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

Portugal: Merchandise exports to low- and middle-income economies in Latin was 2.3% in 2023. ▲ Rising

Latest (2023)
2.3%
Change on year
up 3.3%
World rank
61st
of 203 countries
All-time high
3.0%
in 1978
All-time low
0.4%
in 1992
Years of data
64
1960–2023

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

0123196019912023

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 Portugal is 2.3%, measured in 2023.

That represents a change of up 3.3% on the previous year and down 12.2% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies in latin in Portugal peaked at 3.0% in 1978 and was at its lowest, 0.4%, in 1992.

Portugal ranks 61st of 203 countries on this measure, 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 Portugal, year by year

Annual values for Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in Portugal, 1960 to 2023.
Year % of total merchandise exports Change
1960 2.2%
1961 2.2% +2.7%
1962 1.9% -13.5%
1963 1.5% -22.2%
1964 1.3% -14.9%
1965 1.3% +3.3%
1966 1.6% +20.8%
1967 1.7% +5.5%
1968 1.6% -3.5%
1969 1.5% -9.5%
1970 1.8% +20.2%
1971 1.5% -12.2%
1972 1.7% +6.5%
1973 1.6% -3.3%
1974 3.0% +85.3%
1975 2.0% -32.4%
1976 1.9% -2.9%
1977 1.4% -29.8%
1978 3.0% +118.9%
1979 2.7% -10.2%
1980 2.1% -21.0%
1981 1.9% -9.3%
1982 1.2% -36.1%
1983 0.5% -60.8%
1984 0.6% +21.4%
1985 1.4% +143.4%
1986 1.3% -9.3%
1987 0.6% -55.5%
1988 0.5% -4.8%
1989 0.5% -11.3%
1990 0.4% -8.7%
1991 0.4% -2.2%
1992 0.4% -6.4%
1993 0.7% +61.2%
1994 1.2% +80.3%
1995 1.3% +11.4%
1996 1.4% +10.3%
1997 1.6% +7.6%
1998 1.6% +1.9%
1999 1.1% -32.8%
2000 1.2% +15.6%
2001 1.5% +19.6%
2002 1.1% -23.8%
2003 0.9% -21.7%
2004 1.0% +13.8%
2005 1.1% +6.5%
2006 1.4% +29.4%
2007 1.3% -6.5%
2008 1.7% +30.6%
2009 1.9% +13.3%
2010 2.7% +41.8%
2011 2.9% +6.8%
2012 2.5% -14.2%
2013 2.6% +5.8%
2014 2.3% -10.6%
2015 2.2% -5.2%
2016 2.1% -3.8%
2017 2.9% +34.0%
2018 2.6% -9.1%
2019 2.3% -11.7%
2020 2.4% +2.2%
2021 2.2% -6.8%
2022 2.2% +1.7%
2023 2.3% +3.3%

Portugal compared with similar countries

  • Portugal's 2.3% is above the median for high income countries, which is 1.7%, 1.4× the median. (74 countries reporting)
  • Portugal's 2.3% is above the median for Europe & Central Asia, which is 0.8%, 2.9× the median. (53 countries reporting)

Biggest year-on-year movements

Years where Merchandise exports to low- and middle-income economies in Latin in Portugal 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
1985 +143.4% 0.6% 1.4%
1978 +118.9% 1.4% 3.0%

Averages by decade

DecadeAverage LowestHighest Years
1960s 1.7% 1.3% 2.2% 10
1970s 2.0% 1.4% 3.0% 10
1980s 1.1% 0.5% 2.1% 10
1990s 1.0% 0.4% 1.6% 10
2000s 1.3% 0.9% 1.9% 10
2010s 2.5% 2.1% 2.9% 10
2020s 2.3% 2.2% 2.4% 4

Countries ranked near Portugal

  1. 58 Bahrain 2.5% compare
  2. 59 Canada 2.4% compare
  3. 60 Nauru 2.3% compare
  4. 62 Denmark 2.2% compare
  5. 63 Malaysia 2.1% compare
  6. 64 Finland 2.1% compare

See the full ranking of 250 places →

More private sector data for Portugal

All data for Portugal →

Frequently asked questions

What is merchandise exports to low- and middle-income economies in latin in Portugal?
Merchandise exports to low- and middle-income economies in latin in Portugal was 2.3% 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 Portugal?
The highest recorded value was 3.0% in 1978.
What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Portugal?
The lowest recorded value was 0.4% in 1992.
How does Portugal rank for merchandise exports to low- and middle-income economies in latin?
Portugal ranks 61st out of 203 countries with data for 2023.
Is merchandise exports to low- and middle-income economies in latin rising or falling in Portugal?
Over the last ten years it is down 12.2%. The long-run trend across the full record is rising.
Where does this Portugal 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 Portugal. 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/portugal/

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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.