Merchandise imports from high-income economies in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Merchandise imports from high-income economies was 59.1% in 2023. ▼ Falling
Merchandise imports from high-income economies in Latin America & Caribbean (excluding high income), 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
The most recent figure for merchandise imports from high-income economies in Latin America & Caribbean (excluding high income) is 59.1%, measured in 2023.
The figure is up 0.4% on the previous year and down 4.3% over ten years.
Over the whole period, merchandise imports from high-income economies in Latin America & Caribbean (excluding high income) peaked at 92.5% in 1961 and was at its lowest, 58.7%, in 2021.
Latin America & Caribbean (excluding high income) ranks 24th of 47 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 64 years of available data.
Merchandise imports from high-income economies in Latin America & Caribbean (excluding high income), year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 90.7% | — |
| 1961 | 92.5% | +2.0% |
| 1962 | 90.9% | -1.7% |
| 1963 | 90.0% | -1.0% |
| 1964 | 88.3% | -1.9% |
| 1965 | 86.5% | -2.0% |
| 1966 | 87.5% | +1.1% |
| 1967 | 88.1% | +0.8% |
| 1968 | 88.0% | -0.2% |
| 1969 | 86.9% | -1.2% |
| 1970 | 87.8% | +1.0% |
| 1971 | 88.2% | +0.5% |
| 1972 | 87.5% | -0.7% |
| 1973 | 85.7% | -2.1% |
| 1974 | 83.8% | -2.2% |
| 1975 | 84.1% | +0.4% |
| 1976 | 82.4% | -2.1% |
| 1977 | 81.2% | -1.5% |
| 1978 | 82.5% | +1.7% |
| 1979 | 78.9% | -4.4% |
| 1980 | 78.9% | +0.0% |
| 1981 | 80.8% | +2.4% |
| 1982 | 77.7% | -3.8% |
| 1983 | 74.6% | -4.0% |
| 1984 | 73.5% | -1.5% |
| 1985 | 75.5% | +2.7% |
| 1986 | 80.9% | +7.1% |
| 1987 | 81.2% | +0.4% |
| 1988 | 82.5% | +1.7% |
| 1989 | 81.0% | -1.9% |
| 1990 | 81.7% | +0.9% |
| 1991 | 84.5% | +3.4% |
| 1992 | 85.1% | +0.7% |
| 1993 | 84.3% | -0.9% |
| 1994 | 83.7% | -0.7% |
| 1995 | 81.7% | -2.5% |
| 1996 | 80.9% | -1.0% |
| 1997 | 81.2% | +0.3% |
| 1998 | 82.2% | +1.3% |
| 1999 | 84.0% | +2.1% |
| 2000 | 81.8% | -2.5% |
| 2001 | 80.5% | -1.6% |
| 2002 | 80.6% | +0.1% |
| 2003 | 77.9% | -3.4% |
| 2004 | 74.1% | -4.8% |
| 2005 | 71.2% | -3.9% |
| 2006 | 69.0% | -3.1% |
| 2007 | 66.5% | -3.6% |
| 2008 | 65.1% | -2.2% |
| 2009 | 64.4% | -1.0% |
| 2010 | 63.2% | -1.9% |
| 2011 | 62.3% | -1.4% |
| 2012 | 62.2% | -0.1% |
| 2013 | 61.8% | -0.7% |
| 2014 | 62.0% | +0.4% |
| 2015 | 62.0% | -0.1% |
| 2016 | 62.5% | +0.8% |
| 2017 | 61.9% | -0.9% |
| 2018 | 61.6% | -0.5% |
| 2019 | 61.2% | -0.6% |
| 2020 | 59.4% | -3.0% |
| 2021 | 58.7% | -1.2% |
| 2022 | 58.9% | +0.4% |
| 2023 | 59.1% | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 88.9% | 86.5% | 92.5% | 10 |
| 1970s | 84.2% | 78.9% | 88.2% | 10 |
| 1980s | 78.7% | 73.5% | 82.5% | 10 |
| 1990s | 82.9% | 80.9% | 85.1% | 10 |
| 2000s | 73.1% | 64.4% | 81.8% | 10 |
| 2010s | 62.1% | 61.2% | 63.2% | 10 |
| 2020s | 59.0% | 58.7% | 59.4% | 4 |
Countries ranked near Latin America & Caribbean (excluding high income)
More private sector data for Latin America & Caribbean (excluding high income)
- Merchandise trade 43.4% (2025)
- Food imports 8.3% (2024)
- Manufactures imports 74.3% (2024)
- Merchandise imports 1.40 trillion current US$ (2025)
- Food exports 19.4% (2025)
- Manufactures exports 61.3% (2025)
- Merchandise exports 1.37 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 2,178 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2093 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.06 % change on previous year (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is merchandise imports from high-income economies in Latin America & Caribbean (excluding high income)?
- Merchandise imports from high-income economies in Latin America & Caribbean (excluding high income) was 59.1% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from high-income economies recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 92.5% in 1961.
- What is the lowest merchandise imports from high-income economies recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 58.7% in 2021.
- How does Latin America & Caribbean (excluding high income) rank for merchandise imports from high-income economies?
- Latin America & Caribbean (excluding high income) ranks 24th out of 47 groups with data for 2023.
- Is merchandise imports from high-income economies rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is down 4.3%. The long-run trend across the full record is falling.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from high-income economies (% of total merchandise imports). Statizoid updates them automatically from the source API.
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About this data
Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.