Merchandise exports by the reporting economy in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Merchandise exports by the reporting economy was 1.22 trillion current US$ in 2023. ◆ Volatile
Latest (2023)
1.22 trillion current US$
Change on year
down 0.4%
Rank
23rd
of 47 groups
All-time high
1.22 trillion current US$
in 2022
All-time low
6.41 billion current US$
in 1961
Years of data
64
1960–2023
Merchandise exports by the reporting economy in Latin America & Caribbean (excluding high income), 1960–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2023, merchandise exports by the reporting economy in Latin America & Caribbean (excluding high income) stood at 1.22 trillion current US$.
Compared with earlier readings it is down 0.4% on the previous year and up 27.7% over ten years.
Over the whole period, merchandise exports by the reporting economy in Latin America & Caribbean (excluding high income) peaked at 1.22 trillion current US$ in 2022 and was at its lowest, 6.41 billion current US$, in 1961.
That places Latin America & Caribbean (excluding high income) 23rd out of 47 groups with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy in Latin America & Caribbean (excluding high income), year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 6.46 billion current US$ | — |
| 1961 | 6.41 billion current US$ | -0.8% |
| 1962 | 6.89 billion current US$ | +7.5% |
| 1963 | 7.49 billion current US$ | +8.8% |
| 1964 | 8.04 billion current US$ | +7.3% |
| 1965 | 8.44 billion current US$ | +5.0% |
| 1966 | 8.87 billion current US$ | +5.1% |
| 1967 | 8.83 billion current US$ | -0.5% |
| 1968 | 9.23 billion current US$ | +4.6% |
| 1969 | 10.21 billion current US$ | +10.6% |
| 1970 | 11.42 billion current US$ | +11.8% |
| 1971 | 9.07 billion current US$ | -20.6% |
| 1972 | 13.49 billion current US$ | +48.7% |
| 1973 | 19.90 billion current US$ | +47.5% |
| 1974 | 30.28 billion current US$ | +52.2% |
| 1975 | 27.56 billion current US$ | -9.0% |
| 1976 | 31.67 billion current US$ | +14.9% |
| 1977 | 39.18 billion current US$ | +23.7% |
| 1978 | 42.39 billion current US$ | +8.2% |
| 1979 | 55.76 billion current US$ | +31.5% |
| 1980 | 70.84 billion current US$ | +27.1% |
| 1981 | 77.77 billion current US$ | +9.8% |
| 1982 | 73.30 billion current US$ | -5.7% |
| 1983 | 74.43 billion current US$ | +1.5% |
| 1984 | 83.31 billion current US$ | +11.9% |
| 1985 | 80.26 billion current US$ | -3.7% |
| 1986 | 65.17 billion current US$ | -18.8% |
| 1987 | 72.43 billion current US$ | +11.1% |
| 1988 | 83.69 billion current US$ | +15.6% |
| 1989 | 92.00 billion current US$ | +9.9% |
| 1990 | 103.09 billion current US$ | +12.0% |
| 1991 | 117.06 billion current US$ | +13.6% |
| 1992 | 123.91 billion current US$ | +5.9% |
| 1993 | 136.68 billion current US$ | +10.3% |
| 1994 | 159.46 billion current US$ | +16.7% |
| 1995 | 189.79 billion current US$ | +19.0% |
| 1996 | 215.58 billion current US$ | +13.6% |
| 1997 | 245.88 billion current US$ | +14.1% |
| 1998 | 243.43 billion current US$ | -1.0% |
| 1999 | 261.44 billion current US$ | +7.4% |
| 2000 | 314.55 billion current US$ | +20.3% |
| 2001 | 301.42 billion current US$ | -4.2% |
| 2002 | 307.25 billion current US$ | +1.9% |
| 2003 | 332.49 billion current US$ | +8.2% |
| 2004 | 402.78 billion current US$ | +21.1% |
| 2005 | 483.61 billion current US$ | +20.1% |
| 2006 | 572.57 billion current US$ | +18.4% |
| 2007 | 649.95 billion current US$ | +13.5% |
| 2008 | 762.72 billion current US$ | +17.4% |
| 2009 | 591.68 billion current US$ | -22.4% |
| 2010 | 757.91 billion current US$ | +28.1% |
| 2011 | 941.47 billion current US$ | +24.2% |
| 2012 | 950.50 billion current US$ | +1.0% |
| 2013 | 952.79 billion current US$ | +0.2% |
| 2014 | 932.45 billion current US$ | -2.1% |
| 2015 | 800.79 billion current US$ | -14.1% |
| 2016 | 772.10 billion current US$ | -3.6% |
| 2017 | 866.43 billion current US$ | +12.2% |
| 2018 | 951.51 billion current US$ | +9.8% |
| 2019 | 921.93 billion current US$ | -3.1% |
| 2020 | 829.83 billion current US$ | -10.0% |
| 2021 | 1.05 trillion current US$ | +26.2% |
| 2022 | 1.22 trillion current US$ | +16.7% |
| 2023 | 1.22 trillion current US$ | -0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.09 billion current US$ | 6.41 billion current US$ | 10.21 billion current US$ | 10 |
| 1970s | 28.07 billion current US$ | 9.07 billion current US$ | 55.76 billion current US$ | 10 |
| 1980s | 77.32 billion current US$ | 65.17 billion current US$ | 92.00 billion current US$ | 10 |
| 1990s | 179.63 billion current US$ | 103.09 billion current US$ | 261.44 billion current US$ | 10 |
| 2000s | 471.90 billion current US$ | 301.42 billion current US$ | 762.72 billion current US$ | 10 |
| 2010s | 884.79 billion current US$ | 757.91 billion current US$ | 952.79 billion current US$ | 10 |
| 2020s | 1.08 trillion current US$ | 829.83 billion current US$ | 1.22 trillion current US$ | 4 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 20 Australia 362.30 billion current US$ compare
- 21 Viet Nam 345.09 billion current US$ compare
- 22 Brazil 339.27 billion current US$ compare
- 23 Saudi Arabia 322.17 billion current US$ compare
- 24 United Arab Emirates 320.42 billion current US$ compare
- 25 Malaysia 312.62 billion current US$ compare
- 26 Thailand 280.34 billion current US$ compare
More private sector data for Latin America & Caribbean (excluding high income)
- Merchandise trade 43.4% (2025)
- Food imports 8.3% (2024)
- Manufactures imports 74.3% (2024)
- Merchandise imports 1.40 trillion current US$ (2025)
- Food exports 19.4% (2025)
- Manufactures exports 61.3% (2025)
- Merchandise exports 1.37 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 2,178 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2093 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.06 % change on previous year (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is merchandise exports by the reporting economy in Latin America & Caribbean (excluding high income)?
- Merchandise exports by the reporting economy in Latin America & Caribbean (excluding high income) was 1.22 trillion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 1.22 trillion current US$ in 2022.
- What is the lowest merchandise exports by the reporting economy recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 6.41 billion current US$ in 1961.
- How does Latin America & Caribbean (excluding high income) rank for merchandise exports by the reporting economy?
- Latin America & Caribbean (excluding high income) ranks 23rd out of 47 groups with data for 2023.
- Is merchandise exports by the reporting economy rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 27.7%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.