Argentina Exporter Guide 2010
Imports of consumer oriented food and beverages (F&B) in 2011 are expected to continue to increase to approximately $1 billion because of strong domestic demand. Government policies which encourage expenditure and consumption, plus high inflation and a relatively stable exchange rate are expected to result in larger imports. However, the government is expected to monitor closely imports as a means of trying to maintain a surplus trade balance and provide some protection to local processors.
Post anticipates that the F&B import market will continue to be strong in products which Argentina does not produce or its supply is limited, and imports of gourmet-type products will be targeted primarily to the higher income segment.
Best prospects are in products of well-known brands (confectionery products, sauces, snacks, almonds, beer, etc.), food ingredients (for functional foods, for the beverage industry, etc.) and commodity-type products which are not produced domestically (e.g. palm hearts, tuna fish, bananas, coffee, cocoa, etc.) Argentina’s development of new products for the domestic and export markets provides good opportunities for imports of new food ingredients. In addition, products with high potential are those that add health benefits and provide convenience, such as snack bars, meal replacement foods, soups, baby food, spreads, etc. Diet and light products are also very popular.