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The high consumption per capita [7] shows that beef is profoundly integrated into traditional Argentine cuisine. However, as can be seen, beef exports are not an essential part of the Argentine economy. This is in large part because Argentina consumes most of its beef and the industry has been prevented from orienting itself to an export industry.
Argentine trade with fellow Mercosur nations reached US$35 billion in 2022, and as in most years remained in deficit for Argentina with US$15.8 billion in exports and US$19.3 billion in imports. Mercosur buys 68% of Argentine exports of motor vehicles and auto parts, and these made up three-eights of total exports to the bloc in 2022.
The exports ban included meat cuts that are not usually consumed in the local Argentine market, but did not force exporters to cancel previously arranged contracts with foreign buyers or bilateral country-based agreements, and did not include the Hilton Quota (28,000 tonnes of high-quality frozen cuts destined to the European Union, free of ...
From January to November, Argentina logged a $17.20 billion trade surplus, official data show, turning around the $7.94 billion trade deficit in the first 11 months of 2023. TRADE SURPLUS LIKELY ...
Still, the latest data show Argentines are this year eating beef at a rate of around 44 kilograms (97 lbs) per year, down sharply from more than 52 kg last year and as much as 100 kg a year in the ...
Argentine President Mauricio Macri on Monday announced new taxes on exports in the world's third-biggest soy producer and steep cuts to spending in an "emergency" bid to balance next year's budget ...
Argentina itself is a relatively minor trade partner for the United States, its imports from the U.S. of $9.9 billion making up 0.7% of total U.S. exports and its exports to the U.S. of $4.5 billion only 0.2% of U.S. imports; Argentina however is among the few nations with which the United States routinely maintains significant merchandise ...
With industrial production of USD $79.8 billion in 2023 (19% of GDP), Argentina is the third-largest industrial power in Latin America after Mexico and Brazil. [1] Argentina has a sophisticated industrial base that ranges from small and medium-sized enterprises to world-class facilities operated by domestic and multinational corporations.