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argentina: trade

Argentina is a major exporter of grains, oilseeds, and livestock products. In 2002, Argentina's agricultural exports totaled $12.9 billion, according to Argentine data. Argentina is a world leader in the processing and export of oilseeds; oilseeds and products alone accounted for more than $5.4 billion in exports in 2002. In 2002, wheat exports were $1.1 billion, corn $912 million, and meats about $440 million.

Agricultural exports to the United States in 2002 totaled $602 million, with much less concentration in primary products such as grains and oilseeds. Leading exports to the United States were fruit juices ($94 million) processed red meats ($56 million), tobacco ($42 million), and tea ($32 million).

Argentina is not a significant agricultural importer. Agricultural imports totaled only $680 million, with $52 million in imports from the United States.

Privatizations of transportation and handling infrastructure during the 1990s resulted in major improvements in rail service and port facilities, dramatically increasing Argentina's export capacity. Major expansions and upgrades in port facilities occurred near Rosario, on the Parana River.

Exports of grains and oilseeds and their products from the Rosario-San Lorenzo-San Martin port complex on the Parana River more than doubled from 14.7 million tons in 1993 to 38.0 million tons in 2002.

 

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page updated: September 1, 2004

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