Top Argentina Exports 2024: Commodity Dominance
Argentina Export Portfolio Overview in 2024 Whole Year
- Dominated by HS Code 99 (31.15%, $24.81B), Cereals (11.96%, $9.53B), and Animal Feed (8.78%, $7.00B).
- High concentration risk: top three sectors account for over 51% of total exports, reflecting heavy reliance on primary commodities.
- Reinforces Argentina's role as a global agricultural and raw material supplier, with limited export diversification.
Table: Argentina Top Export Product in 2024 (Source: yTrade)
| HS Code | Description | Value | Percent |
|---|---|---|---|
| 99 | Description not available | 24.81B | 31.15% |
| 10 | Cereals | 9.53B | 11.96% |
| 23 | Residues and waste from the food industries; prepared ani... | 7.00B | 8.78% |
| 27 | Mineral fuels, mineral oils and products of their distill... | 6.99B | 8.77% |
| 15 | Animal or vegetable fats and oils and their cleavage prod... | 6.29B | 7.89% |
| 87 | Vehicles other than railway or tramway rolling-stock, and... | 5.67B | 7.11% |
| 02 | Meat and edible meat offal | 3.25B | 4.08% |
| 12 | Oil seeds and oleaginous fruits; miscellaneous grains, se... | 2.77B | 3.48% |
| 71 | Natural or cultured pearls, precious or semi-precious sto... | 1.71B | 2.15% |
| 03 | Fish and crustaceans, molluscs and other aquatic inverteb... | 1.71B | 2.14% |
Get Complete Argentina Export HS Code Breakdown
Key Driver: HS Code 99
- Driven by unspecified HS Code 99 items ($24.81B, 31.15% of total exports), likely including services, special categories, or non-classified goods.
- Product type unclear due to lack of description, but may include processed or re-exported items.
- Dominance suggests structural dependencies beyond traditional sectors, possibly linked to trade agreements or data reporting practices.
Table: HS Code 10 Detailed Breakdown
| HS Code | Value | Percent |
|---|---|---|
| 1005 | 6.55B | 68.77% |
| 1001 | 1.95B | 20.46% |
| 1003 | 634.83M | 6.66% |
| 1007 | 243.39M | 2.56% |
| 1006 | 138.36M | 1.45% |
| 1008 | 8.63M | 0.09% |
Get Complete Argentina Export HS Code Breakdown
Key Driver: Cereals
- Dominated by maize (HS 1005, $6.55B, 68.77% of sector), a raw agricultural commodity.
- Complements Argentina's agro-industrial base, supplying global food and feed markets.
- Strategic for foreign exchange earnings and positioning as a top-tier grain exporter.
Table: HS Code 23 Detailed Breakdown
| HS Code | Value | Percent |
|---|---|---|
| 2304 | 6.44B | 92.05% |
| 2309 | 157.06M | 2.24% |
| 2306 | 137.40M | 1.96% |
| 2302 | 116.65M | 1.67% |
| 2308 | 57.83M | 0.83% |
| 2301 | 50.84M | 0.73% |
| 2303 | 27.82M | 0.40% |
| 2305 | 8.57M | 0.12% |
Get Complete Argentina Export HS Code Breakdown
Key Driver: Residues and Waste from the Food Industries
- Led by soybean meal (HS 2304, $6.44B, 92.05% of sector), an intermediate processed good.
- Acts as a direct complement to cereal exports, adding value to raw soybean production.
- Critical for export revenue stability and integration into global animal feed supply chains.
Table: HS Code 27 Detailed Breakdown
| HS Code | Value | Percent |
|---|---|---|
| 2709 | 4.93B | 70.58% |
| 2711 | 1.10B | 15.81% |
| 2710 | 950.72M | 13.61% |
| 2707 | 67.45K | 0.00% |
Access Argentina Complete Export Profile
Frequently Asked Questions
What is Argentina's largest export commodity in 2024 Whole Year?
The largest export category is Cereals (HS 10), valued at $9.53B. This sector is primarily driven by exports of Maize (Corn) (HS 1005), which alone accounts for $6.55B (68.77%) of the total cereal exports.
Which specific Cereals products does Argentina export most in 2024 Whole Year?
Within the Cereals sector, the top exports are Maize (Corn) (HS 1005) at $6.55B and Wheat (HS 1001) at $1.95B, which together account for 89.23% of Argentina’s cereal exports.
Does Argentina export Residues and waste from the food industries in 2024 Whole Year?
Yes. Residues and waste from the food industries (HS 23) is Argentina’s second-largest export sector, valued at $7.00B. The primary driver is Soybean meal (HS 2304), contributing $6.44B (92.05%) of the total.
What are the main industries driving Argentina's economy?
Argentina’s economy is heavily reliant on its top three export sectors:
- Cereals (HS 10) - $9.53B
- Residues and waste from the food industries (HS 23) - $7.00B
- Mineral fuels (HS 27) - $6.99B
Together, these industries account for 28.65% of total exports.
How to find Argentina Cereals suppliers?
You can access a list of active suppliers and exporters for Cereals (HS 10) using the yTrade database, which provides detailed shipment records and company contacts.
Detailed Quarterly Report
Argentina Top Export Products in 2024 Q1Argentina Top Export Products in 2024 Q2Argentina Top Export Products in 2024 Q3Argentina Top Export Products in 2024 Q4
Top Argentina Exports 2023 Q4: Commodity Dominance
Argentina's top export product in Q4 2023 was dominated by agricultural and energy commodities, with cereals and mineral fuels leading. Discover the top export destinations with yTrade.
Top Argentina Exports 2024 Q1: Commodity Dominance
Argentina's top export product in Q1 2024 was dominated by agricultural goods like cereals and animal feed, highlighting reliance on commodities. Discover top export destinations with yTrade.
