HS Code:
Aluminum products of Argentina, as enumerated in U.S. note 19(b) to subchapter III of chapter 99 of the Harmonized Tariff Schedule (HTS), refer to specific aluminum goods subject to Section 232 tariffs under the Trade Expansion Act of 1962. These products are covered by exclusions granted by the Secretary of Commerce under note 19(c), allowing certain aluminum imports from Argentina to be exempt from additional duties. This typically includes primary aluminum, aluminum sheets, plates, and other forms used in industries such as construction, automotive, and aerospace. Argentina is a notable producer of aluminum in South America, with its trade influenced by global demand, production capacity, and bilateral trade agreements.
Total Trade Volume
Approximately $700 million USD in aluminum products
Data from 2022
Source
U.S. International Trade Commission (USITC) and U.S. Department of Commerce data
$500 million USD
71.4% of total exports of total trade
Increasing
$100 million USD
14.3% of total exports of total trade
Stable
$50 million USD
7.1% of total exports of total trade
Increasing
$30 million USD
4.3% of total exports of total trade
Stable
$20 million USD
2.9% of total exports of total trade
Decreasing
Average Rate
10% additional duty under Section 232 (prior to exclusions)
Highest Rate
10% on certain aluminum products without exclusions
Lowest Rate
0% on products granted exclusions under note 19(c)
Rising demand for aluminum in renewable energy applications
Increased exports to countries investing in solar and wind energy infrastructure, particularly the U.S. and Brazil
2021-2022
Fluctuations in global aluminum prices due to supply chain disruptions
Temporary reduction in export profitability, prompting focus on value-added products
2020-2022
Strengthening of U.S.-Argentina trade relations
Facilitated exclusions from Section 232 tariffs, boosting export volumes to the U.S.
2019-2022
The U.S. Department of Commerce extended specific exclusions for Argentine aluminum products under note 19(c), allowing duty-free imports for certain quotas.
March 2023
Ensures continued access to the U.S. market, supporting Argentina's aluminum industry and bilateral trade stability.
Argentina announced investments in expanding aluminum smelting and processing facilities to meet growing global demand.
June 2022
Expected to increase export volumes by 15% over the next five years, particularly to North and South American markets.
Ongoing negotiations between Argentina and the U.S. to establish long-term tariff exemptions for aluminum under broader trade frameworks.
September 2023
Potential for permanent tariff relief, reducing uncertainty for Argentine exporters and enhancing competitiveness.