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The biggest Industries in Argentina in total account for 69.7% of the total exports. As the country works towards improving the living standards of its people, an economic transformation is witnessed that promotes sustainable economic development.
Argentine industry is dominated by two major sectors – food, beverages, and tobacco; and chemicals and petroleum products – that reflect the country's comparative advantage in agriculture and energy. Combined, these two sectors drove 55% of total industrial production in 2023. [3]
According to the 2019 list, Argentina has the 31st most valuable industry in the world (57.7 billion dollars), behind Mexico, Brazil and Venezuela, but ahead of Colombia, Peru and Chile. [67]
Leading Argentine exports to the United States include crude oil & gas, processed foods, chemicals, and agricultural products. Travel and transport are the leading service exports from Argentina to the United States. The United States is Argentina’s top foreign direct investor, totalling US$131.6 billion in the last 10 years.
Argentina counts with large and diversified agriculture and industry sectors, which, together, account for about 30 percent of the national GDP and 27 percent of the employment. Across its 2.8...
The country is a leading food producer with large-scale agricultural and livestock industries. In addition, Argentina has significant opportunities in some manufacturing subsectors, and in innovative services in high tech industries.
Argentina is a country with a diverse and thriving economy, supported by a range of major industries. This article will delve into the various sectors that contribute significantly to Argentina’s economic growth and development.
Fruits, vegetables, oilseed crops such as soybeans and sunflowers, and industrial crops such as sugarcane and cotton increased their share of total agricultural production at the expense of the dominant grain crops. Overall, however, Argentina remained one of the world’s major agricultural producers.
Leading Industries of Argentina . The economy of Argentina is based on diverse sectors. The largest GDP contributor is the business, social, and other services sector which make up 33.3%. This is followed by manufacturing at 17.2% of the GDP and commerce and tourism at 16.9%.
Principal industries in Argentina. Automotive Industry. Argentina’s automobile industry is an important sector of the country’s economy. The industry began in the early 20th century and is one of the largest in Latin America. The leading manufacturers in Argentina include General Motors, Ford, Volkswagen, Renault, Toyota, and Fiat, among ...