Cuba vs Panama: Merchandise exports to low- and middle-income economies in Latin

Cuba
8.0%
in 2023
Panama
5.7%
in 2023
Cuba rank
29th
Panama rank
31st

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

  • Cuba
  • Panama
0102030196119922023

How they compare

Cuba currently reports 8.0% against 5.7% in Panama, a difference of 2.3%.

That makes Cuba's figure about 1.4 times Panama's.

The two have swapped places 1 time across 43 shared years of data; in 1981 it was Panama ahead.

Cuba ranks 29th and Panama ranks 31st of 203 countries.

Panama has averaged higher in every one of the 5 decades both report.

Head to head by decade

Decade Cuba Panama Difference Ahead
1980s 5.9% 15.1% 9.1% Panama
1990s 6.1% 22.4% 16.2% Panama
2000s 7.9% 19.4% 11.6% Panama
2010s 7.2% 19.9% 12.7% Panama
2020s 5.2% 8.2% 3.0% 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 latin, Cuba or Panama?
Cuba, at 8.0% against 5.7% in Panama as of 2023.
What is the difference in merchandise exports to low- and middle-income economies in latin between Cuba and Panama?
2.3%, with Cuba ahead.
How many years of comparable data are there for Cuba and Panama?
43 years are reported by both, from 1981 to 2023.
How do Cuba and Panama rank globally for merchandise exports to low- and middle-income economies in latin?
Cuba ranks 29th and Panama ranks 31st of 203 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Cuba vs Panama: Merchandise exports to low- and middle-income economies in Latin. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 17 September 2026, from https://private-sector.statizoid.com/compare/merchandise-exports-to-low-and-middle-income-economies-in-latin-america-and-the-caribbean/cuba/panama/

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About this data

Indicator
Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% 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
250 places, 11,864 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean 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.