Argentina Trade Summary
U.S. goods and services trade with Argentina totaled an estimated $29.3 billion in 2022 (latest data available). Exports were $19.6 billion; imports were $9.6 billion. The U.S. goods and services trade surplus with Argentina was $10.0 billion in 2022.
U.S. goods exports to Argentina in 2023 were $11.4 billion, down 11.8 percent ($1.5 billion) from 2022 but up 11 percent from 2013. U.S. goods imports from Argentina totaled $6.4 billion in 2023, down 6.9 percent ($480 million) from 2022, but up 39 percent from 2013. The U.S. goods trade surplus with Argentina was $5.0 billion in 2023, a 17.5 percent decrease ($1.1 billion) over 2022.
U.S. exports of services to Argentina were an estimated $6.7 billion in 2022, 36.0 percent ($1.8 billion) more than 2021, and 4 percent greater than 2012 levels. U.S. imports of services from Argentina were an estimated $2.7 billion in 2022, 36.8 percent ($723 million) more than 2021, and 38 percent greater than 2012 levels. Leading services exports from the U.S. to Argentina were in the travel, telecommunications, computer, and information services, and transportation sectors. The United States has a services trade surplus of an estimated $4.0 billion with Argentina in 2022, up 35.4 percent from 2021.
U.S. foreign direct investment (FDI) in Argentina (stock) was $12.6 billion in 2022, a 3.6 percent decrease from 2021. U.S. direct investment in Argentina is led by manufacturing, information services, and nonbank holding companies.
Argentina's FDI in the United States (stock) was $2.1 billion in 2022, up 5.9 percent from 2021.
