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Great Opportunities for U.S. Exporters in Argentina
Expert Author: Rebecca Marli | Category: International Trade
Argentina has passed through a severe economic crisis in 2001-2002, but in 2007 its gross domestic product (GDP) has grown to an estimated $225 billion. Imports of consumer goods reached $5.147 billions. Imports have grown 20 per cent between 2006 and 2007 because of the high costs for local production. In 2007, total imports in Argentina reached 31 per cent of the total amount of imports, 12 per cent less than in 2006 and 3 per cent less than in 2005.
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