**This is corroborated by the fact that the Argentinean basket of main export products has not changed dramatically over the past decade** , **even though some products have changed ranking** (Table 1). This indicates that Argentina’s export profile has not changed as a result of the crisis. The most noteworthy agricultural products and agricultural manufactures include soybeans, beef and alcoholic beverages.

**<u>Table 1. Top 10 Exports to the World in 2007 and 1997 SITC3 (5 digit)</u>**

|||**2007**<br>**Share**||**Share**||**1**|**997**<br>**Share**||**Share**|
|---|---|---|---|---|---|---|---|---|---|
|**Product**<br>**Name**|**Exp to**<br>**world**<br>**(US$)**|<br>**in tot**<br>**exp**<br>**(%)**|**Main Exp**<br>**Destination**<br>**by product**|**in**<br>**world**<br>**exp**<br>**(%)**|**Product**<br>**Name**|**Exp to**<br>**world**<br>**(US$)**|<br>**in tot**<br>**exp**<br>**(%)**|**Main Exp**<br>**Destination**<br>**by product**|**in**<br>**world**<br>**exp**<br>**(%)**|
|Oil cake of<br>soya beans|5,748,010|10|EU 25|59|Oil cake of<br>soya beans|2,044,098|8|EU 25|49|
|Crude soya<br>bean oil|4,260,480|8|China|36|Crude soya<br>bean oil|1,010,778|4|China|27|
|Goods transp.<br>vehicle|1,695,981|3|Mercosur|43|Prepared<br>leather|845,510|3|USA|31|
|Prepared<br>leather|855,464|2|EU 25|21|Crude<br>safflower oil|817,488|3|Iran|17|
|Iron|825,072|1|Saudi Arabia|14|Goods transp.<br>vehicle|597,701|2|Mercosur|97|
|Beef<br>fresh/boneless|790,060|1|EU 25|69|Beef<br>fresh/boneless|363,623|1|EU 25|61|
|Crude<br>safflower oil|562,487|1|EU 25|29|Shell fish|352,630|1|Taiwan|30|
|Non monetary<br>gold|562,235|1|Switzerland|90|Beef, frozen,<br>boneless|229,441|1|EU 25|37|
|Motor vehicle<br>gear|497,940|1|Mercosur|53|Iron|227,038|1|China|18|
|Still/fortified<br>wines|486,199|1|EU 25|30|Oil cake of<br>sunflower|226,004|1|EU 25|78|

_Source:_ COMTRADE and own calculations.

**The basket of Argentinean imports has also not changed over the last decade, although it is clear that Brazil has taken over markets previously covered by the EU and the USA** (Table 2). In 1997 Argentina’s main provider of  motor vehicles body parts, piston engines, and motor vehicle gear boxes was Europe, while ten years later Brazil has become the main import market for these products. Imports do not show any sign of product concentration (as per the low share of product imports in total imports), however they show high market concentration—not only is the share of imports in total imports in product very high for each destination, but Brazil constitutes the main imports partner.

**Table 2. Top 10 Imports from the** **<u>World in 2007 and 1997 SITC3 (5 digit)</u>**

|**Product**<br>**Name**|**Imp to**<br>**world**<br>**(US$)**|**2007**<br>**Share**<br>**in tot**<br>**imp**<br>**(%)**|**Main imp**<br>**Destination**<br>**by product**|**Share**<br>**in**<br>**world**<br>**imp**<br>**(%)**|**Product**<br>**Name**|**Imp to**<br>**world**<br>**(US$)**|**1997**<br>**Share**<br>**in tot**<br>**imp**<br>**(%)**|**Main imp**<br>**Destinatio**<br>**n by**<br>**product**|**Share**<br>**in**<br>**world**<br>**imp**<br>**(%)**|
|---|---|---|---|---|---|---|---|---|---|
|Radio<br>transceivers|1,349,966|3.0|Brazil|53|Goods transp<br>vehicle|828,771|2.7|Brazil|54|
|Motor<br>vehcl parts|879,010|2.0|Brazil|44|Motor veh<br>body parts|649,199|2.1|EU 25|49|
|Goods<br>transp<br>vehicle|759,256|1.7|Brazil|95|Radio<br>transceivers|643,558|2.1|USA|65|

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