Argentina-Thailand Bilateral Trade Analysis 2023
Complete trade statistics: $1.79B total volume •Argentina deficit: $1.79B
Argentina → Thailand
$0
Exports (2023)
Thailand → Argentina
$1.79B
Imports (2023)
Trade Balance
$1.79B
Deficit for Argentina
Total Trade
$1.79B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Argentina and Thailand. Green line shows exports from Argentina, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Argentina-Thailand commercial relationship and competitive positioning in global markets.
Argentina → Thailand Exports
Export Market Intelligence
🎯 Strategic Export Focus
Argentina's export portfolio to Thailand demonstrates strategic specialization, with tanned or crust hides and skins: bovine or equine, without hair on, in the dry state (crust), (other than full grains, unsplit: grain splits) representing a key competitive advantage in this bilateral market.
Thailand → Argentina Imports
Import Dependency Profile
📦 Import Strategy Analysis
Argentina's import pattern from Thailand reveals significant dependencyin engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Argentina demonstrates competitive strength in exportingtanned or crust hides and skins: bovine or equine, without hair on, in the dry state (crust), (other than full grains, unsplit: grain splits) to Thailand, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $1.79B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Argentina-Thailand Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $1.79 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Argentina maintains a deficit of $1.79 billion
- Export Focus: Argentina's primary exports include tanned or crust hides and skins: bovine or equine, without hair on, in the dry state (crust), (other than full grains, unsplit: grain splits), molluscs: cuttle fish and squid, whether in shell or not, includes flours, meals, and pellets of molluscs, fit for human consumption, frozen, crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water
- Import Dependencies: Key imports from Thailand include engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87, vehicles: parts and accessories, of bodies, other than safety seat belts, engines: parts for internal combustion piston engines (excluding spark-ignition)
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $1.79B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Argentina leveraging its comparative advantages in tanned or crust hides and skins: bovine or equine, without hair on, in the dry state (crust), (other than full grains, unsplit: grain splits).
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Argentina's specialization in tanned or crust hides and skins: bovine or equine, without hair on, in the dry state (crust), (other than full grains, unsplit: grain splits)complements Thailand's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $1.79B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $1.79B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $1.79 billion bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in tanned or crust hides and skins: bovine or equine, without hair on, in the dry state (crust), (other than full grains, unsplit: grain splits) and engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87 demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Argentina's trade deficit of $1.79 billion impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Argentina and Thailand represents a total trade volume of $1.79 billion in 2023. This partnership demonstrates an unfavorable trade balance for Argentina, with imports exceeding exportsby $1.79 billion.
Export Strengths
Argentina's exports to Thailand total $0.00, with competitive advantages in tanned or crust hides and skins: bovine or equine, without hair on, in the dry state (crust), (other than full grains, unsplit: grain splits), representing $90.49M orInfinity% of bilateral exports.
Import Dependencies
Imports from Thailand amount to $1.79 billion, highlighting economic interdependence in engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87, with Engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87 comprising15.3% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Argentina's strategic sourcing from Thailand. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Argentina and Thailand in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023