Merchandise exports to low- and middle-income economies in Latin in South Africa

South Africa: Merchandise exports to low- and middle-income economies in Latin was 1.1% in 2023. ▼ Falling

Latest (2023)
1.1%
Change on year
up 7.0%
World rank
96th
of 203 countries
All-time high
2.6%
in 1998
All-time low
0.9%
in 2021
Years of data
26
1998–2023

Merchandise exports to low- and middle-income economies in Latin in South Africa, 1998–2023

01231998201020231998: 2.6 % of total merchandise exports1999: 1.8 % of total merchandise exports2000: 2.2 % of total merchandise exports2001: 1.7 % of total merchandise exports2002: 1.6 % of total merchandise exports2003: 1.2 % of total merchandise exports2004: 1.2 % of total merchandise exports2005: 1.3 % of total merchandise exports2006: 1.6 % of total merchandise exports2007: 1.6 % of total merchandise exports2008: 1.5 % of total merchandise exports2009: 1.3 % of total merchandise exports2010: 1.5 % of total merchandise exports2011: 1.9 % of total merchandise exports2012: 1.9 % of total merchandise exports2013: 1.5 % of total merchandise exports2014: 1.3 % of total merchandise exports2015: 1.4 % of total merchandise exports2016: 1.2 % of total merchandise exports2017: 1 % of total merchandise exports2018: 1.2 % of total merchandise exports2019: 1.1 % of total merchandise exports2020: 0.948 % of total merchandise exports2021: 0.906 % of total merchandise exports2022: 1 % of total merchandise exports2023: 1.1 % of total merchandise exports

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 South Africa is 1.1%, measured in 2023.

Compared with earlier readings it is up 7.0% on the previous year and down 23.9% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies in latin in South Africa peaked at 2.6% in 1998 and was at its lowest, 0.9%, in 2021.

That places South Africa 96th out of 203 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently falling across the 26 years of available data.

Merchandise exports to low- and middle-income economies in Latin in South Africa, year by year

Annual values for Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in South Africa, 1998 to 2023.
Year % of total merchandise exports Change
1998 2.6%
1999 1.8% -29.8%
2000 2.2% +23.6%
2001 1.7% -22.3%
2002 1.6% -7.9%
2003 1.2% -23.4%
2004 1.2% +2.1%
2005 1.3% +7.2%
2006 1.6% +22.8%
2007 1.6% -3.3%
2008 1.5% -4.8%
2009 1.3% -15.4%
2010 1.5% +18.6%
2011 1.9% +23.3%
2012 1.9% +4.3%
2013 1.5% -24.1%
2014 1.3% -8.8%
2015 1.4% +5.4%
2016 1.2% -17.6%
2017 1.0% -12.1%
2018 1.2% +19.0%
2019 1.1% -12.1%
2020 0.9% -11.4%
2021 0.9% -4.5%
2022 1.0% +15.5%
2023 1.1% +7.0%

South Africa compared with similar countries

  • South Africa's 1.1% is below the median for upper middle income countries, which is 1.9%, 58% of the median. (58 countries reporting)
  • South Africa's 1.1% is above the median for Sub-Saharan Africa, which is 0.1%, 10.4× the median. (47 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.2% 1.8% 2.6% 2
2000s 1.5% 1.2% 2.2% 10
2010s 1.4% 1.0% 1.9% 10
2020s 1.0% 0.9% 1.1% 4

Countries ranked near South Africa

  1. 93 Jordan 1.3% compare
  2. 94 Hungary 1.2% compare
  3. 95 Georgia 1.2% compare
  4. 97 Singapore 1.1% compare
  5. 98 Sint Maarten (Dutch part) 1.1% compare
  6. 99 Poland 1.0% compare

See the full ranking of 250 places →

More private sector data for South Africa

All data for South Africa →

Frequently asked questions

What is merchandise exports to low- and middle-income economies in latin in South Africa?
Merchandise exports to low- and middle-income economies in latin in South Africa was 1.1% 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 South Africa?
The highest recorded value was 2.6% in 1998.
What is the lowest merchandise exports to low- and middle-income economies in latin recorded in South Africa?
The lowest recorded value was 0.9% in 2021.
How does South Africa rank for merchandise exports to low- and middle-income economies in latin?
South Africa ranks 96th out of 203 countries with data for 2023.
Is merchandise exports to low- and middle-income economies in latin rising or falling in South Africa?
Over the last ten years it is down 23.9%. The long-run trend across the full record is falling.
Where does this South Africa 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 South Africa. 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/south-africa/

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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.