Australia vs Latin America & Caribbean (excluding high income): Merchandise exports by the reporting economy

Australia
362.30 billion current US$
in 2023
Latin America & Caribbean (excluding high income)
1.22 trillion current US$
in 2023
Australia rank
20th
Latin America & Caribbean (excluding high income) rank
23rd

Merchandise exports by the reporting economy over time

  • Australia
  • Latin America & Caribbean (excluding high income)
0250.0B500.0B750.0B1.0T1.2T196019912023

How they compare

Latin America & Caribbean (excluding high income) currently reports 1.22 trillion current US$ against 362.30 billion current US$ in Australia, a difference of 854.44 billion current US$.

That makes Latin America & Caribbean (excluding high income)'s figure about 3.4 times Australia's.

Across all 64 years both countries report, Latin America & Caribbean (excluding high income) has been ahead every year.

Australia ranks 20th and Latin America & Caribbean (excluding high income) ranks 23rd of 206 countries.

Latin America & Caribbean (excluding high income) has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Australia Latin America & Caribbean (excluding high income) Difference Ahead
1960s 2.80 billion current US$ 8.09 billion current US$ 5.29 billion current US$ Latin America & Caribbean (excluding high income)
1970s 10.29 billion current US$ 28.07 billion current US$ 17.78 billion current US$ Latin America & Caribbean (excluding high income)
1980s 23.58 billion current US$ 77.32 billion current US$ 53.74 billion current US$ Latin America & Caribbean (excluding high income)
1990s 48.38 billion current US$ 179.63 billion current US$ 131.25 billion current US$ Latin America & Caribbean (excluding high income)
2000s 103.74 billion current US$ 471.90 billion current US$ 368.17 billion current US$ Latin America & Caribbean (excluding high income)
2010s 232.22 billion current US$ 884.79 billion current US$ 652.57 billion current US$ Latin America & Caribbean (excluding high income)
2020s 336.39 billion current US$ 1.08 trillion current US$ 742.39 billion current US$ Latin America & Caribbean (excluding high income)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise exports by the reporting economy, Australia or Latin America & Caribbean (excluding high income)?
Latin America & Caribbean (excluding high income), at 1.22 trillion current US$ against 362.30 billion current US$ in Australia as of 2023.
What is the difference in merchandise exports by the reporting economy between Australia and Latin America & Caribbean (excluding high income)?
854.44 billion current US$, with Latin America & Caribbean (excluding high income) ahead.
How many years of comparable data are there for Australia and Latin America & Caribbean (excluding high income)?
64 years are reported by both, from 1960 to 2023.
How do Australia and Latin America & Caribbean (excluding high income) rank globally for merchandise exports by the reporting economy?
Australia ranks 20th and Latin America & Caribbean (excluding high income) ranks 23rd of 206 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise exports by the reporting economy (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Latin America & Caribbean (excluding high income): Merchandise exports by the reporting economy. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 15 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-by-the-reporting-economy-current-us/australia/latin-america-and-caribbean-excluding-high-income/

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About this data

Indicator
Merchandise exports by the reporting economy (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,488 data points, 1960–2023
Last refreshed

Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.