Latin America & Caribbean (excluding high income) vs Nigeria: Merchandise imports from low- and middle-income economies in South

Latin America & Caribbean (excluding high income)
2.0%
in 2023
Nigeria
7.9%
in 2023
Latin America & Caribbean (excluding high income) rank
31st
Nigeria rank
29th

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

  • Latin America & Caribbean (excluding high income)
  • Nigeria
02468196019912023

How they compare

Nigeria currently reports 7.9% against 2.0% in Latin America & Caribbean (excluding high income), a difference of 5.9%.

That makes Nigeria's figure about 3.9 times Latin America & Caribbean (excluding high income)'s.

Across all 63 years both countries report, Nigeria has been ahead every year.

Latin America & Caribbean (excluding high income) ranks 31st and Nigeria ranks 29th of 47 groups.

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

Head to head by decade

Decade Latin America & Caribbean (excluding high income) Nigeria Difference Ahead
1960s 0.4% 2.9% 2.5% Nigeria
1970s 0.2% 1.1% 0.9% Nigeria
1980s 0.1% 1.0% 0.9% Nigeria
1990s 0.3% 2.7% 2.4% Nigeria
2000s 0.7% 6.3% 5.6% Nigeria
2010s 1.6% 7.3% 5.8% Nigeria
2020s 2.0% 7.9% 5.8% Nigeria

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports from low- and middle-income economies in south, Latin America & Caribbean (excluding high income) or Nigeria?
Nigeria, at 7.9% against 2.0% in Latin America & Caribbean (excluding high income) as of 2023.
What is the difference in merchandise imports from low- and middle-income economies in south between Latin America & Caribbean (excluding high income) and Nigeria?
5.9%, with Nigeria ahead.
How many years of comparable data are there for Latin America & Caribbean (excluding high income) and Nigeria?
63 years are reported by both, from 1960 to 2023.
How do Latin America & Caribbean (excluding high income) and Nigeria rank globally for merchandise imports from low- and middle-income economies in south?
Latin America & Caribbean (excluding high income) ranks 31st and Nigeria ranks 29th of 47 groups.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports). 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 Nigeria: Merchandise imports from low- and middle-income economies in South. 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-south-asia-percent-of-total/latin-america-and-caribbean-excluding-high-income/nigeria/

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About this data

Indicator
Merchandise imports from low- and middle-income economies in South Asia (% 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
252 places, 12,943 data points, 1960–2023
Last refreshed

Merchandise imports from low- and middle-income economies in South Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the South Asia 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.