Argentina-Viet Nam Bilateral Trade Analysis 2023

Complete trade statistics: $3.47B total volume •Argentina surplus: $680.59M

ArgentinaViet Nam

$2.07B

Exports (2023)

Viet NamArgentina

$1.39B

Imports (2023)

Trade Balance

$680.59M

Surplus for Argentina

Total Trade

$3.47B

Combined Volume

Trade Flow Visualization

Direct trade relationship between Argentina and Viet Nam. 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-Viet Nam commercial relationship and competitive positioning in global markets.

ArgentinaViet Nam Exports

$2.07B
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
52.4% top product
1Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil
$1.09B
52.4% of exports
2Cereals: maize (corn), other than seed
$838.09M
40.4% of exports
3Tanned or crust hides and skins: bovine or equine, without hair on, in the wet state (including wet blue), excluding full grains, unsplit: grain splits
$25.14M
1.2% of exports
4Flours, meals and pellets: of meat or meat offal, greaves
$22.40M
1.1% of exports
5Cotton: not carded or combed
$13.96M
0.7% of exports

🎯 Strategic Export Focus

Argentina's export portfolio to Viet Nam demonstrates strategic specialization, with oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil representing a key competitive advantage in this bilateral market.

Viet NamArgentina Imports

$1.39B
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
52.4% concentration
1Telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts
$730.48M
52.4% of imports
2Reception and transmission apparatus: for use with the apparatus of heading no. 8525 to 8528, excluding aerials and aerial reflectors
$99.85M
7.2% of imports
3Sports footwear: tennis shoes, basketball shoes, gym shoes, training shoes and the like, with outer soles of rubber or plastics and uppers of textile materials
$81.68M
5.9% of imports
4Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus
$45.05M
3.2% of imports
5Footwear: n.e.c. in heading no. 6402, (other than just covering the ankle), with outer soles and uppers of rubber or plastics
$36.01M
2.6% of imports

📦 Import Strategy Analysis

Argentina's import pattern from Viet Nam reveals strategic sourcingin telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Argentina demonstrates competitive strength in exportingoil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil to Viet Nam, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.

Highly Balanced
📈

Growth Potential

The $3.47B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Argentina-Viet Nam Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $3.47 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Argentina maintains a surplus of $680.59 million
  • Export Focus: Argentina's primary exports include oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil, cereals: maize (corn), other than seed, tanned or crust hides and skins: bovine or equine, without hair on, in the wet state (including wet blue), excluding full grains, unsplit: grain splits
  • Import Dependencies: Key imports from Viet Nam include telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts, reception and transmission apparatus: for use with the apparatus of heading no. 8525 to 8528, excluding aerials and aerial reflectors, sports footwear: tennis shoes, basketball shoes, gym shoes, training shoes and the like, with outer soles of rubber or plastics and uppers of textile materials

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthBalanced

📈 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 $3.47B 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 oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil.

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

1

Comparative Advantage

Argentina's specialization in oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oilcomplements Viet Nam's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $3.47B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyModerate
🔮

Trade Relationship Outlook

The $3.47B 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 $3.47 billion bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil and telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Argentina's trade surplus of $680.59 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Well Balanced

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in cereals: maize (corn), other than seed present expansion opportunities.
Market Diversification
Beyond current focus on telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil may affect future market positioning.

🎯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 Viet Nam represents a total trade volume of $3.47 billion in 2023. This partnership demonstrates a favorable trade balance for Argentina, with exports exceeding importsby $680.59 million.

Export Strengths

Argentina's exports to Viet Nam total $2.07 billion, with competitive advantages in oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil, representing $1.09B or52.4% of bilateral exports.

Import Dependencies

Imports from Viet Nam amount to $1.39 billion, highlighting economic interdependence in telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts, with Telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts comprising52.4% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Argentina's competitive position in this bilateral relationship. 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 Viet Nam in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023