APPENDIX TABLES 
 Argentina WT/TPR/S/277/Rev.1
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  Table AI.1 
National Government finances (cash basis), 2006-2012 
(% of current GDP)  
 
2006 2007 2008 2009 2010 2011 2012 
(June) 
(1) Current income 24.2 20.2 21.2 22.7 24.3 23.6 22.7 
Tax revenue 19.0 13.5 14.4 13.1 14.3 14.3 13.1 
Social security contributions 3.9 5.5 5.3 6.7 7.0 7.3 6.9 
Non-tax revenue 0.6 0.5 0.5 0.5 0.5 0.6 0.7 
Government sales of goods and services 0.1 0.1 0.1 0.1 0.1 0.1 0.1 
Property income 0.5 0.5 0.8 1.4 2.2 1.3 1.9 
Current transfers 0.1 0.1 0.1 0.9 0.1 0.0 0.1 
Other income 0.0 0.0 0.0 0.0 0.1 0.1 0.0 
Operating surplus of public enterprises 0.0 0.0 0.1 0.0 0.0 0.0 0.0 
(2) Current expenditure 19.9 16.6 17.5 20.2 20.9 22.4 21.3 
Consumption and operating expenditure 2.9 3.1 3.2 4.0 4.4 4.4 4.3 
Wages 2.2 2.3 2.4 2.9 3.3 3.3 3.2 
Goods and services 0.7 0.8 0.8 1.0 1.1 1.1 1.1 
Other expenditure 0.0 0.0 0.0 0.0 0.0 0.0 0.0 
Property income 1.8 2.0 1.7 2.1 1.5 1.9 1.7 
Interest 1.8 2.0 1.7 2.1 1.5 1.9 1.7 
Interest in local currency 0.6 0.7 0.6 1.0 0.7 0.8 1.0 
Interest in foreign currency 1.2 1.3 1.1 1.2 0.8 1.1 0.7 
Other income 0.0 0.0 0.0 0.0 0.0 0.0 0.0 
Social security benefits 4.9 6.2 6.3 7.3 7.4 8.0 8.4 
Other current expenditure 0.0 0.1 0.2 0.2 0.4 0.6 0.7 
Current transfers 10.2 5.1 6.0 6.5 7.1 7.3 6.1 
Private sector 2.7 3.5 4.4 4.6 5.3 5.6 4.8 
Public sector 7.5 1.6 1.5 1.9 1.8 1.6 1.3 
Provinces and CABA 6.9 0.8 0.7 0.9 0.9 0.6 0.5 
Universities 0.6 0.6 0.7 0.8 0.8 0.9 0.8 
Other 0.0 0.1 0.1 0.1 0.1 0.1 0.1 
External sector 0.0 0.0 0.0 0.0 0.0 0.1 0.0 
Other expenditure 0.0 0.0 0.0 0.0 0.0 0.0 0.0 
Operating deficit of public enterprises 0.0 0.1 0.2 0.2 0.1 0.2 0.1 
(3) Economic result:  saving/dissaving (1-2) 4.2 3.6 3.6 2.5 3.4 1.2 1.4 
(4) Capital resources 0.0 0.0 0.1 0.0 0.0 0.0 0.0 
(5) Capital expenditure 2.5 2.4 2.3 3.1 3.2 2.9 2.7 
Real direct investment 0.8 0.9 1.0 1.4 1.2 1.3 1.3 
Capital transfers 1.5 1.2 1.1 1.7 1.9 1.5 1.4 
Provinces and CABA 1.1 0.9 0.8 1.4 1.5 1.3 1.1 
Other 0.3 0.3 0.3 0.3 0.4 0.3 0.3 
Financial investment 0.2 0.3 0.2 0.1 0.0 0.0 0.0 
(6) Revenue, excluding figurative (1+4) 24.2 20.2 21.2 22.7 24.3 23.6 22.7 
(7) Expenditure, excluding figurative (2+5) 22.4 19.1 19.8 23.3 24.1 25.3 24.0 
(8) Financial result, excluding figurative (6-7) 1.8 1.1 1.4 -0.6 0.2 -1.7 -1.3 
(9) Figurative contributions 3.8 4.3 4.9 5.2 6.1 6.5 7.1 
National Treasury 2.6 3.0 3.6 3.6 4.3 4.6 5.0 
Allocated resources  0.0 0.1 0.0 0.0 0.1 0.1 0.0 
Decentralized bodies 0.1 0.1 0.1 0.1 0.1 0.1 0.1 
Social security institutions 0.9 0.9 1.0 1.2 1.4 1.5 1.8 
PAMI, trust funds and other 0.2 0.1 0.1 0.2 0.2 0.2 0.1 
(10) Figurative expenditure 3.8 4.3 4.9 5.2 6.1 6.5 7.1 
(11) Revenue, including figurative 28.0 24.5 26.1 27.9 30.4 30.1 29.8 
(12) Primary expenditure, including figurative  24.4 21.3 23.0 26.4 28.6 29.8 29.4 
(13) Total primary surplus (11-12) 3.5 3.2 3.1 1.5 1.7 0.3 0.5 
(14) Primary surplus without privatization 3.5 3.2 3.1 1.5 1.7 0.3 0.5 
(15) Total expenditure, including figurative 26.2 23.3 24.7 28.5 30.2 31.8 31.1 
(16) Financial result (11-15) 1.8 1.1 1.4 -0.6 0.2 -1.7 -1.3 
(17) Financial result without privatization 1.8 1.1 1.4 -0.6 0.2 -1.7 -1.3 WT/TPR/S/277/Rev.1 Trade Policy Review
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2006 2007 2008 2009 2010 2011 2012 
(June) 
(18) Financial sources 18.6 21.0 22.1 22.0 23.5 23.7 13.5 
Decline in financial investment 8.6 10.2 13.1 10.0 13.9 14.0 3.4 
Public debt and increase in other liabilities 9.8 10.5 8.8 11.8 9.5 9.5 10.0 
Debt in local currency 5.1 6.0 5.8 7.5 6.0 6.4 7.0 
Debt in foreign currency 3.1 3.0 1.2 2.1 2.4 2.4 1.3 
Increase in other liabilities 1.7 1.6 1.7 2.2 1.1 0.7 1.3 
Figurative contributions for financial applications 0.2 0.2 0.2 0.2 0.2 0.1 0.1 
(19) Financial applications 20.4 22.1 23.5 21.4 23.7 22.0 12.2 
Financial investment 10.4 12.2 15.0 10.9 12.6 12.7 5.9 
Debt amortization and reduction of other liabilities  9.8 9.6 8.3 10.3 10.9 9.2 6.2 
Amortization in local currency 6.5 6.2 5.0 6.0 5.6 5.2 4.5 
Amortization in foreign currency 2.2 2.0 1.4 1.7 2.2 2.5 1.1 
Reduction of other liabilities 1.1 1.5 2.0 2. 5 3.2 1.6 0.6 
Figurative expenditure for financial applications 0.2 0.2 0.2 0.2 0.2 0.1 0.1 
Note: As figurative transactions are undertak en between State entities, an inflow for one  is an outflow for another or others. 
 When the fiscal statistics are presented on  a cash basis, they quantify the movement of funds independently of the fiscal year  to 
which they correspond.  When they are presented on an accruals  basis, the record-keeping crite rion reflects imputation in the 
corresponding fiscal year irrespective of when payment occurs. 
Source : MEFP.  Argentina WT/TPR/S/277/Rev.1
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  Table AI.2 
Tax revenue, 2006-2011 
(% of GDP)  
Heading 2006 2007 2008 2009 2010 2011 
I.  National taxes       
On income, profits and capital gains 5.31 5.44 5.30 4.97 5.44 5.98 
Natural persons 1.53 1.57 1.71 1.71 1.66 1.92 
On income/profits 1.52 1.56 1.70 1.70 1.65 1.92 
Winnings in games of chance and sporting contests 0.01 0.01 0.01 0.01 0.01 0.01 
Corporations and other enterprises 3.50 3.59 3.29 2.96 3.51 3.84 
On profits  3.33 3.43 3.20 2.85 3.40 3.77 
Presumed minimum profits  0.17 0.16 0.10 0.11 0.11 0.07 
On profits.  Foreign beneficiaries 0.29 0.28 0.30 0.30 0.26 0.22 
On property 2.14 2.22 2.26 2.19 2.26 2.33 
Recurrent taxes on net wealth 0.01 0.01 0.01 0.01 0.01 0.01 
Taxes on financial and capital transactions 1.81 1.90 1.93 1.83 1.90 2.01 
Property transfers 0.03 0.05 0.04 0.03 0.04 0.04 
Current account credits and debits 1.79 1.85 1.89 1.80 1.86 1.96 
Other recurrent property taxes  0.32 0.31 0.33 0.35 0.36 0.32 
Internal, on goods and services 9.05 9.42 9.43 9.44 9.98 10.15 
Value added tax  7.20 7.71 7.77 7.63 8.07 8.37 
Selective taxes  1.78 1.62 1.59 1.70 1.82 1.67 
Cigarettes 0.53 0.48 0.45 0.50 0.48 0.47 
Alcoholic beverages 0.01 0.01 0.01 0.01 0.02 0.02 
Beer 0.02 0.02 0.02 0.02 0.01 0.01 
Non-alcoholic beverages 0.04 0.04 0.04 0.04 0.03 0.03 
Liquid fuels and gas 1.00 0.92 0.94 1.01 1.06 0.98 
Electricity 0.07 0.07 0.05 0.05 0.04 0.03 
Other 0.10 0.09 0.07 0.07 0.17 0.12 
Taxes on specific services 0.07 0.08 0.07 0.10 0.10 0.10 
Telephony  0.04 0.05 0.05 0.07 0.06 0.06 
Other (insurance, other financial services) 0.03 0.03 0.03 0.03 0.03 0.03 
On trade and international transactions 3.07 3.41 4.39 3.49 3.98 3.76 
Import duties 0.79 0.86 0.87 0.67 0.79 0.80 
Customs duties 0.77 0.84 0.85 0.66 0.78 0.78 
Statistical import tax 0.02 0.02 0.02 0.02 0.02 0.02 
Export duties 2.25 2.52 3.49 2.80 3.16 2.94 
Exchange operations and other 0.04 0.03 0.03 0.02 0.03 0.03 
Other 0.21 0.14 0.15 0.28 0.17 0.20 
Non-tax related fiscal regularization 0.08 0.00 0.02 0.14 0.02 0.04 
Simplified regime for small taxpayers (tax) 0.13 0.13 0.13 0.14 0.15 0.16 
Social security contributions 3.78 4.51 5.09 6.74 7.10 7.45 
Employees 0.76 0.87 1.25 2.52 2.63 2.81 
Employers 2.71 2.95 3.14 3.53 3.79 4.10 
Self-employed 0.31 0.69 0.70 0.69 0.68 0.54 
Gross national tax revenue 23.57 25.13 26.63 27.10 28.93 29.87 
Deductions 0.30 0.24 0.28 0.21 0.21 0.25 
Export refunds 0.30 0.24 0.28 0.21 0.21 0.25 
Net national tax revenue 23.26 24.89 26.35 26.89 28.72 29.62 
II.  Provincial taxes       
On property 1.03 0.97 0.97 0.99 1.01 1.05 
Recurrent taxes on real estate 0.44 0.37 0.38 0.37 0.35 0.32 
Taxes on financial and capital transactions 0.34 0.36 0.34 0.34 0.40 0.46 
Other recurrent property taxes 0.24 0.24 0.24 0.28 0.25 0.27 
Internal, on goods and services 2.82 2.97 3.18 3.45 3.51 3.80 
General taxes on goods and services 2.82 2.97 3.18 3.45 3.51 3.80 
Other 0.32 0.28 0.26 0.19 0.24 0.16 
Provincial tax revenue  4.17 4.22 4.40 4.63 4.76 5.02 
Total gross revenue  27.74 29.35 31.03 31.73 33.69 34.89 
Total net revenue  27.44 29.11 30.75 31.51 33.48 34.63 
Source : National Bureau of Investigations and Fiscal Analysis (DNIAF), MEFP, based on data from AFIP, ANSES, the 
National Directorate for Fiscal Coordination with the Provinces (DNCFP), the National Budget Office, and other 
bodies. WT/TPR/S/277/Rev.1 Trade Policy Review
Page 212 
  
  Table AI.3 
Tax expenditure arising from economic promotion regimes, 2007-2012 
Tax expenditure 2007 2008 2009 2010 2011 2012a
Total (Arg$ million) 4,393.3 4, 293.7 4,376.5 7,866. 8 10,013.9 11,978.1 
 (Arg$ million) 
Industrial promotion (Decrees Nos. 2.054/92, 804/96, 
1.553/98 and 2.009/04) 569.1 560.8 517.5 593.3 661.9 769.2 
VAT exemption purchases and balance 551.2 547.3 505.8 577.3 648.6 762.1 
Profits tax exemption 17.9 13.5 11.7 16.0 13.3 7.1 
Non-industrial promotion (Law No. 22.021 and 
amendments thereto)  Profits tax exemption  13.7 0.6 2.0 2.5 2.5 2.5 
Mining activity promotion  (Law No. 24.196)  913.6 326.6 390.5 542.2 620.4 699.8 
Profits tax.  Various benefits 27.5 39.0 102.8 50.8 62.3 73.2 
Fiscal stability:  various ta xes 196.4 100.2 143. 5 237.8 291.5 342.6 
Import duty exemption 121.3 167.9 128.9 239.4 251.6 268.2 
Fiscal stability:  export duty exem ption  567.8 18.9 15.3 14.2 14.9 15.9 
Law No. 22.095.  VAT exemption 0.5 0.5 0.0 n/a n/a n/a 
Economic promotion of Tierra del Fuego 
(Law No. 19.640)  1,638.7 1,968.8 2,024.1 3,420.3 4,595.5 5,600.4 
VAT exemption purchases and sales  1,090.7 1,386.2 1,537.4 2,256.6 2,989.9 3,682.1 
Profits tax exemption 90.3 113.0 117.1 158.5 221.3 271.5 
Exemption from import duties on inputs 457.7 469.5 369.6 1,005.3 1,384.3 1,646.8 
Refunds on exports throug h Patagonian ports (Law 
No. 24.490) 42.1 20.1 8.7 1.6 0.0 0.0 
Refunds on sales of domestically manufactured capital 
goods (Decree No. 379/01)  Payment of national taxes with 
tax credit bonds  927.2 1,024.3 953.1 1,771.3 1,765.0 2,068.6 
Promotion of SMEs (Law No. 24.467) 128.0 115.9 160.7 160.2 201.7 182.6 
Profits tax deductions in respect of capital and risk fund 
contributions made by in participants in mutual guarantee societies 125.0 103.4 152.8 150.8 189.9 169.1 
Profits tax exemption for mutual guarant ee societies  0.5 7.8 3.4 1.0 1.2 1.4 
VAT exemption on income of mutual guarantee societies 2.5 4.7 4.5 8.4 10.5 12.1 
Regime for the promotion and encouragement of 
scientific and technologica l research and development 
(Law No. 23.877)  Payment of profits tax with tax credit 
certificates  40.0 40.0 40.0 45.0 45.0 60.0 
Regime for the promotion of technical education 
(Law No. 22.317)  Payment of any national tax with tax 
credit certificates  28.0 48.0 70.5 83.0 98.0 168.0 
Cultivated forests investment regime (Law No. 25.080) 7.2 12.6 10.2 11.3 13.7 14.4 
Exemption from presumed minimum profits tax 1.3 6.4 3.3 1.8 3.0 3.0 
Fiscal stability.  Export duty ex emption 1.2 2.1 2.1 3.1 3.7 4.4 
Fiscal stability.  Exemption from current account credits 
and debits tax 4.7 4.1 4.8 6.4 7.0 7.0 
Software industry promotion regime (Law No. 25.922) 77.5 168.9 187.1 250.5 315.4 397.2 
Tax credit bond amounting to 70% of employers' social 
security contributions for the payment of national taxes 41.1 74.5 82.4 100.5 126.4 159.1 
60% reduction of profits tax  36.3 94.4 104.7 150.0 189.0 238.1 
Regime for the importation of  inputs and parts for the 
construction and/or repair of vessels and floating structures (Decree No. 1.010/04) 0.4 0.1 0.0 0.1 0.0 0.2 
National support programme for young entrepreneurs 
(Law No. 25.872)  Exemption from national taxes  7.0 7.0 12.0 12.0 12.0 12.0 
Regime for the production and sustainable use of biofuels 
(Law No. 26.093) .. .. .. 973.5 1,682.9 1,923.4 
Fuel tax exemption (Law No. 23.966) .. .. .. 565.6 996.0 1,138.9 
Diesel and LPG tax exemption (Law No. 26.422) .. .. .. 389.0 651.2 743.6 
Exemption from tax on naphthas and CNG 
(Law No. 26.181) ... .. .. 18.9 35.7 40.9 
Refunds on purchases of domestically manufactured 
auto parts (Decree No. 778/01) 1.0 0.0 0.0 n/a n/a n/a
Payment of national taxes with tax credit bonds  1.0 0.0 0.0 n/a n/a n/aArgentina WT/TPR/S/277/Rev.1
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  Tax expenditure 2007 2008 2009 2010 2011 2012a
Local investment incentive scheme for the manufacture of 
motorcycles and automotive parts (Law No. 26.457) n/a n/a n/a n/a n/a 0.6 
Reduction of import duties n/a n/a n/a n/a n/a 0.4 
Payment of national taxes with ta x credit bonds n/a n/a n/a n/a n/a 0.1 
Critical infrastructure projects (Law No. 26.422) n/a n/a n/a n/a n/a 79.2 
Exemption from import duties  n/a n/a n/a n/a n/a 79.2 
n/a Not applicable. 
.. Not available. 
a Estimate 
Source : Information on tax expenditu re from the Secretariat fo r Finance.  Viewed at:  http://www.mec on.gov.ar/sip.  WT/TPR/S/277/Rev.1 Trade Policy Review
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  Table AI.4 
Summary of the main foreign trade and exch ange regulations in force as at October 2012  
1.  Entry of funds on the local foreign exchange market 
1.a.  Merchandise exports earnings 
Exporters are required to convert their fore ign exchange export earnings on the foreign exchange market, with in a period that v aries 
according to the type of good shipped (Communication "A" 3. 473).  Decree No. 1.722/2011 of 25 October 2011, established the 
requirement to surrender and trade, on the foreign exchange mark et, all foreign exchange obtained  from exports by firms produci ng crude 
oil or petroleum products, natural gas and liquefied gas, and by firm s engaging in mining activities,  which previously had enjo yed 
specific exemptions. 
The deadlines for the conversion of foreign exchange earned from  merchandise exports are measured from the date on which the 
shipment in question is completed, as defined by MEFP Resolutions Nos. 142/201 2, 187/2012 and 231/2012 and complementary 
instruments.  The deadlines vary  according to the type of product, whether the tr ansactions were undertaken between related par ties, and 
the volume of exports registered by the exporter.  The MEFP c onsiders requests for special dead lines.  In addition, the BCRA ha s set a 
deadline of 15 business days measured from the date of disburseme nt of the funds abroad to complete conversion on the local exc hange 
market in the case of foreign exchange earned from merchandise exports that are covered by the requirement to surrender and con vert 
advances and loans for export pre-financing on the local exchange market (Communication "A" 5.300). 
Expenses in respect of services incurred abroad as shown on the cargo manifest (permiso de embarque),  and expenses not shown on the 
manifest that were incurred to facilitate the sale of the goods abroad, may be deducted, up to the equivalent of US$5,000 per m anifest and 
up to the equivalent of US$100,000 per calenda r year per exporter (Communication "A" 5.233). 
1.b.  Earnings from exports of services 
Exporters of services are required to c onvert, on the foreign exchange market, 100% of amounts effectively received in foreign exchange, 
net of withholdings or deductions made abroad by the recipien t of the services in question (Communications "A" 3.473 and "C" 39 .547).  
This requirement covers all exports of services provided by resi dents to non-residents.  Earni ngs obtained from services provid ed to 
non-residents must be converted within 15 bu siness days, counted from the date on which payment was received abroad or in Argen tina, 
or credited in accounts held abroad (Communication "A" 5.264). 
1.c.  Current income and transfers 
Income received by residents does not have to be surrendered and converted on the local  exchange market, except in the case of firms 
acquiring foreign assets in the form of dir ect investment financed wholly or partly by borrowing abroad, wh en the size of the i nvestment 
required prior authorization from the BCRA to gain access to the Unified Fr ee Foreign Exchange Market (MULC) 
(Communication "A" 4.634). 
The proceeds of the sale of foreign exchange  received by residents in respect of inco me must be deposited in a current account in the 
name of the client in a local fina ncial entity (Communication "A" 5.295). 
1.d.  Capital transactions 
Transactions involving borrowing abroad by the financial sector, the non-financial private sector and local governments must be  matched 
by foreign exchange sales in the MULC, unl ess they represent the capitalization of inte rest.  This includes  borrowing that invo lves the 
issuance of debt securities that fulfil th e conditions defined for consideration as external financial loans, including repo op erations, 
financial credit lines from abroad, and all other operations in which funds are disbursed by the creditor abroad giving rise to  financial 
borrowing from a non-resident, except in cases covered by the exception specified in Article 3 Decree No. 753/04, which annuls the 
requirement to surrender and convert forei gn exchange earnings obtained from mining activities on the foreign exchange market.  
Surrender and conversion on the foreign exchange  market may be done within 30 days from the date of disbursement of the funds;  and 
the proceeds of the foreign exchange sale must be deposited w ith a local financial institution in a current account in the name  of the 
customer entity (Communication "A" 5.265). 
New financial borrowing on the local foreign exchange market and th e rollover of debts abroad held by Argentine residents from the 
financial sector and the non-financial private sector, must be contracted and held for minimum of 365 calendar days 
(Communication "A" 5.264).  MEFP Resolution No. 280/09 waived this  minimum period in the case of debt owed to multilateral, 
bilateral and official lending agencies. 
Investment portfolios held by non-residents,  financial debts of the private sector and financial sector (except when intended f or 
productive investments or the creditor is an international organi zation, or both), and primary shar e issues by resident firms t hat are not 
publicly traded, must constitute non-interest-bearing deposits in US dollars repr esenting 30% of the equivalent in that currenc y of the 
total transaction for which the deposit is required,  pursuant to Decree No. 616/2005 of 9 June 2005. 
2.  Outflows of funds from the local exchange market 
Foreign currency sales:  Pursuant to Communication "A" 5.245 and co mplementary instruments, authorized foreign exchange dealers  
must consult and record all transactions involving the sale of foreign currency to be undertaken  with their clients that are co vered by the 
"Foreign-Exchange Operations Consultation Program" implemented by the AFIP through Ge neral Resolution No. 3.210/2011, which wil l 
indicate whether the transaction is consider ed "validated" or "subject to inconsiste ncies".  Originally, validation was only re quired for the 
sale of external assets without reference to a specific purpose.  As from 3 January 2012, the requirement is also extended to t he sale of 
foreign exchange to customers for "tourism and travel" purposes, except in the case of transfers abroad representing payment fo r 
consumer purchases made using credit cards, and in respect of wit hdrawals made from cash points ab road to be debited against lo cal 
accounts, sales permitted to non-residents a nd sales to tourism and travel agencies registered as such with the AFIP. Argentina WT/TPR/S/277/Rev.1
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  2.a.  Payments in respect of merchandise imports 
Communication "A" 5.060 and complementary instruments overhauled the regulations governing access to the local foreign exchange  
market for the payment of imports.  The requirements specified include the following:  (i) acce ss to the local foreign exchange  market is 
limited to the amount invoiced, as an agr eed purchase;  (ii) sales of foreign exchange for the payment of imports can only be m ade by 
cheque or debit to local accounts held by th e customer;  cash payments are not accepted;  (iii) advance payments must be made t o the 
foreign supplier or financial entity abroad, or  to the official lending agency that fi nanced the advance payment to the foreign  supplier;  
(iv) advance payments can only be made if the importer, at the time of access to the MULC, is not registered as being in arrear s in respect 
of the official registration ( oficialización ) of import clearance or, as the case may be, the re-entry of foreign currency in respect of 
transactions undertaken with access to the lo cal exchange market prior to  the recording of customs entry;  and (v) in cases of payment for 
goods imports that do not have a customs entry record, ther e must be an advance Swor n Statement of Importation ( Declaración Jurada 
Anticipada de Importación – DJAI), as provided by the AFIP in General Resolu tion No. 3.252/12 and complementary instruments, in a 
status of "exit", to process payments of "commercial debts or  amounts payable on demand against presentation of the shipping 
documentation", advance payments, and for posting "commercia l guarantees for merchandise imports by local entities" 
(Communication "A" 5.274). 
As from 1 July 2010 an import payments monitoring system (SEPAIMP O) has been implemented to ensure that import payments are 
matched by commercial transactions recorded in customs.  The SEPAIMPO enables the BCRA  to monitor the following:  (a) payments 
associated with official registration of im port clearance;  and (b) statement of entry into the country for goods that were par tially or 
wholly paid for prior to the date on which they were recorded as entering customs.  A new scheme for monitoring the official re gistration 
of import clearance has been implemented.  For each official registration, the importer notifies the AFIP of a financial entity  designated to 
monitor customs clearance and to transmit th e information to the BCRA.  Access to the foreign exchange market for each import 
clearance is controlled by this singl e entity designated by the importer. 
2.b.  Payment of services 
There is no restriction of any kind on payments abroad for serv ices provided by non-residents, of any type (freight, insurance,  royalties, 
technical advice, fees, etc.) (Communication "A" 3.826).  Argentin e residents may access the local exchange market to make tran sfers 
abroad to pay for services provided by non-residents on the terms and conditions agreed upon between the parties, pursuant to a pplicable 
legal regulations (freight, insurance, royalties, t echnical advice, fees, etc.) (Communication "A" 5295). 
Nonetheless Communication A" 5.261 establishe d that, as from 3 January 2012, prior va lidation would be required in the AFIP 
"Foreign-Exchange Operations Consultation Program " to process sa les of foreign exchange to customers for "tourism and travel" 
purposes through the local exchange market, except in the case of  transfers abroad representing the payment of consumer purchas es made 
using credit cards, and in respect of withdrawals made from cash points abroad to be debited ag ainst local accounts, sales perm itted to 
non-residents and sales to tourism and travel ag encies registered as such with the AFIP. 
Prior authorization from the BCRA is require d in the case of certain items, such as business, professional and technical servic es, royalties, 
patents and trademarks, among others, when th e beneficiary is a private individual or le gal entity directly or indirectly relat ed to the local 
debtor, or is a private individua l or legal entity resident in jurisdictions consid ered as "tax havens", or when the payment ab road is made 
to an account within such a jurisdiction.  In all cases, access to the local exchange market in respect of  the items specified must previously 
fulfil the mandatory registration of contracts curr ently in force nationally at the date of access. 
As from 6 July 2012, residents may access the local exchange mark et to purchase tickets in foreign currency, for "tourism and t ravel" 
purposes Communication "A" 5.339). Sales of foreign exchange to residents in re spect of services and income must be made with a cheque issued by the customer or b y debit 
to a current account held by the customer in a local fi nancial entity using one of the current means of payment 
(Communication "A" 5.330). 
2.c.  Income (interest and profits and dividends) 
Access to the MULC is allowed for the paym ent abroad of interest corresponding to outst anding debts or debts that are cancelled  
simultaneously with the interest payment, insofar as the foreign exchange regulation allows access to local exchange market for  the 
cancellation of the principal of that debt (Communication "A" 5.295). 
Access to the MULC is allowed for the purpose of making payments abroad of profits and dividends, to non-resident shareholders and 
holders of American Depositary Receipts (ADRs - a share traded in the United States representing a specific number of shares of  a 
company not incorporated in that country) and holders of Braz ilian Depositary Receipts (BDRs - certificates representing securi ties 
issued by companies headquartered abroad and issued by a depos itary institution in Brazil), provided they correspond to closed balances 
that are certified by external auditors pur suant to the formalities applicable to th e certification of the annual balance sheet  
(Communication "A" 5.295). 
2.d.  External financial debts 
According to the regulations published by Communication "A" 5.265, access to the local exchange market for the payment of princ ipal on 
external financial debts owed by the fina ncial sector and the non-financial private sector can be made:  (1) at any time 
within 30 calendar days prior to expiry, provi ded the minimum period of permanency is fu lfilled, as applicable;  (2) in advance  in periods 
longer than 30 calendar days, partially or totally, provided the minimum period of perm anency is fulfilled as applicable and pa yment is 
for the present value of the debt. 
Access to the foreign exchange market for the payment of principal on locally issued debt securities that are publicly traded o n 
self-regulated markets is permitted only if they were issued and subscribed in foreign currency, the funds will be used to fina nce 
infrastructure works in Argentina, and all of the other conditions specified in point 5 of Communication "A" 5.265 are fulfille d.  In the 
case of other locally issued securities, irrespective of the conditions of issuance,  the debtor may not access the local exchan ge market for 
purpose of making service payments. WT/TPR/S/277/Rev.1 Trade Policy Review
Page 216 
  
  Local banks may access the foreign exchange market without prior central bank authori zation, to meet their obligations with 
non-residents in relation to financial guarantees, when the tran saction being guaranteed has automatic access to the foreign ex change 
market or when the granting of the guarantee allows for the execution or maintenance of work, or some other type of commercial 
operation, abroad, which directly or indir ectly includes the provision of goods and/or services by Argentine residents related to the 
execution thereof, and provided the conditions defined in point 4 of Communication "A" 5.265 are fulfilled. 
Non-residents may access the MULC to purchase foreign exchange to be transferred abro ad, when the transac tions represent the 
repatriation of direct investments in the non-financial private sector and for debt se rvice or the sale of other portfolio inve stments (and 
their corresponding incomes), under the conditions established in each case and provided the beneficiary is not covered by the provisions 
of point I of Communication "A" 4.940, and the total amount doe s not exceed the equivalent of US$500,000 per calendar month 
per individual or legal entity, across all authorized foreign exchange dealers. 
Source : BCRA Communiqué No. 49.991 of 8 February 2012 ( Síntesis de las regulaciones vigentes al cierre del año 2011 
en materia de comercio exterior y cambios) [Summary of foreign trade and ex change regulations in force at 
end-2011]) and information provided by the BCRA. Argentina WT/TPR/S/277/Rev.1
 Page 217 
 
 
  Table AI.5 
Merchandise exports (f.o.b .) by product, 2006-2011 
(US$ million and %)  
Description 2006 2007 2008 2009 2010 2011 
Total (US$ million) 46,546 55, 780 70,019 55,672  68,187 83,950 
 (% of exports) 
Total primary products 65.4 66.4 66.1 64.5 63.0 63.7 
Agriculture 45.9 51.6 53.6 50.6 50.8 53.9 
Food 44.6 50.4 52.6 49.6 49.6 52.7 
0813  Oilcake and other solid residues (except dregs), whether or not 
ground or in the form of pellets, resulting from the extraction of 
fats or oils from oil-seeds, oleaginous fruits and germs of cereals 9.6 10.5 10.4 14.7 12.2 12.0 
2222  Soya beans 3.8 6.2 6.5 3.0 7.3 6.5 
4211  Soya bean oil and its fractions 6.0 7.9 7.0 5.9 6.1 6.2 
0449  Other maize, unmilled 2.6 3.9 4.9 2.7 4.5 5.3 
0412  Other wheat (including spelt) and meslin, unmilled 3.2 3.6 3.6 1.8 1.3 3.0 
4215  Sunflower seed or safflower oil and fractions thereof 1.5 1.1 2.2 1.3 0.8 1.4 
Agricultural raw materials 1.3 1.2 1.0 1.1 1.2 1.2 
2631 Cotton (other than linters), not carded or combed 0.0 0.0 0.0 0.0 0.1 0.3 
2687  Wool and fine or coarse animal hair, carded or combed 
(including combed wool in fragments) 0.3 0.2 0.2 0.2 0.2 0.2 
Mining 19.5 14.7 12.6 13.9 12.2 9.7 
Ores and other minerals 3.1 2.7 1.9 2.4 2.8 2.3 
2831 Copper ores and concentrates 2.9 2.4 1.6 2.0 2.2 1.7 
Non-ferrous metals 1.2 1.2 1.3 1.4 1.5 1.6 
6841 Aluminium and aluminium alloys, unwrought 0.8 0.8 0.9 0.8 0.9 0.8 
6811 Silver (including base metals  clad with silver), unwrought, 
unworked or semi-manufactured 0.0 0.0 0.1 0.3 0.3 0.5 
Fuels 15.3 10.9 9.4 10.2 7.9 5.9 
3330 Petroleum oils and oils obtained from bitu minous minerals, crude 5.2 2.3 2.3 4.4 3.8 2.6 
334 Petroleum products 6.2 5.9 4.5 2.9 2.3 1.7 
3421  Propane, liquefied 0.8 0.6 0.6 0.5 0.5 0.5 
3442 Gaseous hydrocarbons, liquefied, n.e.s. 0.3 0.3 0.4 0.3 0.3 0.4 
Manufactures 31.7 30.9 30.8 31.9 32.2 31.4 
Iron and steel 3.5 3.3 3.1 2.9 2.1 2.0 
6791 Tubes, pipes and hollow profiles, seamless, of iron or steel 2.3 2.2 2.0 1.8 1.3 1.3 
Chemicals 8.1 7.4 8.3 9.2 8.6 8.9 
5989 Chemical products and preparations, n.e.s. 0.1 0.3 1.3 1.7 1.9 2.6 
5429 Medicaments, n.e.s. 0.6 0.6 0.6 0.7 0.6 0.6 
5535 Pre-shave, shaving or aftershave preparations, personal 
deodorants, bath preparations, de pilatories and other perfumery, 
cosmetic or toilet preparations, n.e.s. 0.3 0.3 0.3 0.4 0.5 0.4 
Other semi-manufactures 4.9 4.5 3.6 3.6 3.8 3.2 
6114 Other bovine leather and equi ne leather, without hair on 
(other than leather of subgroup 611.8) 1.9 1.7 1.3 1.2 1.4 1.1 
6251 Tyres, pneumatic, new, of a kind used on motor cars 
(including station wagons and racing cars)  0.3 0.3 0.2 0.3 0.3 0.2 
6429 Articles of paper pulp, pape r, paperboard or cellulose 
wadding, n.e.s. 0.2 0.3 0.2 0.2 0.2 0.2 
Machinery and transport equipment 12.8 13.7 13.9 14.4 15.9 15.9 
Power-generating machinery 0.1 0.1 0.1 0.2 0.2 0.1 
Other non-electrical machinery 1.7 1.9 2.0 2.2 2.0 1.8 
Agricultural machinery and tractors 0.2 0.2 0.2 0.2 0.2 0.2 
Office machines and telecommunications  equipment 0.3 0.3 0.2 0.2 0.1 0.1 
Other electrical machinery 0.6 0.5 0.5 0.5 0.5 0.4 
Automotive products 9.0 9.8 9.5 9.8 11.8 12.0 
7812  Motor vehicles for the transport of persons, n.e.s. 3.1 3.9 4.0 5.0 5.8 5.6 
7821  Motor vehicles for the transport of goods 3.0 3.0 2.7 2.6 3.6 4.1 
7843  Other parts and accessories of the motor vehicles 
of groups 722, 781, 782 and 783 2.0 2.0 1.8 1.6 1.8 1.6 
7831  Motor vehicles for the transport of ten or more persons, 
including the driver 0.3 0.2 0.3 0.2 0.3 0.3 WT/TPR/S/277/Rev.1 Trade Policy Review
Page 218 
  
  Description 2006 2007 2008 2009 2010 2011 
Other transport equipment 1.2 1.1 1.6 1.5 1.3 1.5 
7924  Aeroplanes and other aircraft, mechanically-propelled (other than 
helicopters), of an unladen  weight exceeding 15,000 kg 0.5 0.6 1.1 1.1 0.9 1.0 
Textiles 0.5 0.4 0.4 0.4 0.4 0.4 
Articles of apparel and clothing acce ssories 0.2 0.2 0.2 0.2 0.1 0.1 
Other consumer goods 1.6 1.4 1.4 1.3 1.2 1.0 
Other 2.9 2.7 3.0 3.5 4.8 4.9 
Gold 1.2 1.0 1.0 1.9 3.0 2.8 
Source : WTO Secretariat estimates based on data from the Comtrade data base (SITC Rev.3).  Argentina WT/TPR/S/277/Rev.1
 Page 219 
 
 
  Table AI.6 
Merchandise imports (c.i.f.) by product, 2006-2011 
(US$ million and %)  
Description 2006 2007 2008 2009 2010 2011 
Total (US$ million) 34,154 44, 707 57,462 38,786  56,501 73,937 
 (% of imports) 
Total primary products 12.7 14.2 16.6 13.8 14.5 19.2 
Agriculture 4.1 5.0 5.6 5.0 3.8 3.5 
Food 2.6 3.7 4.6 3.8 2.7 2.4 
0573  Bananas (including plantains), fr esh or dried 0.2 0.2 0.2 0.3 0.2 0.2 
0122  Meat of swine, fresh, chilled or frozen 0.1 0. 1 0.1 0.1 0.2 0.2 
Agricultural raw materials 1.5 1.3 1.1 1.2 1.1 1.1 
2312  Natural rubber (other than latex) 0.2 0.2 0.2 0.2 0.2 0.2 
2321  Synthetic rubber and factice deri ved from oils, in primary forms 
or in plates, sheets or strip;  mixtures of any product of group 231 
with any product of this subgroup, in primary forms or in plates, sheets or strip 0.3 0.2 0.2 0.2 0.2 0.2 
Mining 8.6 9.3 10.9 8.8 10.7 15.7 
Ores and other minerals 2.4 1.9 2.6 1.6 2.3 2.4 
2816  Iron ore agglomerates (sinters, pellets, briquettes, etc.) 1.0 0.7 1.0 0.4 1.1 1.2 
2815  Iron ore and concentrates, not a gglomerated 0.5 0.3 0.5 0.3 0.3 0.5 
Non-ferrous metals 1.6 1.4 1.1 1.0 1.0 1.1 
6842  Aluminium and aluminium alloys, worked 0.3 0.3 0.3 0.3 0.3 0.3 
6824  Copper wire 0.3 0.2 0.2 0.2 0.2 0.2 
Fuels 4.7 6.0 7.2 6.3 7.4 12.2 
334 Petroleum products 2.5 4.0 4.8 3.8 4.5 7.5 
3431 Natural gas, liquefied 0.0 0.0 0.5 0.6 0.9 2.6 
3432 Natural gas, in the gaseous state 0.7 0.3 0.1 0.4 0.5 0.8 
3510 Electric current 0.8 1.0 0.7 0.9 0.8 0.6 
3212 Other coal 0.5 0.4 0.6 0.4 0.6 0.6 
Manufactures 86.6 85.1 82.9 85.3 84.7 79.9 
Iron and steel 2.9 3.3 3.7 2.9 2.9 2.7 
Chemicals 18.8 18.5 18.1 18.7 18.0 16.8 
5629 Fertilizers, n.e.s. 0.9 1.3 1.4 0.6 0.9 1.1 
5429 Medicaments, n.e.s. 1.1 1.0 0.9 1.4 1.1 1.0 
Other semi-manufactures 7.3 7.0 6.8 7.3 7.1 6.4 
6413 Paper and paperboard, of a kind used for writing, printing or other 
graphic purposes, coated, impr egnated, surface-coloured, 
surface-decorated, etc. 0.5 0.5 0.5 0.6 0.5 0.4 
6996 Articles of iron or steel, n.e.s. 0.3 0.3 0.4 0.5 0.4 0.4 
Machinery and transport equipment 48.2 47.4 45.7 46.5 47.9 45.4 
Power-generating machinery 1.4 1.7 2.0 2.2 2.1 1.7 
7165 Generating sets 0.2 0.4 0.7 0.6 0.5 0.4 
7169 Parts, n.e.s., suitable for use solely or principally with the 
machines falling within group 716 0.3 0.4 0.3 0.4 0.5 0.4 
Other non-electrical machinery 11.1 11.1 10.5 9.4 9.2 9.8 
Agricultural machinery and tractors 1.2 1.3 1.3 0.6 1.0 0.8 
7212 Harvesting or threshing machinery (including straw or fodder 
balers);  grass or hay mowers;  machines for cleaning, sorting or 
grading seed or grain or for grading eggs 0.6 0.7 0.7 0.3 0.5 0.4 
7224 Wheeled tractors (other than those of headings 744.14 
and 744.15) 0.4 0.5 0.5 0.2 0.3 0.2 
Office machines and telecommunications  equipment 11.6 10.3 8.6 10.1 9.3 8.2 
7641  Electrical apparatus for line telephony or line telegraphy 
(including such apparatus for carrier-current line systems) 0.3 0.3 0.2 0.2 0.2 2.8 
7649  Parts and accessories suitable fo r use solely or principally with 
the apparatus of division 76 1.1 0.7 0.5 0.7 2.1 0.9 
7522  Digital automatic data-processing machines, containing in the 
same housing at least a central processing unit and an input and 
output unit, whether or not combined 0.4 0.5 0.6 0.9 1.1 0.7 
Other electrical machinery 4.3 4.3 3.7 4.3 4.2 3.8 
Automotive products 16.1 16.0 16.6 15.6 18.8 18.4 
7812  Motor vehicles for the transport of persons, n.e.s. 6.0 6.1 6.7 6.5 7.9 7.6 
7843  Other parts and accessories of the motor vehicles of 
groups 722, 781, 782 and 783 5.0 5.1 5.1 5.5 5.9 5.5 
7821  Motor vehicles for the transport of goods 2.0 1.8 1.8 1.3 1.7 1.9 WT/TPR/S/277/Rev.1 Trade Policy Review
Page 220 
  
  Description 2006 2007 2008 2009 2010 2011 
7132  Internal combustion piston e ngines for propelling vehicles of 
division 78, group 722 and headings 744.14, 744.15 and 891.11 1.4 1.5 1.5 1.3 1.7 1.7 
Other transport equipment 3.7 4.0 4.2 4.9 4.3 3.6 
7924  Aeroplanes and other aircraft, mechanically-propelled (other than 
helicopters), of an unladen  weight exceeding 15,000 kg 1.5 1.6 1.8 2.6 2.1 1.1 
Textiles 2.4 2.2 2.0 2.1 1.9 1.7 
Articles of apparel and clothing acce ssories 0.6 0.6 0.7 0.9 0.7 0.8 
Other consumer goods 6.4 6.1 5.8 6.8 6.2 6.1 
8939 Articles of plastics, n.e.s. 0.4 0.4 0.3 0.4 0.4 0.4 
Other 0.8 0.6 0.6 0.9 0.8 0.9 
Source : WTO Secretariat estimates based on data from the Comtrade database (SITC Rev.3). Argentina WT/TPR/S/277/Rev.1
 Page 221 
 
 
  Table AI.7 
Merchandise exports (f.o.b.) by trading partner, 2006-2011 
(US$ million and %)  
Trading partner 2006 2007 2008 2009 2010 2011
Total (US$ million) 46,546 55,780 70,019 55,672  68,187 83,950
 (% of exports) 
America 52.2 49.0 48.1 49.9 49.4 48.6
United States 8.8 7.8 7.7 6.6 5.4 5.1
Other America 43.3 41.2 40.4 43.3 44.0 43.5
Brazil 17.5 18.8 19.0 20.4 21.2 20.7
Chile 9.5 7.5 6.7 7.9 6.6 5.8
Canada 0.9 0.6 0.7 0.8 2.1 2.8
Uruguay 2.6 2.2 2.6 2.9 2.3 2.4
Bolivarian Republic of Venezuela 1.7 2.1 2.0 1.9 2.1 2.2
Colombia 1.2 1.0 1.2 1.6 1.9 2.2
Peru 1.6 1.7 1.9 1.4 1.7 2.2
Europe 19.3 19.2 20.8 20.6 18.3 18.4
EU(27) 17.5 17.6 18.8 18.4 16.4 16.9
Spain 3.9 3.7 4.0 3.3 3.3 3.7
Netherlands 3.1 3.2 4.2 4.3 3.5 3.2
Germany 2.4 2.2 2.2 2.5 2.7 2.9
Italy 2.4 2.5 2.4 2.7 2.3 2.4
EFTA 1.2 1.0 1.2 1.7 1.5 0.7
Switzerland and Liechtenstein 1.1 1.0 1.1 1.7 1.5 0.7
Other Europe 0.6 0.6 0.9 0.4 0.4 0.8
Commonwealth of Independent Stat es (CIS) 2.1 1.6 1.6 1.7 1.1 1.1
Russian Federation 1.9 1.4 1.4 1.5 0.9 0.9
Ukraine 0.1 0.1 0.2 0.1 0.1 0.1
Africa 6.3 7.1 7.2 5.5 5.8 7.6
Egypt 0.7 1.0 1.5 1.1 1.4 2.1
Algeria 1.2 1.4 1.3 1.3 1.5 2.0
South Africa  2.0 1.8 1.4 1.2 1.3 1.3
Middle East 2.3 2.7 3.7 4.5 4.2 3.9
Iran, Islamic Republic of 0.0 0.6 1.5 1.5 2.1 1.3
Kingdom of Saudi Arabia 0.7 0.7 0.6 0.6 0.5 0.7
Asia 16.1 18.7 16.4 16.1 19.3 18.2
China 7.5 9.3 9.1 6.6 8.5 7.4
Japan 0.9 1.2 0.7 0.9 1.3 1.0
Six East Asian Traders 3.3 3.4 2.5 3.5 3.8 3.6
Malaysia 1.1 1.0 0.7 1.0 1.2 1.2
Republic of Korea 0.9 1.2 0.8 1.1 1.1 1.1
Thailand 0.6 0.7 0.6 0.8 0.6 0.6
Hong Kong, China  0.4 0.3 0.3 0.5 0.5 0.4
Chinese Taipei 0.2 0.2 0.1 0.1 0.3 0.2
Singapore 0.1 0.0 0.1 0.1 0.1 0.1
Other Asia 4.5 4.8 4.1 5.2 5.7 6.2
Indonesia 0.7 0.7 0.6 1.1 1.3 1.8
India 2.0 1.5 1.2 1.2 1.9 1.3
Viet Nam 0.4 0.6 0.5 1.0 1.0 0.8
Other 1.7 1.7 2.0 1.7 1.9 2.2
Free zones  0.0 0.0 0.0 0.1 0.1 0.1
Memorandum    
MERCOSUR 21.4 22.4 23.1 24.8 25.1 24.7
Source :  WTO Secretariat estimates based on data from the Comtrade data base (SITC Rev.3).  WT/TPR/S/277/Rev.1 Trade Policy Review
Page 222 
  
  Table AI.8 
Merchandise imports (c.i.f.) by trading partner, 2006-2011 
(US$ million and %)  
Trading partner 2006 2007 2008 2009 2010 2011
Total (US$ million) 34,154 44, 707 57,462 38,786  56,501 73,937 
 (% of imports) 
America 57.0 54.8 54.1 54.1 51.9 51.1 
United States 12.6 11.9 12.1 13.3 10.8 10.5 
Other America 44.4 42.9 41.9 40.8 41.1 40.6 
Brazil 34.8 32.8 31.3 30.5 31.3 29.7 
Mexico 3.3 3.0 2.8 3.0 3.2 3.4 
Trinidad and Tobago 0.0 0.0 0.5 0.6 0.9 1.7 
Chile 1.8 1.6 1.7 1.7 1.6 1.5 
Uruguay 0.9 1.0 0.9 0.9 1.0 0.9 
Plurinational State of Bolivia 0.9 0.5 0.3 0.5 0.6 0.9 
Canada 0.5 0.7 0.6 0.7 0.7 0.8 
Europe 18.1 17.5 16.7 17.9 18.6 16.9 
EU(27) 17.1 16.7 15.7 16.5 17.3 15.7 
Germany 4.5 4.8 4.4 5.1 5.7 4.9 
France 2.7 2.4 2.6 2.1 2.7 2.2 
Italy 2.7 2.4 2.1 2.2 2.3 2.0 
Spain 1.8 1.8 1.8 2.0 1.8 1.9 
EFTA 0.8 0.7 0.7 1.1 1.0 0.8 
Switzerland and Liechtenstein 0.8 0.6 0.6 1.0 0.9 0.7 
Other Europe 0.2 0.2 0.3 0.3 0.3 0.4 
Turkey  0.2 0.2 0.3 0.2 0.3 0.3 
Commonwealth of Independent States  (CIS) 0.9 1.3 1.6 0.4 0.9 1.2 
Russian Federation 0.7 1.0 1.3 0.3 0.7 1.1 
Africa 0.7 0.6 0.9 0.6 0.5 0.9 
South Africa  0.3 0.3 0.4 0.3 0.2 0.3 
Morocco 0.2 0.1 0.2 0.2 0.2 0.3 
Middle East 0.3 0.5 0.3 0.3 0.5 0.8 
Qatar 0.0 0.1 0.0 0.0 0.1 0.4 
Israel 0.3 0.3 0.3 0.2 0.2 0.2 
Asia 18.6 20.2 20.8 21.7 22.8 23.1 
China 9.1 11.4 12.4 12.4 13.5 14.3 
Japan 2.7 2.7 2.4 2.3 2.1 1.9 
Six East Asian Traders 4.4 4.0 3.8 4.5 4.6 4.5 
Republic of Korea 1.3 1.2 1.3 1.6 1.7 1.9 
Thailand 1.2 1.0 0.8 1.1 1.1 0.9 
Chinese Taipei 0.8 0.7 0.7 0.8 0.8 0.7 
Malaysia 0.7 0.7 0.7 0.7 0.6 0.6 
Singapore 0.4 0.3 0.3 0.3 0.3 0.2 
Hong Kong, China  0.1 0.1 0.1 0.1 0.1 0.1 
Other Asia 2.3 2.1 2.2 2.4 2.6 2.4 
India 0.9 0.9 0.9 0.9 1.0 0.9 
Australia 0.4 0.4 0.5 0.5 0.6 0.6 
Indonesia 0.5 0.5 0.4 0.5 0.6 0.5 
Other 4.3 5.0 5.6 5.1 4.7 5.9 
Free zones 0.0 0.0 0.0 0.7 0.5 .. 
Memorandum        
MERCOSUR 37.2 36.2 35.4 33.3 33.1 31.3 
.. Not available. 
Source :   WTO Secretariat estimates based on data  from the Comtrade database (SITC Rev.3).  Argentina WT/TPR/S/277/Rev.1
 Page 223 
 
 
  Table AIII.1 
Anti-dumping duties as at 1 November 2012  
 
Product MERCOSUR tariff 
heading Origin Measure Resolution Expiry 
Definitive anti-dumping measures     
1 
2 3 
4 Cold-rolled flat 
products 
(D-review) 7209.15.00, 7209.16.00, 
7209.17.00, 7209.18.00, 7209.25.00, 7209.26.00, 
7209.27.00, 7209.28.00, 
7209.90.00, 7211.23.00, 7225.50.00, 7226.92.00 South Africa 
Rep. of Korea Ukraine 
Kazakhstan Ad valorem  duties, 
according to origin MIT 
No. 242/10 Review 
underway Continued 
application of 
measures as from 6/7/10 for 
duration of 
review 
5 Radial ball bearings 
(D-review) 8482.10.10 China Minimum f.o.b. export 
price of US$ 17.66 - 
US$ 49.97 per kg, according to series MI 
No. 172/11 Review 
underway 
Continued application of 
measures as from 
30/5/11 for duration of 
review 
6 Vacuum flasks and 
other vacuum vessels 
with stainless steel 
inners of a capacity not exceeding 2.5 litres (D-review) 9617.00.10 China Minimum f.o.b. export 
price of US$10.75 
per kg MI 
No. 499/11 Review under 
way. 
Continued 
application of measures as from 25/11/11 for 
duration of 
review 
7 Microwave ovens 
(D-review)  8516.50.00 China Minimum f.o.b. export 
price per unit, according 
to capacity and whether digital or mechanical MEFP 
No. 50/12 Review 
underway 
Continued application of 
measures as from 
8/3/12 for duration of 
review 
8 Three-phase liquid 
dielectric transformers 
(D) 8504.23.00 Brazil Ad valorem  duty of 
20.96% and 8.00%. 
according to power MEP 
No. 380/12 Review 
underway 
Continued 
application of measures as from 
17/7/12 for 
duration of review 
9 Vacuum flasks and 
other vacuum vessels with glass inners of a 
capacity of up 
to 2.5 litres (D-review)  9617.00.10 China Minimum f.o.b. export 
price of US$4.82 per unit MEP 
No. 262/07 Review 
underway 
Continued 
application of 
measures as from 5/10/12 for duration of 
review 
10 
11 
12 
13 Cold- or hot-rolled flat 
products of iron or steel, 
smooth and without 
perforations (D-review) 7210.49.10, 7210.61.00, 
7212.30.00, 7212.50.00, 
7225.92.00, 7225.99.00, 
7226.94.00, 7226.99.00 Rep. of Korea 
South Africa 
Australia 
Chinese Taipei Specific duty, according 
to origin MIT 
No. 37/09 21/11/12 
14 
15 Disposable 
electrocardiograph 
electrodes (D) 9018.11.00  Austria 
Canada Minimum f.o.b. export 
price of US$0.047 
per unit MEP 
No. 470/07 7/12/12 
16 
17 Spokes and spokes with 
nipples for bicycles and 
motorcycles (D-review) 8714.19.00, 8714.92.00, 
8714.99.90 China 
Chinese Taipei Minimum f.o.b. export 
price of US$1.64 - 
US$3.10 per gross, according to size and 
origin MEP 
No. 14/08 18/1/13 WT/TPR/S/277/Rev.1 Trade Policy Review
Page 224 
  
   
Product MERCOSUR tariff 
heading Origin Measure Resolution Expiry 
18 19 Drinking glasses, cups 
and jugs (D) 7013.28.00, 7013.37.00 Brazil 
China Price undertaking with 
various Brazilian companies and
 
minimum f.o.b. export prices of US$0.68 - US$2.61 per kg, 
according to origin and 
type of product MEP 
No. 121/08 7/3/13 
20 Tubes and pipes 
(D-review) 7306.19.00, 7306.30.00, 
7306.50.00 Japan Minimum f.o.b. export 
price of US$1.18 per kg MEP 
No.79/08 12/6/13 
21 
22 Sanitary fixtures 
(D-review)  6910.10.0, 6910.90.00 Uruguay 
Brazil Price undertaking by 
Metzen y Sena S.A. 
(according to type of 
sanitary fixture) and residual ad valorem  
duties MIT 
No. 246/10 12/6/13 
 
Ad valorem  duties 
according to type of 
sanitary fixture 
(differentiated margins for Duratex S.A.) MIT 
No. 206/10 12/6/15 
23 Pneumatic tyres (D) 4011.10.00, 4011.20.90, 
4011.61.00, 4011.92.10, 4011.92.90 China Ad valorem  duty 
between 10-23%, according to product category MI 
No. 221/11 22/6/13 
24 Irons (D)  8516.40.00 China Specific duty of 
US$6.26 per unit  MEP 
No. 533/08 20/10/13 
25 
26 
27 28 Hot-rolled flat products 
of iron or steel 
(D-review) 7208.10.00, 7208.25.00, 
7208.26.10, 7208.26.90, 
7208.27.10, 7208.36.10, 7208.27.90, 7208.36.90, 
7208.37.00, 7208.38.10, 
7208.38.90, 7208.39.10, 7208.39.90, 7208.40.00, 
7208.51.00, 7208.52.00, 
7208.53.00, 7208.54.00, 7208.90.00, 7211.13.00, 
7211.14.00, 7211.19.00, 
7225.30.00, 7225.40.90, 7226.91.00 Slovakia 
Romania 
Kazakhstan South Africa Ad valorem  duties, 
according to origin MEP 
No. 525/08 20/10/13 
29 
30 Bicycles (D-review) 8712.00.10 China 
Chinese Taipei Minimum f.o.b. export 
prices, according to wheel size, part and 
origin MEP 
No. 615/08 13/11/13 
31 Parts of frames and 
forks of bicycles (C)  8714.91.00 China  Minimum f.o.b. export 
price of US$3.02 per kg MP 
No. 43/09 13//11/13 
32 Universal joints and 
tripod joints (D)  38708.99.90 China Specific duties:  
US$10.97 (universal joints) and US$17.34 (tripod joints) per kg MP 
No. 36/08 7/1/14 
33 Printing inks (D)  3215.11.00, 3215.19.00, 
3204.17.00, 3212.90.90 Brazil Price undertakings of 
Sun Chemical Do Brasil Ltda. and Flint Ink Do 
Brasil Ltda., minimum 
f.o.b., according to colour MI 
No. 10/11 18/1/14 
Ad valorem  duties. 
according to company and rest of industry 18/1/16 
34 Twist drill bits 
(D-review) 8207.50.11 and 
8207.50.19 China Minimum f.o.b. export 
prices from US$20.13 to US$397.54 per kg, 
according to size MP 
No. 32/09 30/1/14 Argentina WT/TPR/S/277/Rev.1
 Page 225 
 
 
   
Product MERCOSUR tariff 
heading Origin Measure Resolution Expiry 
35 Steel chains (D) 7315.82.00 China Minimum f.o.b. export 
price of US$1.83 per kg MP 
No. 42/09 13/2/14 
36 
37 Electrical connection 
terminals for cable 
diameters of up to 35 mm
2 (D) 8536.10.00, 8536.50.90, 
8536.90.90 Germany 
China Price undertaking 
Weidmüller company MEFP 
No. 77/12  Review 
underway 
Continued application of 
measures as from 
3/4/12 for duration of 
review 
Ad valorem  duties, 
according to origin and 
company MP 
No. 106/09 4/4/14 
38 Air-conditioning 
equipment with a 
capacity not exceeding 
6,500 f/h (D) 8415.10.19 Thailand Minimum f.o.b. export 
prices of US$476.89 per 
unit for equipment up 
to 2,500 f, inclusive, and US$526.74 per unit 
for equipment with a 
capacity exceeding 2,500 and up to 5,000 f, 
inclusive MP 
No. 245/09  9/7/14 
39 
40 41 New pneumatic tyres of 
rubber, of a kind used on bicycles (D-review) 4011.50.00 China 
Indonesia Thailand Minimum f.o.b. export 
prices, according to origin MP 
No. 377/09 19/9/14 
42 Glass wool, 
agglomerated with thermosetting phenolic 
resins, with or without 
covering, in rolls and panels (D-review) 7019.39.00 New Zealand Minimum f.o.b. export 
price, according to whether with or without 
covering MP 
No. 376/09  19/9/14 
43 Sets of dishware, loose 
articles of dishware, dinner services, and 
coffee and tea services 
and accessories (D) 6911.10.10, 6911.10.90, 
6911.90.00, 6912.00.00  China Minimum f.o.b. export 
price of US$4.65 per kg MP 
No. 385/09 25/9/14 
44 
45 Acrylic fibre yarn, pure, 
single or multiple 
(folded) (D) 5509.31.00, 5509.32.00 Brazil 
Indonesia Price undertaking of 
Paramount Texteis 
Industria E Comercio S.A. 
Mobile price and 
quantity undertaking, subject to adjustments  MI 
No. 156/10 25/9/14 
Ad valorem  duties, 
according to origin and company MIT 
No. 398/09 25/9/14 
46 
47 Cutlery made 
exclusively of stainless steel (D) 8211.10.00, 8211.91.00, 
8215.20.00, 8215.99.10 Brazil 
China Price undertaking of 
Brazilian exporter Tramontina Farroupilha S.A.  Industria 
Metalúrgica, minimum 
f.o.b. export price, according to type and 
category of cutlery  MP 
No. 401/09 30/9/14 
Ad valorem  duties and 
minimum f.o.b., 
according to origin and 
company MIT 
No. 12/09 26/10/14 
48 
49 Zip fastener chains and 
slides (D)  9607.11.00, 9607.19.00, 
9607.20.00 China 
Peru Ad valorem  duties and 
minimum f.o.b., 
according to origin and company MP 
No. 409/09 08/10/14 WT/TPR/S/277/Rev.1 Trade Policy Review
Page 226 
  
   
Product MERCOSUR tariff 
heading Origin Measure Resolution Expiry 
50 Carbon steel 
butt-welded pipe fittings 
‑ elbows and tees (D) 7307.19.20 and 
7307.93.00 China Minimum f.o.b. export 
price of US$3.94 per kg MIT 
No. 11/09 24/10/14 
51 Short-pitch transmission 
roller chain in accordance with 
Argentine Standards 
Institute (IRAM) Standard No. 5184 (D) 7315.11.00 China Minimum f.o.b. export 
price of $4.60 per kg MIT 
No. 14/09 28/10/14 
52 
53 Frame-based 
transmission assembly comprising gear 
reducer, connecting 
rods, beam-type counterbalance and 
drilling tower for oil 
well pump equipment (D) 8483.40.10 China Romania Price undertaking of 
SC Vulcan S.A. (Romanian company) 
for different models and 
residual ad valorem  
measure, according to 
capacity and power of 
equipment MIT 
No. 38/09 24/11/14 
54 
55 Synthetic colouring 
matter 3204.17.00, 3204.12.10, 
3204.14.00 China 
India Ad valorem  duties 
according to type of colouring (certain direct 
and acid colorants and 
pigments) and origin MIT 
No. 13/10 29/1/15 
(measure suspended since 
12/12/11 for 
duration of review provided for in MI 
Resolution 
No. 484/11) 
Initiation of changed 
circumstances review of 
the measure provided for in former MIT 
Resolution No. 13/10 MI 
No. 484/11 
56 Water pumps (D) 8413.30.90 China Ad valorem  duty 
of 287% MIT 
No. 14/10 29/1/15 
57 Footwear (D) 6402.19.00, 6402.20.00, 
6402.91.10, 6402.91.90, 6402.99.10, 6402.99.90, 
6403.19.00, 6403.20.00, 
6403.40.00, 6403.51.10, 6403.51.90, 6403.59.10, 
6403.59.90, 6403.91.10, 
6403.91.90, 6403.99.10, 6403.99.90, 6404.11.00, 
6404.19.00, 6404.20.00, 
6405.10.10, 6405.10.20, 6405.10.90, 6405.20.00, 
6405.90.00 China Minimum f.o.b. export 
price of US$13.88 per pair MIT 
No. 46/10 22/3/15 
58 
59 
60 Yarns and fibres (D) 5402.33.00 China 
Indonesia 
Chinese Taipei Ad valorem  duties, 
according to origin MIT 
No. 123/10 19/5/15 
61 
62 Food processors or 
multi-processors, other than manually operated 
(D) 8509.40.50 Brazil 
China Ad valorem  duties, 
according to origin MIT 
No. 8/10 8/7/15 
63 Voile (D) 5407.61.00, 5407.69.00 China Minimum f.o.b. export 
price of US$17.60 
per kg MI 
No. 9/10 8/7/15 
64 Denim (D)  5208.43.00, 5209.42.10, 
5209.42.90, 5210.49.10, 
5211.42.10, 5211.42.90 China  Minimum f.o.b. export 
price of US$3.13 
per linear metre MI 
No. 65/10 9/9/15 
65 
66 Pipe fittings (D) 7307.19 .10, 7307.19.90 Brazil 
China Ad valorem  duties, 
according to origin MI 
No. 202/10 20/11/15 
67 Traction machinery for 
elevators and goods lifts (D) 8425.31.10 China Ad valorem  duty 
of 149% MI 
No. 221/10 4/12/15 Argentina WT/TPR/S/277/Rev.1
 Page 227 
 
 
   
Product MERCOSUR tariff 
heading Origin Measure Resolution Expiry 
68 Couplers (D)  8536.90.90 India Minimum f.o.b. export 
price of US$0.021 per unit MI 
No. 12/11 21/1/16 
69 Straight handsaw blades 
of high-speed steel and straight handsaw blades 
of bi-metal steel (D) 8202.91.00, 8202.99.90 Sweden Specific duty 
of US$0.28 per unit R.  MI 
No. 25/11 1/2/16 
70 Air-conditioning 
equipment (D-review) 8415.10.11, 8415.10.19 
8415.90.00 China Minimum f.o.b. export 
prices according to type 
of air-conditioning 
equipment and refrigeration power  MI 
No. 44/11 18/2/16 
71 Tape measures (D-CC)  9017.80.10 China Minimum f.o.b. export 
price of US$0.54 per linear metre MI 
No. 88/11 16/3/16 
72 Hypodermic syringes of 
plastic, disposable, sterile, with or without 
needles, of a volume 
ranging from 1 cc to 60 cc (D) 9018.31.11, 9018.31.19 China Ad valorem  duty 
of 17.67% and price undertaking of the 
export firm Wenzhou 
Wuzhou Imp. & Exp.  Co.  Ltd. MI 
No. 89/11 16/3/16 
73 Screw compressor units 
for gases (except air) (D) 8414.80.32, 8414.30.99 Brazil Ad valorem  
anti-dumping duty of 33% for Mayekawa Do Brasil Refrigeração 
Ltda. and 79% for other 
Brazilian exporting producers MI 
No. 91/11 17/3/16 
74 Electric heating 
apparatus (D) 8516.29.00 China Ad valorem  duty 
of 138.26% MI 
No. 148/11 5/5/16 
75 Fans (D) 8414.51.10, 8414.51.90, 
8414.59.90 China Ad valorem  duty 
of 136.92% MI 
No. 194/11 1/6/16 
76 Straight handsaw blades 
of high-speed steel (D) 8202.91.00, 8202.99.90 China Specific duty of 
US$0.46 per unit MI 
No. 377/11 8/9/16 
77 Suits, ensembles. 
jackets and blazers (D) 6203.11.00, 6203.12.00, 
6203.19.00, 6203.22.00, 6203.23.00, 6203.29.10, 
6203.29.90, 6203.31.00, 
6203.32.00, 6203.33.00, 6203.39.00 China Minimum f.o.b. export 
price of US$81.50 per unit MI 
No. 349/11 4/1/17 
78 Glass wool products 7019.39.00 Mexico Ad valorem  duty 
of 112.57% for Owens Corning México S. de 
R.L. de C.V. and for 
other Mexican exportersMEFP 
No. 297/12 14/6/17 
79 
80 
81 82 Coated paper and 
paperboard (D) 4810.13.89, 4810.13.90, 
4810.19.89, 4810.19.90 United States 
Finland 
Austria China Definitive ad valorem  
duty of 63.51% for the 
United States, 91% for Finland, 98% for Austria and 39.56% for 
China MEFP 
No. 298/12 14/6/17 
83 Single-phase motors (D) 8501.40.19 China Specific duty, 
from US$34.79 per unit 
to US$167.09 per unit, 
variable according to power and poles R. MEFP 
No. 506/12 4/9/17 
84 Spectacles (D) 9003.11.00, 9003.19.10, 
9003.19.90, 9004.90.10 and 9004.10.00. China Specific duty 
from US$13.09 per unit to US$16.88 per unit, 
according to tariff 
heading R. MEFP 
No. 588/12 4/10/17 
85 Straight handsaw blades 
of high-speed steel (D) 8202.91.00, 8202.99.90 India Specific duty 
of US$0.33 per unit R. MEFP 
No. 590/12 5/10/17 WT/TPR/S/277/Rev.1 Trade Policy Review
Page 228 
  
   
Product MERCOSUR tariff 
heading Origin Measure Resolution Expiry 
Provisional anti-dumping measures     
1 Porcellanato (D) 6907.90.00 China Specific duty 
of US$4.42 per m2 R. MEFP 
No. 470/12 28/2/13 
Note: D:  dumping. 
C:  circumvention. 
D-CC:  changed circumstances review. 
Source : Information from the National Foreign Trade Commission,  "Investigations in cases of dumping, subsidies and 
safeguards".  Viewed at:  http ://www.cnce.gov.ar/Inves tigaciones/pw_investigac ionesprincipal.php. Argentina WT/TPR/S/277/Rev.1
 Page 229 
 
 
  Table AIII.2 
Goods that may be subject to official export prices 
Foreign Trade 
Nomenclature 
(NCE)  Description  
0713.10.000 Other than for sowing Whole 
Split 
0713.20.000 Other than for sowing  
0713.33.000 Kidney beans, including wh ite pea beans, other than for 
sowing, in packages of a net content exceeding 20 kg  
Up to 190 grains/100 g  
From 191 to 220 grains/100 g  
From 221 grains/100 g  
Black, other than for sowing, in  packages of a net content 
exceeding 20 kg  
Coloured, other than for sowing, in packages of a net 
content exceeding 20 kg   
Oval, other than for sowing, in  packages of a net content 
exceeding 20 kg  
0713.39.000 Runner beans ( Phaseolus Coccineus . var.  Albus), other 
than for sowing, in packages  of a net content exceeding 
20 kg  
0713.40.000 Other than for sowing  
1001.10.900 Soft In bulk, with up to 15% bagged 
More than 15% bagged Taganrog 
Other 
1001.90.000 Bread wheat In bulk, with up to 15% bagged 
More than 15% bagged 
1002.00.900 In bulk, with more than 15% bagged  
More than 15% bagged  
1003.00.900 Malting In bulk,  with up to 15% bagged 
More than 15% bagged Other 
1004.00.900 In bulk, with up to 15% bagged  
More than 15% bagged  
1005.90.000 In bulk, with up to 15% bagged  
More than 15% bagged  
1006.10.900   
1006.20.900   
1006.30.900 With a broken grai n content not exceeding 1%  
With a broken grain content exceeding 1%  
1006.40.000 Half grain  
Half and quarter grain  
Quarter grain with a foreign body content not 
exceeding 1%  
Quarter grain with a foreign body content exceeding 1%  
Rice fragments with a foreign body content not 
exceeding 1%  
Rice fragments with a foreign body content exceeding 1%  
Quarter grain and rice fragments with a foreign body 
content not exceeding 1%  
Quarter grain and rice fragments with a foreign body 
content exceeding 1%  
1007.00.900 In bulk, with up to 15% bagged  
 More than 15% bagged  
1008.20.900 In bulk, with up to 15% bagged  
 More than 15% bagged  
1008.30.900 In bulk, with up to 15% bagged  
 More than 15% bagged  
1101.00.000   
1104.22.000 Clipped In bulk, with up to 15% bagged 
More than 15% bagged 
1201.00.200 In bulk, with up to 15% bagged  
More than 15% bagged  WT/TPR/S/277/Rev.1 Trade Policy Review
Page 230 
  
  Foreign Trade 
Nomenclature (NCE)  Description  
1202.20.200   
1202.20.900 In bulk, with up to 15% bagged  
More than 15% bagged  
1204.00.200 In bulk, with up to 15% bagged  
More than 15% bagged  
1205.00.200 Rape seeds In bulk, with up to 15% bagged 
More than 15% bagged Colza seeds 
1206.00.290 In bulk, with up to 15% bagged  
More than 15% bagged  
1207.60.900 In bulk, with up to 15% bagged  
More than 15% bagged  
1507.10.000 In bulk  
1507.90.000 Refined In bulk 
In drums of a net content exceeding 200 litres 
1508.10.000 In bulk  
1508.90.000   
1509.10.000 In bulk Extra virgin , fine or ordinary quality 
Lampante 
1509.90.900   
1512.11.000 Sunflower-seed In bulk 
1512.19.000 Sunflower-seed, refined In bulk 
In drums of a net content exceeding 200 litres 
1512.21.000 In bulk  
1512.29.000   
1514.10.000 In bulk  
1514.90.000   
1515.11.000 In bulk  
1515.19.000  Refined In bulk 
In drums of a net content exceeding 200 litres 
2302.30.000 Pellets In bulk, with up to 10% bagged 
2304.00.000 Oilcake  
Expellers  
Pellets  
Oilcake meal  
2306.00.000 Oilcake  
Expellers  
Pellets  
Oilcake meal  
2306.10.000 Oilcake  
Expellers  
Pellets  
Oilcake meal  
2306.20.000 Oilcake  
Expellers  
Pellets  
Oilcake meal  
2306.30.000 Oilcake  
Expellers  
Pellets Of oilcake meal 
Wholemeal 
Oilcake meal  
2306.40.000 Oilcake  
Expellers  
Pellets  
Oilcake meal  
Source :   List annexed to Law No. 21.453 and amendments thereto. 
 
__________