Wheat — Terms of trade in Argentina

Argentina: Wheat — Terms of trade was 52.58 % in 2024. ◆ Volatile

Latest (2024)
52.58 %
Change on year
down 52.0%
World rank
63rd
of 80 countries
All-time high
651.03 %
in 2016
All-time low
37.48 %
in 2018
Years of data
15
2010–2024

Wheat — Terms of trade in Argentina, 2010–2024

02004006002010201720242010: 71.3 %2011: 61.8 %2012: 98.2 %2013: 325.3 %2014: 96.8 %2015: 62.6 %2016: 651 %2017: 38.5 %2018: 37.5 %2019: 141.2 %2020: 52.3 %2021: 120 %2022: 90.1 %2023: 109.5 %2024: 52.6 %

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.

Averages by decade

DecadeAverage LowestHighest Years
2010s 158.43 % 37.48 % 651.03 % 10
2020s 84.89 % 52.3 % 120.03 % 5

Countries ranked near Argentina

  1. 60 Cyprus 67.91 % compare
  2. 61 Malaysia 65.44 % compare
  3. 62 Russian Federation 65.19 % compare
  4. 64 Guyana 52.17 % compare
  5. 65 Lebanon 51.19 % compare
  6. 66 Lithuania 50.47 % compare

See the full ranking of 86 places →

More agriculture & rural data for Argentina

All data for Argentina →

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.

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Wheat — Terms of trade in Argentina. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 20 August 2026, from https://agriculture.statizoid.com/stat/wheat-terms-of-trade/argentina/

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About this data

Indicator
Wheat — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
86 places, 1,204 data points, 2010–2024
Last refreshed

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