Argentine exports rose 47 percent during the same period.

One bright spot has been the recent spike in the price of soy, a major Argentine export.

Further, bilateral trade in goods hit the $625 million mark in 2005, with Argentine exports accounting for the majority of the trade at $452.5 million.

Exports were less affected, but the value of Argentine exports did not surpass the 1889 peak until 1898.

Traffic at the complex accounts for 50% of the Argentine exports of soybean products.

But any further tightening of interest rates by the United States would strengthen the peso along with the dollar, further depressing Argentine exports.

It holds one fifth of the total production in the country, and 90% of the Argentine exports of dairy products.

Britain later reopened its ports to Argentine exports.

Argentine exports are fairly well diversified.

Industrial goods today account for over a third of Argentine exports.