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The U.S. has largely maintained a moderate trade surplus with Argentina, however. [26] This surplus reached US$3.7 billion in 1998. The Argentine crisis led to modest bilateral deficits for the U.S. in 2002-05 - but U.S. surpluses returned in 2006, growing to a record US$6.6 billion by 2014 before stabilizing. [27]
From January to November, Argentina logged a $17.20 billion trade surplus, official data show, turning around the $7.94 billion trade deficit in the first 11 months of 2023. TRADE SURPLUS LIKELY ...
Chemicals, steel, aluminum, machinery, and plastics account for most of the remaining industrial exports. Trade in manufactures has historically been in deficit for Argentina, however, and despite the nation's overall trade surplus, its manufacturing trade deficit exceeded US$30 billion in 2011. [148]
Evolution of GDP growth. The economic history of Argentina is one of the most studied, owing to the "Argentine paradox". As a country, it had achieved advanced development in the early 20th century but experienced a reversal relative to other developed economies, which inspired an enormous wealth of literature and diverse analysis on the causes of this relative decline. [2]
Argentina's President-elect Javier Milei has a China conundrum. The libertarian economist insulted communist-run China in a fiery campaign, but takes office on Sunday needing the country's second ...
Argentina's libertarian President Javier Milei came to office in late 2023 slamming China as a communist "assassin" and threatening to weaken ties with the Asian nation. Instead, exports to China ...
This is a list of countries by net goods exports, also known as balance of trade, which is the difference between the monetary value of a nation's exports and imports over a certain time period. [1] The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1 .
The US trade deficit on goods alone was a record $1.2 trillion in 2024, and there was a trade surplus on services of about $293 billion. Trade deficits can benefit the economy by allowing ...