Argentina has a vast abundance of
natural resources, a highly literate population, an export-oriented
agricultural sector and a diversified industrial base. The country
maintains a relatively high standard of living.
accounts for roughly 10% of GDP and nearly one-third of exports. Soy
and vegetable oils are major export commodities at 32% of exports.
Cattle is also a major industry. Mining is rising in the northwest
provinces - metals including: gold, silver, zinc, magnesium, copper,
sulfur, tungsten and uranium. Manufacturing is the nation's leading
single sector in GDP output, with 35% of the share. Leading sectors
are motor vehicles, auto parts, and transportation and farming
equipment. Telecommunications has also been growing at a fast pace;
however, the service sector is the biggest contributor to total GDP.
Argentina produces energy in large part through well-developed
hydroelectric resources and nuclear energy.