Export to Argentina
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NAME: Argentine Republic
POPULATION: 40,518,951 (June 2010 est.)
CAPITAL: Buenos Aires
AREA: 2.8 million sq km (1.1 million sq miles)
MAIN CITIES: Mendoza, La Plata, San Miguel de Tucumán
LANGUAGE: Spanish
TIME ZONE: GMT -3
CURRENCY: Peso (ARS)
DIALLING CODE: +54
INTERNET DOMAIN .ar
ECONOMY
Argentina is the third largest economy in Latin America and it benefits from rich natural resources, a well educated population, an export-oriented agricultural sector and a varied industrial base.
KEY INDUSTRIES
- Food processing
- Motor Vehicles
- Consumer durables
- Textiles
- Chemicals & Petrochemicals
- Printing
- Metallurgy
- Steel
|
Argentina’s most important trading partners (2006) |
|||
| Source: EIU | |||
|
Leading markets |
% of total |
Leading suppliers |
% of total |
| Brazil |
16.8 |
Brazil |
37.2 |
| Chile |
8.8 |
US |
15.4 |
| US |
8.3 |
China |
6.5 |
| China |
7.2 |
Germany |
5.2 |
|
Top Ten Argentinean Exports/Imports 2006 (M$US) |
|||||
| Source: EIU | |||||
|
Main exports |
Value |
% of total |
Main imports |
Value |
% of total |
| Processed agricultural products |
15,251 |
32.8 |
Intermediate goods |
11,920 |
36.5 |
| Manufactures |
14,801 |
31.8 |
Capital goods |
8,484 |
26 |
| Primary products |
8,953 |
19.2 |
Consumer goods |
3,970 |
12.1 |
| Fuel & energy |
7,564 |
16.2 |
Fuels |
1,729 |
5.3 |
MAIN EXPORT PARTNERS
- Brazil 18.9%
- China 9.1%
- US 7.9%
- Chile 6.7%
- Netherlands 4.2% (2008)
MAIN IMPORT PARTNERS
- Brazil 31.3%
- China 12.4%
- US 12.2%
- Germany 4.4% (2008)
EXPORT – COMMODITIES
- Soybeans and derivatives
- Petroleum and gas
- Vehicles
- Corn
- Wheat
IMPORT COMMODITIES
- Machinery
- Motor vehicles
- Petroleum and natural gas
- Organic chemicals
- Plastics
Source www.cia.gov
| SOCIAL ACCOUNTING | |
| Unemployment Index : | 8.3% (Mar 2010) |
| GDP PPP: | 566,922 MM US $ (2009 IMF) |
| GDP Per capita PPP: | 14,125 US $ (2009 IMF) |
| Last GDP Growth Rate: | -1.0% (2009 IMF) |
| GDP Growth Forecasting: | 1.5% (2010 IMF) |
| Economic activity rate: | 9.7% (Change 12 month Apr 2010-2009) |
| Interest rate: | 11.50% (Feb 2010) |
| Exchange rate: | 3.9305 (ARS/USD) Closing Jun 2010 |
| INFLATION | |
| Versus Last Month Change: | 0.7% (Change May – Apr 2010) |
| Versus Last Quarter Change: | 9.7% (Change Q1 2010) |
| 12 Month Change: | 10.7% (Change 12 month May 2010 – 2009) |
| Annual Target Rank: | N/A |
| FOREIGN TRADE: | |
| Total Exports: | 25,898 MM US $ (Accumulated to May 2010) |
| Total Imports: | 19,740 MM US $ (Accumulated to May 2010) |
| Balance of Trade: | 6,158 MM US $ (Accumulated to May 2010) |
| Balance of Payments: | 1,039 MM US $ (Q1 2010) |
| Current Account: | 365 MM US $ (Q1 2010) |
| OTHER INTERESTING TIPS: | |
| Treaties and International Agreements: | |
| Free Trade Agreement | |
| Mercosur Bolivia, Chile | |
| Customs Union | |
| Mercosur Member | |
| MEMBER OF: | |
| AC, FAO, G-20, IMF, Mercosur, UNASUR, WTO, IADB, IAEA | |
| Country Risk : | |
| Agency: | Fitch |
| Qualification: | R.D. |
| N.A. | |
| Agency: | S&P |
| Qualification: | B- |
| Stable | |
| Agency: | Moody’s |
| Qualification: | B2 |
| Stable | |
| INTERNATIONAL RANKINGS | |
| Corruption Perceptions Index (International Transparency): | |
| Global Ranking Position: | 106° (2009) |
| Latin America Ranking Position: | 13° (2009) |
| EASE OF DOING BUSINESS INDEX (World Bank): | |
| Global Ranking Position: | 118° (2010 Report) |
| Latin America Ranking Position: | 11° (2010 Report) |
| GLOBAL COMPETITIVENESS INDEX RANKINGS (world economic forum): | |
| Global Ranking Position: | 85° (2009 – 2010 Ranking) |
| Global Ranking Position: | 83° (2008 – 2009 Ranking) |
| Latin America Ranking Position: | 12° (2009 – 2010 Ranking) |
| Latin America Ranking Position: | 11° (2008 – 2009 Ranking) |
Source: www.bnamericas.com
ONLINE RESOURCES
- Gobiernoelectrónico.ar – Argentine Government (Spanish) www.argentina.gov.ar
- Argentina.ar - www.en-argentina.ar
- Argentine Central Bank – www.bcra.gov.ar
- National Institute of Statistics and Census (INDEC) (Spanish) www.indec.gov.ar
- Tourism Secretariat – www.turismo.gov.ar
- Argentina Travel Guide – www.justargentina.org
NEWSPAPERS
- Clarin – www.clarin.com
- La Nacion – www.lanacion.com.ar
- Cronica – www.cronica.comar
- El Cronista – www.cronista.com
- La Prensa – www.laprensa.com.ar
- Pagina 12 www.pagina12.com.ar
