Merchandise exports to low- and middle-income economies in Latin in Australia
Australia: Merchandise exports to low- and middle-income economies in Latin was 0.7% in 2023. ▼ Falling
Merchandise exports to low- and middle-income economies in Latin in Australia, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports to low- and middle-income economies in latin in Australia is 0.7%, measured in 2023.
Compared with earlier readings it is down 6.4% on the previous year and up 20.3% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Australia peaked at 1.7% in 1975 and was at its lowest, 0.4%, in 2020.
Australia ranks 110th of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 64 years of available data.
Merchandise exports to low- and middle-income economies in Latin in Australia, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 1.1% | — |
| 1961 | 0.6% | -49.3% |
| 1962 | 0.8% | +41.7% |
| 1963 | 0.7% | -15.2% |
| 1964 | 1.1% | +51.9% |
| 1965 | 1.2% | +11.9% |
| 1966 | 0.9% | -22.9% |
| 1967 | 1.4% | +51.8% |
| 1968 | 1.0% | -27.8% |
| 1969 | 1.1% | +14.7% |
| 1970 | 0.8% | -34.3% |
| 1971 | 0.8% | +9.3% |
| 1972 | 0.7% | -16.4% |
| 1973 | 0.6% | -8.7% |
| 1974 | 0.8% | +29.4% |
| 1975 | 1.7% | +112.3% |
| 1976 | 0.7% | -58.4% |
| 1977 | 1.1% | +52.9% |
| 1978 | 0.8% | -23.0% |
| 1979 | 0.8% | -1.4% |
| 1980 | 0.9% | +13.1% |
| 1981 | 0.9% | -2.3% |
| 1982 | 0.5% | -41.7% |
| 1983 | 0.6% | +13.6% |
| 1984 | 0.8% | +27.0% |
| 1985 | 1.1% | +37.9% |
| 1986 | 0.8% | -21.6% |
| 1987 | 0.8% | +1.4% |
| 1988 | 0.9% | +0.7% |
| 1989 | 0.7% | -17.9% |
| 1990 | 0.9% | +28.1% |
| 1991 | 0.7% | -18.1% |
| 1992 | 0.8% | +8.2% |
| 1993 | 1.1% | +42.7% |
| 1994 | 1.1% | -3.0% |
| 1995 | 0.8% | -23.4% |
| 1996 | 1.0% | +13.4% |
| 1997 | 1.0% | +3.9% |
| 1998 | 1.2% | +23.3% |
| 1999 | 1.1% | -11.4% |
| 2000 | 1.1% | +0.1% |
| 2001 | 1.0% | -7.4% |
| 2002 | 1.0% | -3.6% |
| 2003 | 1.2% | +19.3% |
| 2004 | 1.1% | -4.6% |
| 2005 | 1.5% | +33.6% |
| 2006 | 1.4% | -6.4% |
| 2007 | 1.2% | -12.8% |
| 2008 | 1.3% | +8.2% |
| 2009 | 1.2% | -8.8% |
| 2010 | 1.3% | +5.7% |
| 2011 | 1.2% | -1.7% |
| 2012 | 1.0% | -20.5% |
| 2013 | 0.6% | -40.5% |
| 2014 | 0.7% | +22.0% |
| 2015 | 0.9% | +28.0% |
| 2016 | 1.0% | +8.1% |
| 2017 | 0.7% | -28.7% |
| 2018 | 0.6% | -7.8% |
| 2019 | 0.5% | -28.0% |
| 2020 | 0.4% | -17.7% |
| 2021 | 0.6% | +55.7% |
| 2022 | 0.7% | +25.6% |
| 2023 | 0.7% | -6.4% |
Australia compared with similar countries
- Australia's 0.7% is below the median for high income countries, which is 1.7%, 41% of the median. (74 countries reporting)
- Australia's 0.7% is below the median for East Asia & Pacific, which is 0.9%, 76% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.0% | 0.6% | 1.4% | 10 |
| 1970s | 0.9% | 0.6% | 1.7% | 10 |
| 1980s | 0.8% | 0.5% | 1.1% | 10 |
| 1990s | 1.0% | 0.7% | 1.2% | 10 |
| 2000s | 1.2% | 1.0% | 1.5% | 10 |
| 2010s | 0.8% | 0.5% | 1.3% | 10 |
| 2020s | 0.6% | 0.4% | 0.7% | 4 |
Countries ranked near Australia
More private sector data for Australia
- Merchandise trade 36.0% (2025)
- Food imports 6.5% (2025)
- Manufactures imports 74.3% (2025)
- Merchandise imports 310.63 billion current US$ (2025)
- Food exports 13.7% (2025)
- Manufactures exports 9.8% (2025)
- Merchandise exports 337.58 billion current US$ (2025)
- Merchandise exports (current US$), per capita 12,225 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1877 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -0.9521 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in latin in Australia?
- Merchandise exports to low- and middle-income economies in latin in Australia was 0.7% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in latin recorded in Australia?
- The highest recorded value was 1.7% in 1975.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Australia?
- The lowest recorded value was 0.4% in 2020.
- How does Australia rank for merchandise exports to low- and middle-income economies in latin?
- Australia ranks 110th out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Australia?
- Over the last ten years it is up 20.3%. The long-run trend across the full record is falling.
- Where does this Australia 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 Latin America & the Caribbean (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean 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.