Merchandise exports to low- and middle-income economies in Latin in Small states
Small states: Merchandise exports to low- and middle-income economies in Latin was 2.5% in 2023. ▲ Rising
Merchandise exports to low- and middle-income economies in Latin in Small states, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Small states recorded 2.5% for merchandise exports to low- and middle-income economies in latin in 2023.
The figure is down 31.1% on the previous year and down 67.1% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Small states peaked at 7.6% in 2013 and was at its lowest, 1.3%, in 1965.
Small states ranks 24th of 47 groups 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 Small states, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 3.0% | — |
| 1961 | 3.2% | +8.6% |
| 1962 | 2.5% | -21.8% |
| 1963 | 2.0% | -19.7% |
| 1964 | 1.7% | -17.1% |
| 1965 | 1.3% | -24.7% |
| 1966 | 1.6% | +29.1% |
| 1967 | 1.6% | -0.3% |
| 1968 | 2.1% | +28.2% |
| 1969 | 2.5% | +19.4% |
| 1970 | 2.7% | +9.6% |
| 1971 | 3.8% | +38.4% |
| 1972 | 3.6% | -3.9% |
| 1973 | 2.7% | -24.2% |
| 1974 | 2.9% | +6.4% |
| 1975 | 3.3% | +12.7% |
| 1976 | 2.6% | -21.3% |
| 1977 | 2.5% | -4.7% |
| 1978 | 2.9% | +17.6% |
| 1979 | 3.7% | +26.1% |
| 1980 | 4.2% | +13.5% |
| 1981 | 3.8% | -8.2% |
| 1982 | 3.8% | -1.0% |
| 1983 | 2.3% | -39.2% |
| 1984 | 1.9% | -15.6% |
| 1985 | 2.0% | +5.5% |
| 1986 | 1.7% | -17.2% |
| 1987 | 2.4% | +40.3% |
| 1988 | 2.6% | +9.9% |
| 1989 | 2.8% | +7.8% |
| 1990 | 3.1% | +9.2% |
| 1991 | 3.0% | -1.5% |
| 1992 | 3.0% | -1.9% |
| 1993 | 4.4% | +46.8% |
| 1994 | 4.0% | -8.0% |
| 1995 | 4.8% | +20.5% |
| 1996 | 4.4% | -9.9% |
| 1997 | 4.6% | +4.5% |
| 1998 | 5.3% | +16.5% |
| 1999 | 5.5% | +3.7% |
| 2000 | 5.1% | -7.1% |
| 2001 | 6.2% | +21.3% |
| 2002 | 5.0% | -20.0% |
| 2003 | 4.7% | -4.4% |
| 2004 | 3.5% | -27.2% |
| 2005 | 5.7% | +64.1% |
| 2006 | 5.3% | -5.7% |
| 2007 | 5.2% | -3.6% |
| 2008 | 7.4% | +44.1% |
| 2009 | 4.3% | -41.8% |
| 2010 | 5.3% | +21.5% |
| 2011 | 4.9% | -6.8% |
| 2012 | 4.5% | -9.0% |
| 2013 | 7.6% | +70.1% |
| 2014 | 5.9% | -21.8% |
| 2015 | 6.0% | +1.2% |
| 2016 | 4.4% | -26.0% |
| 2017 | 3.9% | -11.7% |
| 2018 | 2.9% | -25.6% |
| 2019 | 3.2% | +11.3% |
| 2020 | 2.7% | -15.8% |
| 2021 | 2.8% | +3.6% |
| 2022 | 3.6% | +27.6% |
| 2023 | 2.5% | -31.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.1% | 1.3% | 3.2% | 10 |
| 1970s | 3.1% | 2.5% | 3.8% | 10 |
| 1980s | 2.8% | 1.7% | 4.2% | 10 |
| 1990s | 4.2% | 3.0% | 5.5% | 10 |
| 2000s | 5.2% | 3.5% | 7.4% | 10 |
| 2010s | 4.9% | 2.9% | 7.6% | 10 |
| 2020s | 2.9% | 2.5% | 3.6% | 4 |
Countries ranked near Small states
More private sector data for Small states
- Merchandise trade 70.4% (2025)
- Food imports 16.0% (2024)
- Manufactures imports 60.8% (2024)
- Merchandise imports 141.38 billion current US$ (2025)
- Food exports 19.2% (2024)
- Manufactures exports 43.9% (2024)
- Merchandise exports 100.88 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,958 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2991 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 2.68 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in latin in Small states?
- Merchandise exports to low- and middle-income economies in latin in Small states was 2.5% 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 Small states?
- The highest recorded value was 7.6% in 2013.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Small states?
- The lowest recorded value was 1.3% in 1965.
- How does Small states rank for merchandise exports to low- and middle-income economies in latin?
- Small states ranks 24th out of 47 groups with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Small states?
- Over the last ten years it is down 67.1%. The long-run trend across the full record is rising.
- Where does this Small states 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.
Download this data
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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.