IOEP 2021 - ARGENTINA ingles

Argentina Export offer

Argentina Export offer

Argentina is a global powerhouse in food production; it has the third-largest industrial complex in Latin America, with highly specialized and competitive production niches, and a well-established leadership in Knowledge-Based Services, which are developed by the country's highly acknowledged human capital.

Argentina Factsheet General overview

Name of the State: Argentine Republic

Surface: 2,780,400 km2.

Population: 45,479,118

Capital: Autonomous City of Buenos Aires (2,890,151 inhab.)

Other cities: Córdoba (1,329,604 inhab.); Rosario (1,193,605 pop.); La Plata (654,324); San Miguel de Tucumán (548,866 inhab.).

Language: Spanish

Currency: Argentine peso

Religion: The majority religion is Catholic (77%). Other cults are also practiced such as Protestant, Jewish, Muslim, Greek Orthodox, Russian Orthodox and others.

Form of State: Federal Republic

Geography

Location: The territory of the Argentine Republic is the second largest in South

America after Brazil, fourth in all of America and the eighth in extension of the Earth, if only the continental surface subject to effective sovereignty is considered. If the claimed territories in Antarctica and Malvinas are counted, it makes it the seventh largest country in the world.

It borders Bolivia, Brazil, Chile, Paraguay and Uruguay. Its geography is very varied, being mostly plains in the east, mountainous areas in the center and mountains in the west. The country is crossed, in its western end, from north to south by the Andes mountain range. The highest peak in Argentina (and in the world, outside the Himalayas system) is Aconcagua, at 6,960.8 meters above sea level.

The Argentine territory under effective sovereignty has a great latitudinal development: 3779 kilometers between the extreme north and the extreme south, from La Quiaca to Ushuaia, which makes it one of the longest countries in the world.

Administrative division: Argentina is organized into 23 provinces and the Autonomous City of Buenos Aires. The provinces divide their territory into departments and these in turn are made up of municipalities, with the exception of the province of Buenos Aires, which only does so in municipalities called parties. The departments, in general, do not have administrative functions, although in the provinces of Mendoza, San Juan and La Rioja each department is a municipality. With the exception of the province of Buenos Aires and the Autonomous City of Buenos Aires, the other provinces have signed interprovincial integration treaties forming four regions: North-Great Argentine Region (Catamarca, Corrientes, Chaco,

Formosa, Jujuy, Misiones, Tu-cumán, Salta and Santiago del Estero), Nuevo Cuyo Region (La Rioja, Mendoza, San Juan and San Luis), Patagonian Region (Chubut, La Pampa, Neuquén, Río Ne-gro, Santa Cruz and Tierra del Fuego, Antarctica and South Atlantic Islands ) and RegiónCentro (Córdoba, Entre Ríos and Santa Fe)

Economic Indicators

GDP: USD 637.6 trillion (2017) GDP - per capita): USD 20,900 (2018) Structure of GDP: Agriculture: 10.80% | Industry: 28.10% | Services: 61.10% Agriculture - Products; soy, wheat, corn, legumes, peanuts, citrus fruits, pears and apples, tea, yerba mate, tobacco, grapes, fine fruits, rice, poultry, beef, pork, sheep meat, among others. Industries: food industry, wine, auto parts, textiles, chemicals, petrochemicals, metallurgy, steel. Industrial production growth: 2.7% Exports: USD 54,884 million (2020) Imports: USD 42,355 million (2020) Trade balance: + USD 12,529 million (2020) Sex ratio:

At birth: 1.07 males / females 0-14 years: 1.06 males / females 15-24 years: 1.05 males / females 25-54 years: 1 male / female 55-64 years: 0.94 men / women 65 years and over: 0.73 male / female Total population: 0.98 men / women (2016 est.)

Population growth: 0.86% Urbanization: 92.1%

Foreign Investment

Table 1. Foreign direct investment in Argentina | 2016 - 2018

Foreign Investment 2016 2017 2018

Inward FDI flow (USD million) 3.260 11.517 12.162

FDI provision (USD million) 74.868 80.700 72.784

Number of greenfield investments *** 116 69 119

Inbound FDI (in% of GFCF ****) 7,1 n/a n/a

FDI provision (in% of GDP) 16,2 n/a n/a

Source: UNCTAD, Latest available data.

Note: * The UNCCD performance indicator is based on a relationship between the country in total world FDI flows and its share in world GDP. ** The potential indicator of the UNCTAD is based on 12 economic and structural indicators, such as GDP, foreign trade, foreign direct investment, infrastructure, energy consumption, R&D, education, country risk. *** Greenfield Investments are a form of direct foreign investment where a parent company establishes a subsidiary in a foreign country by building new operational facilities from the base. **** Gross fixed capital formation (GFCF) measures the value of

additions to fixed assets acquired by companies, government and households less disposals of fixed assets sold or scrapped.

Table 2. Stocks of FDI by country and by activity sector | 2016

Main investors by country 2016, in % United States 23,0 Spain 18,0 Netherlands 12,0 Brazil 6,0 Chile 5,0 Switzerland 5,0 Uruguay 5,0 France 4,0 Germany 3,0 Canada 3,0

Main investors by sector 2016, en % Manufacturing industry 35,0 Mines and oil extraction 22,3 Wholesale and Retail 10,9 Other financial companies 9,1 Banking 6,0 IT 5,0 Agriculture 2,4

Source: Central Bank of Argentina - Latest available data.

Communications Internet - Country Code: .ar Internet users: Total: 30.78 million | Percentage of population: 70.2% (2016) Transport Airports: 1138 Heliports: 2 Railways: 36,917 km. Roads: 281,290 km Major ports: Bahía Blanca, Buenos Aires, La Plata, Punta Colorada, Ushuaia Largest port by TEUs: Buenos Aires (1,851,701) River ports: Arroyo Seco, Rosario, San Lorenzo-San Martín (Paraná)

International organizations

Member of: AfDB (nonregional member), Australia Group, CABEI, BIS, CAN (associate), CD, CELAC, FAO, FATF, G-15, G-20, G-24, G-77, IADB, IAEA, IBRD , ICAO, ICC (national committees), ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC (NGOs), LAES, LAIA, Mercosur, MIGA, MINURSO, MINUSTAH, NAM (observer), NSG, OAS, OPANAL, OPCW, Paris Club (associate), PCA, SICA (observer), UN, UNASUR, UNCTAD, UNESCO, UNFICYP, UNHCR, UNIDO, Union Latina (observer), UNTSO, UNWTO, UPU, WCO, WFTU (NGOs), WHO, WIPO, WMO, WTO, ZC

What do Argentina EXPORT?

Edible Oils

Olive oil Automotive Industry

Engine parts Sunflower oil Automotive equipment

Corn oil Legumes

Peas Soy oil Chickpeas Peanut Oil Beans

Drinks

Wine Cereals

Rice Water Barley Beer Sorghum

Meat

Beef Snacks

Peanuts Poultry Peanut butter Pork Salty snacks Fish Sweets Crustaceans Chocolates

Textiles and leather

Leather

Fruits

Fresh Fruits (Cherries, Lemons, Pears, Apples, Oranges, Tangerines, Strawberries, Blueberries)

Clothing Dried fruits (Dried Plums, Walnuts, Raisins)

Shoes Fruit juices

Sweet preserves

Honey

Dairy

Milk

Jams Cheese

Forestry

Forest products Butter

Furniture Whey

Services

Software Fintech Bigdata

Agtech Foodtech Ecommerce

Tea and Yerba mate

Farm machinery

Metalworking Products

Table 3. Composition of Primary Products | Main products | 2020

Description Amount

(USD FOB) Incidence (%)

1 Corn 6.063.294.106 40

2 Soy 2.192.972.340 14

3 Wheat 2.029.623.908 13

4 Seafood 1.244.411.973 8

5 Peanut 856.161.760 6

6 Legumbes 458.781.892 3

7 Barley 457.325.874 3

8 Pears 252.104.364 2

9 Citrics 234.060.611 2

10 Garlic 172.930.571 1

11 Fish 172.327.517 1

12 Honey 164.086.048 1

13 Rice 157.329.557 1

14 Raw tobacco in leaves 135.705.693 1

15 Cotton fibers 113.672.561 1

16 Sunflower 103.183.282 1

17 Grain sorghum 84.652.572 1

18 Other primary products 68.644.784 --

19 Apples 68.629.679 --

20 Rest of oil seeds and fruits 60.162.431 --

Source. Own elaboration based on INDEC

Table 4. Composition of Manufactures of agricultural origin | Main products | 2020

Description Amount (USD FOB)

Incidence (%)

1 Soybean oil by-products 4.530.712.913 31

2 Beef 2.540.005.968 18

3 Soy oil 2.115.397.091 15

4 Wine 768.668.086 5

5 Prepared milks 495.644.771 3

6 Rest of Manufactures of Agropeacuric origin 327.212.486 2

7 Fruit and vegetable juices 283.616.707 2

8 Sunflower oil 275.201.468 2

9 Rest of legume, vegetable and fruit preparations 228.588.127 2

10 Rest of food waste and preparations for animals 220.490.891 2

11 Poultry 208.331.742 1

12 Cheese 191.706.161 1

13 Bran, bran, pellets (wheat, corn, sorghum and millet) 182.077.370 1

14 Wheat flour 178.147.732 1

15 Rest of the grain-based milling products 163.972.307 1

16 Fish 162.513.447 1

17 Leather 148.621.236 1

18 Other oils 148.594.329 1

19 Pasta, bakery products 122.415.203 1

20 Dried or processed fruits 111.626.379 1


Table 5. Fuel and Energy Composition | Main products | 2020

Descripción Dólares Participación %

1 Rest of fuels 968.869.733 42

2 Raw oil 570.359.837 25

3 Petroleum Gas 444.521.719 19

4 Naftas 177.727.027 8

5 Gasoline 45.276.648 2

6 Rest of combustible 44.958.930 2

7 Lubricating oils and greases 34.690.033 2

Total 2.286.403.926


Table 6. Composition of Manufactures of industrial origin | Main products | 2020

Description Amount (USD FOB)

Incidence (%)

1 Land motor vehicles 2.732.569.772 29

2 Precious metals and stones 1.113.478.434 12

3 Plastic and artificial materials 664.742.825 7

4 Pharmaceutical products 622.465.480 7

5 Rest of the diverse products of the chemical industries

561.632.353 6

6 Essential oils and reisnoids (perfume, cosmetics) 423.440.605 5

7 Biodiesel 347.038.402 4

8 Parts and pieces of vehicles and tractors 279.132.154 3

9 Internal combustion or explosion engines 262.067.185 3

10 Other machines and mechanical appliances, parts and accessories

216.339.655 2

11 Organic chemicals 185.980.960 2

12 Rubbers and their manufactures 160.013.560 2

13 Paper and paperboard 151.398.266 2

14 Electrical machines and appliances and objects intended for electronic use

124.808.709 1

15 Rest of iron or steel 123.677.882 1

16 Soaps, organic surfactants, waxes 113.230.938 1

17 Instruments and apparatus for optics, film, photography

92.563.170 1

18 Inorganic chemicals 86.618.906 1

19 Sheets and plates of cast iron, iron or steel 83.699.015 1

20 Aluminum 82.348.903 1


Where do we export to?

Table 7. Main destinations in Argentina in 2020

Description Amount (USD FOB) Incidence (%)

1 Brazil 7.937.098.129 14

2 China 5.244.001.212 10

3 United States 3.263.880.199 6

4 Chile 2.889.876.926 5

5 Vietnam 2.844.417.094 5

6 India 2.502.111.748 5

7 Netherlands 1.591.341.735 3

8 Peru 1.376.774.342 3

9 Indonesia 1.316.270.192 2

10 Egipt 1.168.097.652 2

11 Spain 1.102.748.559 2

12 Algeria 1.081.099.092 2

13 Uruguay 1.059.201.153 2

14 Switzerland 990.414.300 2

15 Saudi Arabia 957.650.000 2

16 Malaysia 943.536.102 2

17 Paraguay 873.718.070 2

18 Italy 813.597.289 1

19 Indeterminate 811.181.942 1

20 Germany 719.997.030 1


Graph 1. Main destinations of Argentina's exports, year 2020


© GeoNames, Microsoft, Navinfo, TomTomCon tecnología de Bing

34.235

7.937.098.129Exportaciones

Exports by province Argentine exports exceeded USD 65,115 million during 2019, which implied a growth of 5.39% compared to the previous year and 14.73% in the last five years.

Among our main trading partners are China, Brazil, United States, Vietnam, Chile, India, the EU, Indonesia, Algeria, among others.

Likewise, what we sell the most to the world are manufactures of agricultural origin, manufactures of industrial origin, primary products, and fuels and energy, in that order. The pattern of trade is closely linked to our vast natural resources and regional economies that drive productive development. We export products such as: soy pellets, corn, transport vehicles, soybeans, soybean oil, wheat, beef, gold, oil, crustaceans, wine, biodiesel, sunflower oil, medicines, hides and skins, legumes, peanuts , poultry meat, fruit juices, dairy, silver, apples, chemicals, fish, citrus, among many others.An economy more integrated to the world allows expanding the productive capacity of a country, generating more employment and improving productivity. Exports are of vital importance for a country, in addition to generating foreign exchange that will enable the importation of inputs and products that are not produced in the local economy, they allow to offset the fall in domestic demand due to the demand from other countries, hence the importance of their behavior .

For the following analysis, the provinces were grouped on the basis of the grouping criteria taken by the INDEC. The “undetermined” category corresponds to those exports that can be distributed among the provinces whose provincial origin has not yet been determined.

Graph 2. Participation of regions in total exports | 2020


75%

10%

6%

5%

Pampeana

Patagonia

Noroeste (NOA)

Cuyo

Noreste (NEA)

Table 8. Provincial origin of exports by economic regions | 2020

REGION PROVINCE USD MILLION PARTICIPATION

Total 54.884 100,00%

Pampas 41.129 74,94%

Buenos Aires 19.428 47,24%

Ciudad Autónoma de Buenos Aires 281 0,68%

Córdoba 8.163 19,85%

Entre Ríos 1.425 3,47%

La Pampa 592 1,44%

Santa Fe 11.239 27,33%

Patagonia 4.767 8,69%

Chubut 2.030 42,57%

Neuquén 244 5,11%

Río Negro 376 7,89%

Santa Cruz 1.920 40,27%

Tierra del Fuego, Antártida e Islas 0,00%

del Atlántico Sur 198 4,15%

Northwest (NOA) 3.455 6,30%

Catamarca 137 3,97%

Jujuy 329 9,51%

La Rioja 173 5,01%

Salta 923 26,70%

Santiago del Estero 1.120 32,43%

Tucumán 774 22,39%

Cuyo 3.038 5,54%

Mendoza 1.350 44,43%

San Juan 1.120 36,86%

San Luis 569 18,71%

Northeast (NEA) 1.384 2,52%

Chaco 376 27,16%

Corrientes 586 42,31%

Formosa 30 2,20%

Misiones 392 28,33%

Abroad 886 1,61%

Indeterminate 224 0,41%


Vehicles Corn Beef Wheat Soy

Corn Poultry Wheat Soy Meat

Rice Citric fruit Yerba Mate Corn Tea

Corn Soy Cotton Fibers Wheat Quebracho extract

Corn Rice Raw oil Cotton fibers Sunflower seeds

Corn Soy Wheat Olive oil Legumes

Corn Peanut Soy Wheat Vehicles

Yerba mate Tea Tobacco Corn Citric fruits

Seafood Raw oil Wool Fish Petroleum gas

Cane sugar Legumes Wheat flour Citric fruits Corn

Corn Beef Soy Wheat Peanut

Olives Olive oil Wine Dried fruits

Wine Garlic Fruit juices Dried fruits Plastic materials

Petroleum gas Pears Apples Wine Stone fruits

Pears Apples Fruit juices Stone fruits Dried fruits

Legumes Corn Tobacco Soy Inorganic chemical products

Fruit juices Dried fruits Garlic Olive oil Wine

Precious stones and metals Seafood Raw oil Fish Petroleum gas

Soybean oil by-products Soy oil Beef Corn Wheat

Corn Soy Wheat Legumes Cotton Fibers

Petroleum gas Fish Electrical machines and appliances Plastic materials

Citric fruits Essential oils Fruit juices Corn Soy

Main exports by province

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CORD

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SA

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MEN

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QU

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*Tierra del Fuego, Antártida e Islas del Atlántico Sur

Map of exportable products

Fish and seafood

Honey

Apples and pears

Citric fruit

Meat

Dairy

Tea & Yerba Mate

Olive oil & olives

Wines

Legumes

Argentina holds a significant place on the international business map and has great potential in terms of natural resources, human capital and dynamic industrial complexes.

Contact information Federal Council of Investments www.cfi.org.ar [email protected]

IOEP 2021 - ARGENTINA ingles

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