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Buenos Aires is the pillar of Argentina’s economic power. Most of the population is concentrated in the capital as most of the industrial and financial companies’ headquarters. The three most relevant sectors of its economy are:
Taking into account the importance of Argentina within the Latin-American region, Export from the US to Buenos Aires and the specific political and economical influence of Buenos Aires with respect to Argentina’s foreign trade, this city is thus vitally important, focusing much of the country’s $140 billion in foreign trade, including imports/exports.
The integration of Argentina into Mercosur and its ties with Europe, main trading partner with the US, provide added incentive to export from the US to Buenos Aires - especially as the EU represents 18 percent of Argentina’s total imports.