Flag United States / Argentina Flag

2019
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Exports
: $6.82B, Rnk 36 / 218

2019
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Top Product
: $1.06B, Refined Petroleum

2019
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Exports
: $4.44B, Rnk 3 / 169

2019
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Top Product
: $688M, Crude Petroleum

2019
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Economic Complexity (ECI)
: ECI 1.58, Rnk 10 / 146

2019
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Economic Complexity (ECI)
: ECI 0.19, Rnk 59 / 146

2019
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GDP
: $21.4T, CURRENT US$
Rnk 1 / 187

2009-2019
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GDP GROWTH
: 48.3%, CURRENT US$
Rnk 96 / 187

2019
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 GDP
: $445B, CURRENT US$
Rnk 26 / 187

2009-2019
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GDP GROWTH
: 33.8%, CURRENT US$
Rnk 120 / 187

2019
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GDP PC 
: $65,298, CURRENT US$
Rnk 8 / 187

2009-2019
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GDP PC GROWTH
: 38.6%, CURRENT US$
Rnk 76 / 187

2019
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GDP PC
: $9,912, CURRENT US$
Rnk 73 / 187

2009-2019
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GDP PC GROWTH
: 20.5%, CURRENT US$
Rnk 114 / 187

United States-Argentina In 2019, United States exported $6.82B to Argentina. The main products that United States exported to Argentina are Refined Petroleum ($1.06B), Petroleum Gas ($232M), and Packaged Medicaments ($227M). During the last 24 years the exports of United States to Argentina have increased at an annualized rate of 2.01%, from $4.24B in 1995 to $6.82B in 2019.

In 2017, United States exported services to Argentina worth $6.69B, with Travel ($3.64B), Transportation ($1.47B), and Royalties and license fees ($852M) being the largest in terms of value.

Argentina-United States In 2019, Argentina exported $4.44B to United States . The main products that Argentina exported to United States were Crude Petroleum ($688M), Raw Aluminium ($385M), and Wine ($245M). During the last 24 years the exports of Argentina to United States have increased at an annualized rate of 3.57%, from $1.91B in 1995 to $4.44B in 2019.

In 2019, Argentina did not export any services to United States.

Comparison In 2019,  United States ranked 10 in the Economic Complexity Index (ECI 1.58), and 2 in total exports ($1.51T). That same year, Argentina ranked 59 in the Economic Complexity Index (ECI 0.19), and 46 in total exports ($64B).

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

In 2019, United States exported $6.82B to Argentina. The main products exported from United States to Argentina were Refined Petroleum ($1.06B), Petroleum Gas ($232M), and Packaged Medicaments ($227M). During the last 24 years the exports of United States to Argentina have increased at an annualized rate of 2.01%, from $4.24B in 1995 to $6.82B in 2019.

In 2019, Argentina exported $4.44B to United States. The main products exported from Argentina to United States were Crude Petroleum ($688M), Raw Aluminium ($385M), and Wine ($245M). During the last 24 years the exports of Argentina to United States have increased at an annualized rate of 3.57%, from $1.91B in 1995 to $4.44B in 2019.

United States Exports

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Argentina Exports

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Market Competitiveness

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Measure

United States
Top Destination
: Canada, $252B

Argentina
Top Destination
: Brazil, $10.3B

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 2019, countries that imported more from United States than Argentina were Canada ($252B), Mexico ($235B), and China ($103B).

In 2019, countries that imported more from Argentina than United States were Algeria ($1.48B), Iran ($379M), and Syria ($60.8M).

Comparative Advantage United States - Argentina

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Depth

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

During 2019, United States had a large net trade with Argentina in the exports of Machines ($1.82B), Chemical Products ($1.7B), and Mineral Products ($1.41B).

During 2019, Argentina had a large net trade with United States in the exports of Mineral Products ($964M), Metals ($681M), and Chemical Products ($596M).

Tariff Section

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This section shows import tariffs for products traded between United States and Argentina (using the HS6 product classification and the last year reported).

In 2019, the products from United States that paid the highest import tariffs to enter Argentina were Grape wines, alcoholic grape must nes (230k%) and Wine; still, in containers holding more than 2 litres but not more than 10 litres (212k%).

In 2019, the products from Argentina that paid the highest import tariffs to enter United States were Coffee, roasted, not decaffeinated (35%) and Veg fats, oils or fractions hydrogenated, esterified (35%).

*The tariffs present between United States and Argentina are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
388: United States Generalized System of Preference

Bilateral Service Trade

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In 2017, United States exported services to Argentina worth $6.69B, with Travel ($3.64B), Transportation ($1.47B), and Royalties and license fees ($852M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Argentina. Similarly, the more red a dot/product is, the more Argentina has comparative advantage over United States.