U.S. Imports of Goods by Customs Basis from Argentina
IMP3570 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
705.37
Year-over-Year Change
29.88%
Date Range
1/1/1985 - 6/1/2025
Summary
This economic trend measures the value of U.S. imports of goods from Argentina, providing insights into trade dynamics and the strength of the bilateral commercial relationship.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The U.S. Imports of Goods by Customs Basis from Argentina indicator tracks the total dollar value of merchandise imported into the United States from Argentina. This metric is widely used by economists and policymakers to analyze trade flows, assess the competitiveness of U.S. industries, and inform trade negotiations.
Methodology
The data is collected by the U.S. Census Bureau based on customs declarations and import documentation.
Historical Context
Trends in U.S. imports from Argentina are closely monitored by trade analysts, businesses, and government agencies to gauge the health of the overall trade relationship.
Key Facts
- Argentina is one of the United States' largest trading partners in South America.
- U.S. imports from Argentina have grown steadily over the past decade.
- Soybean products and motor vehicles are major U.S. imports from Argentina.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods imported into the United States from Argentina on a customs basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health of the U.S.-Argentina trade relationship and can inform economic and trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau based on customs declarations and import documentation.
Q: How is this trend used in economic policy?
A: Trends in U.S. imports from Argentina are closely monitored by trade analysts, businesses, and government agencies to gauge the overall trade relationship and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a short lag time. There are no major known limitations to the reporting of this metric.
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Citation
U.S. Federal Reserve, U.S. Imports of Goods by Customs Basis from Argentina (IMP3570), retrieved from FRED.