Mendoza Economy and Investment Guide
Mendoza’s investment case is broader than wine, but wine remains its clearest international calling card.
According to 2025 data from Argentina’s National Institute of Statistics and Censuses (INDEC), Mendoza exported US$1.539 billion in goods. Manufactures of agricultural origin represented US$995 million, and beverages, alcoholic liquids and vinegar were the largest export subcategory at US$627 million. Total exports fell 4.1% from 2024. These figures show the scale of Mendoza’s export base alongside its exposure to changing market conditions.
Mendoza also has an established oil industry, accounting for 6.4% of Argentina’s crude-oil production in the third quarter of 2025. Its share of national gas production3 was smaller, at 0.9%.
Other sectors of interest include renewable generation, mining and logistics connecting Argentina with Chile and Pacific ports. Project status, environmental conditions and transport reliability affect the scope and timing of those opportunities. International air connectivity is another area for examination, including the potential for additional direct routes.
Economic snapshot
Mendoza combines an internationally recognized wine economy with established agroindustry, oil production, tourism, export institutions and access to the principal road corridor between Argentina and central Chile. The Andes form a substantial barrier to east–west road transport; the Cristo Redentor / Los Libertadores crossing provides a gateway through it.
Figure 1. The Mendoza–Chile road gateway. Sources: Argentina’s official Cristo Redentor profile5; Chile’s Ministry of Public Works6.
Schematic by KnowArgentina; not to scale.
Agricultural-origin manufactures account for almost two-thirds of Mendoza’s 2025 goods exports. This concentration supports specialized suppliers and international recognition, while exposing the province to sector-specific demand, price and climate risks.
Export Markets and Commercial Reach
ProMendoza reports exports to 135 destinations in 2025. Brazil was the largest individual market at approximately US$409 million, followed by the United States at US$259 million and Chile at US$118 million. The United Kingdom, Uruguay, Canada, Mexico, China, Spain and Paraguay also appeared among the leading destinations.
For annual export totals and a breakdown by product category, consult INDEC's provincial export report.
Wine, Hospitality and Adjacent Services
Wine is both an export industry and a platform for hospitality, land management, design, logistics, professional services and branded experiences. Mendoza accounted for 71.7% of Argentina’s vineyard area in 2025, with 140,682 hectares across 14,371 vineyards, according to the National Institute of Vitiviniculture’s Annual Vineyard Report.
The Vines of Mendoza offers private vineyard ownership supported by professional farming and winemaking services, allowing international owners to produce their own wines without managing day-to-day vineyard operations themselves.
Oil, Gas & Energy
Mendoza remains one of Argentina’s significant oil-producing provinces, although its national share has declined as Neuquén’s output has expanded. The province represented 7.3% of national crude-oil output in the first quarter of 2025 and 6.4% in the third. Gas is a smaller part of the national picture, with Mendoza at 0.9% of output in the third quarter.
Provincial energy company EMESA announced new solar capacity and a broader pipeline during 2025, including the 90 MW Solar Aconcagua and 25 MW Aconcagua III projects entering the wholesale market. EMESA also described a larger investment plan. The announced pipeline includes opportunities in generation and electricity infrastructure.
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