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

About

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.

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 2.98%,  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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $6.99B in 2022.

In 2017, 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 2.98%, from $8.48B in 2022 to $11.1B in 2017.

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

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

Latest Data

Trade between Argentina (Flag) and United States (Flag)

Argentina Exports

United States Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Argentina - United States

Flow
Scale

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

During 2022, Argentina had a large net trade with United States in the exports of Mineral Products ($2.55B), Metals ($868M), and Precious Metals ($743M).

During 2017, 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).

Potential Exports

Potential Exports

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

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 Argentina and United States. This means that a dot/product with the flag of Argentina indicates it has a comparative advantage over United States. Similarly, a dot/product with the flag of United States indicates it has a comparative advantage over Argentina.

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

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