Merchandise exports to low- and middle-income economies in Latin in World
World: Merchandise exports to low- and middle-income economies in Latin was 5.1% in 2023. ▼ Falling
Merchandise exports to low- and middle-income economies in Latin in World, 1960–2023
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 World is 5.1%, measured in 2023.
The figure is up 2.2% on the previous year and up 5.8% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in World peaked at 6.2% in 1960 and was at its lowest, 3.1%, in 1987.
That places World 12th out of 47 groups with data for 2023, putting it 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 World, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 6.2% | — |
| 1961 | 6.1% | -1.8% |
| 1962 | 5.7% | -5.9% |
| 1963 | 5.1% | -11.2% |
| 1964 | 5.2% | +1.9% |
| 1965 | 4.8% | -7.3% |
| 1966 | 5.0% | +3.5% |
| 1967 | 4.7% | -5.6% |
| 1968 | 4.8% | +3.4% |
| 1969 | 4.7% | -2.8% |
| 1970 | 4.7% | +0.6% |
| 1971 | 4.6% | -2.7% |
| 1972 | 4.5% | -2.9% |
| 1973 | 4.4% | -1.0% |
| 1974 | 5.3% | +19.3% |
| 1975 | 5.3% | -0.0% |
| 1976 | 4.4% | -15.9% |
| 1977 | 4.2% | -5.0% |
| 1978 | 4.1% | -2.1% |
| 1979 | 4.3% | +4.5% |
| 1980 | 4.8% | +11.1% |
| 1981 | 5.0% | +4.4% |
| 1982 | 4.2% | -15.7% |
| 1983 | 3.5% | -16.8% |
| 1984 | 3.5% | +0.1% |
| 1985 | 3.5% | -0.4% |
| 1986 | 3.3% | -6.1% |
| 1987 | 3.1% | -5.8% |
| 1988 | 3.1% | +0.4% |
| 1989 | 3.3% | +5.9% |
| 1990 | 3.2% | -2.0% |
| 1991 | 3.5% | +8.7% |
| 1992 | 3.8% | +9.6% |
| 1993 | 4.1% | +7.9% |
| 1994 | 4.4% | +6.8% |
| 1995 | 4.0% | -8.8% |
| 1996 | 4.2% | +4.9% |
| 1997 | 4.6% | +9.6% |
| 1998 | 4.9% | +6.5% |
| 1999 | 4.4% | -11.2% |
| 2000 | 4.5% | +3.3% |
| 2001 | 4.5% | -0.2% |
| 2002 | 4.1% | -9.7% |
| 2003 | 3.6% | -11.6% |
| 2004 | 3.6% | +0.5% |
| 2005 | 3.7% | +2.0% |
| 2006 | 3.8% | +3.7% |
| 2007 | 3.9% | +0.5% |
| 2008 | 4.1% | +5.8% |
| 2009 | 4.1% | +1.0% |
| 2010 | 4.5% | +9.4% |
| 2011 | 4.6% | +2.9% |
| 2012 | 4.7% | +1.9% |
| 2013 | 4.8% | +1.1% |
| 2014 | 4.8% | +0.3% |
| 2015 | 4.9% | +2.6% |
| 2016 | 4.8% | -2.3% |
| 2017 | 4.8% | +0.1% |
| 2018 | 4.7% | -1.5% |
| 2019 | 4.7% | -0.6% |
| 2020 | 4.3% | -8.0% |
| 2021 | 4.7% | +8.9% |
| 2022 | 4.9% | +4.8% |
| 2023 | 5.1% | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 5.2% | 4.7% | 6.2% | 10 |
| 1970s | 4.6% | 4.1% | 5.3% | 10 |
| 1980s | 3.7% | 3.1% | 5.0% | 10 |
| 1990s | 4.1% | 3.2% | 4.9% | 10 |
| 2000s | 4.0% | 3.6% | 4.5% | 10 |
| 2010s | 4.7% | 4.5% | 4.9% | 10 |
| 2020s | 4.8% | 4.3% | 5.1% | 4 |
Countries ranked near World
More private sector data for World
- Merchandise trade 43.9% (2025)
- Food imports 8.9% (2024)
- Manufactures imports 67.4% (2024)
- Merchandise imports 26.69 trillion current US$ (2025)
- Food exports 9.1% (2024)
- Manufactures exports 69.3% (2024)
- Merchandise exports 26.39 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 3,212 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.223 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.17 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in latin in World?
- Merchandise exports to low- and middle-income economies in latin in World was 5.1% 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 World?
- The highest recorded value was 6.2% in 1960.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in World?
- The lowest recorded value was 3.1% in 1987.
- How does World rank for merchandise exports to low- and middle-income economies in latin?
- World ranks 12th out of 47 groups with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in World?
- Over the last ten years it is up 5.8%. The long-run trend across the full record is falling.
- Where does this World 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
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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.