Overview In August 2021 United States exported $685M and imported $386M from Argentina, resulting in a positive trade balance of $298M. Between August 2020 and August 2021 the exports of United States have increased by $185M (37%) from $500M to $685M, while imports decreased by $-134M (-25.8%) from $520M to $386M.
Trade In August 2021, the top exports of United States to Argentina were Petroleum Gas ($113M), Computers ($52.8M), Packaged Medicaments ($35.3M), Refined Petroleum ($33.9M), and Commodities not elsewhere specified ($20.1M). In August 2021 the top imports of United States from Argentina were Crude Petroleum ($68.3M), Gold ($48M), Wine ($31.6M), Raw Aluminium ($20M), and Citrus ($17.4M).
Origins In August 2021 the exports of United States were mainly from Texas ($190M), Florida ($120M), Louisiana ($68.3M), Maryland ($31.9M), and Illinois ($30.5M), while imports destinations were mainly California ($57.5M), Utah ($48.5M), Florida ($40.5M), Hawaii ($36.1M), and Texas ($35M).
Growth In August 2021, the increase in United States's year-by-year exports to Argentina was explained primarily by an increase in product exports in Petroleum Gas ($104M or 1.16k%), Computers ($15.7M or 42.2%), and Packaged Medicaments ($8.77M or 33%). In August 2021, the decrease in United States's year-by-year imports from Argentina was explained primarily by an decrease in product imports in Crude Petroleum ($-108M or -61.2%), Commodities not elsewhere specified ($-23.3M or -70.7%), and Refined Petroleum ($-15.7M or -76.3%).