Forecast: Export of Trucks from Argentina

The export value of trucks from Argentina is forecasted to grow from 2024 to 2028. The estimated values are $3.9648 billion in 2024, reaching $4.3321 billion by 2028. This shows a positive year-on-year growth trend of 2.38% to 2.70% annually over the forecast period, suggesting a steady increase in market demand and export capacity. The compound annual growth rate (CAGR) over the five years from 2023 to 2028 is expected to be around 2.73%.

Key future trends to watch for include:

• Advancements in truck technology which could make Argentine exports more competitive.

• Potential trade agreements that could open new markets.

• Global economic factors that might influence demand for commercial vehicles.

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