The international trade position of Argentina: towards a process of export diversification?

In: CEPAL review, Issue 110, p. 151-174

Abstract

This study analyses how far the strong expansion of Argentine exports since. - 2003 has been due simply to favourable external conditions and how industrial. - manufactures have behaved. It finds that the country's pattern of international. - specialization has not greatly altered at the major category level, but that both. - primary products and manufactures of agricultural origin, which account for much of. - the trade surplus, have undergone significant changes in composition. In addition,. - regional trade has consolidated and traditional partners such as the European Union. - and the United States have been displaced to some extent by China. Industrial. - manufactures have continued to suffer from a strong comparative disadvantage,. - but certain high-technology industrial sectors, such as agricultural machinery and. - pumps and compressors, have started to become competitive, while seamless oil. - and gas tubing is already highly competitive. (CEPAL/GIGA)