Merchandise exports to high-income economies in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Merchandise exports to high-income economies was 70.0% in 2023. ▼ Falling
Merchandise exports to high-income economies in Latin America & Caribbean (excluding high income), 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports to high-income economies in Latin America & Caribbean (excluding high income) is 70.0%, measured in 2023.
That represents a change of down 0.1% on the previous year and up 2.0% over ten years.
Over the whole period, merchandise exports to high-income economies in Latin America & Caribbean (excluding high income) peaked at 92.5% in 1961 and was at its lowest, 68.6%, in 2013.
Latin America & Caribbean (excluding high income) ranks 10th of 47 groups on this measure, in the top quarter.
The long-run direction has been consistently falling across the 64 years of available data.
Merchandise exports to high-income economies in Latin America & Caribbean (excluding high income), year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 91.5% | — |
| 1961 | 92.5% | +1.1% |
| 1962 | 92.0% | -0.5% |
| 1963 | 91.8% | -0.1% |
| 1964 | 89.2% | -2.9% |
| 1965 | 88.1% | -1.1% |
| 1966 | 88.4% | +0.3% |
| 1967 | 89.2% | +0.8% |
| 1968 | 88.1% | -1.3% |
| 1969 | 87.8% | -0.3% |
| 1970 | 87.7% | -0.2% |
| 1971 | 85.5% | -2.5% |
| 1972 | 85.6% | +0.2% |
| 1973 | 83.4% | -2.6% |
| 1974 | 81.7% | -2.1% |
| 1975 | 79.1% | -3.2% |
| 1976 | 81.7% | +3.2% |
| 1977 | 80.5% | -1.5% |
| 1978 | 80.7% | +0.3% |
| 1979 | 80.8% | +0.1% |
| 1980 | 80.1% | -0.9% |
| 1981 | 77.9% | -2.7% |
| 1982 | 79.7% | +2.3% |
| 1983 | 82.0% | +2.9% |
| 1984 | 82.0% | +0.0% |
| 1985 | 81.5% | -0.7% |
| 1986 | 81.9% | +0.5% |
| 1987 | 83.9% | +2.4% |
| 1988 | 81.6% | -2.6% |
| 1989 | 82.0% | +0.5% |
| 1990 | 82.4% | +0.5% |
| 1991 | 83.4% | +1.2% |
| 1992 | 80.9% | -3.0% |
| 1993 | 80.1% | -1.0% |
| 1994 | 79.2% | -1.2% |
| 1995 | 78.8% | -0.4% |
| 1996 | 79.6% | +1.0% |
| 1997 | 79.3% | -0.3% |
| 1998 | 80.4% | +1.4% |
| 1999 | 84.7% | +5.3% |
| 2000 | 84.1% | -0.7% |
| 2001 | 83.0% | -1.3% |
| 2002 | 83.3% | +0.3% |
| 2003 | 82.3% | -1.1% |
| 2004 | 79.9% | -3.0% |
| 2005 | 79.0% | -1.1% |
| 2006 | 77.9% | -1.3% |
| 2007 | 75.5% | -3.1% |
| 2008 | 73.5% | -2.7% |
| 2009 | 72.1% | -1.8% |
| 2010 | 70.6% | -2.1% |
| 2011 | 69.7% | -1.3% |
| 2012 | 68.8% | -1.3% |
| 2013 | 68.6% | -0.2% |
| 2014 | 70.5% | +2.7% |
| 2015 | 72.1% | +2.4% |
| 2016 | 72.4% | +0.3% |
| 2017 | 70.7% | -2.3% |
| 2018 | 70.3% | -0.6% |
| 2019 | 71.3% | +1.4% |
| 2020 | 70.8% | -0.7% |
| 2021 | 68.9% | -2.6% |
| 2022 | 70.1% | +1.7% |
| 2023 | 70.0% | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 89.9% | 87.8% | 92.5% | 10 |
| 1970s | 82.7% | 79.1% | 87.7% | 10 |
| 1980s | 81.3% | 77.9% | 83.9% | 10 |
| 1990s | 80.9% | 78.8% | 84.7% | 10 |
| 2000s | 79.1% | 72.1% | 84.1% | 10 |
| 2010s | 70.5% | 68.6% | 72.4% | 10 |
| 2020s | 69.9% | 68.9% | 70.8% | 4 |
Countries ranked near Latin America & Caribbean (excluding high income)
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 to high-income economies in Latin America & Caribbean (excluding high income)?
- Merchandise exports to high-income economies in Latin America & Caribbean (excluding high income) was 70.0% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to high-income economies recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 92.5% in 1961.
- What is the lowest merchandise exports to high-income economies recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 68.6% in 2013.
- How does Latin America & Caribbean (excluding high income) rank for merchandise exports to high-income economies?
- Latin America & Caribbean (excluding high income) ranks 10th out of 47 groups with data for 2023.
- Is merchandise exports to high-income economies rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 2.0%. The long-run trend across the full record is falling.
- 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 to high-income economies (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.