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EDC Position-highly restricted select programs

EDC's Position

  • Reactive approach to business
  • Open on a highly restricted basis under all programs

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Country At A Glance

Flag  of Argentina
Map of Argentina

Country Facts

Nominal GDP543.49 Billion USD
Population42.67 Million
Total Trade/GDP29.45%
CurrencyArgentine Peso (ARS)
Merchandise Imports from Canada244.03 Million CAD
Canadian direct investment3,453 Million CAD
Main importsIntermediate, Capital & Consumer Goods, Fuels

EDC in Argentina

Canadian companies assisted94
International buyers insured215
Business volume92.80 Million CAD

Business Environment

Argentina is one of the largest economies in Latin America with a GDP of more than US 600 billion and is one of the world’s largest exporters of beef. Argentina is rich in natural resources and is a major food producer thanks to its large scale agriculture and livestock industry. Argentina's domestic economy has been subject to government intervention, growing trade protectionism and foreign-exchange controls. Private investment has been deterred by a changing regulatory environment and legal framework. General elections will be held in October 2015 and the political and economic environment may change thereafter.

Key Industries

  • Agriculture
  • Food & Beverage
  • Mining & Metals
  • Oil and Gas
  • Power

How we can support your business

Through our representations in São Paulo and Rio de Janeiro, Brazil, we provide regional support to Canadian companies planning on or currently doing business in Argentina. Our regional representatives have developed strategic relationships with major buyers in key sectors as well as an extensive network of local contacts in the market.

  • We are positioned to help Canadian companies through a range of financing and risk management services.
  • Learn more about our service offering.

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