TRADE MISSION U.S. - SALTA (ARGENTINA)
“Discover the Untapped Business Opportunities in Salta”
On May 9, 2019, Advanced Leadership Foundation together with the Government of the province of Salta will bring together entrepreneurs and businesses from the United States and Salta to take part in the U.S. Department of Commerce Certified Trade Mission to the province. This Trade Mission aims to create networks between governments, companies and international professionals to facilitate trade and investment relations that will help improve the global economy and bilateral economic relations between nations.
Why join the Salta Trade Mission?
Argentina is the gateway to 43 million consumers, the third largest economy in all of Latin America with a world-class workforce known for its technical, creative and versatile skills.
Salta is located in the Northwest of Argentina together with Jujuy, Catamarca, Tucumán, La Rioja and Santiago del Estero. The region has around 155.488 km2, 1.333.365 inhabitants concentrating 3,1% of the country’s population, and a GDP per capita of US$ 5,492.29 (conversion date: 2014), which represents 1,56% of the country.
Salta has a strong identity due to its history, culture, economy and geopolitical characteristics, and its international borders with Chile, Bolivia and Paraguay put the region in a strategic position. Moreover, it is located at the center of the bio-ocean corridor, which is comprised of the South American West-Central Zone. For these reasons, Salta has become the nucleus of commerce, culture and communication in this region of the continent.
The Government of Salta supports U.S. companies interested in pursuing trade and investment in its territory with economic incentives and business investments. In addition, the Ministry of Environment and Sustainable Production of the Province of Salta is formally collaborating with the organization of the Trade Mission.
Thanks to new economic policies between the United States and Argentina, U.S. companies have many more opportunities to expand their business in the region, establish local associations and export their goods and services to the southern country.
Doing Business in Salta
Salta has a highly qualified labor force, a stable political environment, as well as favorable tax incentives that have transformed Salta into one of the most relevant economic and tourist centers in Argentina.
The main products in the northwest of Salta are related to the agroindustry, including produce such as sugarcane, citrus, tropical fruits, vegetables and wood. This region is known as the ‘Green North’ due to its high temperatures and abundant rain. There is great opportunity for cattle raising in the region. In addition, the region is widely known for its oil and gas production.
The east region of Salta primarily produces cattle and agriculture, mainly crops and intensive production such as soybeans, cotton, and beans, among others.
In central Salta in the Calchaquíes Valley, agricultural practices are carried out exclusively with little irrigation. The main produce resulting from this practice are crops such as garlic, onion, cumin and paprika, and grapes/wine. The region is famous for producing wines of excellent quality and has renowned international brands. Goats and sheep farming are also prominent.
The Lerma Valley, also located in the central region, is a temperate area. Production includes Virginia tobacco crops and leafy vegetables. In the Sianca Valley, sugarcane cultivation and dairy farming stand out.
The area near the mountain range is optimal for dry crops such as soybeans, beans and corn. Cattle farming consists of breeding and also wintering in the areas that are available for irrigation.
Finally, the west province or "Cordillerana Region" is famous for mining activities. There are deposits of lithium, sulfur, borates, marble, barite, pearlite, copper, zinc, lead, silver and manganese.
Exclusive Benefits for Participants
Through our sponsors, the trade mission is specially designed to provide U.S. companies in each province or region of interest with:
- Sectorial market analysis and Q&A guides on how to do business in Salta.
- Customized business matchmaking services with local leads (vendors distributors, investors and/or partners).
- Presentations on Argentinian funding opportunities for economic and business development.
- High-level relationship building opportunities to establish relationships with local partners, public officials and decision-makers.
- The ideal environment for building key relationships, promoting joint ventures and bilateral agreements.
Industry-Specific Opportunities
Salta offers opportunities for business and investment in key sectors such as agriculture and agroindustry, including the citrus, wine, legume and renewable energies industries.
Agriculture – Citrus: Salta offers a diverse citrus production, including grapefruits, oranges, mandarins and lemons. The various types of citrus extend the product supply season. Grapefruit exports and volume have decreased but are in accordance with the certification conditions and implementation of specific SENASA regulations, allowing exports mainly to the E.U. Lemon production has increased over the past several years and is integral to the agricultural industry and to the province of Tucuman.
Agriculture – Crops, Legumes: This sector is key for opening foreign markets, as most of its production is for exports. Salta, with its 42 microclimates, allows the utilization of a wide range of production options for intensive and extensive crops. The extensive crops are beans, corn, soybeans, sorghum, wheat, peanuts, and others. Legumes are one of the major opportunities of this Mission. Salta is the number one legume producer in Argentina, providing 35.3% of legume production and over 55% of beans, contributing to the country's position as the world's largest beans exporter.
Renewable Energy – The availability of renewable energy resources (mainly solar and biomass), reliable technologies and the existing interaction between multiple actors constitute great opportunities in this sector. Salta was the first province in the country to provide an adequate legal framework for the promotion of this sector. Moreover, it has put in place the enactment of two laws that make up the Provincial Plan for Renewable Energy, aiming to increase the installed capacity from a 5.44% baseline (2014) to 20% in 2030. Salta has the highest insulation rates in the country, which means they are an enormous solar resource. In addition, a number of policies are in place to promote renewable energy, aligning efforts from the provincial Government, its municipalities and the legal security of the Province. Moreover, Salta is one of the main destinations for investments in this area.
Agroindustry – Wine: The Argentine viticulture sector has expanded exponentially during the last decade, in large part due to investments in vineyards and quality grapes, improved processing and industry collaboration to promote itself abroad. Salta, a historically renowned province with centenary wines, has witnessed its industry grow in quality and quantity, above the national average. In the last decade, there has been a 286% increase in the number of wineries that produce in the province, from 15 to 43 establishments. With the slogan of the “Vinos de Altura” (Premium Wines), the wineries and the province also promote their products abroad, with the participation in trade fairs and missions. The outcomes are evident: today, 1.5 million premium wines are exported to 30 countries, and even Salta still produces only 1.5% of the country's total, it contributes approximately 10% of Argentine sales abroad.
How to Get to Salta
The Trade Mission will begin in Buenos Aires, the capital of Argentina. Major airlines provide direct or connecting flights to Buenos Aires from key cities in the U.S. (Atlanta, Dallas, Houston, Miami, New York, etc.) including: Aerolineas Argentinas, Air Canada, American Airlines, COPA, Delta, LATAM and United Airlines.
Once participants arrive, Advanced Leadership will take care of all travel arrangements to ensure they have a relaxed transport to Salta. The short flight is roughly 2h from Buenos Aires.
What is Included?
Confirmed participants will be responsible for their roundtrip airfare to and from Buenos Aires International Airport (EZE). While in country, ALF will take care of all travel arrangements between Buenos Aires and Salta. Furthermore, the Foundation will cover participants’ lodging, meals, briefing seminars, market feasibility studies and customized business matchmaking services as part of the Salta Trade Mission. Should participants wish to stay several days in Buenos Aires before and/or after the trade mission, the Foundation will secure special hotel pricing for participants.
About Our Team
The Advanced Leadership Foundation leads U.S. Certified Trade Missions with local partners worldwide. In collaboration with local governments, we identify companies with complimentary objectives, curate business relationships and create the ideal trade environment to foster new business opportunities between companies. For more information please visit www.aleadership.org
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