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How dependent is Saudi Arabia on Argentina?

In 2024, Argentina sold $1.5 billion to Saudi Arabia, 0.65% of its imports, ranking 31st among its suppliers. Its share was 0.68% in 2019 and 0.13% in 1995. In 2 products it sells more than 50% of what Saudi Arabia buys of them (in 1, more than 75%); what Saudi Arabia buys from Argentina in those products (dominated value) adds up to $622 million, 0.28% of its imports.

Summary

Share of its imports
0.7%
Value imported
$1.5billion
Rank among its suppliers
31st
Products where it sells over 50%
2
Products where it sells over 75%
1
Dominated value
$622million
Share of total imports
0.3%

Trend

Trend in shares

Argentina went from 0.13% to 0.65% of what Saudi Arabia buys

Share (%)

  • Argentina 0.65%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
1995430.13%56
1996840.24%46
1997560.18%41
1998800.2%48
1999440.13%57
2000470.13%62
2001670.18%53
20021050.27%45
20031570.33%43
20041860.36%48
20052620.4%42
20063700.48%40
20074000.41%41
20084920.4%41
20093520.35%42
20103370.3%44
20116800.48%36
20128480.52%35
20131,2490.71%30
20148770.48%40
20154920.26%47
20167060.49%37
20177460.53%37
20189870.72%31
20191,0370.68%33
20209890.7%31
20217930.52%36
20221,2540.67%31
20237770.38%39
20241,4530.65%31

Products where Argentina sells more than half

ProductSupplierShareSecondValue
Soybean meal and pelletsArgentina80.9%over 75%Brazil · 13.1%$592 million
Bran and milling residuesArgentina63.9%Sudan · 11.1%$30 million

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 Argentina

Saudi Arabia is Argentina’s 12th-largest customer, with 1.9% 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.