The highly diversified economy of Argentina has been exporting a wide range of mineral fuels because of the increasing global necessities and the more implemented government policies on the export of mineral fuels from the nation in 2023. From the previous few years that is from 2019 onwards the export market of mineral fuels from the nation has gained a tremendous hike worth a value of 5.4 billion US dollars which is around a 2.6% share of the total exports from the nation.
The different mineral essentials exported by trade management authorities of Argentina are led by crude oil and refined petroleum-like products which account for almost 60% of the total exports from the nation. The majority of the fuels exports from Argentina are extracted from the fields of Neuquen and Santa Cruz; responsible for most of the oil production and refining activities accounting for tremendous growth of the mineral fuels export worth a value of 12 billion US dollars in 2023.
One of the leading producers of mineral fuels across the world Argentina is expected to continue its tremendous growth in the mineral fuels export market for its growing economy. According to the Argentina Export Data, the top 10 mineral fuels exports of the nation in 2023 are
1. Crude oil - Crude oil exports from Argentina in 2023 - 8 billion US dollars.
2. Natural Gas - Natural Gas exports from Argentina in 2023 - 7 billion US dollars.
3. LPG - LPG exports from Argentina in 2023 - 6 billion US dollars.
4. Coal - Coal exports from Argentina in 2023 - 5 billion US dollars.
5. Refined products( gasoline and diesel) - Refined products exports from Argentina in 2023 - 4 billion US dollars.
6. Biofuels - Biofuels exports from Argentina in 2023 - 3.5 billion US dollars.
7. Propane - Propane exports from Argentina in 2023 - 3 billion US dollars.
8. Methanol - Methanol exports from Argentina in 2023 - 2.8 billion US dollars.
9. Coal briquettes - Coal briquettes exports from Argentina in 2023 - 2.5 billion US dollars.
10. Ethanol - Ethanol exports from Argentina in 2023 - 2 billion US dollars.
The leading nations listed by Argentina Customs Data for export of mineral fuels in 2023 are discussed below,
1. Brazil - As per the Brazil Import Data, the total valuation of mineral fuels exported from Argentina to Brazil in 2023 - 9 billion US dollars.
Top 5 Mineral Fuels Export
• Brent crude
• Australian LNG
• Kerosene
• Fuel oil
• Naphtha
2. United States - As per the USA Import Data, the total valuation of mineral fuels exported from Argentina to Brazil in 2023 - 8 billion US dollars.
Top 5 Mineral Fuels Export
• Diesel fuel
• Kerosene oil
• Thermal coal
• Anthracite coal
• Steam coal
3. Chile - As per the Chile Import Data, the total valuation of mineral fuels exported from Argentina to Brazil in 2023 - 7 billion US dollars.
Top 5 Mineral Fuels Export
• Peat
• Coal tar
• Coal
• Petroleum coke
• Coal dust
4. China - As per the China Import Data, the total valuation of mineral fuels exported from Argentina to Brazil in 2023 - 6 billion US dollars.
Top 5 Mineral Fuels Export
• Coal breeze
• Charcoal dust
• Metallurgical coke
• Urals blend
• Kerosene
5. Spain - As per the Spain Import Data, the total valuation of mineral fuels exported from Argentina to Brazil in 2023 - 5.5 billion US dollars.
Top 5 Mineral Fuels Export
• Gasoline
• Jet fuel
• Diesel fuel
• Naphtha
• LPG
6. Italy - As per the Italy Import Data, the total valuation of mineral fuels exported from Argentina to Brazil in 2023 - 4.7 billion US dollars.
Top 5 Mineral Fuels Export
• Naphtha
• Butane
• Propane
• Methanol
• Ethanol
7. India - As per the India Import Data, the total valuation of mineral fuels exported from Argentina to Brazil in 2023 - 3.8 billion US dollars.
Top 5 Mineral Fuels Export
• Sub-bituminous coal
• Anthracite coal
• Peat
• Steam coal
• Ethanol
8. Netherlands - As per the Netherlands Import Data, the total valuation of mineral fuels exported from Argentina to Brazil in 2023 - 2.5 billion US dollars.
Top 5 Mineral Fuels Export
• Coal briquettes
• Metallurgical coke
• Charcoal
• Coal dust
• Propanol
9. Japan - As per the Japan Import Data, the total valuation of mineral fuels exported from Argentina to Brazil in 2023 - 2 billion US dollars.
Top 5 Mineral Fuels Export
• Natural gas
• Biogas
• Sour gas
• Propanol
• Methylene
10. South Korea - As per the South Korea Import Data, the total valuation of mineral fuels exported from Argentina to Brazil in 2023 - 1.5 billion US dollars.
Top 5 Mineral Fuels Export
• Isobutane
• Butylene
• Propylene
• Ethanol
• Methanol
The diversifying mineral fuels export market of Argentina is growing in a rapid manner because of the increasing production efficacy of its manufacturing sector. According to the Argentina Trade Data, the top 10 mineral fuels manufacturing companies of Argentina in 2023 with global market value are
1. YPF SA - Market value of YPF SA - 30 billion US dollars.
2. Pan American Energy LLC - Market value of Pan American Energy LLC - 20 billion US dollars.
3. Tecpetrol SA- Market value of Tecpetrol SA - 15 billion US dollars.
4. Pluspetrol Resources Corporation B.V - Market value of Pluspetrol Resources Corporation B.V - 10 billion US dollars.
5. Compania General de Combustibles SA - Market value of Compania General de Combustibles SA - 9 billion US dollars.
6. Pan American Silver Corp - Market value of Pan American Silver Corp - 8 billion US dollars.
7. Chevron Corporation - Market value of Chevron Corporation - 7 billion US dollars.
8. Exipetrol Group - Market value of Exipetrol Group - 6.5 billion US dollars.
9. TotalEnergies SE - Market value of TotalEnergies SE - 5 billion US dollars.
10. Enerflex Ltd - Market value of Enerflex Ltd - 4 billion US dollars.
Que. What is the export trade value of mineral fuels exported from Argentina in 2023?
Ans. The export trade value of mineral fuels exported from Argentina in 2023 is 12 billion US dollars.
Que. What is the top mineral fuel export of Argentina in 2023?
Ans. Crude oil is the top mineral fuel export of Argentina in 2023.
Que. Who is the top mineral fuels export partner of Argentina in 2023?
Ans. Brazil is the top mineral fuels export trade partner of Argentina in 2023.
Que. Where can you get the detailed trade analysis of mineral fuels export of Argentina in 2023?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of the mineral fuels export of Argentina in 2023.