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Pricing

2022
Flag → Flag
Exports $11.1BRnk 32 / 219
2022
Flag → Flag
Top Product $2.57BRefined Petroleum
2022
Flag → Flag
Exports $6.99BRnk 3 / 168
2022
Flag → Flag
Top Product $2.19BCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag  
GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
 GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186

About

United States-Argentina Trade: In 2022, United States exported $11.1B to Argentina. The main products that United States exported to Argentina were Refined Petroleum ($2.57B), Petroleum Gas ($1.53B), and Vaccines, blood, antisera, toxins and cultures ($528M). Over the past 5 years the exports of United States to Argentina have increased at an annualized rate of 5.43%, from $8.48B in 2017 to $11.1B in 2022.

In 2017, United States exported services to Argentina worth $7.27B, with Travel ($3.21B), Financial services ($1.29B), and Transportation ($1.14B) being the largest in terms of value.

Argentina-United States Trade: In 2022, Argentina exported $6.99B to United States. The main products that Argentina exported to United States were Crude Petroleum ($2.19B), Gold ($724M), and Raw Aluminium ($589M). Over the past 5 years the exports of Argentina to United States have increased at an annualized rate of 8.56%,  from $4.64B in 2017 to $6.99B in 2022.

In 2022, Argentina did not export any services to United States.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Company data: In 2023, leading companies such as Riviana Foods (135), Volvo (92), and Gallo Family Vineyards (44) were at the forefront of exporting goods from Argentina to the United States. Conversely, Other (216), Unknown (135), and Volvo Cars Logistics Centre 2 (91) were notable for importing products to Argentina from the United States.

Latest Trends

June, 2024

About

Overview In June 2024, United States exported $823M and imported $543M from Argentina, resulting in a positive trade balance of $280M. Between June 2023 and June 2024 the exports of United States have decreased by $-520M (-38.7%) from $1.34B to $823M, while imports increased by $83.6M (18.2%) from $459M to $543M.

Trade In June 2024, the top exports of United States to Argentina were Refined Petroleum ($214M), Computers ($35.6M), Packaged Medicaments ($31.8M), Aircraft Parts ($31.1M), and Other Organo-Inorganic Compounds ($27.6M). In June 2024 the top imports of United States from Argentina were Crude Petroleum ($140M), Hormones ($63.9M), Gold ($58.2M), Refined Petroleum ($38.3M), and Petroleum Coke ($32.4M).

Origins In June 2024 the exports of United States were mainly from Texas ($208M), Florida ($138M), Louisiana ($110M), Washington ($51M), and Indiana ($35.7M), while imports destinations were mainly California ($91.8M), Utah ($68.7M), Florida ($66M), Texas ($58.1M), and New Jersey ($57M).

Growth In June 2024, the decrease in United States's year-by-year exports to Argentina was explained primarily by an decrease in product exports in Computers ($-33.3M or -48.3%), Office Machine Parts ($-10.1M or -72.9%), and Pesticides ($-6.02M or -63.2%). In June 2024, the increase in United States's year-by-year imports  from Argentina was explained primarily by an increase in product imports  in Refined Petroleum ($38.2M or 41.4k%), Petroleum Coke ($19.6M or 153%), and Crude Petroleum ($9.36M or 7.17%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)$-520M(-38.7%)
IMPORT GROWTH (June 2023 - June 2024)$83.6M(18.2%)
MAIN EXPORTER (June 2024)Texas$208M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Argentina and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Argentina and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $11.1B to Argentina. The main products exported from United States to Argentina were Refined Petroleum ($2.57B), Petroleum Gas ($1.53B), and Vaccines, blood, antisera, toxins and cultures ($528M). During the last 5 years the exports of United States to Argentina have increased at an annualized rate of 5.43%, from $8.48B in 2017 to $11.1B in 2022.

In 2017, Argentina exported $6.99B to United States. The main products exported from Argentina to United States were Crude Petroleum ($2.19B), Gold ($724M), and Raw Aluminium ($589M). During the last 5 years the exports of Argentina to United States have increased at an annualized rate of 8.56%, from $4.64B in 2022 to $6.99B in 2017.

Exports from United States (Flag) to Argentina (Flag) (2022)

Exports from Argentina (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Argentina
Top DestinationBrazil$12.6B

This map shows whether countries import more from United States or Argentina. Each country is colored based on the difference in imports they receive from United States and Argentina or the difference in the growth in imports.

In 2022, countries that imported more from United States than Argentina included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Argentina than United States included Algeria ($1.57B), Iran ($304M), and Syria ($63.5M).

Difference in imports from Argentina (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Argentina

Flow
Scale

This chart compares trade between United States and Argentina by product, considering products traded by both, United States and Argentina.

During 2022, United States had a large net trade with Argentina in the exports of Mineral Products ($4.37B), Chemical Products ($2.69B), and Machines ($1.94B).

During 2017, Argentina had a large net trade with United States in the exports of Mineral Products ($2.55B), Metals ($868M), and Precious Metals ($743M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Argentina+$112MPetroleum Gas
Top Product Potential Argentina United States+$405MCrude Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United States and Argentina. This means that a dot/product with the flag of United States indicates it has a comparative advantage over Argentina. Similarly, a dot/product with the flag of Argentina indicates it has a comparative advantage over United States.

Product Space of United States (Flag) and Argentina (Flag) (2022)

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