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Home » Central and South America » What’s Argentina’s biggest export?

What’s Argentina’s biggest export?

December 14, 2021 by Shelia Campbell

Exports The top exports of Argentina are Soybean Meal ($8.81B), Corn ($6.19B), Delivery Trucks ($3.83B), Soybeans ($3.47B), and Soybean Oil ($3.38B), exporting mostly to Brazil ($10.3B), China ($6.94B), United States ($4.44B), Chile ($3.15B), and Vietnam ($2.83B).

Contents

What is Argentina’s main product?

Argentina’s organic crops include sugar cane, raw wool, fruits, vegetables and beans. Major organic exports include cereals and oilseeds: corn, wheat, soy and sunflower. Fruits and vegetables also make up a part of Argentina’s major organic exports: pears, apples, oranges, lemons, garlic onions and beans.

What export makes Argentina rich?

Argentina benefits from rich natural resources, a highly literate population, an export-oriented agricultural sector, and a diversified industrial base.
Economy of Argentina.

Statistics
Exports $54.88 billion (2020)
Export goods Soybeans and derivatives, petroleum and gas, vehicles, corn, wheat

Who is Argentina’s biggest trade partners?

In 2019, Argentina major trading partner countries for exports were Brazil, China, United States, Chile and Vietnam and for imports they were Brazil, China, United States, Germany and Paraguay.

What is the #1 export?

Searchable List of America’s Most Valuable Export Products

Rank US Export Product YOY
1 Processed petroleum oils -30.6%
2 Crude oil -23%
3 Cars -18.7%
4 Integrated circuits/microassemblies +10.3%

What is Argentina’s biggest industry?

Among the main industries in Argentina are food processing, automobile production, textiles, energy production, and mining. The nation also has a growing chemical industry. The service sector is now the leading component of the Argentine economy. In 1999, it accounted for 64 percent of GDP.

What are some exports from Argentina?

The country’s main exports include oil-cake and other solid residues (13.1%), maize (9.1%), motor vehicles for the transport of goods (5.3%), soy-bean oil and soybeans (10.2%), and meat (3.5%); while it imports motor cars and other motor vehicles (4.8%), auto parts and accessories (4.2%), petroleum oils and oils

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Who is richer Brazil or Argentina?

Argentina vs Brazil: Economic Indicators Comparison
Brazil with a GDP of $1.9T ranked the 9th largest economy in the world, while Argentina ranked 25th with $519.9B. By GDP 5-years average growth and GDP per capita, Brazil and Argentina ranked 171st vs 169th and 80th vs 66th, respectively.

What is Argentina’s main source of income?

Argentina’s economy, which is one of the more powerful in the region, is dependent on services and manufacturing, although agribusiness and ranching dominated the economy for much of the 19th and 20th centuries.

Is Argentina richer than India?

India has a GDP per capita of $7,200 as of 2017, while in Argentina, the GDP per capita is $20,900 as of 2017.

Who does Argentina export and import with?

Argentina trade balance, exports and imports by country
In 2019, Argentina major trading partner countries for exports were Brazil, China, United States, Chile and Vietnam and for imports they were Brazil, China, United States, Germany and Paraguay.

What Argentina is famous for?

What is Argentina Famous For? Here’s 7 Things to Know

  • Meat. Argentina is the highest meat-eating country in the world, so it should come as no surprise that it’s also one of the biggest beef producers and exporters.
  • Football.
  • Tango.
  • Evita (Eva Perón)
  • Iguazu Falls.
  • Patagonia.

What does Argentina export to Brazil?

Historical Data
In 2019, Argentina exported $10.3B to Brazil. The main products exported from Argentina to Brazil were Delivery Trucks ($2.57B), Cars ($1.33B), and Wheat ($1.17B).

What is Americas biggest export?

These are the top US exports

  • Top U.S. goods exports.
  • Food, beverage and feed: $133 billion.
  • Crude oil, fuel and other petroleum products: $109 billion.
  • Civilian aircraft and aircraft engines: $99 billion.
  • Auto parts, engines and car tires: $86 billion.
  • Industrial machines: $57 billion.
  • Passenger cars: $53 billion.
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What is US biggest import?

Machinery (including computers and hardware) – $213.1 billion. Minerals, fuels, and oil – $189.9 billion. Electrical machinery and equipment – $176.1 billion. Aircraft and spacecraft – $139.1 billion.

What is China’s biggest export?

Computers
List of exports of China

# Product Value
1 Computers 210.231
2 Broadcasting equipment 110.979
3 Telephones 91.759
4 Office Machine Parts 47.079

Why was Argentina so wealthy?

Argentina possesses definite comparative advantages in agriculture, as the country is endowed with a vast amount of highly fertile land. Between 1860 and 1930, exploitation of the rich land of the pampas strongly pushed economic growth.By 1913, Argentina was the world’s 10th wealthiest state per capita.

What kind of economy is Argentina?

mixed economic
Argentina has a mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation. Argentina is a member of the Common Market of the South (Mercosur).

When was Argentina the richest country?

1913
Argentina began the 20th century as one of the wealthiest places on the planet. In 1913, it was richer than France or Germany, almost twice as prosperous as Spain, and its per capita GDP was almost as high as that of Canada.

What are Argentina’s top 3 exports?

Exports The top exports of Argentina are Soybean Meal ($8.81B), Corn ($6.19B), Delivery Trucks ($3.83B), Soybeans ($3.47B), and Soybean Oil ($3.38B), exporting mostly to Brazil ($10.3B), China ($6.94B), United States ($4.44B), Chile ($3.15B), and Vietnam ($2.83B).

What are Colombia’s exports?

Top Colombia Exports

  • Crude Petroleum and Coal Briquettes. This is by far the largest export commodity in Colombia.
  • Coffee and Spices. Using data from 2018, Coffee and spices made up 5.6 % of the total exports.
  • Gems and Precious Metals.
  • Plastics.
  • Live Trees and Cut Flowers.
  • Fruits and Nuts.
  • Steel and Iron.
  • Vehicles.

Filed Under: Central and South America

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About Shelia Campbell

Sheila Campbell has been traveling the world for as long as she can remember. Her parents were avid travelers, and they passed their love of exploration onto their daughter. Sheila has visited every continent on Earth, and she's always looking for new and interesting places to explore.

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