Country profile

Argentina

A major exporter of grains, soybean products, beef and, increasingly, oil, gas and lithium.

Updated 11 November 2026. Sources at the bottom of the page.

Capital
Buenos Aires
Population
47.9 million (2026)
Currency
Argentine peso (ARS)
GDP, 2026
US$768 billion
Exports, 2025
US$87.1 billion
Exchange rate
1 USD = 1,545 ARS (11 Nov 2026)

Economy

IMF World Economic Outlook, October 2026. 2026 and 2027 are IMF projections.

2.1%Real GDP growth, 2026
3.5%Real GDP growth, 2027
32.5%Inflation, 2026
7.6%Unemployment, 2026
69.3% of GDPGovernment debt, 2026
0.6% of GDPCurrent account, 2026

Trade

Top export markets

Share of the country’s exports, 2025

  1. Brazil (10.2%)
  2. China (9.8%)
  3. United States (6.4%)
  4. Chile (6.2%)
  5. India (5.3%)

Main exports

Product groups, share of exports

  1. Cereals (12.8%)
  2. Animal and vegetable oils, mainly soybean oil (10.9%)
  3. Animal feed, mainly soybean meal (10.9%)
  4. Mineral fuels (10.6%)
  5. Vehicles (7.7%)

Main trade agreements

  • Mercosur (with Brazil, Paraguay and Uruguay)
  • Latin American Integration Association (ALADI) agreements
  • EUโ€“Mercosur and EFTAโ€“Mercosur agreements (concluded; entry into force subject to ratification)

Trade policy to watch

  • Currency and imports: Argentina has removed many currency and import controls since 2024, but rules still change often.
  • Inflation: inflation has fallen sharply from its 2023โ€“2024 peak but remains high, so peso prices move quickly.
  • Energy and mining: Vaca Muerta shale and lithium projects are growing fast and attracting investment.

Energy

Natural gas is Argentina's main energy source and produces most of its electricity, with hydro, nuclear and wind. Vaca Muerta shale has turned Argentina into a growing oil and gas exporter.

What it means for your supply chain

  • Price contracts in US dollars and review payment terms; check current import rules before ordering.
  • Argentina is a source of grains, soy products, beef, wine and lithium.
  • Mercosur tariffs apply; Brazil is the main market for Argentine manufactured goods.

Argentina in the Supplier Hub

3 companies in the Supplier Hub are listed under Argentina.

See all 3 in the Hub

Sources

Figures are the latest published at the time of the update and may since have been revised. This page is for general information, not investment or legal advice.