Food exports (% of merchandise exports) - South America
Definition: Food comprises the commodities in SITC sections 0 (food and live animals), 1 (beverages and tobacco), and 4 (animal and vegetable oils and fats) and SITC division 22 (oil seeds, oil nuts, and oil kernels).
Description: The map below shows how Food exports (% of merchandise exports) varies by country in South America. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the region is Paraguay, with a value of 69.01. The country with the lowest value in the region is Venezuela, with a value of 0.04.
Source: World Bank staff estimates through the WITS platform from the Comtrade database maintained by the United Nations Statistics Division.
See also: Country ranking, Time series comparison
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Limitations and Exceptions: Previous editions contained data based on the SITC revision 1. Data for earlier years in previous editions may differ because of the change in methodology. Concordance tables are available to convert data reported in one system to another.
Statistical Concept and Methodology: The classification of commodity groups is based on the Standard International Trade Classification (SITC) revision 3.
Aggregation method: Weighted average
Periodicity: Annual
General Comments: Merchandise export shares may not sum to 100 percent because of unclassified trade.