Estonia vs Latin America & Caribbean (excluding high income): Merchandise trade
Merchandise trade over time
- Estonia
- Latin America & Caribbean (excluding high income)
How they compare
Estonia currently reports 98.4% against 43.4% in Latin America & Caribbean (excluding high income), a difference of 55.0%.
That makes Estonia's figure about 2.3 times Latin America & Caribbean (excluding high income)'s.
Across all 33 years both countries report, Estonia has been ahead every year.
Estonia ranks 28th and Latin America & Caribbean (excluding high income) ranks 28th of 204 countries.
Estonia has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Estonia | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 104.4% | 24.8% | 79.6% | Estonia |
| 2000s | 129.4% | 35.3% | 94.1% | Estonia |
| 2010s | 124.8% | 35.6% | 89.2% | Estonia |
| 2020s | 108.9% | 44.1% | 64.8% | Estonia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher merchandise trade, Estonia or Latin America & Caribbean (excluding high income)?
- Estonia, at 98.4% against 43.4% in Latin America & Caribbean (excluding high income) as of 2025.
- What is the difference in merchandise trade between Estonia and Latin America & Caribbean (excluding high income)?
- 55.0%, with Estonia ahead.
- How many years of comparable data are there for Estonia and Latin America & Caribbean (excluding high income)?
- 33 years are reported by both, from 1993 to 2025.
- How do Estonia and Latin America & Caribbean (excluding high income) rank globally for merchandise trade?
- Estonia ranks 28th and Latin America & Caribbean (excluding high income) ranks 28th of 204 countries.
- Where does this data come from?
- World Trade Organization (WTO), published as Merchandise trade (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.