Argentina - Market ChallengesArgentina-market-challenges
Following years of economic mismanagement, which resulted in a macroeconomic instability, high inflation and a currency crisis that have forced the Argentine government, businesses and consumers to cut back on spending. The economy is in recession, which is expected to continue in 2019 and 2020.
Importers must still request Non-Automatic Import Licenses (NALs) on over 10,500 12-digit tariff lines, mainly in the consumer goods sectors. Other business challenges include deep-rooted corruption in certain sectors, a lack of regulatory coherence, weak intellectual property rights protection, inefficient customs and legal processes, poor infrastructure, costly labor, and the limited availability of financing. Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.
Importers must still request Non-Automatic Import Licenses (NALs) on over 10,500 12-digit tariff lines, mainly in the consumer goods sectors. Other business challenges include deep-rooted corruption in certain sectors, a lack of regulatory coherence, weak intellectual property rights protection, inefficient customs and legal processes, poor infrastructure, costly labor, and the limited availability of financing. Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.