Latin America & Caribbean vs Spain: Merchandise exports by the reporting economy

Latin America & Caribbean
1.36 trillion current US$
in 2023
Spain
407.89 billion current US$
in 2023
Latin America & Caribbean rank
20th
Spain rank
18th

Merchandise exports by the reporting economy over time

  • Latin America & Caribbean
  • Spain
0500.0B1.0T1.5T196019912023

How they compare

Latin America & Caribbean currently reports 1.36 trillion current US$ against 407.89 billion current US$ in Spain, a difference of 949.91 billion current US$.

That makes Latin America & Caribbean's figure about 3.3 times Spain's.

Across all 64 years both countries report, Latin America & Caribbean has been ahead every year.

Latin America & Caribbean ranks 20th and Spain ranks 18th of 47 groups.

Latin America & Caribbean has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Latin America & Caribbean Spain Difference Ahead
1960s 9.56 billion current US$ 1.02 billion current US$ 8.54 billion current US$ Latin America & Caribbean
1970s 34.36 billion current US$ 7.44 billion current US$ 26.92 billion current US$ Latin America & Caribbean
1980s 90.23 billion current US$ 25.60 billion current US$ 64.62 billion current US$ Latin America & Caribbean
1990s 200.76 billion current US$ 79.21 billion current US$ 121.55 billion current US$ Latin America & Caribbean
2000s 533.03 billion current US$ 179.92 billion current US$ 353.11 billion current US$ Latin America & Caribbean
2010s 988.97 billion current US$ 296.13 billion current US$ 692.84 billion current US$ Latin America & Caribbean
2020s 1.21 trillion current US$ 370.63 billion current US$ 841.65 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, Latin America & Caribbean or Spain?
Latin America & Caribbean, at 1.36 trillion current US$ against 407.89 billion current US$ in Spain as of 2023.
What is the difference in merchandise exports by the reporting economy between Latin America & Caribbean and Spain?
949.91 billion current US$, with Latin America & Caribbean ahead.
How many years of comparable data are there for Latin America & Caribbean and Spain?
64 years are reported by both, from 1960 to 2023.
How do Latin America & Caribbean and Spain rank globally for merchandise exports by the reporting economy?
Latin America & Caribbean ranks 20th and Spain ranks 18th of 47 groups.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise exports by the reporting economy (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latin America & Caribbean vs Spain: Merchandise exports by the reporting economy. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 10 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-by-the-reporting-economy-current-us/latin-america-and-caribbean/spain/

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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$.