Argentina belongs to the Hispanic American Economic Area of Western Civilization.
Buenos Aires is one of the largest cities in Hispanic America.
Including its metropolitan area (Greater Buenos Aires), Buenos Aires has
13 million people, one of the ninth most populated urban conglomerates in the World
Buenos Aires is the thirteenth urban centre with the largest revenue in USD
in the World, ahead of Hong Kong, Miami or São Paulo, and its growth forecasts are excellent
Buenos Aires is home to big Argentinian companies
The main economic sectors of Buenos Aires are:
Creative industries
Software
Pharmaceutical industry
Argentinian Economy.
Argentina is a Frontier Market
The compound annual growth rate was 8%, below
China (10.7%) and India (8.4%)
1,000 foreign corporations are in Argentina, including 50% of the Fortune 100 firms
The Argentinian Automotive Industry is a key contributor to the manufacturing production and exports
The Automotive sector represented 2.5%
of the Argentinian GDP (including the automotive parts manufacturing), 8.5% of the industrial output and 10% of the total exports
Ten car makers in Argentina: Fiat, Ford, General Motors, Iveco, Mercedes-Benz, PSA Peugeot-Citroën, Renault, Scania, Toyota, and Volkswagen
The Argentine Republic counts with an extensive competitive food and beverage industry,
with total sales of USD 53 billion (31% of total manufacturing
sales production) and exports USD 21 billion (30% of the total manufacturing
export production)
Software and computer services industry in Argentina has
40,000 workers in near 1,000 companies
Creative industries are principally concentrated in Buenos Aires (7.5% of the district's GDP and 8% of the total employment)
Other big cities in Argentina, Cordoba, Mendoza or Rosario, are also developing the creative industries sector
Significant accumulation of reserves
A fixed monetary policy
A competitive exchange rate
Argentina has significant natural resources
Argentina is a member of the MERCOSUR
International Trade and Business in Argentina
Argentinian Emerging Sectors:
Biofuel
Software
TV
New technologies
International Trade of Argentina.
Argentinian exports decreased by 12% (cereals, fuel, energy, industrial manufacturing, slowdown in Brazil) and imports decreased by 11.4%
The Services export sector registered a record-high volume of 12 billion dollars (one of the highest levels in Hispanic America)
The largest Argentinian trading partners
are Brazil, China, Chile, the U.S., and Germany
Records of the foreign direct investment in twenty-five years
Argentina is a member of the MERCOSUR (Argentina, Brazil, Paraguay, and Uruguay), having access to
a widespread market with 295
million people and the chance of exporting to and importing from the MERCOSUR economies without having to pay
customs duties. Since the creation of the MERCOSUR, foreign trade between Argentina and the other members of the MERCOSUR went up by 500%
(c) EENI Global Business School (1995-2024)
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