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

Middle income: Merchandise exports to low- and middle-income economies in Latin was 5.2% in 2023. ▲ Rising

Latest (2023)
5.2%
Change on year
up 2.6%
Rank
9th
of 47 groups
All-time high
6.1%
in 1981
All-time low
3.1%
in 1961
Years of data
64
1960–2023

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

0246196019912023

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

Analysis

The most recent figure for merchandise exports to low- and middle-income economies in latin in Middle income is 5.2%, measured in 2023.

Compared with earlier readings it is up 2.6% on the previous year and up 6.2% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies in latin in Middle income peaked at 6.1% in 1981 and was at its lowest, 3.1%, in 1961.

Middle income ranks 9th of 47 groups on this measure, in the top quarter.

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 Middle 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 Middle income, 1960 to 2023.
Year % of total merchandise exports Change
1960 3.8%
1961 3.1% -19.2%
1962 3.6% +16.0%
1963 3.5% -1.8%
1964 3.9% +10.9%
1965 4.4% +13.7%
1966 4.2% -5.4%
1967 3.8% -8.2%
1968 4.3% +11.1%
1969 4.7% +10.0%
1970 4.7% -0.2%
1971 4.5% -5.0%
1972 4.8% +7.6%
1973 4.9% +1.1%
1974 5.7% +16.7%
1975 6.1% +7.2%
1976 5.3% -13.2%
1977 5.2% -2.1%
1978 4.7% -9.7%
1979 4.7% +0.4%
1980 5.4% +15.9%
1981 6.1% +12.3%
1982 5.6% -7.3%
1983 4.8% -14.6%
1984 4.8% -1.2%
1985 4.7% -2.3%
1986 4.3% -7.2%
1987 3.8% -10.8%
1988 4.0% +3.1%
1989 4.1% +3.5%
1990 3.9% -4.4%
1991 3.9% -1.6%
1992 4.1% +6.2%
1993 4.6% +13.1%
1994 4.9% +6.4%
1995 4.8% -2.3%
1996 4.8% -1.1%
1997 5.1% +7.4%
1998 5.2% +1.3%
1999 4.1% -20.2%
2000 4.3% +3.4%
2001 4.2% -2.3%
2002 3.9% -6.4%
2003 3.5% -11.0%
2004 3.8% +9.9%
2005 3.9% +2.6%
2006 4.1% +4.8%
2007 4.4% +5.7%
2008 4.7% +8.1%
2009 4.4% -6.1%
2010 4.9% +10.1%
2011 5.0% +3.7%
2012 5.0% -1.8%
2013 4.9% -1.2%
2014 4.7% -3.2%
2015 4.6% -2.2%
2016 4.5% -2.3%
2017 4.7% +3.9%
2018 4.7% -1.1%
2019 4.6% -1.9%
2020 4.3% -5.1%
2021 4.9% +13.7%
2022 5.1% +3.0%
2023 5.2% +2.6%

Averages by decade

DecadeAverage LowestHighest Years
1960s 3.9% 3.1% 4.7% 10
1970s 5.0% 4.5% 6.1% 10
1980s 4.8% 3.8% 6.1% 10
1990s 4.6% 3.9% 5.2% 10
2000s 4.1% 3.5% 4.7% 10
2010s 4.8% 4.5% 5.0% 10
2020s 4.9% 4.3% 5.2% 4

Countries ranked near Middle income

  1. 6 Uruguay 37.8% compare
  2. 7 Honduras 33.6% compare
  3. 8 Grenada 31.7% compare
  4. 9 Argentina 30.6% compare
  5. 10 Barbados 29.6% compare
  6. 11 Palau 27.7% compare
  7. 12 Nicaragua 26.9% compare

See the full ranking of 250 places →

More private sector data for Middle income

All data for Middle income →

Frequently asked questions

What is merchandise exports to low- and middle-income economies in latin in Middle income?
Merchandise exports to low- and middle-income economies in latin in Middle income was 5.2% 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 Middle income?
The highest recorded value was 6.1% in 1981.
What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Middle income?
The lowest recorded value was 3.1% in 1961.
How does Middle income rank for merchandise exports to low- and middle-income economies in latin?
Middle income ranks 9th out of 47 groups with data for 2023.
Is merchandise exports to low- and middle-income economies in latin rising or falling in Middle income?
Over the last ten years it is up 6.2%. The long-run trend across the full record is rising.
Where does this Middle 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 Middle 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/middle-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.