Latin America & Caribbean vs Mongolia: Merchandise imports from low- and middle-income economies within

Latin America & Caribbean
13.4%
in 2023
Mongolia
43.7%
in 2023
Latin America & Caribbean rank
24th
Mongolia rank
22nd

Merchandise imports from low- and middle-income economies within over time

  • Latin America & Caribbean
  • Mongolia
10203040196019912023

How they compare

Mongolia currently reports 43.7% against 13.4% in Latin America & Caribbean, a difference of 30.3%.

That makes Mongolia's figure about 3.3 times Latin America & Caribbean's.

The two have swapped places 6 times across 43 shared years of data; in 1981 it was Mongolia ahead.

Latin America & Caribbean ranks 24th and Mongolia ranks 22nd of 46 groups.

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

Head to head by decade

Decade Latin America & Caribbean Mongolia Difference Ahead
1980s 12.5% 17.0% 4.5% Mongolia
1990s 12.6% 15.5% 2.9% Mongolia
2000s 14.6% 25.7% 11.1% Mongolia
2010s 14.3% 34.7% 20.4% Mongolia
2020s 12.9% 40.1% 27.1% Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports from low- and middle-income economies within, Latin America & Caribbean or Mongolia?
Mongolia, at 43.7% against 13.4% in Latin America & Caribbean as of 2023.
What is the difference in merchandise imports from low- and middle-income economies within between Latin America & Caribbean and Mongolia?
30.3%, with Mongolia ahead.
How many years of comparable data are there for Latin America & Caribbean and Mongolia?
43 years are reported by both, from 1981 to 2023.
How do Latin America & Caribbean and Mongolia rank globally for merchandise imports from low- and middle-income economies within?
Latin America & Caribbean ranks 24th and Mongolia ranks 22nd of 46 groups.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise imports from low- and middle-income economies within region (% 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 vs Mongolia: Merchandise imports from low- and middle-income economies within. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-from-low-and-middle-income-economies-within-region-percent-of-total/latin-america-and-caribbean/mongolia/

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About this data

Indicator
Merchandise imports from low- and middle-income economies within region (% 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
249 places, 13,090 data points, 1960–2023
Last refreshed

Merchandise imports from low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.