Manufactures imports in Latin America & Caribbean
Latin America & Caribbean: Manufactures imports was 73.2% in 2024. ▲ Rising
Manufactures imports in Latin America & Caribbean, 1962–2024
Source: Comtrade database, United Nations (UN), publisher: UN Statistics Division. Measured in % of merchandise imports.
Analysis
The most recent figure for manufactures imports in Latin America & Caribbean is 73.2%, measured in 2024.
That represents a change of up 2.5% on the previous year and down 0.3% over ten years.
Over the whole period, manufactures imports in Latin America & Caribbean peaked at 80.9% in 1998 and was at its lowest, 61.9%, in 1983.
Latin America & Caribbean ranks 5th of 47 groups on this measure, in the top 10%.
The long-run direction has been consistently rising across the 60 years of available data.
Manufactures imports in Latin America & Caribbean, year by year
| Year | % of merchandise imports | Change |
|---|---|---|
| 1962 | 75.0% | — |
| 1963 | 72.8% | -2.9% |
| 1964 | 71.9% | -1.3% |
| 1965 | 72.5% | +0.8% |
| 1966 | 73.5% | +1.4% |
| 1967 | 74.5% | +1.3% |
| 1968 | 76.0% | +2.0% |
| 1969 | 76.2% | +0.2% |
| 1970 | 76.2% | +0.0% |
| 1971 | 75.8% | -0.4% |
| 1972 | 75.5% | -0.4% |
| 1973 | 71.2% | -5.8% |
| 1974 | 64.6% | -9.3% |
| 1975 | 69.2% | +7.3% |
| 1976 | 70.1% | +1.3% |
| 1977 | 68.8% | -2.0% |
| 1978 | 69.5% | +1.0% |
| 1979 | 66.8% | -3.9% |
| 1980 | 65.7% | -1.6% |
| 1981 | 65.9% | +0.3% |
| 1982 | 66.3% | +0.6% |
| 1983 | 61.9% | -6.7% |
| 1984 | 62.8% | +1.6% |
| 1985 | 65.0% | +3.4% |
| 1986 | 71.9% | +10.6% |
| 1987 | 69.9% | -2.7% |
| 1991 | 66.3% | -5.1% |
| 1992 | 71.6% | +7.9% |
| 1993 | 73.2% | +2.2% |
| 1994 | 75.1% | +2.7% |
| 1995 | 77.5% | +3.1% |
| 1996 | 78.1% | +0.8% |
| 1997 | 79.5% | +1.8% |
| 1998 | 80.9% | +1.7% |
| 1999 | 80.2% | -0.8% |
| 2000 | 77.6% | -3.2% |
| 2001 | 79.5% | +2.3% |
| 2002 | 79.0% | -0.6% |
| 2003 | 78.1% | -1.1% |
| 2004 | 77.6% | -0.6% |
| 2005 | 77.3% | -0.4% |
| 2006 | 74.8% | -3.3% |
| 2007 | 72.9% | -2.5% |
| 2008 | 73.6% | +0.9% |
| 2009 | 76.1% | +3.4% |
| 2010 | 75.9% | -0.3% |
| 2011 | 73.2% | -3.6% |
| 2012 | 74.0% | +1.2% |
| 2013 | 74.1% | +0.0% |
| 2014 | 73.4% | -0.9% |
| 2015 | 76.8% | +4.7% |
| 2016 | 76.7% | -0.1% |
| 2017 | 75.2% | -2.0% |
| 2018 | 73.9% | -1.7% |
| 2019 | 74.4% | +0.7% |
| 2020 | 76.2% | +2.4% |
| 2021 | 72.8% | -4.4% |
| 2022 | 69.9% | -4.0% |
| 2023 | 71.4% | +2.1% |
| 2024 | 73.2% | +2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 74.0% | 71.9% | 76.2% | 8 |
| 1970s | 70.8% | 64.6% | 76.2% | 10 |
| 1980s | 66.2% | 61.9% | 71.9% | 8 |
| 1990s | 75.8% | 66.3% | 80.9% | 9 |
| 2000s | 76.6% | 72.9% | 79.5% | 10 |
| 2010s | 74.8% | 73.2% | 76.8% | 10 |
| 2020s | 72.7% | 69.9% | 76.2% | 5 |
Countries ranked near Latin America & Caribbean
- 2 Guyana 83.1% compare
- 3 Hong Kong, China 83.0% compare
- 4 Slovenia 83.0% compare
- 5 Ireland 82.7% compare
- 6 Kazakhstan 81.0% compare
- 7 Slovakia 80.7% compare
- 8 Russian Federation 79.8% compare
More private sector data for Latin America & Caribbean
- Merchandise trade 44.2% (2025)
- Food imports 9.1% (2024)
- Merchandise imports 1.66 trillion current US$ (2025)
- Food exports 24.7% (2024)
- Manufactures exports 46.5% (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 imports in Latin America & Caribbean?
- Manufactures imports in Latin America & Caribbean was 73.2% in 2024, according to Comtrade database, United Nations (UN), publisher: UN Statistics Division.
- What is the highest manufactures imports recorded in Latin America & Caribbean?
- The highest recorded value was 80.9% in 1998.
- What is the lowest manufactures imports recorded in Latin America & Caribbean?
- The lowest recorded value was 61.9% in 1983.
- How does Latin America & Caribbean rank for manufactures imports?
- Latin America & Caribbean ranks 5th out of 47 groups with data for 2024.
- Is manufactures imports rising or falling in Latin America & Caribbean?
- Over the last ten years it is down 0.3%. 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 imports (% of merchandise imports). 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 imports which is comprised of goods whose economic ownership is changed between a non-resident and a 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.