Question

In: Economics

Argentina is clearly an agricultural country. Analyse its agricultural (crops and animals) sector based on FAO...

Argentina is clearly an agricultural country. Analyse its agricultural (crops and animals) sector based on FAO data and articles you find on this topic.

Solutions

Expert Solution

Argentina is an agricultural country in South America, where agriculture is the capital rail. More than half of Argentina's foreign exchange is from agriculture. Agriculture thus stands as a pillar of the country's socio-economic progress. It is estimated that up to 15% of Argentina's farmland is owned by foreigners. Agricultural exports in 2011 were worth US $ 86 billion. The most important are wheat, maize and soybean. Agriculture is controlling the  government agency. They are involved in farming, livestock raising, fishing and feeding. They are increasing application of external inputs, modern technologies and management techniques. So Argentina  improved the productivity of agriculture.

Major Agricultural Products:

Cereals: Argentina produces various grains. The annual production of cereals is about 100 million tonnes.

Oil spill : The annual production is about 52 million tons .

Meat: Produces 5 million tons per year.

Sugarcane, cotton… and fruits and vegetables are also produced in considerable quantities.

Milk production is about 10 billion annual liters. and They are producing large number of egg

Vegetables produce 5 million tonnes per year. Fish and seafood are less productive in Argentina.
According to the FAO, Argentina is a high-middle income country. Its total GDP in 2016 was US $ 550 billion. The country is also leading in the export of agricultural produce. But Argentina faces many problems in other areas.


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