Buenos Aires is one of the largest cities in Latin America. It also ranks as the leading financial, industrial, commercial, and cultural hub of the region. Due to the changes in the world’s economy, the economic profile of Buenos Aires is going through a deep transformation. With that stated, it makes Argentina an emerging market with a plethora of opportunities and a tremendous upside potential for investors, business owners, and entrepreneurs! Argentina is a market that has favorable demographics, global export demand, superior quality of life and a surging tourism sector. Their economic climate is diverting from a heavily industrialized base, to service and technological activities. Seventy-eight percent of the city’s economy is produced from the service sector and is highly recommended by businessmen from all over the world. Other sectors with a significant influence are advertising, agriculture, manufacturing, and some additional sectors.
The top ten imports of this country are:
- Vehicles and Auto Parts
- Equipment and Machinery
- IT – High Tech Products
- Petroleum and Minerals
- Organic Chemicals
- Plastics
- Pharmaceuticals
- Iron and Steel Products
- Inorganic Chemicals
- Optical Instruments
- Information Technology and Communication
- Real Estate Development
- Audio Visual Industry
- Tourism
This weeks challenge: Learn more about Argentina and how your business can expand its boundaries and reach a financial pinnacle in this country.
Next Weeks Topic: A Matter Relating to International Business
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Globally yours,
ericaamurray
ericaamurray 