Exports of wearing apparel from Argentina to the US have seen fluctuating trends from 2013 to 2023, with significant variations year-on-year. In 2023, the export value stands at $1.7352 million, reflecting an 11.23% decline over the previous year. Over the past five years, the compound annual growth rate (CAGR) has been -9.97%, indicating a downward trend. Notably, in 2013, exports amounted to $3.6308 million, showing a stark contrast over a decade.
Future trends to watch for:
- Forecast to 2028 shows a steep decline, with a projected five-year CAGR of -17%.
- By 2028, the export value is expected to drop to $0.58858 million.
- Watch for external factors like global economic conditions, trade policies, and domestic production capabilities that could impact these trends.