Despite fluctuations in Argentina's ores and metals exports over the past decade, there was a significant decline from 2018 onwards. In 2023, the value stood at 0.25 Units of Goods Exports, marking an -8.85% year-on-year decrease from 2022. The last two years saw a general downward trend, with a -11.72% CAGR over the past five years.
Future forecasts suggest a stabilizing trend, with a slight annual growth forecasted at 0.79% CAGR from 2024 to 2028, reaching values around 0.27 Units by 2028. Watch for trends in global demand and local mining policies impacting exports.
- 2013: -21.74% YoY, -0.14% CAGR
- 2014: 2.72% YoY, -2.77% CAGR
- 2015: -15.78% YoY, -8.52% CAGR
- 2016: 16.93% YoY, -3.98% CAGR
- 2017: -0.77% YoY, -4.71% CAGR
- 2018: -85.1% YoY, -31.61% CAGR
- 2019: -7.36% YoY, -33.01% CAGR
- 2020: -50.51% YoY, -39.77% CAGR
- 2021: -74.34% YoY, -55.53% CAGR
- 2022: 400.13% YoY, -38.54% CAGR
- 2023: -8.85% YoY, -11.72% CAGR
- 2028: Forecasted 0.79% 5-year CAGR, 4.02% 5-year growth rate