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Export News
20-05-2024
According to Argentina's export data, in 2023, Argentina exported $66.7 billion worth of goods to the world. Compared to the same period in 2022, Argentina's total exports decreased by -24.4% from $88.3.
The latest data on Argentine exports show that, from a continental perspective, more than a quarter (28.6%) of Argentina's exports go to importers in Asia of which 40.3% go to Latin America. Argentina shipped another 13.8% to European buyers. Customers in North America (11.1%), Africa (5.2%) purchased a smaller percentage of products, followed by customers in Oceania (1%), Australia and New Zealand.
Argentina's Top Trading Partners
The latest Argentine export data shows that about three-fifths (59.1%) of Argentina's exports in 2023 are destined for:
1. Brazil: $11.9 billion (17.8%)
2. United States: $5.6 billion (8.4%)
3. Mainland China: $5.2 billion (7.7%)
4. Chile: $4.9 billion (7.4%)
5. Peru: $2.54 billion (3.8%)
6. India: US$2.45 billion (3.7%)
7. Vietnam: $2.1 billion (3.1%)
8. Uruguay: $1.7 billion (2.6%)
9. Netherlands: $1.6 billion (2.3%)
10. Spain: $1.4 billion (2.2%)
Uruguay (up 10.8%) and Switzerland (up 9.5%) will see the strongest growth in purchases from Argentina between 2022 and 2023. The other two growers are the South American countries of Peru (up 4.1%) and Chile (up 0.3%). The steepest declines were seen among Argentine export buyers in the Netherlands (down -56.3% from 2023), Indonesia (down -53.7%), India (down -46.1%), Algeria (down -44%), and South Korea (down -44%).
The top 10 Argentine export products according to Argentine export data are:
1.HS Code：230400000000(55.09%, $139.73 Million)
2.HS Code：10059099(10.84%, $27.5 Million)：The other corn: the rest.
3.HS Code：23040090(10.72%, $27.2 Million)：Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil: Other solid residues resulting from of extraction soyabean oil
4.HS Code：41041900(5.52%, $14 Million)：Hides and skins of bovine "incl. buffalo" or equine animals, in the wet state "incl. wet-blue", tanned, without hair on, whether or not split (excluding further prepared and full grains, unsplit and grain splits)
5.HS Code：3061790(4.91%, $12.46 Million)：Frozen shrimps and prawns, even smoked, whether in shell or not, incl. shrimps and prawns in shell, cooked by steaming or by boiling in water (excluding cold-water shrimps and prawns): Other shrimps and prawns
6.HS Code：402292900(1.29%, $3.28 Million)
7.HS Code：402211000(1.06%, $2.7 Million)：Milk and cream in solid forms, of a fat content by weight of > 1,5%, unsweetened Milk and cream, concentrated or containing added sugar or other sweetening matter: In powder, granules or other solid forms, of a fat content, by weight exceeding 1.5%: Not c
8.HS Code：2401203500(0.73%, $1.84 Million)：Partly or wholly stemmed or stripped light air-cured tobacco, otherwise unmanufactured
9.HS Code：71320000019(0.67%, $1.7 Million)：Dried, shelled chickpeas "garbanzos", whether or not skinned or split
10.HS Code：2304000001(0.6%, $1.53 Million)：Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil (detailed label not available)
Tendata iTrader aggregates trade data from 218 countries and detailed information on over 130 million import-export enterprises worldwide.
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