Merchandise exports to low- and middle-income economies in Latin in Spain
Spain: Merchandise exports to low- and middle-income economies in Latin was 4.1% in 2023. ▼ Falling
Merchandise exports to low- and middle-income economies in Latin in Spain, 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 Spain stood at 4.1%.
Compared with earlier readings it is up 0.9% on the previous year and down 22.0% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Spain peaked at 16.3% in 1966 and was at its lowest, 2.7%, in 1988.
Spain ranks 37th of 203 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 64 years of available data.
Merchandise exports to low- and middle-income economies in Latin in Spain, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 6.9% | — |
| 1961 | 6.2% | -9.4% |
| 1962 | 7.6% | +22.1% |
| 1963 | 8.1% | +6.4% |
| 1964 | 10.4% | +28.9% |
| 1965 | 9.8% | -5.8% |
| 1966 | 16.3% | +65.6% |
| 1967 | 11.1% | -32.1% |
| 1968 | 12.2% | +10.7% |
| 1969 | 12.7% | +3.4% |
| 1970 | 8.9% | -29.7% |
| 1971 | 8.6% | -3.2% |
| 1972 | 7.7% | -10.8% |
| 1973 | 7.0% | -9.0% |
| 1974 | 6.8% | -3.1% |
| 1975 | 7.6% | +11.8% |
| 1976 | 6.8% | -9.9% |
| 1977 | 7.1% | +4.2% |
| 1978 | 6.2% | -12.8% |
| 1979 | 8.2% | +31.3% |
| 1980 | 7.9% | -3.2% |
| 1981 | 7.9% | +0.5% |
| 1982 | 7.4% | -6.5% |
| 1983 | 4.6% | -37.5% |
| 1984 | 4.2% | -10.2% |
| 1985 | 4.8% | +14.2% |
| 1986 | 4.4% | -7.2% |
| 1987 | 3.2% | -27.7% |
| 1988 | 2.7% | -15.9% |
| 1989 | 2.9% | +8.0% |
| 1990 | 3.0% | +3.1% |
| 1991 | 2.9% | -1.9% |
| 1992 | 3.7% | +25.6% |
| 1993 | 4.7% | +26.5% |
| 1994 | 5.1% | +9.2% |
| 1995 | 4.4% | -13.7% |
| 1996 | 4.7% | +5.9% |
| 1997 | 5.0% | +7.4% |
| 1998 | 5.4% | +8.0% |
| 1999 | 5.0% | -7.8% |
| 2000 | 4.7% | -4.9% |
| 2001 | 4.8% | +2.4% |
| 2002 | 4.3% | -11.6% |
| 2003 | 3.8% | -10.6% |
| 2004 | 3.8% | -2.0% |
| 2005 | 3.8% | +2.4% |
| 2006 | 4.0% | +5.4% |
| 2007 | 4.1% | +0.5% |
| 2008 | 4.1% | +0.8% |
| 2009 | 3.9% | -5.3% |
| 2010 | 4.3% | +11.4% |
| 2011 | 4.4% | +0.6% |
| 2012 | 4.8% | +10.6% |
| 2013 | 5.3% | +10.0% |
| 2014 | 5.0% | -5.4% |
| 2015 | 5.1% | +1.5% |
| 2016 | 4.4% | -12.6% |
| 2017 | 4.8% | +8.4% |
| 2018 | 4.6% | -4.6% |
| 2019 | 4.3% | -5.6% |
| 2020 | 3.7% | -15.0% |
| 2021 | 3.9% | +5.4% |
| 2022 | 4.1% | +5.5% |
| 2023 | 4.1% | +0.9% |
Spain compared with similar countries
- Spain's 4.1% is above the median for high income countries, which is 1.7%, 2.4× the median. (74 countries reporting)
- Spain's 4.1% is above the median for Europe & Central Asia, which is 0.8%, 5.3× the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.1% | 6.2% | 16.3% | 10 |
| 1970s | 7.5% | 6.2% | 8.9% | 10 |
| 1980s | 5.0% | 2.7% | 7.9% | 10 |
| 1990s | 4.4% | 2.9% | 5.4% | 10 |
| 2000s | 4.1% | 3.8% | 4.8% | 10 |
| 2010s | 4.7% | 4.3% | 5.3% | 10 |
| 2020s | 4.0% | 3.7% | 4.1% | 4 |
Countries ranked near Spain
More private sector data for Spain
- Merchandise trade 50.3% (2025)
- Food imports 12.5% (2024)
- Manufactures imports 65.3% (2024)
- Merchandise imports 513.32 billion current US$ (2025)
- Food exports 18.6% (2024)
- Manufactures exports 65.2% (2024)
- Merchandise exports 445.11 billion current US$ (2025)
- Merchandise exports (current US$), per capita 9,018 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2335 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 3.87 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in latin in Spain?
- Merchandise exports to low- and middle-income economies in latin in Spain was 4.1% 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 Spain?
- The highest recorded value was 16.3% in 1966.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Spain?
- The lowest recorded value was 2.7% in 1988.
- How does Spain rank for merchandise exports to low- and middle-income economies in latin?
- Spain ranks 37th out of 203 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Spain?
- Over the last ten years it is down 22.0%. The long-run trend across the full record is falling.
- Where does this Spain 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.