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
Trade Barriers
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When doing business in Argentina, U.S. companies may encounter key trade barriers that could affect their ability to operate in the market. These barriers include:

High Inflation and Currency Instability: Argentina has experienced a volatile economic environment for over two decades, characterized by persistent inflation and currency instability. These factors complicate the forecasting of costs and revenues, posing significant risks for businesses unfamiliar with markets subject to such volatility. Without adequate risk mitigation strategies, companies may face challenges in maintaining financial stability.

High Tax Burden: Argentina’s complex tax and import systems include elevated tariffs on specific categories of goods, which can substantially increase the cost of doing business. These high tariffs, which can be up to 35 percent, coupled with a challenging regulatory environment, can affect the competitiveness of foreign companies, especially when compared to domestic entities that may benefit from more favorable treatment or local support.

Labor Market Rigidity: The Argentine labor market is heavily regulated, with influential labor unions playing a key role in shaping wages, benefits, and working conditions. While these regulations protect workers, they can also result in higher operational costs and limited flexibility for employers. This can present challenges for companies attempting to adapt quickly to changing market conditions or business needs.

Corruption and Transparency Issues: Businesses may face irregular practices, corruption, and a lack of transparency. These issues, apart from creating an unpredictable business environment, could add both financial and reputational risks for companies operating in the country. In the latest Transparency International Corruption Perceptions Index (CPI), Argentina ranked 99 out of 180 countries in 2024.

Weak Intellectual Property Rights Protections: Argentina’s enforcement of intellectual property rights is inconsistent, which may discourage foreign direct investment, as companies may lose confidence in the legal framework. In 2024, Argentina ranked 76th out of 133 countries evaluated in the World Intellectual Property Organization’s Global Innovation Index (GII), falling three places in the ranking compared to 2023

 

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Global Business Navigator Chatbot Beta

Welcome to the Global Business Navigator, an artificial intelligence (AI) Chatbot from the International Trade Administration (ITA). This tool, currently in beta version testing, is designed to provide general information on the exporting process and the resources available to assist new and experienced U.S. exporters. The Chatbot, developed using Microsoft’s Azure AI services, is trained on ITA’s export-related content and aims to quickly get users the information they need. The Chatbot is intended to make the benefits of exporting more accessible by understanding non-expert language, idiomatic expressions, and foreign languages.

Limitations

As a beta product, the Chatbot is currently being tested and its responses may occasionally produce inaccurate or incomplete information. The Chatbot is trained to decline out of scope or inappropriate requests. The Chatbot’s knowledge is limited to the public information on the Export Solutions web pages of Trade.gov, which covers a wide range of topics on exporting. While it cannot provide responses specific to a company’s product or a specific foreign market, its reference pages will guide you to other relevant government resources and market research. Always double-check the Chatbot’s responses using the provided references or by visiting the Export Solutions web pages on Trade.gov. Do not use its responses as legal or professional advice. Inaccurate advice from the Chatbot would not be a defense to violating any export rules or regulations.

Privacy

The Chatbot does not collect information about users and does not use the contents of users’ chat history to learn new information. All feedback is anonymous. Please do not enter personally identifiable information (PII), sensitive, or proprietary information into the Chatbot. Your conversations will not be connected to other interactions or accounts with ITA. Conversations with the Chatbot may be reviewed to help ITA improve the tool and address harmful, illegal, or otherwise inappropriate questions.

Translation

The Chatbot supports a wide range of languages. Because the Chatbot is trained in English and responses are translated, you should verify the translation. For example, the Chatbot may have difficulty with acronyms, abbreviations, and nuances in a language other than English.

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