International Merchandise Trade Statistics: Imports: Commodities for Argentina
ARGXTIMVA01CXMLQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,317,640,000.00
Year-over-Year Change
-17.61%
Date Range
1/1/1990 - 4/1/2025
Summary
This trend measures the total value of imported commodities in Argentina. It is a key indicator of the country's international trade and economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The International Merchandise Trade Statistics: Imports: Commodities for Argentina trend represents the dollar value of all imported goods and products into the Argentine economy. It is a widely used metric to analyze Argentina's trade balance, industrial production, and overall economic performance.
Methodology
This data is collected and reported by Argentina's National Institute of Statistics and Censuses (INDEC).
Historical Context
Policymakers and economists closely monitor this import data to assess Argentina's trade dynamics and competitiveness.
Key Facts
- Argentina is a major agricultural exporter but relies on imports for industrial and consumer goods.
- Import volumes are influenced by the peso exchange rate, domestic demand, and trade policies.
- Commodity imports account for over 70% of Argentina's total merchandise imports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of all commodities imported into Argentina, including raw materials, intermediate goods, and final consumer products.
Q: Why is this trend relevant for users or analysts?
A: This import data is a key indicator of Argentina's trade balance, industrial production, and overall economic performance, making it important for policymakers, businesses, and economists.
Q: How is this data collected or calculated?
A: The data is collected and reported by Argentina's National Institute of Statistics and Censuses (INDEC).
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor Argentina's import trends to assess the country's trade dynamics, competitiveness, and the potential impact on industries and consumers.
Q: Are there update delays or limitations?
A: There may be occasional delays in data reporting, and the figures can be subject to revisions by the statistical agency.
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Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Imports: Commodities for Argentina (ARGXTIMVA01CXMLQ), retrieved from FRED.