Argentina
U.S. Trade with Argentina in 2023
Export Market Rank
#51 Among U.S. Agricultural Export Markets
Total Export Value
$230.05 Million
3-Year Average
$201.62 Million
Compound Average Growth
3.9% (2014-2023)
Total Export Value 2014 - 2023
Export Value by Commodity 2023
Top 10 Exports to Argentina in 2023
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Planting Seeds | $77.94 Million | 16,669 | $33.72 Million | 238% |
| Essential Oils | $20.64 Million | 826 | $18.6 Million | 15% |
| Other Intermediate Products | $18.06 Million | 1,877 | $19.54 Million | -31% |
| Food Preparations | $15.42 Million | 2,551 | $14.95 Million | -1% |
| Dextrins, Peptones, & Proteins | $13.69 Million | 3,486 | $10.5 Million | 33% |
| Distilled Spirits | $11.05 Million | --- | $5.97 Million | 715% |
| Chocolate & Cocoa Products | $11.04 Million | 1,487 | $7.74 Million | 249% |
| Milled Grains & Products | $10.61 Million | 1,641 | $7.71 Million | 338% |
| Baked Goods | $8.47 Million | 1,821 | $7.94 Million | 52% |
| Other Feeds, Meals & Fodders | $7.4 Million | 5,584 | $8.67 Million | -58% |
Data and Analysis
Argentine wheat production in marketing year (MY) 2024/2025 is forecast at 16.8 million tons, 1 million tons higher than the previous weather-affected season. Exports are projected to remain practically flat at 10 million tons (including wheat flour in its wheat equivalent.
Colombia is the largest South American market for U.S. agricultural products and the seventh-largest market for U.S. food and beverage exports globally. Since the U.S. – Colombia Trade Promotion Agreement (CTPA) was implemented in 2012, U.S. agricultural exports have grown by more than 235 percent to a record $3.7 billion in 2023.
Post lowers marketing year (MY) 2023/2024 production to 49.5 million metric tons (MMT), still nearly double last year’s crop, based on a stretch of dry and hot weather in the major production areas despite previous ideal rains following planting.
News and Features
FAS hosted a delegation from Argentina, Paraguay, and Uruguay who came to the U.S. to learn about sustainable, climate-smart agriculture.
Throughout 2021, FAS was proud to support USDA's efforts to create more and better markets for U.S. agriculture, to address the climate crisis, and to promote nutrition and food security.
Secretary Vilsack highlights key USDA accomplishments – including FAS's global leadership – to create more and better markets for U.S. agriculture in 2021.