Since the onset of the commodities boom in the early 2000s, Argentina has become increasingly dependent on soybean exports as a vital source of U.S. dollars — a currency that has experienced exceptionally high demand within the country’s economy for several decades. Consequently, successive administrations have implemented a diverse array of strategies aimed at incentivising … Read more
Crude oil emerged as Argentina’s foremost export in the first half of 2026, surpassing conventional agricultural products to claim the top position in the nation’s export hierarchy. According to a report based on data from the national statistics agency INDEC, crude oil generated $4.7 billion in export revenue between January and June. The figure represents … Read more
With a 2027 launch in mind, American electric car manufacturer Tesla is making the first significant moves to enter the Argentine market. The company has been registered in Argentina since April, featuring a local address and a country manager responsible for operations in both Argentina and Uruguay, where Tesla vehicles officially commenced sales in July. … Read more
The bookshop capital of the world, Buenos Aires, faces the potential loss of a significant number of its independent bookshops, as cautioned by the Argentine book sector last week. Several book industry chambers, encompassing publishers, distributors, authors, and independent bookshops, have raised concerns regarding the government’s plan to abolish the country’s fixed-price regulation. The initiative … Read more
International Monetary Fund Managing Director Kristalina Georgieva addressed various facets of the Argentine economy during a conference held on Monday, where she was accompanied by Economy Minister Luis Caputo upon her arrival in Buenos Aires. Georgieva acknowledged the challenges confronting the country, yet she conveyed a generally positive perspective, asserting that she “didn’t foresee the … Read more
Economy Minister Luis Caputo has confidently asserted that Argentina will achieve “zero inflation” under President Javier Milei’s administration. Speaking on Sunday, Caputo argued that the key difference between the Milei administration and its predecessors in office is that the current government is “addressing the root cause” of Argentina’s problems, namely that “the country was spending … Read more
The current tariffs imposed by Washington on over 60 countries do not affect Argentina’s rate, which remains at 10% as per the original 2025 rule. Although the rate itself remains unchanged, the measure could pose challenges for Argentine products that benefited from the trade agreement signed between the two countries in February of this year. … Read more
The Argentine minimum wage has served as a historic benchmark for salary negotiations within both the formal and informal sectors of the economy. That benchmark, however, has undergone significant alterations since President Javier Milei assumed office in December 2023. Since then, the SMVM has undergone a consistent decrease in purchasing power and is presently at … Read more
Canada aims to finalise a free trade agreement with Mercosur by year-end, as it endeavours to broaden its trading relationships beyond the United States, stated Foreign Minister Anita Anand during her visit to Brazil on Tuesday. In 2025, in the context of the United States’ tariff offensive, Canada and the Mercosur bloc, which includes Argentina, … Read more
The first new facility of this kind to be approved by Pampa Energia SA in over 25 years is a 2.7 billion US dollar urea fertiliser factory on the Atlantic coast of Argentina. Although Argentina has lately prioritised oil production from its prolific Vaca Muerta shale deposit due to its ease of transportation and export, … Read more