Merchandise exports to low- and middle-income economies in Latin in Upper middle income
Upper middle income: Merchandise exports to low- and middle-income economies in Latin was 5.4% in 2023. ▬ Flat
Merchandise exports to low- and middle-income economies in Latin in Upper middle income, 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 Upper middle income stood at 5.4%.
Compared with earlier readings it is up 3.7% on the previous year and up 7.3% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Upper middle income peaked at 6.8% in 1975 and was at its lowest, 2.7%, in 1961.
Upper middle income ranks 8th of 47 groups on this measure, in the top quarter.
Merchandise exports to low- and middle-income economies in Latin in Upper middle income, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 3.4% | — |
| 1961 | 2.7% | -21.1% |
| 1962 | 3.5% | +31.3% |
| 1963 | 3.8% | +8.9% |
| 1964 | 4.4% | +15.5% |
| 1965 | 5.3% | +21.7% |
| 1966 | 5.0% | -6.0% |
| 1967 | 4.4% | -12.1% |
| 1968 | 4.9% | +11.6% |
| 1969 | 5.6% | +13.0% |
| 1970 | 5.5% | -1.7% |
| 1971 | 5.6% | +2.4% |
| 1972 | 5.8% | +4.3% |
| 1973 | 5.5% | -6.5% |
| 1974 | 6.2% | +13.8% |
| 1975 | 6.8% | +9.3% |
| 1976 | 5.7% | -15.8% |
| 1977 | 5.6% | -2.7% |
| 1978 | 5.0% | -10.6% |
| 1979 | 5.0% | +1.1% |
| 1980 | 5.1% | +0.9% |
| 1981 | 6.0% | +18.7% |
| 1982 | 5.7% | -6.2% |
| 1983 | 4.7% | -16.1% |
| 1984 | 4.7% | -0.2% |
| 1985 | 4.4% | -7.4% |
| 1986 | 4.4% | -0.6% |
| 1987 | 4.2% | -4.1% |
| 1988 | 4.0% | -5.2% |
| 1989 | 4.1% | +4.5% |
| 1990 | 3.9% | -6.0% |
| 1991 | 3.8% | -2.2% |
| 1992 | 4.3% | +13.3% |
| 1993 | 4.7% | +9.8% |
| 1994 | 4.7% | -1.2% |
| 1995 | 4.6% | -1.9% |
| 1996 | 4.7% | +2.9% |
| 1997 | 5.1% | +8.0% |
| 1998 | 5.1% | +0.0% |
| 1999 | 4.1% | -20.4% |
| 2000 | 4.1% | +1.5% |
| 2001 | 4.2% | +1.8% |
| 2002 | 3.8% | -9.8% |
| 2003 | 3.6% | -6.0% |
| 2004 | 3.8% | +6.0% |
| 2005 | 3.9% | +4.6% |
| 2006 | 4.1% | +3.9% |
| 2007 | 4.4% | +7.3% |
| 2008 | 4.8% | +8.4% |
| 2009 | 4.6% | -3.8% |
| 2010 | 5.1% | +10.6% |
| 2011 | 5.3% | +3.8% |
| 2012 | 5.1% | -3.8% |
| 2013 | 5.0% | -0.9% |
| 2014 | 4.8% | -5.0% |
| 2015 | 4.8% | -0.4% |
| 2016 | 4.7% | -1.5% |
| 2017 | 4.9% | +4.4% |
| 2018 | 4.8% | -1.1% |
| 2019 | 4.8% | -1.3% |
| 2020 | 4.5% | -6.4% |
| 2021 | 5.1% | +13.6% |
| 2022 | 5.2% | +2.4% |
| 2023 | 5.4% | +3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.3% | 2.7% | 5.6% | 10 |
| 1970s | 5.7% | 5.0% | 6.8% | 10 |
| 1980s | 4.7% | 4.0% | 6.0% | 10 |
| 1990s | 4.5% | 3.8% | 5.1% | 10 |
| 2000s | 4.1% | 3.6% | 4.8% | 10 |
| 2010s | 4.9% | 4.7% | 5.3% | 10 |
| 2020s | 5.0% | 4.5% | 5.4% | 4 |
Countries ranked near Upper middle income
More private sector data for Upper middle income
- Merchandise trade 42.8% (2025)
- Food imports 8.5% (2024)
- Manufactures imports 59.5% (2024)
- Merchandise imports 6.62 trillion current US$ (2025)
- Food exports 9.5% (2024)
- Manufactures exports 75.8% (2024)
- Merchandise exports 7.67 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 2,493 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2289 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.45 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in latin in Upper middle income?
- Merchandise exports to low- and middle-income economies in latin in Upper middle income was 5.4% 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 Upper middle income?
- The highest recorded value was 6.8% in 1975.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Upper middle income?
- The lowest recorded value was 2.7% in 1961.
- How does Upper middle income rank for merchandise exports to low- and middle-income economies in latin?
- Upper middle income ranks 8th out of 47 groups with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Upper middle income?
- Over the last ten years it is up 7.3%. The long-run trend across the full record is flat.
- Where does this Upper middle income 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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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.