Includes information on average tariff rates and types that U.S. firms should be aware of when exporting to the market.
The Harmonized Schedule (HS) is used to specify tariff classifications in Argentina. The HS is aligned with the World Trade Organization (WTO) Customs Classification Code. Argentina uses the MERCOSUR Common Nomenclature, known as the Nomenclatura Común del MERCOSUR (NCM), which is consistent with the U.S. Harmonized System for tariff classification.
Ad-valorem duties are assessed on the CIF (cost+insurance+freight) value of the imported merchandise at the Argentine port or airport of entry. In 2019, the average tariff rate was 22%. Specific duties are applied to certain products and are expressed in measurements of monetary terms per unit. A combination of both ad-valorem and specific duties (“mixed duties”) is used in some cases.