Argentina, "a potential market for agribusiness exports"

 

Argentina is a farming-centric country. Argentina is known for producing numerous varieties of crops. Argentina's major agricultural exports include soybean meal, soybeans, corn, wheat, barley, ground nuts, sorghum, bran, and dried legumes. It is the leading exporter of soybean meals, groundnuts, bran, and vegetable waste.

Being the leading soybean meal exporter, Argentina customs data reports show over $12 billion worth of soybeans during fiscal year 2022. China was the leading soybean meal importer from Argentina along with Egypt, Russia, Malaysia, and the United States. Oleaginosa Moreno Hnos, Aceitera General Deheza, Bunge Argentina, and Molinos Agro are some of the leading soybean meal export companies from Argentina.

Corn is the second leading agricultural export from Argentina. Argentina import export data shows that over $10 billion worth of corn shipments were made last year. Vietnam and South Korea were the top markets for Argentina's corn exports contributing to over 30% share. Other notable amounts of corn export shipments were made to Malaysia, Peru, Brazil, Chile, Saudi Arabia, Algeria, and Egypt.

Wheat is among the major farm exports from Argentina. As per Argentina export data reports, over $3.5 billion worth of wheat was exported during the financial year 2022. Argentina's 50% of wheat imports were made to Brazil. There were numerous amount of shipments made to Chile, Morocco, Nigeria, Kenya, Ecuador, Indonesia, Algeria, and Peru were among the major markets for Argentina's wheat exports.

Argentina is also the major exporter of groundnuts globally. Around $812 million worth of groundnuts were exported during fiscal year 2022. Argentina’s majority of the groundnut export shipments were to the Netherlands with over 38% share. United Kingdom, Poland, Russia, Italy, Spain, and Belgium are some other groundnuts importers from Argentina.

Other prominent agricultural exports include barley, dried legumes, sorghum, and bran. Argentina's barley exports were reported to be $678 million in the last financial year. China was responsible for over 60% of Argentina's overall barley exports. Brazil, Colombia, Peru, China, and Ecuador are some of the noticeable importers.

On the other hand, dried legumes, sorghum, and bran were responsible for $500 million, $524 million, and $301 million respectively during the financial year 2022. Also, Argentina's dairy products and fruit exports amounted to $3 billion and $2 billion respectively. 

Whereas, Argentina is also the leading exporter of food waste and residues in the global market. Argentina’s food waste residue exports totaled $13 billion in the fiscal year 2022. Germany accounted for over 26% share in Argentina's food waste residues exports. Denmark, France, China, Mexico, and Chile are other major markets for Argentina's food waste exports. Citrusvil, Argenti Lemon, Alimentos, Vicente Trapani, and Latin Citrus are some of the leading food waste export companies from Argentina.

Argentina’s agribusiness companies can extend their exports through global trade data. There are many global import export data providers offering valuable insights into the global agricultural exports market. Through their impressive market intelligence tool, you can discover Argentina import data, exports reports, Argentina’s top agricultural exports companies, their markets, product pricing, shipment volume and potential buyers. It will help you make crucial business decisions, reduce financial risk and work on high ROI factors.