Argentina is a country in South America that has
approximately 40 million inhabitants. It presents one of
the best social indicators in Latin America. It is the
second largest economy in South America, surpassed only
by the Brazilian economy. The country is one of the most
important in MERCOSUR, comprising of Brazil, Argentina,
Uruguay and Paraguay.
The Argentine productive sector is mainly composed of
activities related to agricultural and livestock
production. In the latter, the country is among the
largest producers in the world. Argentina is a major
producer of beef and meat products and wool. In
agriculture, the country stands out in the production of
several cereals and olive oils, with greater evidence
for wheat, the main product.
The country has a high fishing potential, which is not
fully exploited, however, this sector stands out in the
production of hake and squid. The mineral potential is
still not being explored effectively, given that there
are important deposits of oil, coal, natural gas and
various metals in the Argentine subsoil.
Another activity linked to agriculture that has been
growing significantly is the production of
wine. Currently, the country occupies the fifth place in
the world production of this product. The factors that
favored the activity are: temperate subtropical climate,
soil and huge domestic consumer market.
The Argentine industrial park is mainly concentrated in
the metropolitan region of Buenos Aires. In this sector
of the economy, the biggest highlight is for the
packaging and food products industry, in addition to the
manufacture of fabrics and automobiles. With the
implementation of MERCOSUR, starting in 1991, the
country registered a great growth in its economy, even
with crises, such as what happened in the beginning of
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Argentina, including its state flag, official
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abbreviation for Argentina.