Australia vs Latin America & Caribbean: Merchandise exports by the reporting economy
Merchandise exports by the reporting economy over time
- Australia
- Latin America & Caribbean
How they compare
Latin America & Caribbean currently reports 1.36 trillion current US$ against 362.30 billion current US$ in Australia, a difference of 995.50 billion current US$.
That makes Latin America & Caribbean's figure about 3.7 times Australia's.
Across all 64 years both countries report, Latin America & Caribbean has been ahead every year.
Australia ranks 20th and Latin America & Caribbean ranks 20th of 206 countries.
Latin America & Caribbean has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Australia | Latin America & Caribbean | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 2.80 billion current US$ | 9.56 billion current US$ | 6.76 billion current US$ | Latin America & Caribbean |
| 1970s | 10.29 billion current US$ | 34.36 billion current US$ | 24.07 billion current US$ | Latin America & Caribbean |
| 1980s | 23.58 billion current US$ | 90.23 billion current US$ | 66.65 billion current US$ | Latin America & Caribbean |
| 1990s | 48.38 billion current US$ | 200.76 billion current US$ | 152.38 billion current US$ | Latin America & Caribbean |
| 2000s | 103.74 billion current US$ | 533.03 billion current US$ | 429.30 billion current US$ | Latin America & Caribbean |
| 2010s | 232.22 billion current US$ | 988.97 billion current US$ | 756.75 billion current US$ | Latin America & Caribbean |
| 2020s | 336.39 billion current US$ | 1.21 trillion current US$ | 875.89 billion current US$ | Latin America & Caribbean |
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?
- Latin America & Caribbean, at 1.36 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?
- 995.50 billion current US$, with Latin America & Caribbean ahead.
- How many years of comparable data are there for Australia and Latin America & Caribbean?
- 64 years are reported by both, from 1960 to 2023.
- How do Australia and Latin America & Caribbean rank globally for merchandise exports by the reporting economy?
- Australia ranks 20th and Latin America & Caribbean ranks 20th of 206 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Merchandise exports by the reporting economy (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
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$.