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Argentina Country Commercial Guide 2009 Market Overview Return to top
Welcome to Argentina! There is a distinguished bilateral commercial history that the U.S. and Argentina share, with new opportunities for future trade and investment. The United States is Argentina’s third largest trading partner (after Brazil and China), and the Argentine Government Investment Agency recently cited the U.S. as the "most active" country investor in Argentina. The U.S. maintains a trade surplus with Argentina: In 2008 the U.S. exported nearly $6 billion in goods to Argentina. The U.S. imported $5.6 billion in goods (mostly commodities) from Argentina. U.S. investment in Argentina makes a large contribution to the economy: Over 500 U.S.-based companies are currently operating in Argentina, and employ over 155,000 Argentines. U.S. investment in Argentina totals over $13 billion and is concentrated in the energy, manufacturing, information technology, and financial sectors. In 2008, U.S. firms ranked high among the "best places to work" in Argentina (21 of the top 50, and 6 of the top 10), and are many of the "most admired companies in Argentina" with 33 of the 100 most admired in Argentina, as ranked by The Great Places to Work Institute, and the CEOP public opinion polling and research organization, respectively. This Country Commercial Guide presents useful information for companies to determine market potential and approaches to entering the Argentine market. This year’s top market sectors described in Chapter Four are: Agricultural Machinery Parts and Irrigation Equipment; Food Processing Equipment; ICT; Medical Equipment & Supplies; Mining Equipment; Plastics Machinery & Equipment; Renewable Energy Equipment; Safety & Security, Sporting Goods; and Travel & Tourism. We encourage you to work with the U.S. Embassy to explore opportunities in all sectors. Services offered by the U.S. Embassy can help American firms with market entry or expansion strategies, and advocacy for tender bid and policy obstacles. The U.S. Embassy also stands ready to help U.S. companies understand and address market challenges. In addition to the services of the U.S. Embassy, the U.S. Export-Import (Ex-Im) Bank is open for short and medium-term financing for U.S. exports to private sector clients in Argentina. Long-term (15 years) financing is available for environmental projects on a case-by-case basis. The Overseas Private Investment Corporation (OPIC) offers assistance to U.S. private investors in the form of political risk insurance, as well as loans and loan guarantees for their direct investment in Argentina. The U.S. Embassy Commercial Service in Argentina provides a wide range of services to help U.S. companies enter and expand operations in the country. For details on the services offered, Country Commercial Guides can be ordered in hard copy or on diskette from the National Technical Information Service (NTIS) at 1-800-553-NTIS.
The entire 2008 Argentina Country Commercial Guide is also available online:
Doing Business in Argentina: A Country Commercial Guide for U.S. Companies
The Country Commercial Guide contains the following chapters:
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