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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 ...
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]
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]
The economy of Argentina is the second-largest national economy in South America, behind Brazil. Argentina has a human Development Index classified as "very high" by the United Nations, with a highly literate population, an export-oriented agricultural sector, and a diversified industrial base.
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 ...
With the Argentine populist skipping the summit to star at a right-wing rally in Brazil, South America's biggest trade bloc — politically divided, notoriously slow-moving and beset by ...
Argentina itself is a relatively minor trade partner for the United States, its imports from the U.S. of $9.9 billion making up 0.7% of total U.S. exports and its exports to the U.S. of $4.5 billion only 0.2% of U.S. imports; Argentina however is among the few nations with which the United States routinely maintains significant merchandise ...
Argentina was the first Latin American country to formalise relations with the EU under a 3rd generation cooperation agreement. The Framework Trade and Economic Co-operation Agreement between the EU and Argentina entered into force in 1990 and includes two recurrent principles of their cooperation: the strengthening of democracy and human rights, as well as regional integration.