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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]
Vehicles remain Argentina's top export to Brazil, accounting for $3.1bil in exports in 2021. [81] Beverages are another significant sector, and Argentina has long been among the top five wine producing countries in the world; beer overtook wine production in 2000, and today leads by nearly two billion liters a year to one. [64]
Argentines, famed for steakhouses, sprawling cattle ranches and asado barbecues, are consuming less beef than ever, forced to tighten their belts by triple-digit inflation and a recession. Beef ...
Map of countries by exports, 2023. The following article lists different countries and territories by their exports according to data from the World Bank. Included are merchandise exports and service exports. Merchandise exports are goods that are produced in one country and sold to another country. Service exports refer to the cross-border ...
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
Exports had soared after the collapse of 2001 forced the government to let the national currency (the peso) float and depreciate. As a result, internal prices of beef, a major staple of Argentine diet , rose considerably, and part of the beef production was diverted from the local market to importers abroad.
The price of beef and veal grew 1.9% year over year but fell 1.1% month over month, the biggest monthly decline since June of 2022. A pound of 100% ground beef chuck cost $5.59 in October, a penny ...