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An Argentine Beef Festival was arranged last February in Helsinki, Finland. To promote the product, a big banquet was held at the Helsinki Oasis Hotel with the Argentine ambassador. Representatives of the IPCVA traveled to Washington, DC, to negotiate a special contract to ease export of Argentine beef to the North American market.
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. [21]
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 ...
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 accord’s proponents in Brussels say it would save businesses some $4.26 billion in duties each year, slashing red tape and removing tariffs on products like Italian wine, Argentine steak ...
In the mid-2000s, export of unprocessed soybeans, soybean oil, and meal generated more than 20% of Argentina's export revenue, triple the joint share of the traditional exports of beef and wheat. [139] Export taxes comprised 8% to 11% of the Kirchner government's total tax receipts, around two-thirds from soy exports. [143]
His government, which has devalued the local peso currency by over 50%, has said it plans to hike taxes for Argentina's grains exports - a key source of global supply for processed soybeans, corn ...
The economy of Argentina is the second-largest national economy in South America, behind Brazil. Argentina is a developing country with a highly literate population, an export-oriented agricultural sector, and a diversified industrial base. Argentina benefits from rich natural resources. However, its economic performance has historically been ...