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

Latin America & Caribbean (excluding high income)
1.22 trillion current US$
in 2023
Saudi Arabia
322.17 billion current US$
in 2023
Latin America & Caribbean (excluding high income) rank
23rd
Saudi Arabia rank
23rd

Merchandise exports by the reporting economy over time

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

How they compare

Latin America & Caribbean (excluding high income) currently reports 1.22 trillion current US$ against 322.17 billion current US$ in Saudi Arabia, a difference of 894.57 billion current US$.

That makes Latin America & Caribbean (excluding high income)'s figure about 3.8 times Saudi Arabia's.

The two have swapped places 4 times across 60 shared years of data; in 1964 it was Latin America & Caribbean (excluding high income) ahead.

Latin America & Caribbean (excluding high income) ranks 23rd and Saudi Arabia ranks 23rd of 47 groups.

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

Head to head by decade

Decade Latin America & Caribbean (excluding high income) Saudi Arabia Difference Ahead
1960s 8.94 billion current US$ 1.49 billion current US$ 7.44 billion current US$ Latin America & Caribbean (excluding high income)
1970s 28.07 billion current US$ 23.98 billion current US$ 4.09 billion current US$ Latin America & Caribbean (excluding high income)
1980s 77.32 billion current US$ 47.86 billion current US$ 29.46 billion current US$ Latin America & Caribbean (excluding high income)
1990s 179.63 billion current US$ 48.43 billion current US$ 131.20 billion current US$ Latin America & Caribbean (excluding high income)
2000s 471.90 billion current US$ 239.07 billion current US$ 232.84 billion current US$ Latin America & Caribbean (excluding high income)
2010s 884.79 billion current US$ 342.10 billion current US$ 542.69 billion current US$ Latin America & Caribbean (excluding high income)
2020s 1.08 trillion current US$ 297.32 billion current US$ 781.46 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, Latin America & Caribbean (excluding high income) or Saudi Arabia?
Latin America & Caribbean (excluding high income), at 1.22 trillion current US$ against 322.17 billion current US$ in Saudi Arabia as of 2023.
What is the difference in merchandise exports by the reporting economy between Latin America & Caribbean (excluding high income) and Saudi Arabia?
894.57 billion current US$, with Latin America & Caribbean (excluding high income) ahead.
How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Saudi Arabia?
60 years are reported by both, from 1964 to 2023.
How do Latin America & Caribbean (excluding high income) and Saudi Arabia rank globally for merchandise exports by the reporting economy?
Latin America & Caribbean (excluding high income) ranks 23rd and Saudi Arabia ranks 23rd of 47 groups.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise exports by the reporting economy (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latin America & Caribbean (excluding high income) vs Saudi Arabia: Merchandise exports by the reporting economy. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 16 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-by-the-reporting-economy-current-us/latin-america-and-caribbean-excluding-high-income/saudi-arabia/

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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$.