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How dependent is Argentina on Brazil?

In 2024, Brazil sold $14.2 billion to Argentina, 23.5% of its imports, ranking 1st among its suppliers. Its share was 20.4% in 2019 and 20.9% in 1995. In 118 products it sells more than 50% of what Argentina buys of them (in 54, more than 75%); what Argentina buys from Brazil in those products (dominated value) adds up to $7.4 billion, 12.3% of its imports.

Summary

Share of its imports
23.5%
Value imported
$14.2billion
Rank among its suppliers
1st
Products where it sells over 50%
118
Products where it sells over 75%
54
Dominated value
$7.4billion
Share of total imports
12.3%

Trend

Trend in shares

Brazil went from 20.9% to 23.5% of what Argentina buys

Share (%)

  • Brazil 23.5%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19954,30920.9%2
19965,58523.1%1
19977,01423%1
19987,08522.2%1
19995,59821.6%1
20006,43825.3%1
20015,27125.7%1
20022,50827.5%1
20034,70633.6%1
20047,57034.2%1
200510,57336.7%1
200611,91035.6%1
200714,69833.7%1
200817,97332.7%1
200912,01531.3%1
201018,01832.6%1
201122,28031.3%1
201217,72726%1
201319,26026.1%1
201414,40721.9%1
201513,05821.5%1
201613,72424.2%1
201717,91726.2%1
201815,50423.6%1
201910,12020.4%1
20208,63120.1%2
202112,32819.7%2
202215,93619.9%2
202317,23623.4%1
202414,21923.5%1

Products where Brazil sells more than half

ProductSupplierShareSecondValue
CarsBrazil80%over 75%Mexico · 5.2%$2.3 billion
TrucksBrazil71.7%Mexico · 10.5%$655 million
Iron oreBrazil87.4%over 75%Canada · 8%$557 million
TractorsBrazil88.6%over 75%China · 4.7%$463 million
Spark-ignition enginesBrazil83.2%over 75%United States · 6.3%$282 million
New tiresBrazil52.4%China · 28.6%$244 million
Coated flat steelBrazil89.6%over 75%South Korea · 5.5%$166 million
Harvesters and farm machineryBrazil51.8%United States · 15%$139 million
Kraft paper and paperboardBrazil85.2%over 75%Chile · 2.9%$128 million
Chassis with enginesBrazil92.4%over 75%India · 5.7%$122 million
Cocoa butterBrazil92%over 75%Peru · 5.7%$110 million
CoffeeBrazil69%Switzerland · 12.6%$109 million
Aluminum sheetBrazil81.3%over 75%China · 10.9%$106 million
Coated paperBrazil63%China · 10.2%$104 million
Vehicle bodies and cabsBrazil89.5%over 75%Mexico · 3.9%$98 million
Treated paper and cellulose waddingBrazil61.5%China · 14.2%$89 million
Hot-rolled flat steelBrazil88.4%over 75%China · 6.3%$83 million
Unwrought zincBrazil95.9%over 75%Peru · 2.2%$80 million
PolypropyleneBrazil56%South Korea · 6.4%$79 million
Alloy steel sheetBrazil54%Germany · 28.6%$76 million
Spark plugs, starters and ignition equipmentBrazil51.5%China · 13.9%$72 million
Semi-finished steelBrazil98.7%over 75%Luxembourg · 0.77%$72 million
Synthetic paints and varnishesBrazil68.8%Germany · 6.8%$64 million
PorkBrazil98.5%over 75%Italy · 0.72%$58 million
Cocoa powderBrazil68.7%Uruguay · 16%$52 million
Other processed tobaccoBrazil92.3%over 75%Hungary · 2.4%$51 million
Cocoa pasteBrazil68.2%Ecuador · 16.6%$50 million
Instant coffee and tea extractsBrazil90.1%over 75%France · 3.9%$47 million
Alloy steel bars and sectionsBrazil59.9%China · 20.1%$45 million
ChocolateBrazil72.6%Ecuador · 7.4%$38 million

and 88 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from Brazil

Argentina is Brazil’s 3rd-largest customer, with 4% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.