Merchandise exports to low- and middle-income economies in Latin in United States

United States: Merchandise exports to low- and middle-income economies in Latin was 23.4% in 2023. ▲ Rising

Latest (2023)
23.4%
Change on year
down 1.7%
World rank
15th
of 203 countries
All-time high
23.8%
in 2022
All-time low
9.9%
in 1983
Years of data
64
1960–2023

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

0510152025196019912023

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.

Analysis

United States recorded 23.4% for merchandise exports to low- and middle-income economies in latin in 2023.

Compared with earlier readings it is down 1.7% on the previous year and up 4.1% over ten years.

Over the whole period, merchandise exports to low- and middle-income economies in latin in United States peaked at 23.8% in 2022 and was at its lowest, 9.9%, in 1983.

That places United States 15th out of 203 countries with data for 2023, putting it in the top 10%.

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 United States, year by year

Annual values for Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in United States, 1960 to 2023.
Year % of total merchandise exports Change
1960 13.9%
1961 13.4% -3.2%
1962 12.6% -5.9%
1963 11.6% -8.5%
1964 12.0% +3.6%
1965 11.2% -6.9%
1966 11.7% +4.9%
1967 10.9% -7.3%
1968 11.3% +3.7%
1969 10.6% -5.9%
1970 11.2% +6.1%
1971 11.0% -1.9%
1972 11.3% +2.2%
1973 11.4% +1.1%
1974 13.0% +14.4%
1975 12.7% -2.3%
1976 11.4% -10.7%
1977 11.0% -3.2%
1978 11.5% +4.7%
1979 12.5% +8.5%
1980 14.2% +13.7%
1981 14.3% +0.3%
1982 11.7% -18.1%
1983 9.9% -15.6%
1984 10.6% +7.5%
1985 11.6% +9.3%
1986 11.4% -1.6%
1987 11.1% -2.4%
1988 11.2% +1.1%
1989 11.6% +3.3%
1990 11.9% +2.8%
1991 13.0% +8.7%
1992 14.6% +12.6%
1993 14.6% +0.2%
1994 16.2% +10.5%
1995 14.5% -10.3%
1996 15.6% +7.4%
1997 17.0% +9.1%
1998 18.4% +8.1%
1999 18.4% +0.3%
2000 19.7% +6.7%
2001 19.8% +0.7%
2002 19.6% -1.0%
2003 18.9% -3.4%
2004 19.1% +1.1%
2005 18.9% -1.1%
2006 18.9% -0.2%
2007 18.2% -3.6%
2008 19.0% +4.3%
2009 19.4% +2.3%
2010 20.5% +5.7%
2011 21.5% +4.6%
2012 22.0% +2.5%
2013 22.5% +2.2%
2014 23.0% +2.1%
2015 22.9% -0.2%
2016 22.8% -0.5%
2017 23.1% +1.2%
2018 23.3% +0.9%
2019 23.1% -1.0%
2020 21.7% -5.8%
2021 23.4% +7.7%
2022 23.8% +1.8%
2023 23.4% -1.7%

United States compared with similar countries

  • United States's 23.4% is above the median for high income countries, which is 1.7%, 13.8× the median. (74 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 11.9% 10.6% 13.9% 10
1970s 11.7% 11.0% 13.0% 10
1980s 11.8% 9.9% 14.3% 10
1990s 15.4% 11.9% 18.4% 10
2000s 19.2% 18.2% 19.8% 10
2010s 22.5% 20.5% 23.3% 10
2020s 23.1% 21.7% 23.8% 4

Countries ranked near United States

  1. 12 Nicaragua 26.9% compare
  2. 13 Saint Vincent and the Grenadines 25.3% compare
  3. 14 Belize 24.5% compare
  4. 16 Venezuela 22.8% compare
  5. 17 Costa Rica 21.1% compare
  6. 18 Colombia 19.5% compare

See the full ranking of 250 places →

More private sector data for United States

All data for United States →

Frequently asked questions

What is merchandise exports to low- and middle-income economies in latin in United States?
Merchandise exports to low- and middle-income economies in latin in United States was 23.4% 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 United States?
The highest recorded value was 23.8% in 2022.
What is the lowest merchandise exports to low- and middle-income economies in latin recorded in United States?
The lowest recorded value was 9.9% in 1983.
How does United States rank for merchandise exports to low- and middle-income economies in latin?
United States ranks 15th out of 203 countries with data for 2023.
Is merchandise exports to low- and middle-income economies in latin rising or falling in United States?
Over the last ten years it is up 4.1%. The long-run trend across the full record is rising.
Where does this United 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.

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Merchandise exports to low- and middle-income economies in Latin in United States. 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/united-states/

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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.