"Province 25", the economic phenomenon of shopping tourism in Argentina

24-05-23

The massive purchases by neighbours from neighbouring countries taking advantage of the exchange rate gap is generating a phenomenon called "Province 25" by some consumer specialists, due to the magnitude of the operations involved.

The "buying tours" are not aimed at goods of the so-called "durable consumption", but at mass consumption products, and generate the formation of a kind of "Province 25" due to the magnitude of the operations involved, according to a report by the Fundación Mediterránea.

The wave of buyers from neighbouring countries crossing the border has recently reached places such as Mendoza, which is several hours' drive from the nearest Chilean cities.