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Agribusiness and Agricultural Machinery Agribusiness and ...

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<strong>Agribusiness</strong>, the sector’s potential: A view from the resources<br />

Booming exports & innovation<br />

Rising Manufactured Exports of<br />

<strong>Agricultural</strong> Origin<br />

(in billions of US$)<br />

Fostering Innovation throughout the Value<br />

Chain<br />

23.9<br />

21.2<br />

22.6<br />

19.2<br />

15.3<br />

11.9<br />

13.1<br />

10.0<br />

2003 2004 2005 2006 2007 2008 2009 2010<br />

Source: SUINV based on INDEC<br />

Creation of the Ministry of Science <strong>and</strong><br />

Technology <strong>and</strong> remarkable increase of S&T<br />

<strong>and</strong> Education budget.<br />

Innovation at every stage of the value chain:<br />

seed production (genetic technology),<br />

sowing (no-till farming) <strong>and</strong> gathering (silo<br />

bag).<br />

55 biotech firms are working to further<br />

develop the country’s Food & Beverage<br />

industry.<br />

9<br />

9

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