{"id":4743,"date":"2020-04-14T10:10:19","date_gmt":"2020-04-14T09:10:19","guid":{"rendered":"https:\/\/www.bleachglobal.com\/blog\/?p=4743"},"modified":"2020-03-26T14:33:14","modified_gmt":"2020-03-26T14:33:14","slug":"3-top-tips-for-doing-business-with-argentina","status":"publish","type":"post","link":"https:\/\/www.bleachglobal.com\/blog\/en\/tips-en\/3-top-tips-for-doing-business-with-argentina\/","title":{"rendered":"| 3 Top Tips for Doing Business with Argentina |"},"content":{"rendered":"

With a population of 44.7 million and a GDP of USD 518.4 billion (2018), Argentina is one of the most relevant economies in South America, the third-largest economy in Latin America and the 21st in the world.<\/h2>\n

The main city in Argentina is Buenos Aires (with about 18 million inhabitants), whose region is the most industrialized in the country.<\/h3>\n

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1 \u2013 Discover the Argentine market<\/h2>\n

Argentina’s trade balance has recovered in recent months, despite remaining below market expectations.<\/p>\n

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\"2016-2020_argentina-balance-of-trade\"

Argentina\u2019s Balance of Trade \u2013 2016-2020<\/p><\/div>\n

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In fact, imports dropped 16.1% in relation to the previous year, to USD 3534 million, which is mainly due to the decrease in the acquisition of intermediate goods. Among the main trading partners, imports lowered from the USA (-38.8%), China (-7.4%), Brazil (-10.9%), Germany (-31.5%) and Chile (-12.8%).<\/p>\n

Exports decreased by 0.8%, to USD 4549 million, with sales of agricultural products falling (-6.4%); industrial products (-9.3%); and fuels and lubricants (-11.1%). The highlight was the drop in exports to the USA (-27.2%), Chile (-8.4%), Brazil (-0.4%) and Germany (-10.5%).<\/p>\n

These are just a few indicators, for more in-depth knowledge, the ideal is to conduct a market study aimed at the business area you need.<\/p>\n

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2 \u2013 Make a good first impression<\/h2>\n

Key elements in the approach to the management of Argentine companies are position, dignity and personal style.<\/p>\n

In this market, respect for the hierarchical structure and the distant relationship between senior management and their subordinates remains important.<\/p>\n

In a business context, the boss or manager has a status considered important in the workplace.<\/p>\n

First impressions are important. Start with a simple nod and a handshake. Communicate directly and politely.<\/p>\n

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3 \u2013 Build strong relationships<\/h2>\n

\"PhotoCreating bonds of trust is crucial to establishing strong business relationships. Although this is one of the countries in Latin America where personal life is separated from the work environment, it is important to maintain a personal touch.<\/p>\n

Work meetings should be business-oriented, reserving breaks for other topics, such as culture, history or football. In your routine, keep in regular contact with your Argentine interlocutors, closely following the progress of the work.<\/p>\n

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Do you want to expand your company by participating in significant international events?<\/h4>\n

We’ll take care of everything for you!<\/h4>\n

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Determined to break boundaries, Bleach Global is a multinational company of exhibitions stand design and construction, with physical operations in Portugal (headquarters), Argentina, Chile, Brazil, UAE, India, USA, Mexico, China, Japan and Russia.<\/h4>\n

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