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Trade between Argentina and the United States

In 2024, Argentina exported $6.8 billion to the United States and imported $6.6 billion. Argentina ran a surplus of $164 million with the United States, compared with a deficit of $1.7 billion in 2019. The United States was Argentina’s 3rd largest trading partner (10% of its trade), and Argentina was the United States’ 45th (0.3%).

Summary

Argentina → United States
$6.8billion
United States → Argentina
$6.6billion
Argentina’s balance
$164million

Balance

Argentina’s trade balance with the United States

Trade between Argentina and the United States grew 2.1-fold since 1995

USD billions (current). Argentina’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 6.8
  • Imports 6.6
  • Balance +0.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$1.9 billion$4.3 billion-$2.4 billion
1996$2.2 billion$4.8 billion-$2.6 billion
1997$2.3 billion$6.1 billion-$3.8 billion
1998$2.4 billion$6.3 billion-$3.9 billion
1999$2.8 billion$5.1 billion-$2.3 billion
2000$3.2 billion$4.9 billion-$1.7 billion
2001$3 billion$3.9 billion-$870 million
2002$3.3 billion$1.8 billion$1.4 billion
2003$3.3 billion$2.3 billion$1 billion
2004$4 billion$3.5 billion$488 million
2005$4.8 billion$4.5 billion$295 million
2006$4.3 billion$4.3 billion-$66 million
2007$4.6 billion$5.5 billion-$908 million
2008$5.8 billion$7 billion-$1.2 billion
2009$3.9 billion$5.2 billion-$1.2 billion
2010$3.9 billion$6.1 billion-$2.3 billion
2011$4.6 billion$7.9 billion-$3.3 billion
2012$4.3 billion$8.5 billion-$4.2 billion
2013$4.4 billion$8.1 billion-$3.7 billion
2014$4.3 billion$9 billion-$4.7 billion
2015$3.7 billion$8 billion-$4.3 billion
2016$4.8 billion$7 billion-$2.2 billion
2017$4.8 billion$7.7 billion-$2.9 billion
2018$4.6 billion$7.7 billion-$3.1 billion
2019$4.6 billion$6.3 billion-$1.7 billion
2020$3.7 billion$4.8 billion-$1.1 billion
2021$4.8 billion$6 billion-$1.2 billion
2022$7 billion$10.2 billion-$3.2 billion
2023$6.2 billion$8.6 billion-$2.3 billion
2024$6.8 billion$6.6 billion$164 million

What they sell each other

What Argentina sells to the United States

The top 10 headings in 2024, with their share of the total.

  1. Crude petroleum$1.8 billion · 27.3%
    3.4 million tonnes · Argentina’s destinations
  2. Gold$772 million · 11.4%
    10 tonnes · Argentina’s destinations
  3. Hormones$650 million · 9.6%
  4. Unwrought aluminum$478 million · 7.1%
    175 thousand tonnes · the United States’ sources
  5. Refined petroleum$248 million · 3.7%
    428 thousand tonnes · the United States’ sources
  6. Wine$204 million · 3%
    46 thousand tonnes · the United States’ sources
  7. Fruit and vegetable juices$150 million · 2.2%
    94 thousand tonnes
  8. Frozen beef$137 million · 2%
    27 thousand tonnes
  9. Natural honey$129 million · 1.9%
    56 thousand tonnes
  10. 128 thousand tonnes

What the United States sells to Argentina

The top 10 headings in 2024, with their share of the total.

  1. Natural gas and LPG$588 million · 8.9%
    1 million tonnes
  2. Refined petroleum$495 million · 7.5%
    554 thousand tonnes · the United States’ destinations
  3. 1 thousand tonnes
  4. Auto parts$240 million · 3.7%
    11 thousand tonnes · the United States’ destinations
  5. Vaccines, blood and antisera$217 million · 3.3%
    332 tonnes · the United States’ destinations
  6. 81 thousand tonnes
  7. Polyethylene$182 million · 2.8%
    125 thousand tonnes · the United States’ destinations
  8. 683 tonnes · the United States’ destinations
  9. Coal$150 million · 2.3%
    659 thousand tonnes · the United States’ destinations
  10. Valves and taps$128 million · 1.9%
    3 thousand tonnes

How it travels

Estimated sea route from Buenos Aires to Los Angeles.

The estimated sea route between Buenos Aires and Los Angeles is 7,843 nautical miles (14,526 km) long: ≈ 18–23.5 days at sea (at 18 and 14 knots).

Passages it crosses: Cape Horn.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$10.1 billion · 75.8%
  2. Air$3.2 billion · 24.2%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

The United States was Argentina’s 3rd largest trading partner (10% of its trade), and Argentina was the United States’ 45th (0.3%).

The United States in Argentina’s trade
9.8%
The United States’ rank among Argentina’s partners
3rd
Argentina in the United States’ trade
0.3%
Argentina’s rank among the United States’ partners
45th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.