Major Exports of Argentina: A Comprehensive Guide

Argentina is a significant player in global markets, with a diverse range of exports that contribute to its economic landscape. Whether it's agricultural products or industrial goods, Argentina plays a crucial role in the global supply chain.

Agricultural Exports: The Backbone of Argentina's Economy

Argentine agriculture is a powerhouse, producing a range of crops that are key exports. The two largest exports by value as of 2019 are:

Soybean Meal: 13.8% of total exports Corn: 9.7% of total exports

In addition to these, other major agricultural exports include:

Soybeans: Used in various industrial and food applications Soybean Oil: 6.6% of total exports Wheat: 6% of total exports Frozen Bovine Meat: 4.1% of total exports Delivery Trucks: 12% of total exports

Argentina as a Leading Crop Producer

Argentina is one of the world’s main crop producing nations, contributing up to 54% of its exports. Key crops include:

Wheat Soybeans Corn Barley Rice Flax seed Sugarcane Cotton Citrus fruits Grapes

Argentina stands out as the world’s fifth-largest wheat producer and exporter, underscoring its significant impact on the global agricultural market.

Industrial Goods: Diverse and Critical

While agriculture is vital, Argentina also excels in industrial goods, contributing to about 31% of its total exports:

Cars and auto parts Steel Aluminum Chemicals

The country also produces substantial amounts of crude oil and coal. Argentina extracts approximately 818,000 barrels of crude oil per day and has an estimated 552 million tons of coal in deposits, primarily located in Santa Cruz.

Top Exports and Value

Here’s a list of Argentina’s top exports and their respective values:

Soybean Meal: $9.2 billion (15% of total exports) Corn: $4 billion (6.8% of total exports) Soybean Oil: $3.88 billion (6.6% of total exports) Delivery trucks and cars: $7.38 billion (12% of total exports) Soybeans: $2.82 billion (4.8% of total exports) Meat: $2.5 billion (4.1% of total exports) Mineral fuels including oil: $2.9 billion (4.1% of total exports)

Mineral fuels and oil are the fastest-growing commodity sectors among Argentina's top exports, with a value of 4.1% of total exports. These top exports account for approximately 68.6% of their overall global shipment value, a significant portion of the country's economic export activity.

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Trajectory and Future Potential

Argentina’s export landscape is an ever-evolving sector with continuous growth and development. The country's commitment to improving its agricultural and industrial sectors positions it for future success in the global market.