Merchandise exports to low- and middle-income economies in Latin in Least developed countries
Least developed countries: Merchandise exports to low- and middle-income economies in Latin was 0.7% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in Latin in Least developed countries, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
In 2023, merchandise exports to low- and middle-income economies in latin in Least developed countries stood at 0.7%.
Compared with earlier readings it is up 3.7% on the previous year and down 10.9% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Least developed countries peaked at 3.2% in 1996 and was at its lowest, 0.0%, in 1960.
That places Least developed countries 45th out of 47 groups with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies in Latin in Least developed countries, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 0.0% | — |
| 1961 | 0.1% | +163.9% |
| 1962 | 0.1% | -2.3% |
| 1963 | 0.1% | +27.8% |
| 1964 | 0.2% | +8.1% |
| 1965 | 0.1% | -29.4% |
| 1966 | 0.1% | +12.4% |
| 1967 | 0.2% | +79.8% |
| 1968 | 0.3% | +23.3% |
| 1969 | 0.4% | +33.1% |
| 1970 | 0.4% | +1.7% |
| 1971 | 0.7% | +74.6% |
| 1972 | 1.3% | +94.5% |
| 1973 | 1.2% | -6.5% |
| 1974 | 1.1% | -11.8% |
| 1975 | 1.3% | +25.9% |
| 1976 | 0.4% | -73.7% |
| 1977 | 0.4% | +1.2% |
| 1978 | 0.2% | -38.7% |
| 1979 | 0.5% | +131.5% |
| 1980 | 0.7% | +46.0% |
| 1981 | 2.0% | +171.9% |
| 1982 | 1.4% | -30.1% |
| 1983 | 2.6% | +84.6% |
| 1984 | 1.5% | -41.8% |
| 1985 | 1.8% | +17.4% |
| 1986 | 1.4% | -20.2% |
| 1987 | 1.1% | -21.0% |
| 1988 | 2.2% | +98.1% |
| 1989 | 0.8% | -63.3% |
| 1990 | 0.9% | +17.1% |
| 1991 | 1.8% | +92.5% |
| 1992 | 0.7% | -60.3% |
| 1993 | 1.1% | +56.7% |
| 1994 | 1.0% | -10.7% |
| 1995 | 2.0% | +95.1% |
| 1996 | 3.2% | +64.4% |
| 1997 | 1.4% | -56.3% |
| 1998 | 1.1% | -20.7% |
| 1999 | 1.1% | -4.5% |
| 2000 | 0.5% | -54.0% |
| 2001 | 0.3% | -37.9% |
| 2002 | 0.4% | +14.4% |
| 2003 | 0.3% | -1.5% |
| 2004 | 0.5% | +42.1% |
| 2005 | 0.7% | +37.5% |
| 2006 | 0.8% | +19.8% |
| 2007 | 1.7% | +116.1% |
| 2008 | 2.0% | +17.2% |
| 2009 | 0.6% | -68.3% |
| 2010 | 0.8% | +28.9% |
| 2011 | 0.9% | +7.0% |
| 2012 | 1.2% | +38.2% |
| 2013 | 0.7% | -40.7% |
| 2014 | 1.0% | +31.2% |
| 2015 | 0.4% | -57.7% |
| 2016 | 0.6% | +50.1% |
| 2017 | 0.7% | +18.2% |
| 2018 | 0.4% | -39.3% |
| 2019 | 0.5% | +17.0% |
| 2020 | 0.4% | -27.2% |
| 2021 | 0.4% | +14.9% |
| 2022 | 0.6% | +46.9% |
| 2023 | 0.7% | +3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.2% | 0.0% | 0.4% | 10 |
| 1970s | 0.7% | 0.2% | 1.3% | 10 |
| 1980s | 1.5% | 0.7% | 2.6% | 10 |
| 1990s | 1.4% | 0.7% | 3.2% | 10 |
| 2000s | 0.8% | 0.3% | 2.0% | 10 |
| 2010s | 0.7% | 0.4% | 1.2% | 10 |
| 2020s | 0.5% | 0.4% | 0.7% | 4 |
Countries ranked near Least developed countries
More private sector data for Least developed countries
- Merchandise trade 41.4% (2025)
- Food imports 15.6% (2019)
- Manufactures imports 62.6% (2019)
- Merchandise imports 376.94 billion current US$ (2025)
- Food exports 15.1% (2023)
- Manufactures exports 20.1% (2023)
- Merchandise exports 311.48 billion current US$ (2025)
- Merchandise exports (current US$), per capita 256.54 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1884 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 10.88 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in latin in Least developed countries?
- Merchandise exports to low- and middle-income economies in latin in Least developed countries 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 Least developed countries?
- The highest recorded value was 3.2% in 1996.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Least developed countries?
- The lowest recorded value was 0.0% in 1960.
- How does Least developed countries rank for merchandise exports to low- and middle-income economies in latin?
- Least developed countries ranks 45th out of 47 groups with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Least developed countries?
- Over the last ten years it is down 10.9%. The long-run trend across the full record is volatile.
- Where does this Least developed countries 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.