Key Market Indicators
Argentinian Truck Exports are projected to surge to approximately $4.3 billion by 2028, up from $3.9 billion in 2023. This marks an average annual growth rate of 1.8%. Since 1998, the nation's truck supply has consistently increased by an average of 2.1% annually. In 2023, Argentina ranked 13th globally in truck exports, trailing behind South Africa, which led the category at the same $3.9 billion mark. The United States, Germany, and France held the second, third, and fourth positions, respectively. Meanwhile, Argentinian Truck Imports are expected to rise to nearly $2 billion by 2028, from $1.8 billion in 2023, reflecting a 2% average annual growth rate. The demand for trucks in Argentina has seen a significant uptick, with a yearly increase of 5.6% since 1998.