Photographic book

Imports and exports


Image of Argentina
Image of Argentina

The trade balance tends to be favorable to Argentina when world demand for food is high. The country’s exports were worth $55.6 billion in 2007. Exports are principally animals and animal products, including meat, hides, and wool; grains, including wheat and corn; oilseed; petroleum products; and automobiles. Imports are typically machinery and equipment, chemicals, metals, and airplanes and other vehicles; in 2007 imports cost $44.8 billion. Chief purchasers of exports are Brazil, the United States, Chile, China, Spain, Italy, Netherlands, and Uruguay; leading sources for imports are Brazil, the United States, China, Germany, Italy, Japan, and Spain.

Argentina is a member of the Latin American Integration Association (LAIA, known in Spanish as Asociación Latinoamericana de Integración, ALADI), which governs regional trade. It is also a member of the Southern Cone Common Market (also known by its Spanish acronym, MERCOSUR). Founded in 1991, MERCOSUR eliminates tariffs on many goods traded between Argentina, Brazil, Paraguay, and Uruguay. A large portion of Argentina’s imports and exports are with its MERCOSUR partners. Chile is also an important trading partner with Argentina and other members of MERCOSUR.

Currency and Banking


Argentina’s currency is the peso argentino, consisting of 100 centavos. The Central Bank, which was established in 1935 and came under government control in 1949, functions as the national bank and has the sole right to issue currency. After an economic collapse Argentina in 2002 abandoned a law that had pegged the peso to the U.S. dollar on a one-to-one basis. The peso was devalued by 30 percent and allowed to float freely. "Argentina" © Emmanuel BUCHOT, Encarta, Wikipedia

Photos of European countries to visit

Photos Czech Republic

Czech Republic

Photos Informations

Hungary Pictures

Hungary Pictures

Photos Informations

Spain photos

Spain photos

Photos Informations

Scotland Photos

Scotland Photos

Photos Informations

Photos of Portugal

Portugal

Photos Informations

Photos England

Photos England

Photos Informations

Pictures Amsterdam

Netherlands

Photos Informations

Photos of Asian countries to visit

India photos

India photos

Photos Informations

Photos of Hong Kong

Hong Kong

Photos Informations

Images from South Korea

South Korea

Photos Informations

Cambodia photos

Cambodia

Photos Informations

Photos of Japon

Photos of Japon

Photos Informations

Photos of Thailand

Photos of Thailand

Photos Informations

Photos of Taiwan

Photos of Taiwan

Photos Informations

Photos of America

Website information