Manufactures exports in Latin America & Caribbean
Latin America & Caribbean: Manufactures exports was 46.5% in 2024. ▲ Rising
Manufactures exports in Latin America & Caribbean, 1962–2024
Source: Comtrade database, United Nations (UN), publisher: UN Statistics Division. Measured in % of merchandise exports.
Analysis
The most recent figure for manufactures exports in Latin America & Caribbean is 46.5%, measured in 2024.
That represents a change of down 0.9% on the previous year and down 3.6% over ten years.
Over the whole period, manufactures exports in Latin America & Caribbean peaked at 56.3% in 1998 and was at its lowest, 8.3%, in 1962.
That places Latin America & Caribbean 27th out of 46 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 61 years of available data.
Manufactures exports in Latin America & Caribbean, year by year
| Year | % of merchandise exports | Change |
|---|---|---|
| 1962 | 8.3% | — |
| 1963 | 8.7% | +4.0% |
| 1964 | 9.8% | +13.1% |
| 1965 | 10.4% | +5.5% |
| 1966 | 11.7% | +12.8% |
| 1967 | 12.3% | +4.9% |
| 1968 | 12.9% | +5.3% |
| 1969 | 15.7% | +21.9% |
| 1970 | 19.5% | +23.7% |
| 1971 | 22.4% | +15.1% |
| 1972 | 22.6% | +0.9% |
| 1973 | 26.1% | +15.3% |
| 1974 | 25.5% | -2.1% |
| 1975 | 23.1% | -9.7% |
| 1976 | 22.1% | -4.0% |
| 1977 | 21.6% | -2.2% |
| 1978 | 23.4% | +8.3% |
| 1979 | 22.1% | -5.7% |
| 1980 | 18.2% | -17.5% |
| 1981 | 18.0% | -1.1% |
| 1982 | 17.4% | -3.6% |
| 1983 | 22.3% | +28.2% |
| 1984 | 23.6% | +5.9% |
| 1985 | 25.7% | +8.9% |
| 1986 | 34.8% | +35.4% |
| 1987 | 33.0% | -5.3% |
| 1990 | 39.5% | +19.6% |
| 1991 | 43.6% | +10.5% |
| 1992 | 50.7% | +16.2% |
| 1993 | 52.8% | +4.2% |
| 1994 | 52.8% | -0.0% |
| 1995 | 51.8% | -1.9% |
| 1996 | 51.3% | -0.9% |
| 1997 | 52.9% | +3.1% |
| 1998 | 56.3% | +6.4% |
| 1999 | 55.5% | -1.3% |
| 2000 | 55.2% | -0.6% |
| 2001 | 55.5% | +0.6% |
| 2002 | 54.9% | -1.1% |
| 2003 | 53.3% | -2.9% |
| 2004 | 52.9% | -0.8% |
| 2005 | 51.9% | -1.9% |
| 2006 | 50.3% | -3.1% |
| 2007 | 50.3% | -0.0% |
| 2008 | 48.0% | -4.4% |
| 2009 | 46.6% | -3.0% |
| 2010 | 46.1% | -1.0% |
| 2011 | 43.6% | -5.4% |
| 2012 | 45.0% | +3.2% |
| 2013 | 45.9% | +2.1% |
| 2014 | 48.3% | +5.1% |
| 2015 | 50.9% | +5.5% |
| 2016 | 50.9% | -0.1% |
| 2017 | 49.9% | -1.9% |
| 2018 | 48.5% | -2.8% |
| 2019 | 48.2% | -0.7% |
| 2020 | 46.6% | -3.2% |
| 2021 | 45.5% | -2.4% |
| 2022 | 46.7% | +2.5% |
| 2023 | 47.0% | +0.6% |
| 2024 | 46.5% | -0.9% |
Biggest year-on-year movements
Years where Manufactures exports in Latin America & Caribbean changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | +35.4% | 25.7% | 34.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.2% | 8.3% | 15.7% | 8 |
| 1970s | 22.9% | 19.5% | 26.1% | 10 |
| 1980s | 24.1% | 17.4% | 34.8% | 8 |
| 1990s | 50.7% | 39.5% | 56.3% | 10 |
| 2000s | 51.9% | 46.6% | 55.5% | 10 |
| 2010s | 47.7% | 43.6% | 50.9% | 10 |
| 2020s | 46.5% | 45.5% | 47.0% | 5 |
Countries ranked near Latin America & Caribbean
More private sector data for Latin America & Caribbean
- Merchandise trade 44.2% (2025)
- Food imports 9.1% (2024)
- Manufactures imports 73.2% (2024)
- Merchandise imports 1.66 trillion current US$ (2025)
- Food exports 24.7% (2024)
- Merchandise exports 1.67 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 2,503 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2256 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.02 % change on previous year (2025)
- Merchandise imports (current US$), per capita 2,487 current US$ per person (2025)
Frequently asked questions
- What is manufactures exports in Latin America & Caribbean?
- Manufactures exports in Latin America & Caribbean was 46.5% in 2024, according to Comtrade database, United Nations (UN), publisher: UN Statistics Division.
- What is the highest manufactures exports recorded in Latin America & Caribbean?
- The highest recorded value was 56.3% in 1998.
- What is the lowest manufactures exports recorded in Latin America & Caribbean?
- The lowest recorded value was 8.3% in 1962.
- How does Latin America & Caribbean rank for manufactures exports?
- Latin America & Caribbean ranks 27th out of 46 groups with data for 2024.
- Is manufactures exports rising or falling in Latin America & Caribbean?
- Over the last ten years it is down 3.6%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean data come from?
- The figures come from Comtrade database, United Nations (UN), publisher: UN Statistics Division, published as part of Manufactures exports (% of merchandise exports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Manufactures comprise commodities in SITC (Rev. 3) sections 5 (chemicals), 6 (basic manufactures), 7 (machinery and transport equipment), and 8 (miscellaneous manufactured goods), excluding division 68 (non-ferrous metals). This indicator is expressed as a percentage of merchandise exports which is comprised of 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.