Despite the economic problems, Argentina has become one of the most industrialized countries of South America. Argentina produces many goods, and has an important light industry (mainly food and textiles).
What are the major imports in Argentina? Although Argentina is one of the largest agricultural exporters in the world, the country needs to import technology. Argentina imports much of the equipment, technology and raw materials like coal and iron. It imports machinery, mechanical appliances and electronic items. Cars, chemicals and metal manufactures are also imported. And Oil, natural gas and plastics are imported from Latin American countries.
What are the major imports in Argentina? Argentina also imports computers and cellular phones. These come from China and the U.S.The electronics industry is not well developed in Argentina. China and Argentina have special agreements to lower import taxes. Argentina exports to China food, leather, and especially soybeans.
The shortage of skilled workers, technicians and specialists, and the dependence of foreign capital are the fundamental problems of the sector.
The main import partners of Argentina are Brazil (34.8%) U.S. (12.6%), China (9.1%) and Germany (4.5%). Argentina's total imports in 2009 were 37.61 billion U.S. dollars, down from 54.56 billion U.S. dollars in 2008.
What are the major imports in Argentina? Since 1995, Argentina is part of Mercosur, a free trade area between Argentina, Brazil, Paraguay and Uruguay. These countries have no customs duties for imported and exported items, with the exception of sugar and automotive industries. Domestic production is 800,000 million dollars and 200 million people live in the region. Mercosur represents a great opportunity to Argentina to reduce competition with Brazil. The main item of imports from Brazil is the automotive industry: cars, trucks, buses and spare parts. The items that grew most were TV cameras, phones, laundry machines, computers, motorcycles, alloys, tires and films.
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