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Pricing

2023
Flag → Flag
Exports $8.68BRnk 36 / 220
2023
Flag → Flag
Top Product $1.47BRefined Petroleum
2023
Flag → Flag
Exports $6.27BRnk 2 / 168
2023
Flag → Flag
Top Product $1.53BCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.043Rnk 61 / 132
2023
Flag  
GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
 GDP$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH17%CURRENT US$
Rnk 148 / 195
2023
Flag
GDP PC $82,769CURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC$14,187CURRENT US$
Rnk 73 / 196
2013-2023
Flag
GDP PC GROWTH9.44%CURRENT US$
Rnk 135 / 195

About

United States-Argentina Trade: In 2023, United States exported $8.68B to Argentina. The main products that United States exported to Argentina were Refined Petroleum ($1.47B), Petroleum Gas ($1.43B), and Vaccines, blood, antisera, toxins and cultures ($290M). Over the past 5 years the exports of United States to Argentina have increased at an annualized rate of 2.34%, from $7.73B in 2018 to $8.68B in 2023.

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 2023, Argentina exported $6.27B to United States. The main products that Argentina exported to United States were Crude Petroleum ($1.53B), Gold ($708M), and Hormones ($547M). Over the past 5 years the exports of Argentina to United States have increased at an annualized rate of 6.33%,  from $4.61B in 2018 to $6.27B in 2023.

In 2023, Argentina did not export any services to United States.

Comparison: In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B).

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

November, 2024

About

Overview In November 2024, United States exported $740M and imported $638M from Argentina, resulting in a positive trade balance of $102M. Between November 2023 and November 2024 the exports of United States have increased by $105M (16.5%) from $636M to $740M, while imports increased by $56.3M (9.68%) from $582M to $638M.

Trade In November 2024, the top exports of United States to Argentina were Refined Petroleum ($214M), Computers ($35.6M), Packaged Medicaments ($31.8M), Aircraft parts (gliders, balloons, and powered... ($31.1M), and Other Organo-Inorganic Compounds ($27.6M). In November 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 November 2024 the exports of United States were mainly from Florida ($157M), Texas ($130M), Louisiana ($106M), Illinois ($40.8M), and California ($28.3M), while imports destinations were mainly California ($149M), New Jersey ($87.8M), Utah ($84.3M), Texas ($53.5M), and Florida ($50.2M).

Growth In November 2024, the increase in United States's year-by-year exports to Argentina was explained primarily by an increase in product exports in Refined Petroleum ($166M or 347%), Aircraft parts (gliders, balloons, and powered... ($20M or 180%), and Packaged Medicaments ($18.9M or 146%). In November 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 (November 2023 - November 2024)$105M(16.5%)
IMPORT GROWTH (November 2023 - November 2024)$56.3M(9.68%)
MAIN EXPORTER (November 2024)Florida$157M

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 2023, United States exported $8.68B to Argentina. The main products exported from United States to Argentina were Refined Petroleum ($1.47B), Petroleum Gas ($1.43B), and Vaccines, blood, antisera, toxins and cultures ($290M). During the last 5 years the exports of United States to Argentina have increased at an annualized rate of 2.34%, from $7.73B in 2018 to $8.68B in 2023.

In 2018, Argentina exported $6.27B to United States. The main products exported from Argentina to United States were Crude Petroleum ($1.53B), Gold ($708M), and Hormones ($547M). During the last 5 years the exports of Argentina to United States have increased at an annualized rate of 6.33%, from $4.61B in 2023 to $6.27B in 2018.

Exports from United States (Flag) to Argentina (Flag) (2023)

Exports from Argentina (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top DestinationCanada$269B
Argentina
Top DestinationBrazil$12.1B

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 2023, countries that imported more from United States than Argentina included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, countries that imported more from Argentina than United States included Uruguay ($1.5B), Yemen ($288M), and Syria ($56.2M).

Difference in imports from Argentina (Flag) and United States (Flag) (2023)

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 2023, United States had a large net trade with Argentina in the exports of Mineral Products ($3.14B), Chemical Products ($2.14B), and Machines ($1.44B).

During 2018, Argentina had a large net trade with United States in the exports of Mineral Products ($1.88B), Chemical Products ($839M), and Precious Metals ($738M).

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) (2023)

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