Doing Business In Argentina

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National Service of Agricultural Food Health and Quality (SENASA, Servicio Nacional de Sanidad y Calidad Agroalimentaria. Provides information on import requirements for agricultural products: www.senasa.gov.ar Argentine Chamber of Biotechnology and Animal Reproduction: www.cabia.org.ar 3/4/2008
Food Ingredients Overview Return to top 3/4/2008 2005 2006 2007 (estimated) Total Market Size 100 110 135 Total Local Production 50 55 65 Total Exports N.A. N.A. N.A. Total Imports 50 55 70 Imports from the U.S. 24 27 25 Millions of USD. Exchange Rate 1USD=3 Argentine Pesos. Sources: The above statistics are unofficial estimates, based on industry specialists. Argentina’s food processing industry continues to grow as a result of record exports and a very strong recovery of the domestic market. A strong dollar vis-à-vis the peso caused a rapid substitution of many high-value imported goods for locally manufactured products, which increased the use of food ingredients. In addition, larger local food manufacturers have been shifting imports of food ingredients from Europe to the U.S. due to the high value of the euro compared to the dollar. Best Products/Services Return to top Soy proteins, ingredients for functional foods, nutraceuticals, fibers, natural extracts, additives, natural flavors, sweeteners, algae omega 3, flavor extruders for baked products, ingredients for the juice industry, nutritional and health ingredients, natural antioxidants. Opportunities Return to top The use of imported food ingredients is expected to continue to recover as many local companies are very competitive in world markets and are focusing on increasing production and expanding exports. In addition, because many food ingredients are not produced locally, they must be imported, especially those which are tailor-made or used to manufacture more sophisticated products. Resources Return to top Institute of Food Technologists: www.ift.org/cms (IFT) National Association of Flavors and Food-Ingredient Systems: (http://naffs.mytradeassociation.org/) (NAFFS) Food Ingredients South America (FISA) (Sao Paulo, Brazil) Various food industry contacts, primarily participants of USDA/FAS Buenos Airessponsored trade missions to the IFT Annual Food Expo.
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Doing Business in Argentina: 2008 C
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3/4/2008 Argentina’s banking syst
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3/4/2008 The zero percent import du
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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 and 50: significantly smaller than in the U
Page 51 and 52: A gradual recovery has taken place
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: Agricultural Sectors Return to top
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
Page 101 and 102: legality of this pesification decre
Page 103 and 104: deterrent penalties such as prison
Page 105 and 106: Law 17811 of 1968 regulates public
Page 107 and 108: A recent ACO investigation of GOA p
Page 109 and 110: 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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