Based on the forecasted data, Argentina's exports of chemicals and chemical products to the US are on a declining trend from 2024 to 2028. In 2023, the actual export value stood at USD 361.12 million. From 2024 to 2025, there is a year-on-year decrease of 5.45%, followed by a 5.66% decrease in 2026, a 5.87% decrease in 2027, and a 6.09% decrease in 2028. Over the last two years, the export value dropped significantly by an average rate of 5.66%. The compound annual growth rate (CAGR) from 2024 to 2028 indicates an average decline of 5.92% per year.
Future trends to watch for include potential shifts in trade policies, changes in demand for chemical products in the US market, and Argentina's competitive positioning versus other chemical-producing nations. The impact of technological advancements and sustainability measures within the chemical industry may also influence future export volumes and values.
