Merchandise exports to low- and middle-income economies in Latin in Canada

Canada: Merchandise exports to low- and middle-income economies in Latin was 2.4% in 2023. ▼ Falling

Latest (2023)
2.4%
Change on year
up 0.1%
World rank
59th
of 203 countries
All-time high
3.6%
in 1980
All-time low
1.1%
in 1999
Years of data
64
1960–2023

Merchandise exports to low- and middle-income economies in Latin in Canada, 1960–2023

11.522.533.5196019912023

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.

Analysis

Canada recorded 2.4% for merchandise exports to low- and middle-income economies in latin in 2023.

Compared with earlier readings it is up 0.1% on the previous year and up 3.8% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies in latin in Canada peaked at 3.6% in 1980 and was at its lowest, 1.1%, in 1999.

Canada ranks 59th 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 Canada, year by year

Annual values for Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in Canada, 1960 to 2023.
Year % of total merchandise exports Change
1960 3.0%
1961 3.5% +18.7%
1962 2.9% -16.9%
1963 3.4% +16.2%
1964 3.6% +3.9%
1965 3.1% -11.9%
1966 3.1% -0.4%
1967 2.5% -20.2%
1968 2.3% -6.6%
1969 2.5% +8.9%
1970 2.8% +11.8%
1971 2.6% -8.0%
1972 2.5% -3.6%
1973 2.2% -11.1%
1974 3.3% +47.3%
1975 3.1% -6.9%
1976 3.1% +0.9%
1977 2.5% -19.9%
1978 2.6% +4.7%
1979 2.4% -6.2%
1980 3.6% +48.0%
1981 3.4% -5.1%
1982 2.5% -25.4%
1983 2.3% -8.1%
1984 2.0% -14.5%
1985 1.7% -17.3%
1986 1.9% +15.5%
1987 1.8% -3.8%
1988 1.5% -18.4%
1989 1.5% -2.0%
1990 1.3% -14.0%
1991 1.2% -4.3%
1992 1.4% +14.9%
1993 1.4% -1.8%
1994 1.4% +3.0%
1995 1.4% +2.1%
1996 1.4% -1.4%
1997 1.5% +7.9%
1998 1.3% -13.0%
1999 1.1% -17.0%
2000 1.2% +5.5%
2001 1.2% +5.4%
2002 1.2% -4.4%
2003 1.2% -0.2%
2004 1.4% +17.8%
2005 1.5% +12.3%
2006 1.9% +19.8%
2007 2.1% +12.4%
2008 2.4% +16.9%
2009 2.5% +1.5%
2010 2.6% +5.9%
2011 2.6% -0.7%
2012 2.5% -5.5%
2013 2.3% -5.4%
2014 2.2% -7.3%
2015 2.4% +11.6%
2016 2.5% +5.0%
2017 2.4% -5.2%
2018 2.4% +2.1%
2019 2.2% -8.0%
2020 2.3% +0.5%
2021 2.4% +5.1%
2022 2.4% +1.6%
2023 2.4% +0.1%

Canada compared with similar countries

  • Canada's 2.4% is above the median for high income countries, which is 1.7%, 1.4× the median. (74 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 3.0% 2.3% 3.6% 10
1970s 2.7% 2.2% 3.3% 10
1980s 2.2% 1.5% 3.6% 10
1990s 1.3% 1.1% 1.5% 10
2000s 1.7% 1.2% 2.5% 10
2010s 2.4% 2.2% 2.6% 10
2020s 2.4% 2.3% 2.4% 4

Countries ranked near Canada

  1. 56 Algeria 2.6% compare
  2. 57 Viet Nam 2.6% compare
  3. 58 Bahrain 2.5% compare
  4. 60 Naoero 2.3% compare
  5. 61 Portugal 2.3% compare
  6. 62 Denmark 2.2% compare

See the full ranking of 250 places →

More private sector data for Canada

All data for Canada →

Frequently asked questions

What is merchandise exports to low- and middle-income economies in latin in Canada?
Merchandise exports to low- and middle-income economies in latin in Canada was 2.4% 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 Canada?
The highest recorded value was 3.6% in 1980.
What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Canada?
The lowest recorded value was 1.1% in 1999.
How does Canada rank for merchandise exports to low- and middle-income economies in latin?
Canada ranks 59th out of 203 countries with data for 2023.
Is merchandise exports to low- and middle-income economies in latin rising or falling in Canada?
Over the last ten years it is up 3.8%. The long-run trend across the full record is falling.
Where does this Canada 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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Merchandise exports to low- and middle-income economies in Latin in Canada. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 17 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-to-low-and-middle-income-economies-in-latin-america-and-the-caribbean/canada/

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About this data

Indicator
Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)
Unit
% of total merchandise exports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
250 places, 11,864 data points, 1960–2023
Last refreshed

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.