Merchandise imports from low- and middle-income economies in Latin in Australia
Australia: Merchandise imports from low- and middle-income economies in Latin was 1.8% in 2023. ▲ Rising
Merchandise imports from low- and middle-income economies in Latin in Australia, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
Australia recorded 1.8% for merchandise imports from low- and middle-income economies in latin in 2023.
The figure is down 0.4% on the previous year and up 4.9% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in latin in Australia peaked at 1.9% in 2017 and was at its lowest, 0.3%, in 1969.
That places Australia 104th out of 206 countries 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 imports from low- and middle-income economies in Latin in Australia, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 0.5% | — |
| 1961 | 0.5% | -10.6% |
| 1962 | 0.6% | +29.7% |
| 1963 | 0.5% | -18.3% |
| 1964 | 0.5% | -9.1% |
| 1965 | 0.4% | -13.8% |
| 1966 | 0.4% | -2.7% |
| 1967 | 0.4% | -4.9% |
| 1968 | 0.5% | +46.9% |
| 1969 | 0.3% | -34.5% |
| 1970 | 0.4% | +18.1% |
| 1971 | 0.5% | +10.3% |
| 1972 | 0.4% | -10.9% |
| 1973 | 0.5% | +29.8% |
| 1974 | 0.7% | +33.6% |
| 1975 | 0.5% | -30.4% |
| 1976 | 0.6% | +25.6% |
| 1977 | 0.6% | -7.3% |
| 1978 | 0.7% | +20.7% |
| 1979 | 0.7% | +0.4% |
| 1980 | 0.8% | +12.3% |
| 1981 | 0.9% | +18.7% |
| 1982 | 0.9% | -6.3% |
| 1983 | 1.0% | +14.3% |
| 1984 | 1.2% | +18.3% |
| 1985 | 1.1% | -3.7% |
| 1986 | 1.0% | -7.7% |
| 1987 | 1.0% | -3.1% |
| 1988 | 1.2% | +21.6% |
| 1989 | 1.4% | +17.6% |
| 1990 | 1.1% | -24.2% |
| 1991 | 1.0% | -5.2% |
| 1992 | 0.9% | -9.9% |
| 1993 | 1.0% | +4.8% |
| 1994 | 0.9% | -3.1% |
| 1995 | 1.0% | +8.5% |
| 1996 | 0.9% | -11.3% |
| 1997 | 0.9% | -2.6% |
| 1998 | 0.8% | -6.2% |
| 1999 | 0.9% | +8.4% |
| 2000 | 1.2% | +28.3% |
| 2001 | 1.2% | +6.5% |
| 2002 | 1.0% | -15.3% |
| 2003 | 1.1% | +6.5% |
| 2004 | 1.1% | +0.3% |
| 2005 | 1.2% | +12.6% |
| 2006 | 1.3% | +3.9% |
| 2007 | 1.4% | +7.9% |
| 2008 | 1.5% | +6.9% |
| 2009 | 1.3% | -12.0% |
| 2010 | 1.4% | +7.4% |
| 2011 | 1.6% | +15.0% |
| 2012 | 1.6% | -4.4% |
| 2013 | 1.7% | +9.2% |
| 2014 | 1.6% | -6.3% |
| 2015 | 1.7% | +9.0% |
| 2016 | 1.9% | +8.1% |
| 2017 | 1.9% | +1.9% |
| 2018 | 1.8% | -4.5% |
| 2019 | 1.8% | -2.4% |
| 2020 | 1.8% | +1.0% |
| 2021 | 1.8% | +1.2% |
| 2022 | 1.8% | -1.7% |
| 2023 | 1.8% | -0.4% |
Australia compared with similar countries
- Australia's 1.8% is above the median for high income countries, which is 1.5%, 1.2× the median. (74 countries reporting)
- Australia's 1.8% is above the median for East Asia & Pacific, which is 0.8%, 2.3× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.5% | 0.3% | 0.6% | 10 |
| 1970s | 0.6% | 0.4% | 0.7% | 10 |
| 1980s | 1.0% | 0.8% | 1.4% | 10 |
| 1990s | 0.9% | 0.8% | 1.1% | 10 |
| 2000s | 1.2% | 1.0% | 1.5% | 10 |
| 2010s | 1.7% | 1.4% | 1.9% | 10 |
| 2020s | 1.8% | 1.8% | 1.8% | 4 |
Countries ranked near Australia
- 102 Sint Maarten (Dutch part) 1.8% compare
- 103 New Zealand 1.8% compare
- 105 Philippines 1.8% compare
- 106 Marshall Islands 1.7% compare
- 107 Russian Federation 1.7% compare
More private sector data for Australia
- Merchandise trade 36.0% (2025)
- Food imports 6.5% (2025)
- Manufactures imports 74.3% (2025)
- Merchandise imports 310.63 billion current US$ (2025)
- Food exports 13.7% (2025)
- Manufactures exports 9.8% (2025)
- Merchandise exports 337.58 billion current US$ (2025)
- Merchandise exports (current US$), per capita 12,225 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1877 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -0.9521 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports from low- and middle-income economies in latin in Australia?
- Merchandise imports from low- and middle-income economies in latin in Australia was 1.8% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in latin recorded in Australia?
- The highest recorded value was 1.9% in 2017.
- What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Australia?
- The lowest recorded value was 0.3% in 1969.
- How does Australia rank for merchandise imports from low- and middle-income economies in latin?
- Australia ranks 104th out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in latin rising or falling in Australia?
- Over the last ten years it is up 4.9%. The long-run trend across the full record is rising.
- Where does this Australia 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 Latin America & the Caribbean (% of total merchandise imports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean 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.