Merchandise imports from low- and middle-income economies in East in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Merchandise imports from low- and middle-income economies in East was 25.0% in 2023. ◆ Volatile
Merchandise imports from low- and middle-income economies in East in Latin America & Caribbean (excluding high income), 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
In 2023, merchandise imports from low- and middle-income economies in east in Latin America & Caribbean (excluding high income) stood at 25.0%.
Compared with earlier readings it is down 1.8% on the previous year and up 31.4% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in east in Latin America & Caribbean (excluding high income) peaked at 25.7% in 2020 and was at its lowest, 0.2%, in 1972.
Latin America & Caribbean (excluding high income) ranks 9th of 47 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports from low- and middle-income economies in East in Latin America & Caribbean (excluding high income), year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 0.2% | — |
| 1961 | 0.2% | -23.5% |
| 1962 | 0.2% | +12.2% |
| 1963 | 0.3% | +26.5% |
| 1964 | 0.2% | -12.0% |
| 1965 | 0.3% | +27.6% |
| 1966 | 0.5% | +71.5% |
| 1967 | 0.4% | -26.3% |
| 1968 | 0.3% | -5.2% |
| 1969 | 0.4% | +22.3% |
| 1970 | 0.3% | -39.1% |
| 1971 | 0.2% | -21.6% |
| 1972 | 0.2% | -21.4% |
| 1973 | 0.4% | +123.5% |
| 1974 | 0.3% | -15.8% |
| 1975 | 0.2% | -35.5% |
| 1976 | 0.2% | -3.8% |
| 1977 | 0.2% | +6.4% |
| 1978 | 0.3% | +38.9% |
| 1979 | 0.7% | +141.2% |
| 1980 | 0.9% | +27.7% |
| 1981 | 1.3% | +55.5% |
| 1982 | 1.0% | -21.9% |
| 1983 | 1.8% | +69.6% |
| 1984 | 1.5% | -17.0% |
| 1985 | 1.6% | +8.0% |
| 1986 | 1.4% | -11.5% |
| 1987 | 1.2% | -13.0% |
| 1988 | 0.9% | -24.9% |
| 1989 | 1.0% | +14.0% |
| 1990 | 1.3% | +24.2% |
| 1991 | 1.0% | -24.1% |
| 1992 | 0.9% | -8.6% |
| 1993 | 1.4% | +59.5% |
| 1994 | 1.8% | +25.5% |
| 1995 | 2.3% | +31.0% |
| 1996 | 2.6% | +9.5% |
| 1997 | 2.9% | +13.2% |
| 1998 | 3.1% | +5.4% |
| 1999 | 3.0% | -1.8% |
| 2000 | 3.9% | +28.4% |
| 2001 | 4.7% | +22.7% |
| 2002 | 5.7% | +19.4% |
| 2003 | 7.4% | +30.6% |
| 2004 | 8.7% | +18.0% |
| 2005 | 9.9% | +13.9% |
| 2006 | 11.9% | +19.6% |
| 2007 | 13.2% | +10.8% |
| 2008 | 13.7% | +4.3% |
| 2009 | 15.5% | +13.1% |
| 2010 | 17.3% | +11.2% |
| 2011 | 17.5% | +1.1% |
| 2012 | 18.1% | +3.7% |
| 2013 | 19.0% | +5.0% |
| 2014 | 19.8% | +4.1% |
| 2015 | 22.0% | +11.1% |
| 2016 | 22.3% | +1.5% |
| 2017 | 22.3% | -0.0% |
| 2018 | 22.8% | +2.0% |
| 2019 | 24.1% | +5.8% |
| 2020 | 25.7% | +6.9% |
| 2021 | 25.7% | -0.2% |
| 2022 | 25.4% | -0.8% |
| 2023 | 25.0% | -1.8% |
Biggest year-on-year movements
Years where Merchandise imports from low- and middle-income economies in East in Latin America & Caribbean (excluding high income) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1979 | +141.2% | 0.3% | 0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.3% | 0.2% | 0.5% | 10 |
| 1970s | 0.3% | 0.2% | 0.7% | 10 |
| 1980s | 1.3% | 0.9% | 1.8% | 10 |
| 1990s | 2.0% | 0.9% | 3.1% | 10 |
| 2000s | 9.5% | 3.9% | 15.5% | 10 |
| 2010s | 20.5% | 17.3% | 24.1% | 10 |
| 2020s | 25.5% | 25.0% | 25.7% | 4 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 6 East Timor 55.1% compare
- 7 Brunei 52.3% compare
- 8 Hong Kong 49.6% compare
- 9 Russia 48.6% compare
- 10 Philippines 47.5% compare
- 11 Vietnam 46.3% compare
- 12 Kyrgyzstan 43.9% compare
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 low- and middle-income economies in east in Latin America & Caribbean (excluding high income)?
- Merchandise imports from low- and middle-income economies in east in Latin America & Caribbean (excluding high income) was 25.0% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in east recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 25.7% in 2020.
- What is the lowest merchandise imports from low- and middle-income economies in east recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 0.2% in 1972.
- How does Latin America & Caribbean (excluding high income) rank for merchandise imports from low- and middle-income economies in east?
- Latin America & Caribbean (excluding high income) ranks 9th out of 47 groups with data for 2023.
- Is merchandise imports from low- and middle-income economies in east rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 31.4%. The long-run trend across the full record is volatile.
- 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 low- and middle-income economies in East Asia & Pacific (% of total merchandise imports). Statizoid updates them automatically from the source API.
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About this data
Merchandise imports from low- and middle-income economies in East Asia and Pacific are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the East Asia and Pacific region 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.