Latin America & Caribbean (excluding high income) vs Saudi Arabia: Merchandise exports to low- and middle-income economies outside region

Latin America & Caribbean (excluding high income)
19.2%
in 2023
Saudi Arabia
40.5%
in 2023
Latin America & Caribbean (excluding high income) rank
30th
Saudi Arabia rank
29th

Merchandise exports to low- and middle-income economies outside region over time

  • Latin America & Caribbean (excluding high income)
  • Saudi Arabia
010203040196019912023

How they compare

Saudi Arabia currently reports 40.5% against 19.2% in Latin America & Caribbean (excluding high income), a difference of 21.3%.

That makes Saudi Arabia's figure about 2.1 times Latin America & Caribbean (excluding high income)'s.

Across all 60 years both countries report, Saudi Arabia has been ahead every year.

Latin America & Caribbean (excluding high income) ranks 30th and Saudi Arabia ranks 29th of 47 groups.

Saudi Arabia 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 1.8% 8.5% 6.7% Saudi Arabia
1970s 4.0% 10.5% 6.5% Saudi Arabia
1980s 6.7% 14.1% 7.5% Saudi Arabia
1990s 4.7% 15.7% 11.0% Saudi Arabia
2000s 7.0% 36.5% 29.4% Saudi Arabia
2010s 16.0% 36.7% 20.7% Saudi Arabia
2020s 19.5% 41.4% 21.9% Saudi Arabia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise exports to low- and middle-income economies outside region, Latin America & Caribbean (excluding high income) or Saudi Arabia?
Saudi Arabia, at 40.5% against 19.2% in Latin America & Caribbean (excluding high income) as of 2023.
What is the difference in merchandise exports to low- and middle-income economies outside region between Latin America & Caribbean (excluding high income) and Saudi Arabia?
21.3%, with Saudi Arabia 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 to low- and middle-income economies outside region?
Latin America & Caribbean (excluding high income) ranks 30th and Saudi Arabia ranks 29th of 47 groups.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise exports to low- and middle-income economies outside region (% 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 (excluding high income) vs Saudi Arabia: Merchandise exports to low- and middle-income economies outside region. 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-outside-region-percent-of-total/latin-america-and-caribbean-excluding-high-income/saudi-arabia/

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About this data

Indicator
Merchandise exports to low- and middle-income economies outside region (% 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, 12,864 data points, 1960–2023
Last refreshed

Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. Data are expressed 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.