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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 ...
Argentine trade with fellow Mercosur nations reached US$35 billion in 2022, and as in most years remained in deficit for Argentina with US$15.8 billion in exports and US$19.3 billion in imports. Mercosur buys 68% of Argentine exports of motor vehicles and auto parts, and these made up three-eights of total exports to the bloc in 2022.
Argentina likely logged the largest trade surplus in its history in 2024, a Reuters analyst poll released on Friday showed, on the back of libertarian President Javier Milei's bid to boost grains ...
This success led to a joint effort between Argentina, Brazil and Chile to negotiate a peaceful resolution to the United States' occupation of Veracruz, Mexico in April 1914. That May, the three nations' foreign ministers hosted U.S. officials in Canada, a conference instrumental in the withdrawal of U.S. troops that November.
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 ...
The strong, fixed exchange rate turned the trade balance to a cumulative US$22 billion in deficits between 1992 and 1999. [131] Unable to devalue, Argentina could only become more competitive if prices fell. [94] Deflation came from recession, falling wages and rising unemployment. [94] Interest rates remained high, with banks lending dollars ...
Argentina's government rejected a counterproposal from the country's three main creditor groups on Monday to revamp around $65 billion in foreign debt, doubling down on its own "final" offer as ...
Trade agreements were reached with several countries. Between 1947 and 1949 reached trade agreements with Switzerland, Hungary, Italy, the Netherlands, Norway, Finland, Denmark, Brazil and Sweden. Despite the efforts made by the body to expand the portfolio of buyers of Argentine products, the United Kingdom continued to rank first as an ...