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Argentina likely logged the largest trade surplus in its history in 2024, a Reuters analyst poll released on Friday showed, on the back of libertarian President Javier Milei's bid to boost grains ...
Argentina's cattle industry had become a key growth driver in the economy, with Argentina ranking fourth in cow meat exports. Thus, it was crushing news when new cases of foot-and-mouth disease (FMD) were found in 2001, for the first time in 60 years. Although FMD is usually harmless to people, the virus is easily spread between animals, making ...
Mutual trade reached nearly US$20 billion in 2022, with US$6.9 billion in U.S. imports from Argentina and US$13 billion in exports to Argentina. [27] Trade in services with Argentina has been especially advantageous for the U.S., with Argentina's services deficit with the U.S. reaching US$5 billion in 2019 [31] - the entirety for that year. [6]
As local consumption has slid, exports have risen, but weaker global prices have dampened the boost for farmers. By far the top buyer of Argentine beef is China, though it imports cheaper cuts not ...
The economy of Argentina is the second-largest national economy in South America, behind Brazil. Argentina has a human Development Index classified as "very high" by the United Nations, with a highly literate population, an export-oriented agricultural sector, and a diversified industrial base. Argentina benefits from rich natural resources ...
Latin America development bank CAF has offered $600 million in assistance to counter-guarantee payments for Brazilian exports to Argentina to secure trade flows, ministers from both countries said ...
In 2005 Argentina exported 40% more beef with respect to the previous year, for about $1.4 billion. [ 5 ] In late 2005 and 2006, months of unsuccessful negotiations went on between the national government and the beef producers and traders, which included considerable political and media pressure by the former.
Argentina's poverty rate soared past 40% in the first half of this year. (Reporting by Maximilian Heath; Writing by Sarah Morland; Editing by David Alire Garcia and Leslie Adler) Show comments