Merchandise exports to low- and middle-income economies in Latin in South Asia
South Asia: Merchandise exports to low- and middle-income economies in Latin was 3.9% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in Latin in South Asia, 1960–2023
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 South Asia stood at 3.9%.
Compared with earlier readings it is down 8.2% on the previous year and up 16.2% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in South Asia peaked at 4.2% in 2022 and was at its lowest, 0.2%, in 1983.
That places South Asia 21st out of 47 groups with data for 2023, putting it in the middle of the range.
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 South Asia, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 2.2% | — |
| 1961 | 1.9% | -14.7% |
| 1962 | 2.4% | +23.4% |
| 1963 | 2.1% | -13.1% |
| 1964 | 1.8% | -10.7% |
| 1965 | 1.5% | -19.6% |
| 1966 | 0.7% | -51.0% |
| 1967 | 0.5% | -27.0% |
| 1968 | 0.4% | -24.7% |
| 1969 | 0.4% | +8.0% |
| 1970 | 0.5% | +16.3% |
| 1971 | 0.9% | +71.6% |
| 1972 | 0.8% | -2.6% |
| 1973 | 0.6% | -28.9% |
| 1974 | 1.1% | +77.4% |
| 1975 | 0.7% | -33.0% |
| 1976 | 0.5% | -31.7% |
| 1977 | 0.3% | -33.3% |
| 1978 | 0.4% | +34.8% |
| 1979 | 0.5% | +11.4% |
| 1980 | 0.6% | +34.1% |
| 1981 | 0.7% | +4.6% |
| 1982 | 0.3% | -51.9% |
| 1983 | 0.2% | -47.6% |
| 1984 | 0.3% | +91.4% |
| 1985 | 0.4% | +14.0% |
| 1986 | 0.4% | +1.0% |
| 1987 | 0.3% | -17.4% |
| 1988 | 0.5% | +73.2% |
| 1989 | 0.4% | -26.7% |
| 1990 | 0.5% | +29.6% |
| 1991 | 0.7% | +28.2% |
| 1992 | 0.8% | +17.7% |
| 1993 | 0.9% | +16.0% |
| 1994 | 1.0% | +10.7% |
| 1995 | 0.8% | -16.2% |
| 1996 | 0.9% | +12.3% |
| 1997 | 1.1% | +21.5% |
| 1998 | 1.2% | +4.8% |
| 1999 | 1.3% | +7.5% |
| 2000 | 1.4% | +10.8% |
| 2001 | 1.5% | +8.6% |
| 2002 | 1.7% | +13.6% |
| 2003 | 1.4% | -18.1% |
| 2004 | 1.9% | +32.0% |
| 2005 | 2.2% | +17.8% |
| 2006 | 2.4% | +7.8% |
| 2007 | 2.7% | +14.3% |
| 2008 | 2.8% | +2.4% |
| 2009 | 2.1% | -24.9% |
| 2010 | 2.7% | +29.1% |
| 2011 | 3.1% | +12.8% |
| 2012 | 3.5% | +14.8% |
| 2013 | 3.3% | -4.9% |
| 2014 | 4.0% | +21.1% |
| 2015 | 3.4% | -17.2% |
| 2016 | 3.2% | -3.3% |
| 2017 | 3.3% | +3.3% |
| 2018 | 3.4% | +2.2% |
| 2019 | 3.5% | +2.0% |
| 2020 | 3.5% | +1.7% |
| 2021 | 3.8% | +7.9% |
| 2022 | 4.2% | +10.4% |
| 2023 | 3.9% | -8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.4% | 0.4% | 2.4% | 10 |
| 1970s | 0.6% | 0.3% | 1.1% | 10 |
| 1980s | 0.4% | 0.2% | 0.7% | 10 |
| 1990s | 0.9% | 0.5% | 1.3% | 10 |
| 2000s | 2.0% | 1.4% | 2.8% | 10 |
| 2010s | 3.4% | 2.7% | 4.0% | 10 |
| 2020s | 3.9% | 3.5% | 4.2% | 4 |
Countries ranked near South Asia
- 18 Colombia 19.5% compare
- 19 Saint Lucia 18.5% compare
- 20 Trinidad and Tobago 15.5% compare
- 21 Chile 13.4% compare
- 22 Brazil 12.5% compare
- 23 Dominican Republic 12.0% compare
- 24 Suriname 11.7% compare
More private sector data for South Asia
- Merchandise trade 30.0% (2025)
- Food imports 5.6% (2024)
- Manufactures imports 47.1% (2024)
- Merchandise imports 864.53 billion current US$ (2025)
- Food exports 11.8% (2024)
- Manufactures exports 67.0% (2024)
- Merchandise exports 510.58 billion current US$ (2025)
- Merchandise exports (current US$), per capita 301.72 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1115 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 1.04 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in latin in South Asia?
- Merchandise exports to low- and middle-income economies in latin in South Asia was 3.9% 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 Asia?
- The highest recorded value was 4.2% in 2022.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in South Asia?
- The lowest recorded value was 0.2% in 1983.
- How does South Asia rank for merchandise exports to low- and middle-income economies in latin?
- South Asia ranks 21st out of 47 groups with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in South Asia?
- Over the last ten years it is up 16.2%. The long-run trend across the full record is volatile.
- Where does this South Asia 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
CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.