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EDC Position-open all programs

EDC's Position

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

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Country At A Glance

Flag  of Argentina
Map of Argentina

Country Facts

Nominal GDP607.90 Billion USD
Population43.13 Million
Total Trade/GDP24.46%
CurrencyArgentine Peso (ARS)
Merchandise Imports from Canada310.05 Million CAD
Canadian direct investment1,182 Million CAD
Main importsIntermediate, Capital & Consumer Goods, Fuels

EDC in Argentina

Canadian companies assisted99
International buyers insured124
Business volume115.14 Million CAD

Business Environment

Argentina is one of the largest economies in Latin America with a GDP of more than USD540B in 2014. Argentina is rich in natural resources and is a major food producer thanks to its large scale agriculture and livestock industry. For many years, Argentina's domestic economy has been subject to government intervention, trade protectionism and foreign-exchange controls; however, in December 2015, Mauricio Macri became the country’s first center-right and market friendly president to win a free and fair election in modern history. Since his election into office, Macri has taken significant steps to liberalize the Argentine economy by lifting capital controls, floating the peso, negotiating debt payments with holdout bond creditors and removing numerous export controls.

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.

Consult our interactive Country Risk Quarterly report.


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