Merchandise exports to low- and middle-income economies in Latin in Brazil
Brazil: Merchandise exports to low- and middle-income economies in Latin was 12.5% in 2023. ▲ Rising
Merchandise exports to low- and middle-income economies in Latin in Brazil, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Brazil recorded 12.5% for merchandise exports to low- and middle-income economies in latin in 2023.
The figure is up 1.9% on the previous year and down 17.5% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Brazil peaked at 23.3% in 1998 and was at its lowest, 4.3%, in 1963.
That places Brazil 22nd out of 203 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 64 years of available data.
Merchandise exports to low- and middle-income economies in Latin in Brazil, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 5.0% | — |
| 1961 | 5.5% | +9.8% |
| 1962 | 4.9% | -11.1% |
| 1963 | 4.3% | -11.0% |
| 1964 | 8.0% | +83.6% |
| 1965 | 11.4% | +43.2% |
| 1966 | 8.9% | -22.4% |
| 1967 | 7.8% | -12.5% |
| 1968 | 8.5% | +9.0% |
| 1969 | 9.5% | +12.2% |
| 1970 | 9.5% | +0.2% |
| 1971 | 10.5% | +10.0% |
| 1972 | 8.3% | -20.6% |
| 1973 | 7.6% | -8.4% |
| 1974 | 9.4% | +23.1% |
| 1975 | 11.8% | +26.4% |
| 1976 | 9.7% | -18.0% |
| 1977 | 9.1% | -5.7% |
| 1978 | 9.8% | +7.0% |
| 1979 | 12.4% | +27.1% |
| 1980 | 13.7% | +10.3% |
| 1981 | 13.5% | -1.6% |
| 1982 | 10.9% | -19.2% |
| 1983 | 7.8% | -28.5% |
| 1984 | 8.7% | +11.5% |
| 1985 | 7.0% | -19.8% |
| 1986 | 8.8% | +27.0% |
| 1987 | 8.8% | -0.8% |
| 1988 | 8.4% | -4.6% |
| 1989 | 8.1% | -2.6% |
| 1990 | 8.4% | +2.6% |
| 1991 | 12.5% | +49.5% |
| 1992 | 17.7% | +41.5% |
| 1993 | 19.6% | +10.6% |
| 1994 | 19.6% | +0.0% |
| 1995 | 17.7% | -9.3% |
| 1996 | 19.7% | +11.2% |
| 1997 | 22.7% | +15.1% |
| 1998 | 23.3% | +2.7% |
| 1999 | 19.6% | -16.0% |
| 2000 | 20.4% | +4.2% |
| 2001 | 17.9% | -12.4% |
| 2002 | 14.3% | -20.1% |
| 2003 | 15.6% | +9.6% |
| 2004 | 17.6% | +12.4% |
| 2005 | 18.0% | +2.3% |
| 2006 | 18.4% | +2.0% |
| 2007 | 18.6% | +1.4% |
| 2008 | 19.3% | +3.8% |
| 2009 | 17.6% | -8.9% |
| 2010 | 18.2% | +3.3% |
| 2011 | 16.9% | -7.3% |
| 2012 | 15.1% | -10.7% |
| 2013 | 15.1% | +0.4% |
| 2014 | 13.9% | -7.9% |
| 2015 | 14.7% | +5.3% |
| 2016 | 15.3% | +4.4% |
| 2017 | 16.0% | +4.3% |
| 2018 | 13.5% | -15.6% |
| 2019 | 11.9% | -11.6% |
| 2020 | 10.3% | -13.3% |
| 2021 | 11.3% | +9.5% |
| 2022 | 12.3% | +8.2% |
| 2023 | 12.5% | +1.9% |
Brazil compared with similar countries
- Brazil's 12.5% is above the median for upper middle income countries, which is 1.9%, 6.5× the median. (58 countries reporting)
- Brazil's 12.5% is below the median for Latin America & Caribbean, which is 14.5%, 86% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.4% | 4.3% | 11.4% | 10 |
| 1970s | 9.8% | 7.6% | 12.4% | 10 |
| 1980s | 9.6% | 7.0% | 13.7% | 10 |
| 1990s | 18.1% | 8.4% | 23.3% | 10 |
| 2000s | 17.8% | 14.3% | 20.4% | 10 |
| 2010s | 15.1% | 11.9% | 18.2% | 10 |
| 2020s | 11.6% | 10.3% | 12.5% | 4 |
Countries ranked near Brazil
- 19 Saint Lucia 18.5% compare
- 20 Trinidad and Tobago 15.5% compare
- 21 Chile 13.4% compare
- 23 Dominican Republic 12.0% compare
- 24 Suriname 11.7% compare
- 25 San Marino 11.2% compare
More private sector data for Brazil
- Merchandise trade 28.2% (2025)
- Food imports 5.5% (2025)
- Manufactures imports 79.7% (2025)
- Merchandise imports 293.70 billion current US$ (2025)
- Food exports 40.7% (2025)
- Manufactures exports 23.8% (2025)
- Merchandise exports 348.28 billion current US$ (2025)
- Merchandise exports (current US$), per capita 1,637 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1528 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 3.33 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in latin in Brazil?
- Merchandise exports to low- and middle-income economies in latin in Brazil was 12.5% 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 Brazil?
- The highest recorded value was 23.3% in 1998.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Brazil?
- The lowest recorded value was 4.3% in 1963.
- How does Brazil rank for merchandise exports to low- and middle-income economies in latin?
- Brazil ranks 22nd out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Brazil?
- Over the last ten years it is down 17.5%. The long-run trend across the full record is rising.
- Where does this Brazil 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.
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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.