We are able to offer air freight and sea freight shipping to Argentina. To both commercial and personal customers, serving all major airports and ports at very competitive rates.
Groupage LCL quote to Buenos Aires ports. Shipping from our warehouse (Feltham TW14):
Please email us the collection post code, weight and type of container (20ft or 40ft) to: [email protected] and we will come back to you with a competitive price within 24 hours, or complete the online form on this page.
Argentina is the world’s 25th largest economy and the second largest in South America.
Over 100 UK companies operate in Argentina. This includes over 30 FTSE 100companies such as BT, GSK, HSBC and Unilever. There is a range of small and medium sized UK companies in Argentina.
Benefits for UK businesses exporting to Argentina:
Strengths of the Argentine market include:
There are some unique challenges that UK companies may face when doing business in Argentina. These include:
Argentina grew at an average rate of 4.6% between 2004 and 2014. Since then, growth has slowed and some economists predict a light recession for 2016 caused both by domestic as well as international issues. The downturn in the Brazilian economy will be one of the main factors as Brazil is Argentina’s largest export destination.
Despite these challenges, Argentina has a natural resource base with high growth potential:
In 2015, Argentina was the UK’s fourth largest export market in South America. UK exports of goods were worth £289 million. This figure has fallen in recent years due to import restrictions and the slowdown in the Argentine economy.
Top 10 UK exports to Argentina are:
Department for International Trade (DIT) provides free international export sales leads from its worldwide network. Search for export opportunities.
Argentina has the highest English language proficiency in Latin America. English is mandatory at state schools in the City of Buenos Aires and the Province of Buenos Aires. Many private schools are bilingual and attract many middle class students.
4.9 million netbooks have been given to children through the government programme ‘Conectar Igualdad’.
There is demand for:
Argentina is one of the greatest food producing and food exporting countries of the world. It has 36 million hectares of arable and permanent cropland. Agriculture production and the food and drink industry make up 16% of Gross Domestic Product (GDP). 70 to 95% of Argentina’s export earnings are traditionally supplied from agriculture and farming.
There is demand for:
Argentina has one of the highest doctor to population ratios in Latin America (3.8 per 1,000 inhabitants). The Argentine healthcare system is split into 3 distinct markets:
Argentina is the second largest market in Latin America for medical devices. However, only 25% of the equipment is manufactured locally. There is demand for:
Argentina is one of the top 3 countries in the world for reserves of shale oil and gas. It is estimated that 27 billion barrels of shale oil and 800 trillion cubic feet of shale gas are recoverable.
There will be demand for new equipment and specialist services as the sector develops. These include:
Argentina has more than 1000 museums, some already world class. Most of these are owned by federal or provincial governments.
There are opportunities for UK companies in:
Argentina is an early adopter of ‘big data’ and other sophisticated technologies. It has the highest number of mobile phones per capita in the Americas and higher also than the UK. Its fibre-optic broadband network will increase by 300% by end 2015.
UK companies will have opportunities to:
With public security rising up the political, corporate and domestic agendas, the market is expected to grow stronger. Drugs production and trafficking is on the increase, as is organised and common crime.
Given Argentina’s relatively large and well established manufacturing capability, the main opportunities are in:
There are specific opportunities in:
The Export Control Organisation (ECO) issues licences for the export of strategic goods. You must check that your goods meet the legal requirements for export.
Opportunities in the mining sector are increasing in Argentina due to:
Argentina has 10 projects totalling USD 10 billion in investments likely to move into their construction phase in the next 12 months. Most of these are for hard rock mining for metals, mainly copper and gold.
Argentina has a relatively large and well established manufacturing capability in this sector so the main opportunities are in:
UK companies might wish to consider partial local manufacturing to reduce transport and other costs.
You can start operations in Argentina through a local agent or by setting up your own company. This company may take different legal forms:
The advantages and disadvantages of each will depend on your operation. Setting up a company is normally straight forward and can be done within one month.
To help speed up the start-up process and minimise delays in finding and contracting office space, you can use the postal address of a local law firm.
In Argentina, you can write into contracts that disputes can be handled in a non-argentine court. This helps give confidence that decisions will be neutral.
The most common choices are:
In the last 10 years there have been problems in enforcing sentences given by foreign courts against state-owned companies or the Argentine government.
Court proceedings in Argentina can be expensive and take years to complete.
UK companies entering into agreements in Argentina should contact the Department for International Trade (DIT) team in Argentina for a list of lawyers offering professional advice.
You should patent your inventions and register trademarks in Argentina. Applications can be made through a patent or trademarks agent in either the UK or Argentina. Problems with patents and trademarks can sometimes occur.
Argentine tax laws are complex and change often. You should seek professional advice if you are opening a subsidiary or exporting services.
Some payments may be withheld in lieu of taxes when exporting goods. You can usually deduct this from tax liabilities in the UK.
The UK has a double taxation agreement with Argentina. This allows some taxes paid in one country to be deducted in the other.
Argentine Customs use the Harmonised System (HS) for classification of goods. Import duties are based on the Cost, Insurance and Freight (CIF) value.
The new Argentine government implemented a new import regime on 23 December 2015 called SIMI.
The new regulations divide all customs codes into 2 categories: automatic import licences and non-automatic licences. Under the new import regime it’s expected that most licences will be granted unless there are issues around ‘dumping’.
The following are now excluded from the requirement of non-automatic licences:
The new regime will also include an informal quota system for some products such as cars and other vehicles.
There are restrictions on access to foreign currency to pay imports. Your representative in Argentina must get approval from the tax authorities first.
The European Union has compiled a list of trade barriers for Argentina.
You can find more about import tariffs in the Market Access Database.