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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 ...
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.
English: A chart showing the amount of exports and imports of Argentina, from 1992 to 2004. Note the slight trade surplus in 1995 and 1996, with trade deficit elsewhere, until the recession and the Argentine economic crisis of 2001, followed by currency devaluation, produced a sharp drop in imports.
Milei's drive to turn Argentina's economy around through an austerity push has also brought inflation down to close the year at 117.8%, after an April peak of nearly 300%. Analysts say Argentina's ...
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 ...
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 ...
Beef and other meats are some of the most important agricultural export products of Argentina. Nearly 5 million tonnes of meats (not including seafood) are produced in Argentina, long the world's leading beef consumer on a per capita basis. Beef accounts for 3.2 million tonnes (not counting 500,000 tonnes of edible offal).
The European Union reached a blockbuster free trade agreement Friday with Brazil, Argentina and the three other South American nations in the Mercosur trade alliance, capping a quarter-century of ...