The striker has yet to make an appearance in Manchester City's pre-season campaign and is in a race to be fit for the club's opening Premier League fixture on August 19
The 25-year-old travelled with City's squad for their pre-season tour of Asia but did not appear in either of the club's two matches.
Aguero is now in a race to be fit for City's opening Premier League game against Newcastle United on August 19.
Former City striker Carlos Tevez, who secured a move to Juventus earlier this summer, has also been left out of
Alejandro Sabella's squad.
City full-back Pablo Zabaleta has been named in Argentina's squad, while there is also a place for Newcastle United captain Fabricio Coloccini.
|Cristian Ansaldi||Rubin Kazan|
|Fabricio Coloccini||Newcastle United|
|Pablo Zabaleta||Manchester City|
|Angel Di Maria||Real Madrid|
|Augusto Fernandez||Celta Vigo|
|Ezequiel Lavezzi||Paris Saint-Germain|