Merchandise imports from low- and middle-income economies in East in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Merchandise imports from low- and middle-income economies in East was 24.7% in 2023. ◆ Volatile
Merchandise imports from low- and middle-income economies in East in Latin America & the Caribbean (IDA & IBRD countries), 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
The most recent figure for merchandise imports from low- and middle-income economies in east in Latin America & the Caribbean (IDA & IBRD countries) is 24.7%, measured in 2023.
Compared with earlier readings it is down 2.7% on the previous year and up 31.0% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in east in Latin America & the Caribbean (IDA & IBRD countries) peaked at 25.9% in 2021 and was at its lowest, 0.2%, in 1961.
Latin America & the Caribbean (IDA & IBRD countries) ranks 12th 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 & the Caribbean (IDA & IBRD countries), year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 0.2% | — |
| 1961 | 0.2% | -24.7% |
| 1962 | 0.2% | +21.9% |
| 1963 | 0.2% | +20.6% |
| 1964 | 0.2% | -8.6% |
| 1965 | 0.3% | +26.7% |
| 1966 | 0.5% | +76.3% |
| 1967 | 0.3% | -26.1% |
| 1968 | 0.3% | -11.1% |
| 1969 | 0.4% | +26.5% |
| 1970 | 0.2% | -38.6% |
| 1971 | 0.3% | +25.2% |
| 1972 | 0.6% | +98.5% |
| 1973 | 0.7% | +14.6% |
| 1974 | 1.1% | +63.6% |
| 1975 | 0.8% | -31.1% |
| 1976 | 0.9% | +19.6% |
| 1977 | 0.6% | -34.7% |
| 1978 | 0.8% | +25.9% |
| 1979 | 0.8% | +3.6% |
| 1980 | 0.9% | +19.3% |
| 1981 | 1.5% | +55.5% |
| 1982 | 1.1% | -26.3% |
| 1983 | 1.4% | +33.8% |
| 1984 | 1.2% | -17.7% |
| 1985 | 1.3% | +10.0% |
| 1986 | 1.2% | -9.5% |
| 1987 | 1.1% | -8.9% |
| 1988 | 0.7% | -32.2% |
| 1989 | 0.8% | +7.5% |
| 1990 | 0.9% | +19.7% |
| 1991 | 0.9% | -6.5% |
| 1992 | 0.9% | -0.4% |
| 1993 | 1.4% | +56.4% |
| 1994 | 1.8% | +31.0% |
| 1995 | 2.4% | +31.1% |
| 1996 | 2.6% | +10.8% |
| 1997 | 3.0% | +13.7% |
| 1998 | 3.2% | +6.7% |
| 1999 | 3.1% | -2.2% |
| 2000 | 3.9% | +26.1% |
| 2001 | 4.8% | +21.8% |
| 2002 | 5.6% | +17.6% |
| 2003 | 7.2% | +29.7% |
| 2004 | 8.6% | +18.9% |
| 2005 | 9.7% | +13.0% |
| 2006 | 11.5% | +17.6% |
| 2007 | 12.9% | +12.5% |
| 2008 | 13.4% | +4.3% |
| 2009 | 15.1% | +12.5% |
| 2010 | 17.0% | +12.4% |
| 2011 | 17.3% | +1.5% |
| 2012 | 17.9% | +3.5% |
| 2013 | 18.8% | +5.5% |
| 2014 | 19.7% | +4.6% |
| 2015 | 21.9% | +11.0% |
| 2016 | 22.3% | +1.9% |
| 2017 | 22.4% | +0.5% |
| 2018 | 22.8% | +1.9% |
| 2019 | 24.0% | +5.4% |
| 2020 | 25.8% | +7.2% |
| 2021 | 25.9% | +0.5% |
| 2022 | 25.4% | -2.1% |
| 2023 | 24.7% | -2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.3% | 0.2% | 0.5% | 10 |
| 1970s | 0.7% | 0.2% | 1.1% | 10 |
| 1980s | 1.1% | 0.7% | 1.5% | 10 |
| 1990s | 2.0% | 0.9% | 3.2% | 10 |
| 2000s | 9.3% | 3.9% | 15.1% | 10 |
| 2010s | 20.4% | 17.0% | 24.0% | 10 |
| 2020s | 25.4% | 24.7% | 25.9% | 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 imports from low- and middle-income economies in east in Latin America & the Caribbean (IDA & IBRD countries)?
- Merchandise imports from low- and middle-income economies in east in Latin America & the Caribbean (IDA & IBRD countries) was 24.7% 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 & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 25.9% in 2021.
- What is the lowest merchandise imports from low- and middle-income economies in east recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 0.2% in 1961.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for merchandise imports from low- and middle-income economies in east?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 12th 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 & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 31.0%. The long-run trend across the full record is volatile.
- 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 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.