Argentina main imports are: intermediate goods (29 percent of total imports), parts and accessories for capital goods (20 percent), capital goods (19 percent), fuels and lubricants (13 percent) and motor vehicles (8 percent).
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What is the main import in Argentina?
Imports The top imports of Argentina are Cars ($2.33B), Refined Petroleum ($2.25B), Vehicle Parts ($2.07B), Petroleum Gas ($1.54B), and Soybeans ($1.38B), importing mostly from Brazil ($9.85B), China ($8.47B), United States ($6.82B), Germany ($2.73B), and Paraguay ($1.74B).
What do they import in Argentina?
Imports
- Vehicles ($13.2 billion—19.8% of their total imports)
- Machinery ($9.9 billion—14.9% of their total imports)
- Electrical equipment ($8.6 billion—12.9% of their total imports)
- Mineral fuels/oil ($5.5 billion—8.2% of their total imports)
- Plastics ($2.4 billion—3.6% of their total imports)
What is Argentina’s major exports?
The country’s main exports include oil-cake and other solid residues (13.1%), maize (9.1%), motor vehicles for the transport of goods (5.3%), soy-bean oil and soybeans (10.2%), and meat (3.5%); while it imports motor cars and other motor vehicles (4.8%), auto parts and accessories (4.2%), petroleum oils and oils
What does Argentina import and export with the US?
U.S. exports to Argentina include machinery, fuel, aircraft, and plastics. U.S. imports from Argentina include aluminum, wine, and fuel.
What are the products of Argentina?
Argentina’s organic crops include sugar cane, raw wool, fruits, vegetables and beans. Major organic exports include cereals and oilseeds: corn, wheat, soy and sunflower. Fruits and vegetables also make up a part of Argentina’s major organic exports: pears, apples, oranges, lemons, garlic onions and beans.
What is Argentina famous for producing?
Argentina is one of the world’s major exporters of soybeans and wheat, as well as meat. It is also one of the largest producers of wool and wine, but most of its wine is consumed domestically.
What does Argentina import China?
| Argentina Imports from China | Value | Year |
|---|---|---|
| Electrical, electronic equipment | $2.28B | 2020 |
| Machinery, nuclear reactors, boilers | $1.95B | 2020 |
| Organic chemicals | $1.07B | 2020 |
| Vehicles other than railway, tramway | $330.65M | 2020 |
How does Argentina make its money?
Argentina’s economy, which is one of the more powerful in the region, is dependent on services and manufacturing, although agribusiness and ranching dominated the economy for much of the 19th and 20th centuries.
How safe is Argentina?
OVERALL RISK : MEDIUM. Overall, Argentina is a country where you should mostly feel safe. Follow general rules of precaution and your common sense, and your trip should go smoothly. Argentina’s main issue is petty crime on the streets, since its rate is pretty high.
What is Argentina’s biggest industry?
Among the main industries in Argentina are food processing, automobile production, textiles, energy production, and mining. The nation also has a growing chemical industry. The service sector is now the leading component of the Argentine economy. In 1999, it accounted for 64 percent of GDP.
What is the biggest company in Argentina?
Mercado Libre Inc.
Mercado Libre Inc. was the company with the highest market capitalization value in Argentina as of September 2021. The market cap of this e-commerce corporation headquartered in Argentina was estimated at around 92.8 billion U.S. dollars.
What are Colombia’s exports?
Top Colombia Exports
- Crude Petroleum and Coal Briquettes. This is by far the largest export commodity in Colombia.
- Coffee and Spices. Using data from 2018, Coffee and spices made up 5.6 % of the total exports.
- Gems and Precious Metals.
- Plastics.
- Live Trees and Cut Flowers.
- Fruits and Nuts.
- Steel and Iron.
- Vehicles.
Is Argentina a poor country?
Argentina is a developing country. Its economy is the second-largest national economy in South America, behind Brazil.
Economy of Argentina.
| Statistics | |
|---|---|
| Inflation (CPI) | 42.0% (2020 est.) |
| Population below poverty line | 33% (2018) (UCA) 32.0% (2018, World Bank) 9.6% on less than $5.50/day (2018) |
Is Argentina is the largest supplier of meat?
The government had in June limited exports of some beef cuts until the end of the year, sparking tensions with farmers.Argentina is the world’s fifth-largest beef exporter and a key supplier to China.
What countries export Argentina?
Argentina trade balance, exports and imports by country
In 2019, Argentina major trading partner countries for exports were Brazil, China, United States, Chile and Vietnam and for imports they were Brazil, China, United States, Germany and Paraguay.
What type of economy does Argentina have?
Argentina has a mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation. Argentina is a member of the Common Market of the South (Mercosur).
What is Argentina minimum wage?
BUENOS AIRES, Sept 21 (Reuters) – Argentina on Tuesday raised the country’s minimum wage to 31,104 Argentine pesos ($316.51) a month starting in September, as persistent inflation eats away at purchasing power.
Is Argentina a ally of China?
Argentina is one of China’s main trading partners in South America; the trade between both countries amounting to nearly $13 billion in US currency.During these two decades, Argentina’s economic strategies have been ideal to soybean production which expanded from 1995’s, 12 million tons, to 2010’s, 52.6 million tons.
Is Argentina a US ally?
Since 1998, Argentina has been a major non-NATO ally, partly owing to Argentina’s assistance to the United States in the Gulf War.
Who are Argentina biggest trading partners?
In 2018, Argentina major trading partner countries for exports were Brazil, United States, China, Chile and Vietnam and for imports they were Brazil, China, United States, Germany and Paraguay.
