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Economy and Trade
Primary Industry |
in Argentina | Manufacturing
| Transport | Communications
Argentina is rich in natural
resources with a geological and climatic situation particularly suitable for
developing forestry, agriculture, mining and fisheries. It also boasts of large
petroleum, gas and uranium reserves.
Agriculture: Argentina is famous
for its agricultural production. With over 54 million head of cattle,
Argentina’s beef is renowned around the world. Annual production of cereals
and oilseeds exceeds 70 million tonnes, which makes Argentina one of the main
exporters of these products and their derivatives. One of the country's largest
sheep grazing regions, which is also one of the largest regions for growing
fruit and vegetables, is found in Patagonia, in the south. The typical farms
associated with this production are surprisingly similar to those found in
Mendoza on the western border is
the centre of wine production. Argentina is the worlds fifth-largest producer of
wine. Most Argentineans drink wine with every meal, a traditional custom
introduced by the European immigration. Exports are continually growing,
Mining: The Andean Mountains
provide Argentina with rich mineral deposits. Some of the minerals which are
being mined at present are, copper, tin, lead, zinc, gold, silver, and uranium.
The main exploitation of copper and gold, Minera de la Alumbrera, in the
Province of Catamarca, is an Australian venture.
Gas and Oil: are important
resources being increasingly exported to the neighbouring countries and to the
world market. Together with mining products they make out for 15% of total
The industrial sector includes
manufacturing and construction. Among Argentina’s manufactured goods are
processed food, textiles, clothing, metallic and non-metallic mineral products,
wood products, paper, pharmaceutical products, chemicals and petrochemical
products, aluminium, steel, cars, electrical machinery and appliances, machine
tools, turbines, cranes, agriculture machinery, and space and nuclear products.
Construction, engineering and
consultancy activities have developed to an important stage, extending to the
Latin-American market and other countries.
Land: Public transport includes
buses, railways and subways. Most of Argentina's goods are transported by truck
although railways are becoming increasingly important in the transportation of
Air: The most widely-known
national airline is Aerolineas Argentinas which has been operating for more than
60 years. It covers nearly all the domestic routes and has also an important
continental and inter-continental network. There are also other private airlines
that have been growing in recent years. Aerolineas Argentinas offers three direct flights a week between Sydney and
Buenos Aires, with a short stopover in Auckland, New Zealand.
Water: There are numerous coastal
and international ocean and river companies that offer freight or passenger
transport. Several Ocean Lines serve the route between Australian and
Postal and telecommunications
services are run by private enterprises which have been operating in free
competition since the beginning of 2000. The first post office opened in 1814.
Satellite tracking stations and digital technology provide domestic and
international telephone communications linked to every country in the world.
There are about 40 television stations and 200 radio stations in Argentina.
exports, which reached 30 billion $US in 2003, are composed of 24% primary agricultural commodities, 13% fuels and
minerals, 36% processed agricultural products and foodstuffs, and 27% industrial products.