To confront Payments arrive in 2026 Whether due to the expiration of debt coupons and payments International Monetary Fund (International Monetary Fund) and commitment Reserves accumulateThe government seeks support Foreign exchange income with more exports.
After overcoming the financial turmoil that preceded the elections, but without 20,000 million US dollars It was possible to negotiate with A He exfoliates From foreign banks, Luis Caputo sets his sights on productive sectors that have the potential to inject dollars into the economy.
After two years of management I focused on release International trade, which mainly affected Imports Who took the leap 28.9% ($64,658 million) compared to export growth 8.1% On an annual basis (US$71.487 million), until October, the economic team will prepare a plan A plan that allows “boosting” foreign sales.
Information has been provided to Historian By private sector representatives who confirmed that second-line officials under the supervision of Minister Caputo, they expected this “Something is coming”.
“About 15 days ago A project “It will be redesigned shortly after the agreement with the United States.” on The fountain that runs through the Palacio de Hacienda showed that it is Carolina Cuenca, Secretary of Foreign TradeHe is The person responsible for “polishing” the document.
The text, which was prepared in strict confidence by economic technicians, will not be made public General measurementBut “the idea is Directed by activity“, detailed the source who reached the top of the government.
From wallet economy As of Customs collection and control agency (Ark) They did not provide further information However, when referring to the media, anecdotal evidence suggests that the plan is centered around it Tax exemption.
Bao about production
During the event organized by the Faculty of Economic Sciences at UBA, Pablo LavinThe Production and Trade Coordinator explained this “The best industrial policy is one that does not exist”; However, various manufacturing sectors are excited that the government will take necessary measures “leveling the playing field” For exporters beyond “second generation” reforms that do not promise short-term improvements.
one of the ““paws” Which the state places on the Argentine productive sector and generates “roadblock” To leave goods abroad and enter foreign exchange, is Backpack tax.
It received the countryside, oil and some industrial goods Judiciary also – Reducing export duties last year, but there is still a wide range of value-added products that pay DeductionsAnd some of them Petrochemicals, aluminum and steel.
Moreover, the focus is on Export recovery “Nothing has been touched yet,” and it is one of the most common taxes that businessmen adhere to.
this week, ARCA made it official to convert freely available credits associated with national taxes associated with imports and exports into US dollars. As well as export refunds awaiting collection.
This procedure has been questioned before Exporters Chamber (wax) It’s been a long time It manifests itself Concern about a “strong increase” in VAT refunds and refunds.
“The decision is surprising because, in a way, it makes an implicit acknowledgment of… – Inability to repay debts with exporters“, the entity noted.
Expectations and demands
By 2025, though Boom Of imports, Argentina will again have a positive trade balance of 8000 million US dollarsIt is one result the government is celebrating, howeverThe positive balance is reinforced by increased soybean and energy exports.
Instead, Automotive industry It is affected by a 120% increase in imports and a 17.6% decrease in foreign sales year on year.
In addition to this, the “worrying” deficit in the auto spare parts sector It reached 7,404 million US dollarsWhich represents an increase in the negative balance of 9.8% Compared to the same period of the previous year, according to Automotive Component Manufacturers Association (Horizons).
According to the analysis of trade flows, the imbalance has been “worrying” since Imports increased by 8.7% year on yearthe total 8,386 million US dollars Between January and September 2025 while exports only grew 1.1% (982 million US dollars).
“The outstanding challenges for the sector regarding Export competitiveness And the need for Regulatory frameworks to accompany future investments, in relation to the technological change occurring in this sector“, was the focus of the recent meeting of local manufacturers gathered there adiva With Minister Caputo. In addition, as stated, the international scenario, characterized by “increasing global and regional competition,” was analysed.
from WaxThey stress that it is not necessary “Additional benefits” Or “sacrifices” to increase exports but to equalize conditions with International competitors.
To the main tax issues, Fernando LandaThe head of the entity added Mandatory settlement of export currencies: “State intervention that does not happen anywhere in the world.” He said and pointed out that the “abnormality” reaches the maximum level “Whoever produces the dollars, the source, does not own them.”.
About him Delay in payment of refunds He pointed out (in dollars) that it is “equivalent to the increase in Chinese imports for consumption,” and with regard to the value-added tax, he pointed out that AFIP decision of the previous government Which “also ends up delaying the return completely.” “Outside the law.”
As a result, Argentina today has approximately 9,000 export companies, which is a small number Less than Peru YumVery few more than in Chile At the rate at which Overseas sales focus on products with low added valueLanda said.
Correct these points, stabilize the rules of the game, and focus on competitiveness Less state intervention It would be a great step towards achieving equal opportunities. Towards normal life“, summed up.
Loose leg
Another point that resonates most with local manufacturers, linked to “level playing field,” is the demand promoted by the Argentine Industrial Union (UIA). Logistics infrastructure.
Industry-linked sources warn that the high growth forecast for… agriculturalthe Mining (lithium and copper) and energy (dead cow) turn “Flimsy”“If it is not accompanied by a large investment in freight railways; Trunk waterway road network and stations The river and nautical From deep water.
It defines what is possible bottleneck Due to the increased load on the navigable waterway that operates today 70/80% of its capacity.
In addition, shippers note that the volume of containers can reach 4 or 5 million TEU/yearBut they stress that there is no infrastructure with sufficient capacity; They also highlight that this situation “condemns” river ports Ports Feeder (nutrients), Shifting goods to ports in Uruguay or Brazil.