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DOING BUSINESS IN LATIN AMERICA Economic sectors of Argentina Charlotte Duthoit Olivier Fry Marie Aude Landrot Introduction Argentina’s economy in the past: Based on agriculture Nowadays: Industry and service sectors have grown Agriculture: It represents: 11% of GDP 1/3 of all exports Types of production: Milk, Cheese and even Leather Products : 6% of total exports Livestock: Bovine(one of the finest worlwide quality) 60% Ovine 30% Fishing: Only 2% of GDP because of water pollution Agriculture Wine: the world 5th wine producer, Mendoza is the largest wine region Soy and Vegetable oils are major export commodities at 24% of exports Fruits and Vegetables made up 3% of exports Services Is the biggest contributor to total GDP Tourism: Keeps going up, now providing 7% of economic output Telecommunications are extremely strong: mobile telephony 75% of the population equipped, internet 30% Some argentina’s most famous places: Perito Moreno Glacier… Bariloche Iguazu Falls Manufacturing Industry The nation’s leading single sector with 35% in GDP Industrial centers: Buenos aires and cordoba Most Important Industries: Motor vehicles Auto parts Transportation Manufacturing Industry Food stuff Farming equipment Textile Iron and Steel Mining: extraction of fuels non metalliferous and metalliferous minerals, one of the biggest producers with Canada and Russia of Cobalt. Conclusion Despite the quality of some of its industries Argentina is not yet an economic leader. Its worldwide rank by GDP is 18 GDP: US $558,755 M GDP Per Capita: US $13,813 (50th)