Nominal Exports of Goods and Services for Argentina
NXNSAXDCARQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24,684,416.40
Year-over-Year Change
920.29%
Date Range
1/1/2004 - 1/1/2025
Summary
The Nominal Exports of Goods and Services for Argentina tracks the total value of goods and services exported from Argentina. This metric is a key indicator of Argentina's trade performance and international economic integration.
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 Nominal Exports of Goods and Services for Argentina measures the monetary value of all goods and services exported from Argentina to other countries. It includes both physical merchandise exports as well as exported services like tourism, finance, and transportation.
Methodology
This data is collected by Argentina's national statistical agency through surveys of exporting firms and service providers.
Historical Context
Policymakers and analysts use this export data to assess Argentina's trade balance, competitiveness, and economic growth.
Key Facts
- Argentina's nominal exports peaked at $93.8 billion in 2011.
- Exports account for around 20% of Argentina's total GDP.
- China is Argentina's largest export destination, receiving over 7% of total exports.
FAQs
Q: What does this economic trend measure?
A: The Nominal Exports of Goods and Services for Argentina tracks the total monetary value of all goods and services exported from Argentina to other countries.
Q: Why is this trend relevant for users or analysts?
A: This export data is a key indicator of Argentina's trade performance, international competitiveness, and overall economic growth.
Q: How is this data collected or calculated?
A: The data is collected by Argentina's national statistical agency through surveys of exporting firms and service providers.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this export data to assess Argentina's trade balance, economic competitiveness, and growth prospects.
Q: Are there update delays or limitations?
A: There can be several months' delay in publishing the latest export data due to the time required for data collection and compilation.
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Citation
U.S. Federal Reserve, Nominal Exports of Goods and Services for Argentina (NXNSAXDCARQ), retrieved from FRED.