According to the U.S. State Department, foreign trade equaled approximately 39% of GDP in 2007 (up from only 11% in 1990) and plays an increasingly important role in Argentina's economic development. Over 450 U.S. companies are currently operating in Argentina and employ over 150,000 Argentine workers. U.S. investment in Argentina is concentrated in the manufacturing, information, and financial sectors. Other major sources of investment include Spain, Chile, Italy, France, Canada, Japan and Brazil.
Perhaps you're interested in establishing a partnership with one of the country's exporters. You may be considering joint ventures with Argentine companies, franchise or licensing opportunities or sales of your products and services in Argentina. Whatever your interests and needs, the resources provided in this section will lead you to information that can support your entry into this growing market.
Success in the Argentine market depends on everything from understanding government regulations and tariffs and knowing the right labeling and packaging to use in shipments, to working in accordance with local business practices. Getting the basics down can prepare you for market entry and success.
The International Federation of Trade Associations, (FITA), whose members include more than 450,000 trade-related organizations, created this resource, which provides an introduction to the market in Argentina. Use the links on this page to navigate to more information about the economy and political structure, business environment and rules for buying, selling and operating a business in Argentina.
This short profile of the Argentine market was prepared by the Australian Trade Commission (Austrade), the Australian government's trade and investment development agency. It reviews Argentina's economic climate and provides information and statistics about trade relations.
Austrade reviews Argentine business opportunities and etiquette. This page also offers information about such topics as tariffs; import restrictions; product certification, labeling and packaging; methods of quoting and payment; and various documentation and tax issues.
UK Trade & Investment, a division of the government of the United Kingdom, created this downloadable PDF report on doing business in Argentina. The report provides introductory information about the market, advice to companies that want to export to or do business in Argentina, and a guide to etiquette, language and cultural concerns.
The U.S. Department of Commerce prepared this report, and while it includes chapters dedicated to the sale of U.S. products and services in Argentina and leading sectors for U.S. export and investment, it also addresses topics of more universal interest, such as Argentina’s:
- political and economic environment
- trade regulations and standards
- investment climate
- trade and project financing
- business travel contacts
- market research and trade events
Market-specific information, such as licensing, employment issues, getting credit, and starting a business or franchise, is critical in moving into new countries.
The World Bank's "Doing Business In" project compares business procedures and economic regulations in 181 countries throughout the world. This comprehensive report includes chapters about dealing with licenses, starting or closing a business, employing workers, getting credit, protecting investors, paying taxes, enforcing contracts, and trading across borders in Argentina. Most World Bank materials are published in English, Spanish, Portuguese, French, Russian, Chinese and Arabic.
This World Bank chart summarizes the procedures, schedule requirements, and costs associated with setting up a business in Argentina.
This page features a chart that summarizes the procedures, time, and costs to build a warehouse in Argentina. Text beneath the chart provides details about each step in the process.
Business success abroad depends not only on the quality of your products and services, but also on the knowledge and respect you show for the customs and manners of business people in your host country. These guides will help you to ensure that your business conduct in Argentina makes a positive impression.
In addition, you may refer to the business etiquette sections of this report prepared by the Australian government.