Merchandise exports to low- and middle-income economies in East Asia in Latin America & Caribbean
Latin America & Caribbean: Merchandise exports to low- and middle-income economies in East Asia was 16.3% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in East Asia in Latin America & Caribbean, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Latin America & Caribbean recorded 16.3% for merchandise exports to low- and middle-income economies in east asia in 2023.
Compared with earlier readings it is up 7.7% on the previous year and up 42.5% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in east asia in Latin America & Caribbean peaked at 16.7% in 2021 and was at its lowest, 0.2%, in 1968.
Latin America & Caribbean ranks 26th of 47 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies in East Asia in Latin America & Caribbean, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 0.2% | — |
| 1961 | 0.5% | +130.7% |
| 1962 | 0.6% | +18.2% |
| 1963 | 0.4% | -21.4% |
| 1964 | 1.1% | +154.6% |
| 1965 | 1.1% | +1.3% |
| 1966 | 1.0% | -13.2% |
| 1967 | 0.3% | -66.6% |
| 1968 | 0.2% | -43.6% |
| 1969 | 0.2% | +12.7% |
| 1970 | 0.2% | +12.1% |
| 1971 | 0.6% | +180.9% |
| 1972 | 1.2% | +89.4% |
| 1973 | 1.1% | -8.7% |
| 1974 | 1.1% | +2.1% |
| 1975 | 0.8% | -31.9% |
| 1976 | 0.5% | -38.6% |
| 1977 | 1.1% | +124.6% |
| 1978 | 1.1% | +4.6% |
| 1979 | 1.3% | +11.0% |
| 1980 | 1.0% | -19.7% |
| 1981 | 1.3% | +31.6% |
| 1982 | 1.3% | -2.8% |
| 1983 | 1.9% | +45.7% |
| 1984 | 1.3% | -30.3% |
| 1985 | 2.2% | +68.3% |
| 1986 | 2.1% | -4.7% |
| 1987 | 1.8% | -13.8% |
| 1988 | 2.8% | +57.4% |
| 1989 | 2.5% | -12.8% |
| 1990 | 2.1% | -13.6% |
| 1991 | 1.7% | -19.8% |
| 1992 | 1.9% | +13.0% |
| 1993 | 2.0% | +5.6% |
| 1994 | 2.1% | +1.3% |
| 1995 | 2.4% | +16.9% |
| 1996 | 2.4% | -2.7% |
| 1997 | 2.3% | -1.9% |
| 1998 | 1.6% | -29.7% |
| 1999 | 1.4% | -13.4% |
| 2000 | 1.7% | +21.6% |
| 2001 | 2.3% | +34.6% |
| 2002 | 2.7% | +19.4% |
| 2003 | 3.9% | +42.7% |
| 2004 | 4.2% | +7.1% |
| 2005 | 4.4% | +5.8% |
| 2006 | 4.5% | +0.8% |
| 2007 | 5.9% | +30.9% |
| 2008 | 6.1% | +4.3% |
| 2009 | 8.5% | +38.2% |
| 2010 | 9.8% | +16.1% |
| 2011 | 10.7% | +8.6% |
| 2012 | 10.7% | +0.5% |
| 2013 | 11.5% | +6.8% |
| 2014 | 10.9% | -5.3% |
| 2015 | 10.8% | -0.4% |
| 2016 | 11.4% | +5.0% |
| 2017 | 12.4% | +9.2% |
| 2018 | 13.9% | +11.9% |
| 2019 | 14.3% | +3.0% |
| 2020 | 16.2% | +13.7% |
| 2021 | 16.7% | +3.0% |
| 2022 | 15.2% | -9.3% |
| 2023 | 16.3% | +7.7% |
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies in East Asia 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 |
|---|---|---|---|
| 1971 | +180.9% | 0.2% | 0.6% |
| 1964 | +154.6% | 0.4% | 1.1% |
| 1961 | +130.7% | 0.2% | 0.5% |
| 1977 | +124.6% | 0.5% | 1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.6% | 0.2% | 1.1% | 10 |
| 1970s | 0.9% | 0.2% | 1.3% | 10 |
| 1980s | 1.8% | 1.0% | 2.8% | 10 |
| 1990s | 2.0% | 1.4% | 2.4% | 10 |
| 2000s | 4.4% | 1.7% | 8.5% | 10 |
| 2010s | 11.6% | 9.8% | 14.3% | 10 |
| 2020s | 16.1% | 15.2% | 16.7% | 4 |
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)
- 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)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in east asia in Latin America & Caribbean?
- Merchandise exports to low- and middle-income economies in east asia in Latin America & Caribbean was 16.3% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in east asia recorded in Latin America & Caribbean?
- The highest recorded value was 16.7% in 2021.
- What is the lowest merchandise exports to low- and middle-income economies in east asia recorded in Latin America & Caribbean?
- The lowest recorded value was 0.2% in 1968.
- How does Latin America & Caribbean rank for merchandise exports to low- and middle-income economies in east asia?
- Latin America & Caribbean ranks 26th out of 47 groups with data for 2023.
- Is merchandise exports to low- and middle-income economies in east asia rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 42.5%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific region according to World Bank classification of economies. Data are 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.