Latin America & Caribbean vs Panama: Merchandise exports to low- and middle-income economies in East Asia

Latin America & Caribbean
16.3%
in 2023
Panama
40.9%
in 2023
Latin America & Caribbean rank
26th
Panama rank
24th

Merchandise exports to low- and middle-income economies in East Asia over time

  • Latin America & Caribbean
  • Panama
010203040196019912023

How they compare

Panama currently reports 40.9% against 16.3% in Latin America & Caribbean, a difference of 24.6%.

That makes Panama's figure about 2.5 times Latin America & Caribbean's.

The two have swapped places 5 times across 50 shared years of data; in 1966 it was Latin America & Caribbean ahead.

Latin America & Caribbean ranks 26th and Panama ranks 24th of 47 groups.

Across the 7 decades both report, Latin America & Caribbean averaged higher in 6 and Panama in 1.

Head to head by decade

Decade Latin America & Caribbean Panama Difference Ahead
1960s 0.4% 0.1% 0.3% Latin America & Caribbean
1970s 0.8% 0.1% 0.7% Latin America & Caribbean
1980s 2.3% 0.0% 2.3% Latin America & Caribbean
1990s 2.0% 0.4% 1.6% Latin America & Caribbean
2000s 4.4% 1.9% 2.5% Latin America & Caribbean
2010s 11.6% 10.5% 1.1% Latin America & Caribbean
2020s 16.1% 34.1% 18.0% Panama

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise exports to low- and middle-income economies in east asia, Latin America & Caribbean or Panama?
Panama, at 40.9% against 16.3% in Latin America & Caribbean as of 2023.
What is the difference in merchandise exports to low- and middle-income economies in east asia between Latin America & Caribbean and Panama?
24.6%, with Panama ahead.
How many years of comparable data are there for Latin America & Caribbean and Panama?
50 years are reported by both, from 1966 to 2023.
How do Latin America & Caribbean and Panama rank globally for merchandise exports to low- and middle-income economies in east asia?
Latin America & Caribbean ranks 26th and Panama ranks 24th of 47 groups.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latin America & Caribbean vs Panama: Merchandise exports to low- and middle-income economies in East Asia. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 19 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-to-low-and-middle-income-economies-in-east-asia-and-pacific-percent/latin-america-and-caribbean/panama/

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About this data

Indicator
Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 12,319 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.