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

Low income: Merchandise exports to low- and middle-income economies in Latin was 0.1% in 2023. ◆ Volatile

Latest (2023)
0.1%
Change on year
down 20.4%
Rank
47th
of 47 groups
All-time high
3.8%
in 1996
All-time low
0.0%
in 1979
Years of data
64
1960–2023

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

01234196019912023

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 Low income stood at 0.1%.

Compared with earlier readings it is down 20.4% on the previous year and down 87.0% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies in latin in Low income peaked at 3.8% in 1996 and was at its lowest, 0.0%, in 1979.

Low income ranks 47th of 47 groups on this measure, 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 Low income, year by year

Annual values for Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in Low income, 1960 to 2023.
Year % of total merchandise exports Change
1960 0.0%
1961 0.1% +228.7%
1962 0.0% -64.2%
1963 0.1% +0.4%
1964 0.1% +79.0%
1965 0.1% -41.1%
1966 0.1% +98.9%
1967 0.1% +13.9%
1968 0.1% -43.1%
1969 0.1% +75.6%
1970 0.1% +23.1%
1971 0.1% -10.4%
1972 0.1% -56.6%
1973 0.1% +70.0%
1974 0.2% +65.8%
1975 1.1% +595.1%
1976 0.1% -93.0%
1977 0.2% +209.0%
1978 0.1% -39.4%
1979 0.0% -98.0%
1980 0.1% +3209.0%
1981 0.1% +40.4%
1982 0.3% +113.8%
1983 0.3% +14.3%
1984 0.1% -56.1%
1985 0.2% +4.7%
1986 0.1% -13.4%
1987 0.6% +376.2%
1988 1.4% +114.1%
1989 0.9% -32.4%
1990 0.5% -43.1%
1991 0.3% -43.5%
1992 0.5% +69.7%
1993 1.1% +111.9%
1994 0.8% -28.3%
1995 2.5% +222.7%
1996 3.8% +52.2%
1997 2.1% -43.7%
1998 2.0% -7.9%
1999 1.7% -12.8%
2000 1.8% +3.6%
2001 1.1% -35.3%
2002 0.5% -56.2%
2003 0.5% +5.8%
2004 0.5% +3.6%
2005 0.7% +36.5%
2006 0.7% -1.7%
2007 0.8% +5.0%
2008 0.4% -45.4%
2009 0.5% +18.9%
2010 0.7% +35.1%
2011 0.9% +34.4%
2012 0.6% -37.3%
2013 0.5% -12.5%
2014 0.4% -14.2%
2015 0.3% -18.5%
2016 0.2% -40.2%
2017 0.1% -43.3%
2018 0.2% +48.0%
2019 0.3% +57.1%
2020 0.1% -55.7%
2021 0.1% -27.0%
2022 0.1% -8.9%
2023 0.1% -20.4%

Biggest year-on-year movements

Years where Merchandise exports to low- and middle-income economies in Latin in Low income changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1980 +3209.0% 0.0% 0.1%
1975 +595.1% 0.2% 1.1%
1987 +376.2% 0.1% 0.6%

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.1% 0.0% 0.1% 10
1970s 0.2% 0.0% 1.1% 10
1980s 0.4% 0.1% 1.4% 10
1990s 1.5% 0.3% 3.8% 10
2000s 0.8% 0.4% 1.8% 10
2010s 0.4% 0.1% 0.9% 10
2020s 0.1% 0.1% 0.1% 4

Countries ranked near Low income

  1. 44 Russia 3.3% compare
  2. 45 South Korea 3.3% compare
  3. 46 Japan 3.2% compare
  4. 47 American Samoa 3.2% compare
  5. 48 Sri Lanka 3.2% compare
  6. 49 Nigeria 3.2% compare
  7. 50 Ghana 3.1% compare

See the full ranking of 250 places →

More private sector data for Low income

All data for Low income →

Frequently asked questions

What is merchandise exports to low- and middle-income economies in latin in Low income?
Merchandise exports to low- and middle-income economies in latin in Low income was 0.1% 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 Low income?
The highest recorded value was 3.8% in 1996.
What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Low income?
The lowest recorded value was 0.0% in 1979.
How does Low income rank for merchandise exports to low- and middle-income economies in latin?
Low income ranks 47th out of 47 groups with data for 2023.
Is merchandise exports to low- and middle-income economies in latin rising or falling in Low income?
Over the last ten years it is down 87.0%. The long-run trend across the full record is volatile.
Where does this Low income 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 Low income. 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/low-income/

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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.