Merchandise imports from low- and middle-income economies in Europe & in Latin America & Caribbean
Latin America & Caribbean: Merchandise imports from low- and middle-income economies in Europe & was 0.6% in 2023. ◆ Volatile
Merchandise imports from low- and middle-income economies in Europe & in Latin America & Caribbean, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
Latin America & Caribbean recorded 0.6% for merchandise imports from low- and middle-income economies in europe & in 2023.
The figure is down 8.3% on the previous year and up 24.7% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in europe & in Latin America & Caribbean peaked at 0.8% in 2021 and was at its lowest, 0.0%, in 1976.
Latin America & Caribbean ranks 45th of 47 groups on this measure, in the bottom 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 Europe & in Latin America & Caribbean, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 0.0% | — |
| 1961 | 0.0% | +168.4% |
| 1962 | 0.0% | -35.9% |
| 1963 | 0.0% | -34.1% |
| 1964 | 0.0% | +23.2% |
| 1965 | 0.0% | -86.9% |
| 1966 | 0.0% | +588.3% |
| 1967 | 0.0% | -3.6% |
| 1968 | 0.0% | -42.5% |
| 1969 | 0.0% | +30.2% |
| 1970 | 0.0% | -20.1% |
| 1971 | 0.0% | +15.8% |
| 1972 | 0.0% | +52.9% |
| 1973 | 0.0% | +69.1% |
| 1974 | 0.1% | +367.1% |
| 1975 | 0.0% | -97.6% |
| 1976 | 0.0% | -60.8% |
| 1977 | 0.0% | +335.6% |
| 1978 | 0.0% | +73.3% |
| 1979 | 0.0% | +33.1% |
| 1980 | 0.0% | -50.0% |
| 1981 | 0.0% | +311.1% |
| 1982 | 0.0% | -41.1% |
| 1983 | 0.0% | +70.5% |
| 1984 | 0.0% | +4.9% |
| 1985 | 0.0% | +138.1% |
| 1986 | 0.0% | -26.3% |
| 1987 | 0.1% | +211.5% |
| 1988 | 0.0% | -52.4% |
| 1989 | 0.0% | -5.8% |
| 1990 | 0.0% | -14.2% |
| 1991 | 0.0% | +81.5% |
| 1992 | 0.0% | -25.3% |
| 1993 | 0.1% | +221.1% |
| 1994 | 0.1% | +24.6% |
| 1995 | 0.2% | +38.9% |
| 1996 | 0.2% | -11.5% |
| 1997 | 0.2% | -5.7% |
| 1998 | 0.2% | +19.4% |
| 1999 | 0.3% | +25.9% |
| 2000 | 0.2% | -16.0% |
| 2001 | 0.2% | +2.4% |
| 2002 | 0.2% | +7.6% |
| 2003 | 0.3% | +13.0% |
| 2004 | 0.4% | +34.0% |
| 2005 | 0.3% | -11.1% |
| 2006 | 0.4% | +18.0% |
| 2007 | 0.5% | +41.8% |
| 2008 | 0.6% | +14.5% |
| 2009 | 0.4% | -37.5% |
| 2010 | 0.5% | +16.3% |
| 2011 | 0.6% | +30.8% |
| 2012 | 0.5% | -16.0% |
| 2013 | 0.5% | -2.2% |
| 2014 | 0.5% | -5.8% |
| 2015 | 0.4% | -9.1% |
| 2016 | 0.4% | -2.7% |
| 2017 | 0.4% | +9.7% |
| 2018 | 0.5% | +18.4% |
| 2019 | 0.6% | +8.6% |
| 2020 | 0.6% | +9.3% |
| 2021 | 0.8% | +23.0% |
| 2022 | 0.7% | -14.0% |
| 2023 | 0.6% | -8.3% |
Biggest year-on-year movements
Years where Merchandise imports from low- and middle-income economies in Europe & in Latin America & Caribbean 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 |
|---|---|---|---|
| 1966 | +588.3% | 0.0% | 0.0% |
| 1974 | +367.1% | 0.0% | 0.1% |
| 1977 | +335.6% | 0.0% | 0.0% |
| 1981 | +311.1% | 0.0% | 0.0% |
| 1993 | +221.1% | 0.0% | 0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0% | 0.0% | 0.0% | 10 |
| 1970s | 0.0% | 0.0% | 0.1% | 10 |
| 1980s | 0.0% | 0.0% | 0.1% | 10 |
| 1990s | 0.1% | 0.0% | 0.3% | 10 |
| 2000s | 0.4% | 0.2% | 0.6% | 10 |
| 2010s | 0.5% | 0.4% | 0.6% | 10 |
| 2020s | 0.7% | 0.6% | 0.8% | 4 |
Countries ranked near Latin America & Caribbean
- 42 Israel 6.0% compare
- 43 United Arab Emirates 5.9% compare
- 44 Armenia 5.7% compare
- 45 Sao Tome and Principe 5.4% compare
- 46 Yemen 5.0% compare
- 47 Switzerland 4.7% compare
- 48 Togo 4.7% compare
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 imports from low- and middle-income economies in europe & in Latin America & Caribbean?
- Merchandise imports from low- and middle-income economies in europe & in Latin America & Caribbean was 0.6% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in europe & recorded in Latin America & Caribbean?
- The highest recorded value was 0.8% in 2021.
- What is the lowest merchandise imports from low- and middle-income economies in europe & recorded in Latin America & Caribbean?
- The lowest recorded value was 0.0% in 1976.
- How does Latin America & Caribbean rank for merchandise imports from low- and middle-income economies in europe &?
- Latin America & Caribbean ranks 45th out of 47 groups with data for 2023.
- Is merchandise imports from low- and middle-income economies in europe & rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 24.7%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean 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 Europe & Central Asia (% 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 Europe and Central Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Europe and Central Asia 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.