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Argentina - Country Profile

Argentina is located in the extreme southern part of the South American continent. Its territory ranges from fertile plains around Buenos Aires to the Antarctic (although there is some dispute about the country’s Antarctica claims). The diversity of the landscape attracts tourism and the difference of climate types favors agricultural diversification. Traditionally exports from the country have been mostly agricultural (wheat, soybean, wine, livestock, etc.). Even industrial exports and industries are mostly agriculture-related: Food processing, food conditioning and leather tanning industries are among the most developed. Nevertheless, new high-tech industries and services are slowly emerging and there are opportunities for overseas investors in high tech R&D. For more information, visit ProsperAr, Invest in Argentina’s website. Because of consumption patterns, entering the Argentinean market can be difficult. Consumers prefer domestic to imported products and try to have their home

Economic Statistics
Exports : $54.6 billion f.o.b. (2007 est.)
Commodities :
soybeans and derivatives, petroleum and gas, vehicles, corn, wheat
Brazil 17.5%, Chile 9.5%, US 8.9%, China 7.5% (2006)
Imports $40.26 billion f.o.b. (2007 est.)
Commodities :
machinery, motor vehicles, petroleum and natural gas, organic chemicals, plastics
Partners :
Brazil 34.8%, US 12.6%, China 9.1%, Germany 4.5% (2006)