Country Information Export Development Canada South and Central America and the Caribbean

Argentina

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Evaluating the market in Argentina

We can help you get a better understanding of market activity, relationships and support to grow your business.

EDC Position

EDC Country Position – Open on a restricted basis

Open on restricted basis

What this means:

  • Responsive approach to business
  • EDC solutions are available on a restricted basis
How does EDC determine the position?

Risk Rating

EDC Country Position – Medium to High Risk

Medium to High Risk

What this means:

The Commercial Country Ceiling (CCC) Risk Rating is measured from low to high, and is meant to represent the best possible rating that can be assigned to a commercial business (obligor) in a country.

How does EDC determine the risk rating?

Business environment in Argentina

Argentina is one of the largest economies in Latin America with a GDP of more than USD 545 billion in 2016. Argentina is rich in natural resources and is a major food producer. For many years, Argentina's domestic economy has been subject to government intervention, trade protectionism and foreign-exchange controls; however, in December 2015, President Marci became the country's first center-right, market friendly president to win a fair election in modern history. Since his election into office, President Macri has taken significant steps to liberalize the Argentine economy by lifting capital controls, floating the peso, and negotiating debt payments and holdout bond creditors.
  • Agriculture
  • Mining & Metals 
  • Oil and Gas
  • Power
International Trade Solutions

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Interested in growing your business in this market?

Speak to a Trade Advisor weekdays between 9 am to 5 pm EST.

1-888-220-0047

1-888-220-0047

Or send us a question and we'll get back to you as soon as possible.

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Alicia McCarthy

Senior Trade Advisor, EDC

Alicia McCarthy  Senior Trade Advisor, EDC