Merchandise exports to low- and middle-income economies in Latin in Europe & Central Asia

Europe & Central Asia: Merchandise exports to low- and middle-income economies in Latin was 2.0% in 2023. ▼ Falling

Latest (2023)
2.0%
Change on year
up 7.5%
Rank
28th
of 47 groups
All-time high
4.6%
in 1961
All-time low
1.3%
in 2004
Years of data
64
1960–2023

Merchandise exports to low- and middle-income economies in Latin in Europe & Central Asia, 1960–2023

12345196019912023

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

Analysis

Europe & Central Asia recorded 2.0% for merchandise exports to low- and middle-income economies in latin in 2023.

Compared with earlier readings it is up 7.5% on the previous year and up 1.1% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies in latin in Europe & Central Asia peaked at 4.6% in 1961 and was at its lowest, 1.3%, in 2004.

Europe & Central Asia ranks 28th of 47 groups 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 Europe & Central Asia, year by year

Annual values for Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in Europe & Central Asia, 1960 to 2023.
Year % of total merchandise exports Change
1960 4.5%
1961 4.6% +2.8%
1962 4.1% -10.2%
1963 3.5% -15.5%
1964 3.4% -3.2%
1965 3.1% -9.5%
1966 3.3% +8.1%
1967 3.2% -2.7%
1968 3.4% +6.1%
1969 3.3% -2.1%
1970 3.1% -6.0%
1971 3.1% +0.3%
1972 3.0% -5.8%
1973 2.7% -9.0%
1974 3.2% +18.3%
1975 3.2% +0.1%
1976 2.6% -18.5%
1977 2.5% -5.8%
1978 2.4% -3.5%
1979 2.5% +7.2%
1980 2.5% +0.1%
1981 2.6% +4.0%
1982 2.1% -20.6%
1983 1.8% -14.2%
1984 1.7% -4.9%
1985 1.6% -5.7%
1986 1.7% +3.9%
1987 1.5% -9.0%
1988 1.4% -11.5%
1989 1.4% +3.7%
1990 1.4% -3.3%
1991 1.5% +11.3%
1992 1.6% +5.6%
1993 1.8% +12.0%
1994 1.9% +8.6%
1995 1.9% -4.1%
1996 1.9% +0.8%
1997 2.0% +7.4%
1998 2.1% +5.2%
1999 1.8% -17.2%
2000 1.7% -2.1%
2001 1.7% +1.8%
2002 1.5% -14.2%
2003 1.3% -10.3%
2004 1.3% -0.5%
2005 1.4% +3.1%
2006 1.4% +1.2%
2007 1.5% +5.7%
2008 1.6% +7.5%
2009 1.6% -2.0%
2010 1.8% +16.2%
2011 1.8% +1.7%
2012 1.9% +4.8%
2013 1.9% +0.6%
2014 1.9% -2.4%
2015 1.9% +2.3%
2016 1.8% -5.3%
2017 1.9% +2.2%
2018 1.8% -1.8%
2019 1.8% -2.8%
2020 1.6% -8.8%
2021 1.8% +8.4%
2022 1.8% +3.2%
2023 2.0% +7.5%

Averages by decade

DecadeAverage LowestHighest Years
1960s 3.6% 3.1% 4.6% 10
1970s 2.8% 2.4% 3.2% 10
1980s 1.8% 1.4% 2.6% 10
1990s 1.8% 1.4% 2.1% 10
2000s 1.5% 1.3% 1.7% 10
2010s 1.9% 1.8% 1.9% 10
2020s 1.8% 1.6% 2.0% 4

Countries ranked near Europe & Central Asia

  1. 25 San Marino 11.2% compare
  2. 26 Ecuador 9.5% compare
  3. 27 Peru 9.3% compare
  4. 28 Saint Kitts and Nevis 8.8% compare
  5. 29 Cuba 8.0% compare
  6. 30 China 6.0% compare
  7. 31 Panama 5.7% compare

See the full ranking of 250 places →

More private sector data for Europe & Central Asia

All data for Europe & Central Asia →

Frequently asked questions

What is merchandise exports to low- and middle-income economies in latin in Europe & Central Asia?
Merchandise exports to low- and middle-income economies in latin in Europe & Central Asia was 2.0% 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 Europe & Central Asia?
The highest recorded value was 4.6% in 1961.
What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Europe & Central Asia?
The lowest recorded value was 1.3% in 2004.
How does Europe & Central Asia rank for merchandise exports to low- and middle-income economies in latin?
Europe & Central Asia ranks 28th out of 47 groups with data for 2023.
Is merchandise exports to low- and middle-income economies in latin rising or falling in Europe & Central Asia?
Over the last ten years it is up 1.1%. The long-run trend across the full record is falling.
Where does this Europe & Central Asia 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 Europe & Central Asia. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 18 September 2026, from https://private-sector.statizoid.com/stat/merchandise-exports-to-low-and-middle-income-economies-in-latin-america-and-the-caribbean/europe-and-central-asia/

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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.