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Economic indicators

Argentina

Economic indicators | Foreign Trade in figures | Sources of general economic information

Economic indicators

Main indicators	2008	2009	2010	2011	2012
GDP (billions USD)	328.56	310.07e	344.14e	359.83e	379.40e
GDP (constant prices, annual % change)	6.8	0.9e	3.5e	3.0e	3.0e
GDP per capita (USD)	8,266.46	7,725.66e	8,493.38e	8,797.65e	9,190.60e
Inflation rate (%)	8.6	6.3e	10.1e	9.1e	9.7e
Current Account (billions USD)	4.99	8.65e	9.52e	7.23e	9.32e
Current Account (in % of GDP)	1.5	2.8e	2.8e	2.0e	2.5e

Source:

Note: (e) Estimated data

Breakdown of economic activity by sector	Agriculture	Industry	Services
Value added (annual % change)	-2.5	4.0	8.2
Value added (in % of GDP)	9.8	32.3	57.9
Employment by sector (in % of total employment)	0.8	23.7	75.2

Source: - last available data.

Monetary indicators	2004	2005	2006	2007	2008
Average annual exchange rate for 1 USD	2.92	2.90	3.05	3.10	3.14

Source:

Foreign trade in figures

Foreign trade indicators	2005	2006	2007	2008	2009
Imports of goods (millions USD)	28,689	34,152	44,707	57,423	38,771
Exports of goods (millions USD)	40,351	46,546	55,779	70,023	55,750
Imports of services (millions USD)	7,364	8,242	10,500	12,664	11,246
Exports of services (millions USD)	6,519	7,899	10,210	11,929	11,050
Imports of goods and services (annual % change)	20.1	15.4	20.5	14.1	-
Exports of goods and services (annual % change)	13.5	7.3	9.1	1.2	-
Imports of goods and services (in % of GDP)	19.2	19.2	20.3	20.7	-
Exports of goods and services (in % of GDP)	25.1	24.8	24.6	24.5	-
Trade Balance (millions USD)	13,087	13,958	13,255	15,464	-
Current Account (millions USD)	5,281	7,768	7,384	7,078	-
Foreign trade (in % of GDP)	44.3	44.0	45.0	45.1	-

Source:

Main partner countries

Main customers (% of exports)	2008
Brazil	18.9%
China	9.1%
United States	7.9%
Chile	6.7%
Netherlands	4.2%
Spain	3.9%
Uruguay	2.6%
Italy	2.4%
Germany	2.1%
Venezuela	2.0%
Mexico	1.9%
Peru	1.9%
Paraguay	1.6%
Iran	1.5%
Egypt	1.5%
South Africa	1.4%
Russia	1.4%
France	1.3%
Algeria	1.3%
India	1.2%
See more countries	53.1%

Main suppliers (% of imports)	2008
Brazil	31.3%
China	12.4%
United States	12.2%
Germany	4.4%
Paraguay	3.1%
Mexico	2.8%
France	2.5%
Japan	2.4%
Italy	2.1%
Spain	1.8%
Chile	1.7%
Russia	1.3%
South Korea	1.3%
United Kingdom	0.9%
Uruguay	0.9%
India	0.9%
Thailand	0.8%
Malaysia	0.7%
Switzerland	0.6%
Canada	0.6%
See more countries	36.6%

Source: Comtrade

Main products

Main exports (% of exports)	2008
Residues and waste from the food industries;...Residues and waste from the food industries; prepared animal fodder	11.1%
Animal or vegetable fats and oils and their...Animal or vegetable fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes	10.1%
CerealsCereals	9.7%
Mineral fuels, mineral oils and products of their...Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes	9.6%
Vehicles other than railway or tramway...Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof	9.3%
Oil seeds and oleaginous fruits; miscellaneous...Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruit; industrial or medicinal plants; straw and fodder	7.0%
Meat and edible meat offalMeat and edible meat offal	2.8%
Articles of iron or steelArticles of iron or steel	2.7%
Nuclear reactors, boilers, machinery and...Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof	2.6%
Miscellaneous chemical productsMiscellaneous chemical products	2.5%
Plastics and articles thereofPlastics and articles thereof	2.1%
Edible fruit and nuts; peel of citrus fruits or...Edible fruit and nuts; peel of citrus fruits or melons	2.0%
Fish and crustaceans, molluscs and other aquatic...Fish and crustaceans, molluscs and other aquatic invertebrates	1.8%
Ores, slag and ashOres, slag and ash	1.6%
Preparations of vegetables, fruit, nuts or other...Preparations of vegetables, fruit, nuts or other parts of plants	1.6%
Dairy produce; birds' eggs; natural honey; edible...Dairy produce; birds' eggs; natural honey; edible products of animal origin, not elsewhere specified or included	1.4%
Raw hides and skins (other than furskins) and...Raw hides and skins (other than furskins) and leather	1.3%
Aluminium and articles thereofAluminium and articles thereof	1.2%
Natural or cultured pearls, precious or...Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin	1.1%
Aircraft, spacecraft, and parts thereofAircraft, spacecraft, and parts thereof	1.1%
Beverages, spirits and vinegarBeverages, spirits and vinegar	1.1%
Products of the milling industry; malt; starches;...Products of the milling industry; malt; starches; inulin; wheat gluten	1.0%
Pharmaceutical productsPharmaceutical products	0.9%
Electrical machinery and equipment and parts...Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles	0.9%
Iron and steelIron and steel	0.9%
Organic chemicalsOrganic chemicals	0.8%
Essential oils and resinoids; perfumery, cosmetic...Essential oils and resinoids; perfumery, cosmetic or toilet preparations	0.7%
Edible vegetables and certain roots and tubersEdible vegetables and certain roots and tubers	0.7%
Paper and paperboard; articles of paper pulp, of...Paper and paperboard; articles of paper pulp, of paper or of paperboard	0.6%
Preparations of cereals, flour, starch or milk;...Preparations of cereals, flour, starch or milk; pastrycooks' products	0.6%
Rubber and articles thereofRubber and articles thereof	0.5%
Inorganic chemicals; organic or inorganic...Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals, of radioactive elements or of isotopes	0.5%
Tobacco and manufactured tobacco substitutesTobacco and manufactured tobacco substitutes	0.5%
Wood and articles of wood; wood charcoalWood and articles of wood; wood charcoal	0.4%
Albuminoidal substances; modified starches; glues;...Albuminoidal substances; modified starches; glues; enzymes	0.4%
Preparations of meat, of fish or of crustaceans,...Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates	0.4%
Sugars and sugar confectionerySugars and sugar confectionery	0.4%
Optical, photographic, cinematographic, measuring,...Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof	0.3%
Wool, fine or coarse animal hair; horsehair yarn...Wool, fine or coarse animal hair; horsehair yarn and woven fabric	0.3%
Tanning or dyeing extracts; tannins and their...Tanning or dyeing extracts; tannins and their derivatives; dyes, pigments and other colouring matter; paints and varnishes; putty and other mastics; inks	0.3%
Furniture; bedding, mattresses, mattress supports,...Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated signs, illuminated name-plates and the like; prefabricated buildings	0.2%
Soap, organic surface-active agents, washing...Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modelling pastes, 'dental waxes' and dental preparations with a basis of plaster	0.2%
Miscellaneous edible preparationsMiscellaneous edible preparations	0.2%
Cocoa and cocoa preparationsCocoa and cocoa preparations	0.2%
Pulp of wood or of other fibrous cellulosic...Pulp of wood or of other fibrous cellulosic material; recovered (waste and scrap) paper or paperboard	0.2%
Coffee, tea, maté and spicesCoffee, tea, maté and spices	0.1%
Printed books, newspapers, pictures and other...Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans	0.1%
Photographic or cinematographic goodsPhotographic or cinematographic goods	0.1%
Products of animal origin, not elsewhere specified...Products of animal origin, not elsewhere specified or included	0.1%
Ships, boats and floating structuresShips, boats and floating structures	0.1%
Salt; sulphur; earths and stone; plastering...Salt; sulphur; earths and stone; plastering materials, lime and cement	0.1%
FertilizersFertilizers	0.1%
Articles of stone, plaster, cement, asbestos, mica...Articles of stone, plaster, cement, asbestos, mica or similar materials	0.1%
See more products	50.3%

Main imports (% of imports)	2008
Vehicles other than railway or tramway...Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof	16.3%
Nuclear reactors, boilers, machinery and...Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof	16.2%
Electrical machinery and equipment and parts...Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles	11.0%
Mineral fuels, mineral oils and products of their...Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes	7.2%
Organic chemicalsOrganic chemicals	5.4%
Plastics and articles thereofPlastics and articles thereof	3.9%
Iron and steelIron and steel	2.9%
FertilizersFertilizers	2.6%
Oil seeds and oleaginous fruits; miscellaneous...Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruit; industrial or medicinal plants; straw and fodder	2.5%
Aircraft, spacecraft, and parts thereofAircraft, spacecraft, and parts thereof	2.1%
Pharmaceutical productsPharmaceutical products	2.0%
Articles of iron or steelArticles of iron or steel	2.0%
Optical, photographic, cinematographic, measuring,...Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof	1.9%
Rubber and articles thereofRubber and articles thereof	1.9%
Miscellaneous chemical productsMiscellaneous chemical products	1.8%
Paper and paperboard; articles of paper pulp, of...Paper and paperboard; articles of paper pulp, of paper or of paperboard	1.7%
Ores, slag and ashOres, slag and ash	1.7%
Inorganic chemicals; organic or inorganic...Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals, of radioactive elements or of isotopes	1.6%
Furniture; bedding, mattresses, mattress supports,...Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated signs, illuminated name-plates and the like; prefabricated buildings	0.7%
Tanning or dyeing extracts; tannins and their...Tanning or dyeing extracts; tannins and their derivatives; dyes, pigments and other colouring matter; paints and varnishes; putty and other mastics; inks	0.7%
Footwear, gaiters and the like; parts of such...Footwear, gaiters and the like; parts of such articles	0.7%
Essential oils and resinoids; perfumery, cosmetic...Essential oils and resinoids; perfumery, cosmetic or toilet preparations	0.6%
Copper and articles thereofCopper and articles thereof	0.6%
Toys, games and sports requisites; parts and...Toys, games and sports requisites; parts and accessories thereof	0.6%
Tools, implements, cutlery, spoons and forks, of...Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal	0.6%
Man-made staple fibresMan-made staple fibres	0.5%
Soap, organic surface-active agents, washing...Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modelling pastes, 'dental waxes' and dental preparations with a basis of plaster	0.5%
Glass and glasswareGlass and glassware	0.5%
CottonCotton	0.5%
Aluminium and articles thereofAluminium and articles thereof	0.5%
Miscellaneous articles of base metalMiscellaneous articles of base metal	0.4%
Salt; sulphur; earths and stone; plastering...Salt; sulphur; earths and stone; plastering materials, lime and cement	0.4%
Articles of apparel and clothing accessories, not...Articles of apparel and clothing accessories, not knitted or crocheted	0.4%
Man-made filamentsMan-made filaments	0.4%
Ceramic productsCeramic products	0.3%
Printed books, newspapers, pictures and other...Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans	0.3%
Wood and articles of wood; wood charcoalWood and articles of wood; wood charcoal	0.3%
Cocoa and cocoa preparationsCocoa and cocoa preparations	0.3%
Articles of apparel and clothing accessories,...Articles of apparel and clothing accessories, knitted or crocheted	0.2%
Edible fruit and nuts; peel of citrus fruits or...Edible fruit and nuts; peel of citrus fruits or melons	0.2%
Other made-up textile articles; sets; worn...Other made-up textile articles; sets; worn clothing and worn textile articles; rags	0.2%
Miscellaneous manufactured articlesMiscellaneous manufactured articles	0.2%
Knitted or crocheted fabricsKnitted or crocheted fabrics	0.2%
Miscellaneous edible preparationsMiscellaneous edible preparations	0.2%
Articles of leather; saddlery and harness; travel...Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut)	0.2%
Albuminoidal substances; modified starches; glues;...Albuminoidal substances; modified starches; glues; enzymes	0.2%
Photographic or cinematographic goodsPhotographic or cinematographic goods	0.2%
Preparations of vegetables, fruit, nuts or other...Preparations of vegetables, fruit, nuts or other parts of plants	0.2%
Coffee, tea, maté and spicesCoffee, tea, maté and spices	0.2%
Impregnated, coated, covered or laminated textile...Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use	0.2%
Meat and edible meat offalMeat and edible meat offal	0.2%
Wadding, felt and nonwovens; special yarns; twine,...Wadding, felt and nonwovens; special yarns; twine, cordage, ropes and cables and articles thereof	0.2%
Articles of stone, plaster, cement, asbestos, mica...Articles of stone, plaster, cement, asbestos, mica or similar materials	0.2%
Ships, boats and floating structuresShips, boats and floating structures	0.2%
Preparations of meat, of fish or of crustaceans,...Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates	0.2%
Pulp of wood or of other fibrous cellulosic...Pulp of wood or of other fibrous cellulosic material; recovered (waste and scrap) paper or paperboard	0.1%
Animal or vegetable fats and oils and their...Animal or vegetable fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes	0.1%
Natural or cultured pearls, precious or...Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin	0.1%
See more products	43.9%

Source: Comtrade

See more products: More imports (Intracen Data)
More exports (Intracen Data)

Sources of general economic information

Ministries: State Portal
Ministry of the Economy
Secretariat of Agriculture, breeding, fishing and food (Sagpya)
Ministry of Foreign Relations, International Trade and Religion
Statistical Office: Instituto Nacional de Estadística y Censos (INDEC)
Central Bank: Banco Central de la República Argentina
Stock Exchange: Bolsa de Comercio de Buenos Aires
Main online newspapers: La Nación
Clarin
Infobae Profesional
Cronista
Search Engines: Grippo (in Spanish)
Lycos Argentina
Terra
Yahoo! Argentina
Economic portals: Portal of Argentina, Economic Section

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Economic indicators

Argentina

Economic indicators

Foreign trade in figures

Main partner countries

Main products

Sources of general economic information

Country profiles

General information

Access to markets

Regulatory environment

Postal information

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