Argentina Country Commercial Guide
Learn about the market conditions, opportunities, regulations, and business conditions in argentina, prepared by at U.S. Embassies worldwide by Commerce Department, State Department and other U.S. agencies’ professionals
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Energy 

Argentina’s shale gas and oil development in the Neuquén Basin, particularly in Vaca Muerta, is expected to continue to drive long-term investment, with potential offshore exploration opportunities arising in the medium to long term. The country is also increasingly focusing on renewable energy sources, especially wind and solar power, aiming to achieve net zero emissions by 2050. Government incentives such as tax benefits and feed-in tariffs have attracted investment in the sector, leading to the development of numerous wind and solar projects by both domestic and international companies. The renewable energy sector presents significant growth opportunities, driven by abundant natural resources, supportive policies, and increasing global demand for clean energy solutions.

Mining 

Argentina features an ambitious mining plan aimed at increasing exports over the next decade, particularily in copper, lithium, gold, and silver. Argentina’s mining sector is governed by a reliable legal and tax framework and features incentives for continued development of the industry.

Infrastructure/Construction: The government continues to explore ways to fund much needed critical infrastructure projects while elevated country risk and scarce access to financing have put several projects on hold,. The government of Argentina has identified priority projects which include the construction of pipelines for hydrocarbon transport, railway modernization, and the expansion of existing power transmission lines, as well as mining sector related logistics infrastructure. The administration’s priorities for privatization include the management of social housing, ports, roads, rail, and waterworks. Expected tenders which present opportunities for U.S. companies include upgrading and modernizing the “Hidrovía” riverway, constructing of pipelines for hydrocarbons, modernizing railways, expanding power transmission lines, and building logistics infrastructure to connect remote mining operations.

Agricultural Technology and Machinery 

Agriculture is key to the success of the Argentine economy. High international commodity prices, government plans to boost agricultural exports, and strong international demand point to an increase in production, exports, and investment in the sector.

ICT and Cybersecurity   

The Government of Argentina recently announced the launch of a new National Critical Communications Infrastructure Plan with resources from the Universal Service Fund, granting subsidized loans and providing materials and/or software to update last-mile networks, improve interconnection, and deploy connectivity infrastructure. The central motivation of the plan is to accelerate access to both fixed and mobile ICT services and improve coverage in urban and rural areas. It also aims to meet future capacity demands necessary for the development of artificial intelligence and regional data centers. It establishes three specific guidelines for the programs to be developed: mobile access networks in areas without coverage, a neutral wholesale network, and financing and support for ICT service providers.

Fintech 

Argentina’s fintech sector has been expanding rapidly, with startups and established companies offering innovative solutions for digital payments, lending, investment, and financial management. The sector has attracted significant investment, driven by high mobile penetration rates, increasing demand for digital financial services, and supportive government policies. Key growth areas include mobile payments, digital banking, peer-to-peer lending, and cryptocurrency. The fintech sector has the potential to drive financial inclusion, improve access to credit, and enhance the efficiency of financial transactions.

E-commerce

Argentina’s e-commerce market has seen significant growth, driven by increasing internet and smartphone adoption, and changing consumer preferences. The COVID-19 pandemic accelerated the shift toward online shopping. Major players include MercadoLibre, Amazon, and Alibaba. The sector presents growth opportunities, particularly in mobile commerce, digital payments, and logistics services.

Healthcare Technology

Argentina’s healthcare expenditures are among the highest in the region, accounting for approximately 9.5 percent of its GDP in 2023. The Argentine medical equipment and device market is mostly dominated by imports, which account for around 65 to 80 percent of the total market. The United States is traditionally a leading supplier of imported medical products and leads the market in high-end technology exports. This market will continue to present growth opportunities.  The Government of Argentina’s health agenda is focused on improving primary healthcare, controlling communicable and immuno-preventable diseases, expanding accessibility, containing costs, and gaining efficiency.

 

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