Merchandise exports to low- and middle-income economies in Middle in Latin America & Caribbean
Latin America & Caribbean: Merchandise exports to low- and middle-income economies in Middle was 1.3% in 2023. ▲ Rising
Merchandise exports to low- and middle-income economies in Middle in Latin America & Caribbean, 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 middle in Latin America & Caribbean is 1.3%, measured in 2023.
That represents a change of down 20.7% on the previous year and down 6.7% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in middle in Latin America & Caribbean peaked at 2.9% in 1983 and was at its lowest, 0.2%, in 1962.
That places Latin America & Caribbean 33rd out of 47 groups with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 64 years of available data.
Merchandise exports to low- and middle-income economies in Middle in Latin America & Caribbean, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 0.4% | — |
| 1961 | 0.2% | -31.4% |
| 1962 | 0.2% | -4.5% |
| 1963 | 0.3% | +23.2% |
| 1964 | 0.3% | +18.9% |
| 1965 | 0.5% | +32.3% |
| 1966 | 0.4% | -15.7% |
| 1967 | 0.5% | +19.3% |
| 1968 | 0.4% | -2.2% |
| 1969 | 0.3% | -22.2% |
| 1970 | 0.5% | +33.9% |
| 1971 | 0.7% | +45.8% |
| 1972 | 0.7% | +4.6% |
| 1973 | 1.4% | +97.2% |
| 1974 | 2.3% | +62.9% |
| 1975 | 2.7% | +18.2% |
| 1976 | 1.6% | -40.1% |
| 1977 | 1.8% | +13.6% |
| 1978 | 1.6% | -15.6% |
| 1979 | 1.3% | -18.4% |
| 1980 | 1.8% | +38.4% |
| 1981 | 2.1% | +20.6% |
| 1982 | 2.3% | +7.6% |
| 1983 | 2.9% | +26.5% |
| 1984 | 2.5% | -12.2% |
| 1985 | 2.5% | -1.8% |
| 1986 | 2.2% | -13.3% |
| 1987 | 1.7% | -20.0% |
| 1988 | 2.0% | +15.4% |
| 1989 | 1.8% | -11.0% |
| 1990 | 1.9% | +8.2% |
| 1991 | 1.5% | -24.3% |
| 1992 | 1.4% | -2.0% |
| 1993 | 1.1% | -19.7% |
| 1994 | 0.9% | -17.6% |
| 1995 | 1.2% | +26.3% |
| 1996 | 1.2% | +3.2% |
| 1997 | 1.3% | +4.6% |
| 1998 | 1.1% | -12.6% |
| 1999 | 0.9% | -21.5% |
| 2000 | 0.7% | -16.0% |
| 2001 | 1.0% | +29.9% |
| 2002 | 1.0% | +7.3% |
| 2003 | 1.0% | +1.1% |
| 2004 | 1.2% | +15.0% |
| 2005 | 1.1% | -7.5% |
| 2006 | 1.2% | +4.0% |
| 2007 | 1.2% | +3.8% |
| 2008 | 1.3% | +9.3% |
| 2009 | 1.5% | +15.5% |
| 2010 | 1.6% | +5.1% |
| 2011 | 1.6% | -0.0% |
| 2012 | 1.5% | -8.0% |
| 2013 | 1.4% | -3.4% |
| 2014 | 1.4% | +0.3% |
| 2015 | 1.4% | -2.2% |
| 2016 | 1.5% | +10.4% |
| 2017 | 1.6% | +6.1% |
| 2018 | 1.6% | -0.6% |
| 2019 | 1.5% | -4.4% |
| 2020 | 1.5% | -3.8% |
| 2021 | 1.5% | +2.9% |
| 2022 | 1.7% | +8.8% |
| 2023 | 1.3% | -20.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.4% | 0.2% | 0.5% | 10 |
| 1970s | 1.5% | 0.5% | 2.7% | 10 |
| 1980s | 2.2% | 1.7% | 2.9% | 10 |
| 1990s | 1.3% | 0.9% | 1.9% | 10 |
| 2000s | 1.1% | 0.7% | 1.5% | 10 |
| 2010s | 1.5% | 1.4% | 1.6% | 10 |
| 2020s | 1.5% | 1.3% | 1.7% | 4 |
Countries ranked near Latin America & Caribbean
More private sector data for Latin America & Caribbean
- Merchandise trade 44.2% (2025)
- Food imports 9.1% (2024)
- Manufactures imports 73.2% (2024)
- Merchandise imports 1.66 trillion current US$ (2025)
- Food exports 24.7% (2024)
- Manufactures exports 46.5% (2024)
- Merchandise exports 1.67 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 2,503 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2256 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.02 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in middle in Latin America & Caribbean?
- Merchandise exports to low- and middle-income economies in middle in Latin America & Caribbean was 1.3% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in middle recorded in Latin America & Caribbean?
- The highest recorded value was 2.9% in 1983.
- What is the lowest merchandise exports to low- and middle-income economies in middle recorded in Latin America & Caribbean?
- The lowest recorded value was 0.2% in 1962.
- How does Latin America & Caribbean rank for merchandise exports to low- and middle-income economies in middle?
- Latin America & Caribbean ranks 33rd out of 47 groups with data for 2023.
- Is merchandise exports to low- and middle-income economies in middle rising or falling in Latin America & Caribbean?
- Over the last ten years it is down 6.7%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean 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 Middle East & North Africa (% 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 Middle East and North Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Middle East and North Africa 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.