71000 v2 Argentina: Trade At-A-Glance Dec-08 2007 GDP 2007 GDP 2007 Share 2007 Trade Membership No. of RTAs/ EIAs (millions) per capita in World Trade per capita GATT WTO Goods Services $258,931 $6,557 0.33% $2,802 1967 1995 3 1 Argentina TRADE PERFORMANCE ‡ LAC Ranking Decile TP Upper mid inc TRADE POLICY (TP) (out of 125) 100 8 EXTERNAL ENVIRONMENT (EE) (out of 126) 65 6 TO EE INSTITUTIONAL ENVIRONMENT (IE) (out of 181) 113 7 TRADE FACILITATION (TF) (out of 151) 45 3 TRADE OUTCOME (TO) (out of 161) 28 2 TF IE ‡ Rankings are based on the "representative" indicators (in bold) in each group below for the latest year Outer bound represents best value in latest year TRADE POLICY (TP)  1995-99^ 2000-04^ 2005-07^ Latest^ Trade Tariff Restrictiveness Index (MFN applied tariffs)& 14.9 11.7 11.4 * TTRI (applied tariffs including preferences) & .. 5.1 5.1 * TTRI Overall TRI (OTRI, applied tariffs incl. prefs.+NTMs)& .. 9.3 9.3 * (MFN) Other trade policy indicators MFN applied tariff - simple avg (%) 13.6 13.6 12.1 12.2 Applied Dispersion (coefficient of variation) 0.5 0.5 0.8 0.9 tariff (wgt avg) Maximum rate 31.2 32.4 153.1 207.3 Agriculture - simple avg (%) 11.1 11.7 10.1 10.3 Import Nonagriculture - simple avg (%) 14.0 13.9 12.4 12.5 duties MFN applied tariff - trade weighted avg (%) 13.8 13.0 12.7 11.3 MFN zero-duty imports (% in total imports) 7.7 4.8 19.8 22.1 * Applied tariff (incl. prefs.) - trade weighted avg (%) 12.5 10.1 5.4 5.2 Nontariff measures Agriculture 9.9 8.1 3.4 3.4 Nonagriculture 12.7 10.2 5.5 5.3 0 20 40 60 80 Applied tariff (incl. prefs.) - production weighted avg (%) .. 6.8 7.2 * LAC Upper mid inc Argentina Applied tariff (incl. prefs.) escalation (finished% minus raw%) 4.3 6.9 6.6 Agriculture .. 5.9 5.6 5.6 Nonagriculture .. 4.3 7.2 6.9 Import duties (% of imports) .. 3.7 .. .. Services commit. Tariff overhang (MFN bound less MFN applied rate,%) 18.3 18.2 19.9 19.5 Bound tariff frequency ratio (% of total lines) 100.0 100.0 100.0 100.0 * Specific tariffs frequency ratio (%) 0.4 0.0 4.6 7.1 0 40 80 Non-tariff measures frequency ratio (%) .. 69.7 .. .. LAC Upper mid inc Argentina Overall GATS commitment index (0-100, best) .. 42.2 42.2 EXTERNAL ENVIRONMENT (EE)  1995-99^ 2000-04^ 2005-07^ Latest^ MA-TTRI (applied tariffs incl. prefs.)& 4.3 3.0 * MA-OTRI (applied tariffs incl. prefs.+NTMs)& 22.3 16.3 * MA-TTRI Other external environment indicators ROW applied tariff (incl. prefs.) - weighted avg (%) 14.5 10.6 4.0 2.7 * MFN duty free Agriculture 17.6 15.2 6.4 4.1 * (exports) Nonagriculture 11.7 7.0 1.9 1.7 * MFN zero-duty exports (% of total exports) 16.6 22.0 34.5 35.0 * Value of prefer Exports with FTA / CU partners (% of total exports) 30.4 19.1 20.3 21.3 * Preferences (EU+U.S.) utilization rate (%) .. .. 93.3 87.4 * 0 1 Lowest Highest Preferences (EU+U.S.) actual value (% of exports) .. .. 0.8 0.9 * LAC Upper mid inc Argentina Real effective exchange rate (% change,+ =apprec.) .. .. .. .. ^ Indicators shown are period averages, incl. growth rates. Latest indicates 2008; when not available, 2006 or 2007 is used(noted by *). For more infor., see User's Guide at http://www.worldbank.org/wti2008. ŸMFN: most favored nation; NTM: nontariff measures; MA: market access; ROW: rest of the world; FTA: free trade agreement; CU: customs union; WTO: World Trade Organization GATT: General Agreement on Tariffs and Trade; WGI: World Government Indicators; ".." indicates missing value; RTA/EIA: regional trade arrangement / economic integration arrangement; & 2007 are preliminary estimates Argentina Trade At-A-Glance Dec-08 INSTITUTIONAL ENVIRONMENT (IE) 2004 2006 2007 2008 Ease of Doing Business (rank out of 181) .. .. 102 113 Starting a business (rank) .. .. 117 135 Enforcing contracts (rank) .. .. 45 135 Ease of Doing Closing a business (rank) .. 68 45 Business Other institutional environment indicators WGI - Regulatory Quality (-2.5 to +2.5, best) -0.18 -0.09 -0.14 .. 0 80 160 WGI - Rule of Law (-2.5 to +2.5, best) -0.73 -0.53 -0.52 .. LAC Upper mid inc Argentina WGI - Control of Corruption (-2.5 to +2.5, best) -0.41 -0.40 -0.45 .. TRADE FACILITATION (TF) 1995-99^ 2000-04^ 2005-07^ Latest^ Logistics Performance Index (LPI, 1 to 5 best) .. .. 3.0 3.0 * Efficiency of customs and other border procedures .. .. 2.6 2.6 * Logistic Index Quality of transport and IT infrastructures .. .. 2.8 2.8 * International transportation costs .. .. 3.0 3.0 * Logistics competence .. .. 3.0 3.0 * Trading Trackability of shipments .. .. 3.0 3.0 * Across Borders Domestic transportation costs .. .. 2.8 2.8 * Timeliness of shipment .. .. 3.5 3.5 * Other trade facilitation indicators UNCTAD Shipping Doing Business - Trading Across Borders (rank out of 181) .. 115 106 No. of documents required for exports .. .. 9 9 No. of days process required for exports .. .. 16 13 Telephones Cost to export (US$ per container) .. .. 1,325 1,480 per 100 No. of documents required for imports .. .. 7 7 No. of days process required for imports .. .. 20 18 Secondary Cost to import (US$ per container) .. .. 1,825 1,810 enrollment Liner shipping connectivity index (0-100 best) .. .. 23.5 25.6 Telephones and mobiles per 100 people 23.9 43.6 104.2 126.3 * 0 Lowest 1 Highest Average cost of 3-minute call to U.S. (US$) 5.1 .. .. .. LAC Upper mid inc Argentina Internet usage (per 100 people) 0.9 11.1 20.7 23.6 * Secondary gross school enrollment (%) 91.6 93.4 84.4 .. TRADE OUTCOME (TO) ## 1995-99^ 2000-04^ 2005-07^ Latest^ Real growth in trade of goods and services (%) 7.8 1.7 13.6 12.1 16 14 13.6 Exports 10.3 4.5 9.4 2.7 12 12.1 10 Imports 6.3 2.7 16.1 22.2 9.1 8.8 8 7.8 7.9 Other trade outcome indicators 6 5.9 5.0 6.4 4 3.7 Trade integration (trade as % of GDP) 21.9 34.3 44.9 50.5 2 1.7 FDI inflow (% of GDP) 3.8 2.1 2.4 2.0 0 1995-99 2000-04 2005-07 2008 World trade share growth (%) 0.1 -5.7 3.5 7.1 Trade Growth Rate Exports 2.0 -2.0 2.0 3.2 Argentina LAC Upper mid inc Imports -0.9 -6.7 5.5 12.2 Merchandise share in total exports (%) 84.4 86.2 85.6 86.1 Exports Share (2005-07) Agriculture 44.8 41.3 40.6 39.7 * Service, Manufacturing 27.9 26.0 27.0 27.5 * 14.4 Mining, fuel and others 11.7 18.9 18.4 18.5 * Service share in total exports (%) 15.6 13.8 14.4 13.5 Agric, Mining, 40.6 Tourism 9.4 6.9 6.1 6.4 * 18.4 Transportation 3.8 2.9 2.6 2.5 * Other services 2.4 4.0 5.6 6.1 * Export product concentration index (0 to 100, highest) 13.5 14.3 13.3 13.0 * Manuf, Export market concentration index (0 to 100, highest) 32.0 28.1 25.3 25.1 * 27.0 Top 5 exports share (% of merchandise exports) .. .. 35.4 37.5 * Top 5 exports (SITC Rev. 2; 3 digit) ( 081) Animal feed (421) Vegetable oil and fat ( 222) Oil seeds (334) Heavy Petroleum oils ( 044) Maize ^ Indicators shown are period averages, incl. growth rates. Latest indicates 2008; when not available, 2006 or 2007 is used (noted by *). For more info., see User's Guide at http://www.worldbank.org/wti2008 ## Most outcome indicators (mostly through 2007) are from the WDI (World Bank, Data Group), UNCTAD or COMTRADE; for filling gaps and 2008, data from the Prospects Group are used.