Argentina - Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies (% of total merchandise exports) in Argentina was 37.12 as of 2020. Its highest value over the past 60 years was 82.69 in 1961, while its lowest value was 36.35 in 2014.

Definition: Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 81.03
1961 82.69
1962 79.31
1963 80.41
1964 73.04
1965 70.51
1966 71.59
1967 77.43
1968 73.64
1969 76.08
1970 77.44
1971 80.17
1972 78.41
1973 69.59
1974 61.86
1975 54.66
1976 62.04
1977 63.75
1978 64.62
1979 63.11
1980 51.51
1981 43.38
1982 49.43
1983 45.29
1984 47.71
1985 46.82
1986 54.02
1987 55.31
1988 55.12
1989 51.86
1990 57.07
1991 59.13
1992 57.24
1993 54.14
1994 52.44
1995 45.42
1996 44.34
1997 40.48
1998 42.30
1999 51.27
2000 49.18
2001 48.25
2002 52.28
2003 52.86
2004 48.93
2005 47.79
2006 45.16
2007 42.05
2008 42.17
2009 43.68
2010 39.37
2011 39.33
2012 39.01
2013 36.58
2014 36.35
2015 37.26
2016 39.11
2017 39.94
2018 39.35
2019 36.68
2020 37.12

Development Relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies. At the regional level most exports from low- and middle-income economies are to high-income economies, but the share of intraregional trade is increasing. Geographic patterns of trade vary widely by country and commodity. Larger shares of exports from oil- and resource-rich economies are to high-income economies.

Limitations and Exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports