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India - Argentina Business and Cultural Council

Argentina, in South America, is known for its diverse landscapes, including the Andes Mountains and Patagonia. It’s famous for tango music, beef, and vibrant cities like Buenos Aires. It has a rich cultural history and is a major global wine producer.

Ambassador and Consul General

The GIBF team met the Ambassador of the Argentine Republic, H.E. Mariano Agustin Caucino, in New Delhi recently. Founder and Global President of GIBF, Dr. Jitendra Joshi and Co- founder and Secretary General, Deepali Gadkari presented the Honorary Membership memento to the ambassador. They discussed about strengthening the trade relations between India and Argentina. The ambassador assured all the support needed to promote trade and cultural relations between the two countries.

Exports

Soybean Meal ($7.89B), Corn ($6.46B), Soybean Oil ($3.9B), Soybeans ($2.31B), and Delivery Trucks ($2.3B)

Imports

Cars ($1.77B), Soybeans ($1.76B), Motor vehicles; parts and accessories (8701 to 8705) ($1.71B), Refined Petroleum ($1.25B), and Petroleum Gas ($1.17B)

About Argentina

Argentina, officially the Argentine Republic, is a country in the southern half of South America. Argentina covers an area of 2,780,400 km², making it the second-largest country in South America after Brazil, the fourth-largest country in the Americas, and the eighth-largest country in the world.
Argentina is known for its passion for Soccer, Mate culture, and love for Tango. With stunning natural landscapes in Patagonia to vibrant city life in Buenos Aires, the country offers a unique experience for travelers. Argentina is also famous for its quality wine, delicious food, and world-renowned landmarks.

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Business Opportunities In Argentina

The national market of Argentina is quite big. Along with that, the export potentials are high, especially from the agricultural sector. All these will help to start your business in Argentina and grow it. In the diverse economy of Argentina, there are several profitable areas of business like Marketing Services
Just like business consultancy, marketing services also have a great demand. If you have marketing exposure, you can start your marketing services company in Argentina. As a marketing consultant, you are supposed to provide both offline as well as online marketing services to your clients.
Organic Cultivation Argentina leads the organic cultivation area in South America. Therefore organic cultivation is a profitable business in Argentina. You have to know the details of organic cultivation before starting the business. Organically grown products get a higher price in the market and hence greater profit for you. Products like sugarcane, fruits, vegetables, or beans can be grown. You have to organize quick sales of the produce.

Exports and Imports In Argentina

Overview In 2022, Argentina was the number 22 economy in the world in terms of GDP (current US$), the number 47 in total exports, the number 48 in total imports, the number 65 economy in terms of GDP per capita (current US$) and the number 61 most complex economy according to the Economic Complexity Index (ECI).

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Top Exports Of Argentina

The top exports of Argentina are Soybean Meal ($12B), Corn ($9.79B), Soybean Oil ($6.79B), Wheat ($4.77B), and Delivery Trucks ($4.53B), exporting mostly to Brazil ($12.6B), China ($8B), United States of America ($6.99B), Chile ($5.11B), and India ($4.38B).

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Top Imports Of Argentina

The top imports of Argentina are Refined Petroleum ($6.79B), Motor vehicles; parts and accessories (8701 to 8705) ($3.58B), Petroleum Gas ($3.49B), Cars ($1.89B), and Soybeans ($1.67B), importing mostly from China ($16.4B), Brazil ($15.4B), United States of America ($11.1B), Germany ($2.69B), and Paraguay ($1.91B).

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