Australia vs Latin America & the Caribbean (IDA & IBRD countries): Merchandise imports from low- and middle-income economies in East

Australia
40.0%
in 2023
Latin America & the Caribbean (IDA & IBRD countries)
24.7%
in 2023
Australia rank
15th
Latin America & the Caribbean (IDA & IBRD countries) rank
12th

Merchandise imports from low- and middle-income economies in East over time

  • Australia
  • Latin America & the Caribbean (IDA & IBRD countries)
010203040196019912023

How they compare

Australia currently reports 40.0% against 24.7% in Latin America & the Caribbean (IDA & IBRD countries), a difference of 15.3%.

That makes Australia's figure about 1.6 times Latin America & the Caribbean (IDA & IBRD countries)'s.

Across all 64 years both countries report, Australia has been ahead every year.

Australia ranks 15th and Latin America & the Caribbean (IDA & IBRD countries) ranks 12th of 206 countries.

Australia has averaged higher in every one of the 7 decades both report.

Head to head by decade

Decade Australia Latin America & the Caribbean (IDA & IBRD countries) Difference Ahead
1960s 4.4% 0.3% 4.1% Australia
1970s 3.9% 0.7% 3.2% Australia
1980s 5.7% 1.1% 4.5% Australia
1990s 13.2% 2.0% 11.2% Australia
2000s 26.7% 9.3% 17.5% Australia
2010s 37.0% 20.4% 16.6% Australia
2020s 40.1% 25.4% 14.7% Australia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports from low- and middle-income economies in east, Australia or Latin America & the Caribbean (IDA & IBRD countries)?
Australia, at 40.0% against 24.7% in Latin America & the Caribbean (IDA & IBRD countries) as of 2023.
What is the difference in merchandise imports from low- and middle-income economies in east between Australia and Latin America & the Caribbean (IDA & IBRD countries)?
15.3%, with Australia ahead.
How many years of comparable data are there for Australia and Latin America & the Caribbean (IDA & IBRD countries)?
64 years are reported by both, from 1960 to 2023.
How do Australia and Latin America & the Caribbean (IDA & IBRD countries) rank globally for merchandise imports from low- and middle-income economies in east?
Australia ranks 15th and Latin America & the Caribbean (IDA & IBRD countries) ranks 12th of 206 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Australia vs Latin America & the Caribbean (IDA & IBRD countries): Merchandise imports from low- and middle-income economies in East. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 19 September 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-from-low-and-middle-income-economies-in-east-asia-and-pacific-percent/australia/latin-america-and-the-caribbean-ida-and-ibrd-countries/

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About this data

Indicator
Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports)
Unit
% of total merchandise imports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,103 data points, 1960–2023
Last refreshed

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