Merchandise exports to low- and middle-income economies in Middle in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): 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 & the Caribbean (IDA & IBRD countries), 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 middle in Latin America & the Caribbean (IDA & IBRD countries) stood at 1.3%.
That represents a change of down 21.2% on the previous year and down 7.6% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in middle in Latin America & the Caribbean (IDA & IBRD countries) peaked at 2.9% in 1975 and was at its lowest, 0.2%, in 1962.
That places Latin America & the Caribbean (IDA & IBRD countries) 35th 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 & the Caribbean (IDA & IBRD countries), year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 0.4% | — |
| 1961 | 0.2% | -31.4% |
| 1962 | 0.2% | -4.4% |
| 1963 | 0.3% | +23.2% |
| 1964 | 0.3% | +19.0% |
| 1965 | 0.5% | +32.3% |
| 1966 | 0.4% | -15.7% |
| 1967 | 0.5% | +19.4% |
| 1968 | 0.5% | -2.1% |
| 1969 | 0.4% | -22.2% |
| 1970 | 0.5% | +34.2% |
| 1971 | 0.7% | +48.3% |
| 1972 | 0.7% | +4.4% |
| 1973 | 1.4% | +97.3% |
| 1974 | 2.4% | +65.7% |
| 1975 | 2.9% | +22.4% |
| 1976 | 1.8% | -40.0% |
| 1977 | 2.0% | +12.3% |
| 1978 | 1.7% | -16.0% |
| 1979 | 1.3% | -18.7% |
| 1980 | 1.8% | +37.4% |
| 1981 | 2.0% | +6.7% |
| 1982 | 2.2% | +10.1% |
| 1983 | 2.8% | +29.5% |
| 1984 | 2.5% | -9.7% |
| 1985 | 2.5% | -1.6% |
| 1986 | 2.2% | -12.1% |
| 1987 | 1.8% | -20.1% |
| 1988 | 2.0% | +13.2% |
| 1989 | 1.7% | -13.2% |
| 1990 | 1.8% | +2.9% |
| 1991 | 1.4% | -22.0% |
| 1992 | 1.3% | -6.7% |
| 1993 | 1.1% | -16.0% |
| 1994 | 0.9% | -20.0% |
| 1995 | 1.1% | +29.9% |
| 1996 | 1.2% | +5.1% |
| 1997 | 1.2% | +3.3% |
| 1998 | 1.1% | -8.3% |
| 1999 | 0.9% | -21.5% |
| 2000 | 0.7% | -16.2% |
| 2001 | 1.0% | +30.1% |
| 2002 | 1.0% | +6.3% |
| 2003 | 1.0% | +2.2% |
| 2004 | 1.2% | +15.6% |
| 2005 | 1.1% | -7.5% |
| 2006 | 1.2% | +4.2% |
| 2007 | 1.2% | +3.9% |
| 2008 | 1.3% | +9.1% |
| 2009 | 1.5% | +15.4% |
| 2010 | 1.6% | +5.0% |
| 2011 | 1.6% | -0.0% |
| 2012 | 1.5% | -8.1% |
| 2013 | 1.4% | -3.4% |
| 2014 | 1.4% | -0.0% |
| 2015 | 1.4% | -2.2% |
| 2016 | 1.5% | +10.3% |
| 2017 | 1.6% | +6.1% |
| 2018 | 1.6% | -0.4% |
| 2019 | 1.5% | -4.5% |
| 2020 | 1.5% | -3.8% |
| 2021 | 1.5% | +2.6% |
| 2022 | 1.7% | +9.1% |
| 2023 | 1.3% | -21.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.4% | 0.2% | 0.5% | 10 |
| 1970s | 1.5% | 0.5% | 2.9% | 10 |
| 1980s | 2.1% | 1.7% | 2.8% | 10 |
| 1990s | 1.2% | 0.9% | 1.8% | 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 & the Caribbean (IDA & IBRD countries)
More private sector data for Latin America & the Caribbean (IDA & IBRD countries)
- Merchandise trade 44.2% (2025)
- Food imports 9.0% (2024)
- Manufactures imports 73.2% (2024)
- Merchandise imports 1.57 trillion current US$ (2025)
- Food exports 19.7% (2025)
- Manufactures exports 56.4% (2025)
- Merchandise exports 1.55 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 2,373 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2193 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.04 % change on previous year (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is merchandise exports to low- and middle-income economies in middle in Latin America & the Caribbean (IDA & IBRD countries)?
- Merchandise exports to low- and middle-income economies in middle in Latin America & the Caribbean (IDA & IBRD countries) 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 2.9% in 1975.
- What is the lowest merchandise exports to low- and middle-income economies in middle recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 0.2% in 1962.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for merchandise exports to low- and middle-income economies in middle?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 35th 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 & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is down 7.6%. The long-run trend across the full record is rising.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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.
Download this data
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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.