Doing Business in Argentina
Welcome to Argentina!
There is a distinguished bilateral commercial history that the United States and Argentina share, with new opportunities for future trade and investment. The United States is Argentina’s third largest trading partner and is among the "most active" country investors. Argentina is an important export market for the United States, with a population of 40 million people – the second largest economy in South America and the fourth most populous country in Latin America.
The United States maintains a trade surplus with Argentina: in 2010, the United States exported nearly $7.3 billion in goods to Argentina (computers, transportation equipment, agricultural chemicals, and parts for oil field rigs) and imported approximately $3.6 billion in goods (fruit juices, tobacco, crude petroleum, tea and intermediate parts for industry) from Argentina.
U.S. investment makes a large contribution to Argentina’s economy. Over 500 U.S.-based companies currently operate in Argentina, employing over 155,000 Argentines. U.S. investment in Argentina totals over $13 billion and is concentrated in the energy, manufacturing, information technology, and financial sectors. U.S. firms operating in Argentina continue to make a positive impact on the Argentine economy and society.