Argentina is South America’s second-largest economy. It belongs to both the G20 and the Mercosur trading group. Argentina’s agricultural, mineral, and energy resources, including renewables, are extensive. Its citizens have a European-style corporate culture, and it has the highest English Proficiency Index score in Latin America.
When exporting to Argentina, like in most other Latin American countries, there are extremely profitable options to be explored. However, if an unskilled Shipper or Freight Forwarder attempts to go there without the necessary understanding, there are several risks.
Although progress is being made, there are still some significant challenges that businesses face when exporting or doing business in Argentina.
According to the Economic Complexity Index, Argentina was the world’s number 29 economy in terms of GDP, number 45 in total exports, number 54 in total imports, and number 78 in terms of GDP per capita.