0
Home
News
Directory
E-newsletter
Magazine
Events
Data
AgReport
Subscribe
Argentina imported agrochemicals worth US$ 750 million
Jan. 17, 2017
Argentina imported agrochemicals worth US$ 750 million last year, a 25 percent increase over the 2015 figure, the Business Chamber of distributors of agrochemicals, seeds and related products in the Province of Córdoba has estimated.
Though the government relaxed imports, products did not find an unrestricted entrance into the country, it said.
The president of the Chamber, Pablo Bertone, explained that the National Service for Health and Food Quality (Senasa) increased the fees for new registrations, besides introducing a provision that importers need to identify themselves.
“As the process became more expensive, in a way it ended up regulating the market,” Bertone said. The local companies continue to complain about high rate of taxation that affects profitability. “There is a double impact on profitability – low sales in value per unit and high pressure of taxes,” he complained.
However, Bertone was optimistic about the projections for this year, mostly because corn and wheat production is expected to rise.
“Unlike soybeans, production in case of these crops, especially corn, will rise with the use of enhanced technology. Besides, prices have been stable in the last few months,” Bertone summarized.
Source: AgroNews
More from AgroNews
Change
Hot TopicSubscribe
| Subscribe Email: | * | |
| Name: | ||
| Mobile Number: | ||
Comment
0/1200
NEWSLETTER