Our Market

Below provides a profile of the Buenos Aires market over all and interesting facts and information about issues important to both Buenos Aires and foreigner executives working in Buenos Aires.

You'll also find helpful links to other areas of interest.

Argentina is a well developed first rate country which utilizes its abundant natural resources, highly literate population, an export-oriented agricultural sector, and a diversified industrial base.

Agribusiness has become a key driver of economic growth in the country. Argentina is considered as a leading global provider of oilseeds, cereals, fruits and vegetables.

These are some of Argentina’s major sectors of industry:

• Food raw material and processing
• Textiles and leather
• Oil & Gas
• Chemicals and pharmaceuticals
• Motor vehicles, farming equipment and auto parts
• Synthetic plastic manufacturing and plastic precursors
• Iron, steel and aluminum
• Home appliances
• Industrial machinery
• Forestry products
• Cement
• Glass
• Tobacco products

The service sector, which accounts for 58% of the economy, is the biggest contributor to the total GDP.  It is diversified and includes, financial, insurance, real-estate, transportation and communication services, as well as vigorous commercial and tourist services.

Argentina's foreign policy priorities are focused on increasing regional partnerships, including expanding the MERCOSUR regional trade block.

Demography

Argentina is similar to Canada, Australia and the United States in terms that it is a country of immigrants.  Like the United States it is a melting pot of different ethnicities and cultures (both autochthonous and immigrants).  The largest part of the Argentine’s population is derived from colonial-era settlers and of the 19th and 20th century immigrants from Europe, with a minority coming from the local native.

Geography

The Argentine Republic is located in the Southern and Western Hemispheres. Its relative position in South America gives the country a diversity of climates and culture.

Argentina is nearly 3,700 km long from north to south, and 1,400 km from east to west (maximum values). It can roughly be divided into four parts:

1) The fertile plains of the Pampas in the center of the country, the source of Argentina's agricultural wealth

2) The flat to rolling, oil-rich plateau of Patagonia in the southern half down to Tierra del Fuego

3) The subtropical flats of the Gran Chaco in the north

4) The rugged Andes mountain range along the western border with Chile.

The total surface area of Argentina (not including the Antarctic area), is as follows:

Total: 2,766,890 km²

Land: 2,736,691 km²

Water: 30,200 km²

Population

40. 3 Million

Official language

Spanish

Political Structure

Democratic Republic

Capital

Buenos Aires

Currency

Peso (ARP)