Doing Business In Argentina

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Plastics Production Machinery Overview Return to top 2005 2006 2007 (estimated) Total Market Size 300.6 322.8 337.5 Total Local Production 200 220 232 Total Exports 13.0 15 19.5 Total Imports 113.6 117.8 125 Imports from the U.S. 5.8 13.2 16 Millions of USD. Rate of exchange: US$1=AR$3 Sources: The above statistics are unofficial estimates, based on Argentine Customs data, CAIP (Argentine Plastics Association) and industry specialists. There are approximately 2,700 plastic processing plants in Argentina, employing some 32,000 people. Most of these companies are small, while only a handful are world-class. Over the past 15 years, the production of plastics has remained practically unchanged in terms of GDP (1 percent in 2006). The use of installed production capacity for the rubber and plastics industries has grown steadily during the last four years to reach 72.2 percent in November 2007. Imports of machinery, equipment, and molds for the plastics industry continued to recover robustly in 2006, totaling 117.8 million, which represents a 3.7% increase against 2005 figures. Considering the high GDP growth for 2006 and that the plastics sector supplies many other industries, it is expected that imports have grown considerably in 2007 (around 5 percent) and will continue to grow steadily during 2008. The demand for imported machinery is largely explained by the more stable macroeconomic situation and the increasing industrial output. Machinery constituted around 50 percent of all capital goods imported for the industry into Argentina in 2006. Capital Goods Imported - Plastics Industry - Argentina: Capital Goods 2006 Machinery 49.6% Molds and Matrixes 15.1% Equipment* 9.7% Parts and Pieces 25.6% * mills, cutters, etc. It is important to note that imported machinery used to process plastics and rubber, as well as other capital goods, enter duty-free due to a regulation that aims to foster the acquisition of state-of-the-art technology in Argentina. Best Products/Services Return to top 3/4/2008
A gradual recovery has taken place in the area of injection equipment and blow molding equipment for the soft drink and bottled water industry, which makes these subsectors attractive for U.S. exports. However, U.S.-made machinery is mostly imported into Argentina for extrusion processes. Opportunities Return to top With installed production capacity above 70 percent and demand growing, especially in the packaging, construction, automotive and agricultural sectors, the plastic industry continues to experience an increasing necessity for investment in machinery that permit Argentine companies to expand their business. Additionally, the current depreciation of the U.S. dollar against the Euro represents an excellent opportunity for U.S. suppliers to become more aggressive in the Argentine market, given that local companies are more open to considering alternative quality options to European equipment. Resources Return to top For additional information on this industry such as trade events, useful links, and the products and services that the U.S. Commercial Service can provide to help you succeed in the Argentine market, visit www.comerciousa.org/argentina_Editable/- MPerez/plastics_industry/plastics_main.asp. 3/4/2008
Page 1 and 2: Doing Business in Argentina: 2008 C
Page 3 and 4: 3/4/2008 Argentina’s banking syst
Page 5 and 6: 3/4/2008 The zero percent import du
Page 7 and 8: Return to table of contents Chapter
Page 9 and 10: Policy Short-term Short/Medium Term
Page 11 and 12: meetings. The service includes at l
Page 13 and 14: approximately 87 percent of the tot
Page 15 and 16: more limited and delivery is a grow
Page 17 and 18: Goods: Preference will be given to
Page 19 and 20: material, input, or material needed
Page 21 and 22: terminals at international airports
Page 23 and 24: As in many countries, personal rela
Page 25 and 26: "Clarin", "La Nacion", and "Ambito
Page 27 and 28: Av. de Mayo 605, Piso 3 C1084AAB Bu
Page 29 and 30: Business Facilitation Service: CS A
Page 31 and 32: organizations, both Argentine or U.
Page 33 and 34: available in Chapter 9: Contacts, M
Page 35 and 36: Agricultural Machinery, Equipment a
Page 37 and 38: Electric Power Systems Overview Ret
Page 39 and 40: Food Processing and Packaging Equip
Page 41 and 42: Information Technology Overview Ret
Page 43 and 44: Other market conditions will foster
Page 45 and 46: market. The market has been growing
Page 47 and 48: Mining Sector Specialist at the U.S
Page 49: significantly smaller than in the U
Page 53 and 54: Best sales prospects for U.S. elect
Page 55 and 56: Travel and Tourism Services Overvie
Page 57 and 58: Telecommunications Equipment and Se
Page 59 and 60: Agricultural Sectors Return to top
Page 61 and 62: Food Ingredients Overview Return to
Page 63 and 64: Pioneer Argentina: www.pioneer.com/
Page 65 and 66: Average Tariff Rates by Type of Pro
Page 67 and 68: In 2006, there was a significant in
Page 69 and 70: 3/4/2008 Certain imported goods for
Page 71 and 72: Please note that VAT and Profits Ta
Page 73 and 74: 3/4/2008 Goods covered by Decree 73
Page 75 and 76: A fax of the commercial invoice may
Page 77 and 78: you through this process. You may a
Page 79 and 80: violate export control laws is foun
Page 81 and 82: Initial period: 1 year Extension: 1
Page 83 and 84: Article 6: - Importers, manufacture
Page 85 and 86: emanufactured) and certified by a "
Page 87 and 88: 3/4/2008 Normalizacion) --composed
Page 89 and 90: 3/4/2008 continuing shortage of ind
Page 91 and 92: 3/4/2008 Record No. S01:0116093/200
Page 93 and 94: 3/4/2008 Internet: www.anmat.gov.ar
Page 95 and 96: subject to the orders, guidelines o
Page 97 and 98: In January 2002, the government end
Page 99 and 100: The GOA has established a number of
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legality of this pesification decre
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deterrent penalties such as prison
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Law 17811 of 1968 regulates public
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A recent ACO investigation of GOA p
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Foreign-Trade Zones/Free Ports Retu
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Argentine Parliament (www.diputados
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Registry of Foreign Investments. Fo
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Local bankers report that the major
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The International Bank for Reconstr
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total project costs for new venture
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C1104AC) Buenos Aires, Argentina Ph
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Buenos Aires has a large number of
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Travelers should note that since Ar
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Internet: www.buyusa.gov/argentina/
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U.S. Department of Commerce Trade I
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(Argentine Chamber of Importers) Mr
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(Ministry of Federal Planning, Publ
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C1020AC Buenos Aires Switchboard: (
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25 de Mayo 487, primer piso C1002AB
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C1036AAJ Buenos Aires Phone: (54-11
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Fax: (54-11) 4312-7184 E-mail: mdem
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E-mail: fargosi@fibertel.com.ar BAS
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Bolivar 332, Piso 6 C1088AAH Buenos
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Mr. Klaus Bertram, President 25 de
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EXOLGAN TERMINAL PORTUARIA S.A. Mr.
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C1006ACI Buenos Aires Phone: (54-11
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Fax: (54-11) 4131-3900 E-mail: info
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www.starwoodhotels.com/sheraton/pro
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Doing Business In Argentina

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