Merchandise exports to low- and middle-income economies in Latin in East Asia & Pacific
East Asia & Pacific: Merchandise exports to low- and middle-income economies in Latin was 3.9% in 2023. ▲ Rising
Merchandise exports to low- and middle-income economies in Latin in East Asia & Pacific, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
East Asia & Pacific recorded 3.9% for merchandise exports to low- and middle-income economies in latin in 2023. That is the highest value across all 64 years on record.
Compared with earlier readings it is up 5.1% on the previous year and up 21.6% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in East Asia & Pacific peaked at 3.9% in 2023 and was at its lowest, 1.2%, in 1988.
That places East Asia & Pacific 20th out of 47 groups with data for 2023, putting it in the middle of the range.
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 East Asia & Pacific, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 2.5% | — |
| 1961 | 2.9% | +14.2% |
| 1962 | 3.0% | +3.9% |
| 1963 | 2.3% | -21.7% |
| 1964 | 2.5% | +5.6% |
| 1965 | 2.3% | -6.7% |
| 1966 | 2.2% | -4.8% |
| 1967 | 2.4% | +10.5% |
| 1968 | 2.3% | -4.7% |
| 1969 | 2.4% | +5.9% |
| 1970 | 2.5% | +2.3% |
| 1971 | 2.8% | +12.8% |
| 1972 | 2.7% | -2.6% |
| 1973 | 2.8% | +4.0% |
| 1974 | 3.7% | +29.2% |
| 1975 | 3.5% | -6.1% |
| 1976 | 2.5% | -27.6% |
| 1977 | 2.6% | +4.9% |
| 1978 | 2.3% | -11.7% |
| 1979 | 2.4% | +1.5% |
| 1980 | 2.6% | +9.7% |
| 1981 | 2.5% | -3.5% |
| 1982 | 1.8% | -29.1% |
| 1983 | 1.3% | -24.4% |
| 1984 | 1.4% | +4.5% |
| 1985 | 1.4% | -1.0% |
| 1986 | 1.4% | +1.7% |
| 1987 | 1.3% | -6.3% |
| 1988 | 1.2% | -10.5% |
| 1989 | 1.3% | +6.2% |
| 1990 | 1.3% | +5.1% |
| 1991 | 1.4% | +8.9% |
| 1992 | 1.6% | +13.9% |
| 1993 | 1.8% | +13.3% |
| 1994 | 1.9% | +0.3% |
| 1995 | 1.7% | -7.7% |
| 1996 | 1.7% | -2.5% |
| 1997 | 1.9% | +12.9% |
| 1998 | 2.1% | +13.1% |
| 1999 | 1.8% | -14.5% |
| 2000 | 1.9% | +4.2% |
| 2001 | 2.0% | +3.3% |
| 2002 | 1.8% | -8.3% |
| 2003 | 1.6% | -12.8% |
| 2004 | 1.7% | +10.1% |
| 2005 | 1.9% | +8.7% |
| 2006 | 2.2% | +18.0% |
| 2007 | 2.4% | +9.3% |
| 2008 | 2.7% | +13.4% |
| 2009 | 2.5% | -7.2% |
| 2010 | 2.9% | +15.6% |
| 2011 | 3.2% | +7.8% |
| 2012 | 3.2% | -0.2% |
| 2013 | 3.2% | +1.6% |
| 2014 | 3.2% | -0.5% |
| 2015 | 3.2% | +0.3% |
| 2016 | 3.1% | -4.0% |
| 2017 | 3.1% | +2.0% |
| 2018 | 3.2% | +1.3% |
| 2019 | 3.3% | +2.8% |
| 2020 | 3.1% | -6.0% |
| 2021 | 3.6% | +16.3% |
| 2022 | 3.7% | +4.0% |
| 2023 | 3.9% | +5.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.5% | 2.2% | 3.0% | 10 |
| 1970s | 2.8% | 2.3% | 3.7% | 10 |
| 1980s | 1.6% | 1.2% | 2.6% | 10 |
| 1990s | 1.7% | 1.3% | 2.1% | 10 |
| 2000s | 2.1% | 1.6% | 2.7% | 10 |
| 2010s | 3.2% | 2.9% | 3.3% | 10 |
| 2020s | 3.6% | 3.1% | 3.9% | 4 |
Countries ranked near East Asia & Pacific
- 17 Costa Rica 21.1% compare
- 18 Colombia 19.5% compare
- 19 Saint Lucia 18.5% compare
- 20 Trinidad and Tobago 15.5% compare
- 21 Chile 13.4% compare
- 22 Brazil 12.5% compare
- 23 Dominican Republic 12.0% compare
More private sector data for East Asia & Pacific
- Merchandise trade 50.6% (2025)
- Food imports 7.4% (2024)
- Manufactures imports 60.7% (2024)
- Merchandise imports 7.80 trillion current US$ (2025)
- Food exports 4.4% (2024)
- Manufactures exports 81.4% (2024)
- Merchandise exports 9.23 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 3,860 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2742 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 9.24 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in latin in East Asia & Pacific?
- Merchandise exports to low- and middle-income economies in latin in East Asia & Pacific was 3.9% 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 East Asia & Pacific?
- The highest recorded value was 3.9% in 2023.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in East Asia & Pacific?
- The lowest recorded value was 1.2% in 1988.
- How does East Asia & Pacific rank for merchandise exports to low- and middle-income economies in latin?
- East Asia & Pacific ranks 20th out of 47 groups with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in East Asia & Pacific?
- Over the last ten years it is up 21.6%. The long-run trend across the full record is rising.
- Where does this East Asia & Pacific 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.