Argentina - Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports)

Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports) in Argentina was 37.79 as of 2020. Its highest value over the past 60 years was 37.79 in 2020, while its lowest value was 1.38 in 1960.

Definition: Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions 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 1.38
1961 1.90
1962 3.37
1963 1.55
1964 7.37
1965 6.61
1966 6.19
1967 1.67
1968 1.45
1969 1.82
1970 1.97
1971 1.94
1972 1.70
1973 8.23
1974 11.50
1975 8.12
1976 4.81
1977 8.40
1978 6.01
1979 7.63
1980 7.26
1981 5.53
1982 11.03
1983 19.60
1984 15.15
1985 16.50
1986 16.00
1987 11.92
1988 13.65
1989 14.09
1990 14.51
1991 12.24
1992 13.11
1993 10.70
1994 9.42
1995 11.35
1996 15.99
1997 16.45
1998 13.98
1999 15.17
2000 14.36
2001 17.67
2002 18.28
2003 21.14
2004 22.05
2005 23.83
2006 23.02
2007 25.62
2008 25.63
2009 23.30
2010 25.91
2011 25.95
2012 24.79
2013 27.27
2014 29.27
2015 32.85
2016 34.76
2017 32.96
2018 30.50
2019 36.31
2020 37.79

Development Relevance: Although global integration has increased, low- and middle-income economies still face trade barriers when accessing other markets.

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