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Trade between Argentina and Saudi Arabia

In 2024, Argentina exported $1.5 billion to Saudi Arabia and imported $95 million. Argentina ran a surplus of $1.4 billion with Saudi Arabia, compared with a surplus of $875 million in 2019. Saudi Arabia was Argentina’s 22nd largest trading partner (1% of its trade), and Argentina was Saudi Arabia’s 43rd (0.3%).

Summary

Argentina → Saudi Arabia
$1.5billion
Saudi Arabia → Argentina
$95million
Argentina’s balance
$1.4billion

Balance

Argentina’s trade balance with Saudi Arabia

Trade between Argentina and Saudi Arabia grew 24-fold since 1995

USD billions (current). Argentina’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1.5
  • Imports 0.1
  • Balance +1.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$43 million$22 million$21 million
1996$84 million$23 million$61 million
1997$56 million$16 million$40 million
1998$80 million$14 million$66 million
1999$44 million$10 million$34 million
2000$47 million$27 million$20 million
2001$67 million$14 million$53 million
2002$105 million$12 million$93 million
2003$157 million$5 million$152 million
2004$186 million$11 million$175 million
2005$262 million$885 thousand$261 million
2006$370 million$591 thousand$370 million
2007$400 million$24 million$375 million
2008$492 million$37 million$455 million
2009$352 million$2 million$349 million
2010$337 million$30 million$308 million
2011$680 million$41 million$639 million
2012$848 million$79 million$769 million
2013$1.2 billion$23 million$1.2 billion
2014$877 million$125 million$752 million
2015$492 million$250 million$243 million
2016$706 million$364 million$342 million
2017$746 million$136 million$610 million
2018$987 million$292 million$695 million
2019$1 billion$161 million$875 million
2020$989 million$88 million$901 million
2021$793 million$319 million$474 million
2022$1.3 billion$1.1 billion$141 million
2023$777 million$279 million$499 million
2024$1.5 billion$95 million$1.4 billion

What they sell each other

What Argentina sells to Saudi Arabia

The top 10 headings in 2024, with their share of the total.

  1. Soybean meal and pellets$592 million · 40.7%
    1.5 million tonnes · Argentina’s destinations
  2. Corn$467 million · 32.1%
    2.5 million tonnes · Argentina’s destinations
  3. Large-diameter steel pipes$118 million · 8.1%
    25 thousand tonnes
  4. Seamless steel pipes$54 million · 3.7%
    19 thousand tonnes
  5. Barley$50 million · 3.4%
    236 thousand tonnes
  6. Poultry meat$41 million · 2.8%
    19 thousand tonnes
  7. Bran and milling residues$30 million · 2%
    164 thousand tonnes
  8. Soybeans$28 million · 1.9%
    59 thousand tonnes · Argentina’s destinations
  9. Cheese$14 million · 0.99%
    3 thousand tonnes
  10. Cane and beet sugar$7 million · 0.48%
    15 thousand tonnes

What Saudi Arabia sells to Argentina

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$77 million · 81.1%
    91 thousand tonnes · Saudi Arabia’s destinations
  2. Polyethylene$4 million · 4.6%
    3 thousand tonnes · Saudi Arabia’s destinations
  3. Polypropylene$4 million · 3.9%
    2 thousand tonnes · Saudi Arabia’s destinations
  4. 63 tonnes
  5. Unwrought aluminum$2 million · 1.7%
    550 tonnes
  6. Caustic soda and potash$930 thousand · 0.97%
    1 thousand tonnes
  7. Plastic pipes and hoses$672 thousand · 0.7%
    104 tonnes
  8. Sprayers and fire extinguishers$542 thousand · 0.57%
    105 tonnes
  9. 227 tonnes
  10. Synthetic monofilament and strip$365 thousand · 0.38%
    118 tonnes

How it travels

Estimated sea route from Buenos Aires to Jeddah.

The estimated sea route between Buenos Aires and Jeddah is 8,173 nautical miles (15,135 km) long: ≈ 19–24.5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Gibraltar and Suez Canal.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$1.5 billion · 99.5%
  2. Air$7 million · 0.47%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Saudi Arabia was Argentina’s 22nd largest trading partner (1% of its trade), and Argentina was Saudi Arabia’s 43rd (0.3%).

Saudi Arabia in Argentina’s trade
1.1%
Saudi Arabia’s rank among Argentina’s partners
22nd
Argentina in Saudi Arabia’s trade
0.3%
Argentina’s rank among Saudi Arabia’s partners
43rd

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.