Are you looking for information about the current situation of the country regarding exports? Do you want to export what you manufacture to the world and you don’t know how to do it or where to start?
Don’t worry! In this article we are going to tell you the most important things you need to know in order to get started in the world of exports and we will reveal the necessary tips that you cannot ignore if you want to embark on this world of international trade.
What you should know about Argentine exports
Pay attention to the following points to start selling your products worldwide easily!
Argentina’s exports during the last years
Historically, Argentina is a producer of different foods, seeds, various products and the amount of tons of different productions has been increasing over time.
In the following graph obtained from Indec (National Direction of Statistics of the External Sector), you can see in green color how over the last years the export tons expressed in millions of dollars has been increasing, with the exception of this year, where the coronavirus pandemic left its mark, although it is estimated that during the next months this activity will rebound.
Especially in September of this year, exports reached 4,711 million dollars, which reflects a notorious rebound from the crisis that affected the world. Trade exchange (exports plus imports) decreased 9.3%, compared to the same period of 2019, and reached a value of 8,838 million dollars.
During 2020, the export products that stood out the most with respect to their demand and sales were soybean oil extraction pellet meal (US$710 million); corn grain (US$491 million); soybean oil itself (US$344 million); vehicles for transporting goods, (US$312 million); boneless and frozen beef (US$166 million).
Also noteworthy are gold for non-monetary use, unwrought forms of gold alloy or gold bullion (US$136 million); biodiesel (US$117 million); crude petroleum oils (US$116 million); the highly prized shelled peanuts (US$83 million); shrimp, prawns and other mollusks (US$83 million).
Main products exported by Argentina
Argentina is undoubtedly one of the countries with great activity in exporting products to the whole world. In this sense, this country generates an enormous amount of raw materials and manufactured products that are sold month after month to other parts of the world to supply different products.
The main products exported from Argentina to the world are soybean meal, motor vehicles and cargo vehicles, corn, soybeans and soybean oil. Yerba mate and chickpeas are also added to the list, heading the top 10 of products that reach the world in large volumes with excellent production quality.
On the other hand, wheat, various cereals, boneless beef, wine, whole milk powder, tobacco, chicken meat and citrus fruits such as lemon, lime and orange.
Argentina exports this wide variety of products to countries such as the United States, France, the Netherlands, Malaysia, Indonesia, Brazil, Canada and Australia, among others.
Argentina’s main export products
As is known worldwide, Argentina is a major producer of important products, such as dairy products, meat products, citrus fruits, wines, cereals, yerba mate and oilseeds, such as soybeans and chickpeas.
Soybean is one of the first products marketed by Argentina abroad, with a significant marketing reach in Southeast Asian countries, including the European Union, Malaysia, the Philippines, Egypt, Cambodia, Singapore, Thailand and Indonesia.
It is important to highlight that most of the meat production is exported to the United States , a country that demands many tons per year.
Also, a great variety of fruits and spices for human consumption such as: pears, apples, peaches, plums, garlic, onion, chia seeds, amaranth seeds, quinoa, honey, sugar, peanuts, flavored teas with diverse aromas, tomatoes and other derivatives.
Argentina is recognized worldwide for its attractive vineyards, which place it as the largest producer of high quality wines in Latin America, ranking fifth in the world.
Another important item exported by Argentina is biodiesel, the main producer in America that uses its produced resource par excellence, which is soybean oil as a base, which is rescued in the production of almost 90 % in the composition of this bio alcohol.
Main exporting companies
The Ministry of Foreign Affairs, International Trade and Worship has a database of exporting companies, registered and open for free consultation.
It is a wide directory of exporters that you can consult from this link and thus obtain the necessary information regarding different producers and traders of national products.
Government’s Exporta Simple Program
The Argentine government has made available a program for exporters that aims to simplify this process through a fast and agile online system.
It is a platform that facilitates all the logistics to ship products to any country in the world without complications. In order to apply and make use of this benefit, you do not need to register as an exporter, nor do you need to do any additional paperwork. It is very simple!
The first thing you must do is to access this website and follow four simple steps to reach the world with the products you offer and market:
- Upload your products to the website: Complete the information of the merchandise you want to export and calculate the shipping cost.
- Quote the operation: Compare the offers of the different operators qualified and certified by Customs to be able to carry out the operation.
- Choose an operator among all the options: Selecting the one that suits you best according to cost and shipping time that each one provides, so you can choose the one that suits you best.
- Export: The operator you have chosen will pick up the merchandise or production at the place you indicate to take it to the destination country. It is easy, agile and fast!
Remember that you should always consult all the details with a customs broker, who will advise and guide you throughout the export process, which in Argentina has some limitations that a trader or producer cannot solve alone to be able to export.
What products can be exported?
The export rule is quite simple: the products must be goods produced in Argentina, not subject to a ban, suspension or export quota.
It is also possible to export products already imported, but without receiving the benefit of the export refund that every exporter has at its disposal. Apart from this, any product generated in the country is exportable.
Export benefits: the drawback
It is the total or partial refund of the taxes that you have to pay in the different stages of production and commercialization of the merchandise that you want to export. The calculation is made on the FOB value of the goods you are exporting.
The Afip returns in pesos to your bank account, through the CBU you have indicated for such purpose, the amount of refunds obtained.
This is both for formal operations and for programs such as Exporta Simple.