Argentina | Imports and Exports | World | Iron and steel | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 72 "Iron and steel" from Argentina totalled $ 329 million in 2023. Sales of commodity group 72 from Argentina decreased by 0.256% in value terms compared to 2022. exports of commodity group 72 "Iron and steel" decreased by $ 845 thousand (cumulative exports of commodity group 72 from Argentina amounted $329 million in 2022)
Exports of commodity group 72 "Iron and steel" amounted to 0.492% of total exports from Argentina (cumulative merchandise exports from Argentina totalled $ 66 billion in 2023). The share of commodity group 72 in total exports from Argentina increased by 0.119 p.p. compared to 2022 (it was 0.373% in 2022 and cumulative exports from Argentina were equal to $ 88 billion).
Where does Argentina export Iron and steel?
Top export destinations of "Iron and steel" from Argentina in 2023:
- USA with a share of 38% (127 million US$)
- Mexico with a share of 20% (66 million US$)
- Paraguay with a share of 18.3% (60 million US$)
- Brazil with a share of 9.61% (31 million US$)
- Uruguay with a share of 5.73% (18.8 million US$)
- Bolivia with a share of 2.59% (8.53 million US$)
- Chile with a share of 2.33% (7.67 million US$)
- Spain with a share of 2.25% (7.42 million US$)
- Peru - 398 thousand US$
- Colombia - 30 thousand US$
Exports structure of 72 - Iron and steel - from Argentina in 2023 represented by the following main commodity groups:
- 0.336% (1.1 million US$): 7214 - Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling
- 0.019% (64 thousand US$): 7205 - Granules and powders, of pig iron, spiegeleisen, iron or steel
- 0.018% (62 thousand US$): 7222 - Other bars and rods of stainless steel; angles, shapes and sections of stainless steel
- 0.011% (37 thousand US$): 7217 - Wire of iron or non-alloy steel
- 0.008% (27 thousand US$): 7216 - Angles, shapes and sections of iron or non-alloy steel
The value of imports of commodity group 72 "Iron and steel" to Argentina totalled $ 1.69 billion in 2023. Sales of commodity group 72 to Argentina decreased by 11.1% in value terms compared to 2022. imports of commodity group 72 "Iron and steel" decreased by $ 213 million (the value of imports of commodity group 72 to Argentina was equal to $1.91 billion in 2022)
Imports of commodity group 72 "Iron and steel" accounted for 2.3% of total import flow to Argentina (in 2023, total imports to Argentina amounted to $ 73 billion). The share of commodity group 72 in total imports to Argentina decreased by 0.041 p.p. compared to 2022 (it was 2.34% in 2022 and cumulative imports to Argentina were equal to $ 81 billion).
Where does Argentina import Iron and steel from?
Top trading partners (import of "Iron and steel") of Argentina in 2023:
- Brazil with a share of 63% (1.07 billion US$)
- China with a share of 8.36% (141 million US$)
- Germany with a share of 3.85% (65 million US$)
- Chile with a share of 3.55% (60 million US$)
- India with a share of 3.06% (52 million US$)
- Mexico with a share of 2.59% (44 million US$)
- Korea with a share of 1.69% (28 million US$)
- Spain with a share of 1.69% (28 million US$)
- Turkey with a share of 1.43% (24 million US$)
- USA with a share of 1.35% (22 million US$)
Imports structure of 72 - Iron and steel - to Argentina in 2023 represented by the following main commodity groups:
- 18.3% (310 million US$): 7210 - Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, clad, plated or coated
- 16.1% (274 million US$): 7208 - Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, hot-rolled, not clad, plated or coated
- 11% (188 million US$): 7202 - Ferro-alloys.
- 10.5% (178 million US$): 7207 - Semi-finished products of iron or non-alloy steel
- 9.65% (163 million US$): 7225 - Flat-rolled products of other alloy steel, of a width of 600 mm or more
- 6.75% (114 million US$): 7219 - Flat-rolled products of stainless steel, of a width of 600 mm or more
- 4.87% (82 million US$): 7216 - Angles, shapes and sections of iron or non-alloy steel
- 4.51% (76 million US$): 7228 - Other bars and rods of other alloy steel; angles, shapes and sections, of other alloy steel; hollow drill bars and rods, of alloy or non-alloy steel
- 3% (50 million US$): 7217 - Wire of iron or non-alloy steel
- 2.64% (44 million US$): 7222 - Other bars and rods of stainless steel; angles, shapes and sections of stainless steel
