Wheat — Terms of trade in Argentina
Argentina: Wheat — Terms of trade was 52.58 % in 2024. ◆ Volatile
Wheat — Terms of trade in Argentina, 2010–2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
Argentina recorded 52.58 % for wheat — terms of trade in 2024.
That represents a change of down 52.0% on the previous year and down 45.7% over ten years.
Over the whole period, wheat — terms of trade in Argentina peaked at 651.03 % in 2016 and was at its lowest, 37.48 %, in 2018.
Argentina ranks 63rd of 80 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Wheat — Terms of trade in Argentina, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 71.29 % | — |
| 2011 | 61.77 % | -13.4% |
| 2012 | 98.21 % | +59.0% |
| 2013 | 325.34 % | +231.3% |
| 2014 | 96.84 % | -70.2% |
| 2015 | 62.56 % | -35.4% |
| 2016 | 651.03 % | +940.6% |
| 2017 | 38.5 % | -94.1% |
| 2018 | 37.48 % | -2.6% |
| 2019 | 141.24 % | +276.8% |
| 2020 | 52.3 % | -63.0% |
| 2021 | 120.03 % | +129.5% |
| 2022 | 90.09 % | -24.9% |
| 2023 | 109.46 % | +21.5% |
| 2024 | 52.58 % | -52.0% |
Argentina compared with similar countries
- Argentina's 52.58 % is below the median for upper middle income countries, which is 81.35 %, 65% of the median. (21 countries reporting)
- Argentina's 52.58 % is below the median for Latin America & Caribbean, which is 76.1 %, 69% of the median. (12 countries reporting)
Biggest year-on-year movements
Years where Wheat — Terms of trade in Argentina changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2016 | +940.6% | 62.56 % | 651.03 % |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 158.43 % | 37.48 % | 651.03 % | 10 |
| 2020s | 84.89 % | 52.3 % | 120.03 % | 5 |
Countries ranked near Argentina
More agriculture & rural data for Argentina
- Agriculture, forestry, and fishing, value added (current US$), annual 1.97 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0553 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 824.26 current US$ per person (2025)
- Rural population, annual growth rate -0.6693 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.0765 units per person (2025)
- Share of GDP from agriculture 5.5% (2025)
- Agriculture as a share of GDP vs. GDP per capita 5.5% (2025)
- Agricultural raw materials exports 0.6% (2024)
- Agricultural raw materials imports 0.8% (2024)
Frequently asked questions
- What is wheat — terms of trade in Argentina?
- Wheat — terms of trade in Argentina was 52.58 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest wheat — terms of trade recorded in Argentina?
- The highest recorded value was 651.03 % in 2016.
- What is the lowest wheat — terms of trade recorded in Argentina?
- The lowest recorded value was 37.48 % in 2018.
- How does Argentina rank for wheat — terms of trade?
- Argentina ranks 63rd out of 80 countries with data for 2024.
- Is wheat — terms of trade rising or falling in Argentina?
- Over the last ten years it is down 45.7%. The long-run trend across the full record is volatile.
- Where does this Argentina data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Wheat — Terms of trade. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK