argentina exports to Peru worth US$ 2,555 million, with a partner share of 3.82 percent.

Top five countries from which Argentina imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. Argentina imports from Brazil worth US$ 17,295 million, with a partner share of 23.46 percent.
  2. Argentina imports from China worth US$ 14,478 million, with a partner share of 19.64 percent.
  3. Argentina imports from United States worth US$ 8,630 million, with a partner share of 11.71 percent.
  4. Argentina imports from Paraguay worth US$ 3,912 million, with a partner share of 5.31 percent.
  5. Argentina imports from Germany worth US$ 2,784 million, with a partner share of 3.78 percent.

Argentina Top 5 Productsexports imports at HS 6 digit level 2023

The top five exported HS 6 digit level products to world by Argentina along with trade value are:

  1. Argentina exported Oil-cake and other solid residues, of soya-bean , worth 7,379,819.24 (US$ Thousands).
  2. Argentina exported Maize (excl. seed) , worth 6,113,052.06 (US$ Thousands).
  3. Argentina exported Diesel powered trucks with a GVW not exceeding , worth 4,281,762.41 (US$ Thousands).
  4. Argentina exported Petroleum oils and oils obtained from bituminou , worth 3,733,440.37 (US$ Thousands).
  5. Argentina exported Crude soya-bean oil , worth 3,303,949.61 (US$ Thousands).

The top five imported HS 6 digit level products from world by Argentina along with trade value are

  1. Argentina imported Soya beans , worth 5,620,022.36 (US$ Thousands).
  2. Argentina imported Petroleum oils, etc, (excl. crude); preparation , worth 3,577,471.26 (US$ Thousands).
  3. Argentina imported Natural gas, liquefied , worth 1,799,875.98 (US$ Thousands).
  4. Argentina imported Parts of electrical apparatus for line telephon , worth 1,556,245.58 (US$ Thousands).
  5. Argentina imported Tansmissions for motor vehicles , worth 932,955.63 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by Argentina in 2023 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 12.04 percent.
  • The trade weighted average tariff was 6.51 .
  • The total duty free imports in thousands of US dollars were 31,216,259.25 and duty free tariff line items share was 24.93 percent.

Development Indicators 2023

Key Development Indicators of Argentina in 2023 are below

  • Argentina GDP in current US dollar was 646,075 million.
  • GNI per capita, Atlas method (current US$) was 12,890.00 .
  • Argentina Trade balance: as % of GDP was -1.14.
  • Trade balance in current US$ was -7,378.00 million.
  • Trade as percentage of GDP was 26.64 .
  • Trade in services as percentage of GDP was 6.05 .

Trade Indicators 2023

Trade Indicators for Argentina in 2023 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 6.25.
  • World Growth in percentage was -3.13 and Argentina Country Growth was -11.21 .