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Due in part to tax incentives, over 80% of Argentina's soybean harvest is processed into soybean meal and oil (as opposed to being sold as unprocessed beans) vs. 60% in the United States and 35% in Brazil. As a result, Argentina is typically the world's top exporter of soybean co-products with 40-50% global market share. [15]
In relation to other Latin American countries, Argentina has a moderate to low level of income inequality. Its Gini coefficient is of about 0.407 (2022). [199] The social gap is worst in the suburbs of the capital, where beneficiaries of the economic rebound live in gated communities, and many of the poor live in slums known as villas miserias ...
Bagley Argentina S.A. is an Argentine food company with its main plant located in Buenos Aires. Established by U.S.-born entrepreneur Melville Sewell Bagley in 1864, the company (owned by French multinational Danone since 1994) had a wide variety of brands, having specialised in the production of crackers and cookies .
Location of Argentina. Argentina is a federal republic in the southern half of South America. Sharing the bulk of the Southern Cone with its neighbor Chile to the west, the country is also bordered by Bolivia and Paraguay to the north, Brazil to the northeast, Uruguay and the South Atlantic Ocean to the east, and the Drake Passage to the south.
Argentina is the largest producer in the world of yerba mate, one of the 5 largest producers in the world of soy, maize, sunflower seed, lemon and pear, one of the 10 largest producers in the world of barley, grape, artichoke, tobacco and cotton, and one of the 15 largest producers in the world of wheat, sugarcane, sorghum and grapefruit. [8]
Argentine cheese is by far the most produced dairy product in the country, making Argentina the second largest cheese producer in Latin America and among the top 10 cheese-producing countries in the world. [3] In addition, Argentina is the Latin American country that consumes the most cheese, with 12 kilos per capita per year. [4]
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In Argentina, Arcor is the largest producer of processed foods, and its products are exported to over 120 countries. [6] In 2012 Arcor ranked 1st amongst the 100 most valuable companies of Argentina, according to the opinion of CEOs, financial analysts and journalists specialised in economics. [7]