Merchandise imports from low- and middle-income economies in Latin in Canada

Canada: Merchandise imports from low- and middle-income economies in Latin was 9.1% in 2023. ◆ Volatile

Latest (2023)
9.1%
Change on year
up 9.3%
World rank
33rd
of 206 countries
All-time high
9.1%
in 2023
All-time low
1.4%
in 1972
Years of data
64
1960–2023

Merchandise imports from low- and middle-income economies in Latin in Canada, 1960–2023

246810196019912023

Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.

Analysis

Canada recorded 9.1% for merchandise imports from low- and middle-income economies in latin in 2023. That is the highest value across all 64 years on record.

Compared with earlier readings it is up 9.3% on the previous year and up 6.6% over ten years.

Over the whole period, merchandise imports from low- and middle-income economies in latin in Canada peaked at 9.1% in 2023 and was at its lowest, 1.4%, in 1972.

That places Canada 33rd out of 206 countries with data for 2023, putting it 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 Latin in Canada, year by year

Annual values for Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in Canada, 1960 to 2023.
Year % of total merchandise imports Change
1960 2.6%
1961 2.5% -2.6%
1962 2.6% +1.6%
1963 2.9% +12.6%
1964 2.6% -10.4%
1965 2.1% -18.0%
1966 1.8% -15.4%
1967 1.5% -15.5%
1968 1.6% +7.5%
1969 1.7% +3.2%
1970 1.7% -1.1%
1971 1.6% -7.0%
1972 1.4% -7.8%
1973 1.6% +8.2%
1974 1.6% +5.8%
1975 1.6% -2.3%
1976 1.7% +5.9%
1977 2.0% +19.9%
1978 2.1% +0.8%
1979 1.8% -11.8%
1980 2.0% +11.7%
1981 2.8% +37.7%
1982 3.2% +12.7%
1983 3.1% -2.1%
1984 3.0% -2.7%
1985 2.8% -8.1%
1986 2.6% -6.7%
1987 2.5% -4.3%
1988 2.7% +9.1%
1989 2.9% +8.7%
1990 2.7% -6.5%
1991 3.2% +17.1%
1992 3.2% -1.1%
1993 3.2% +2.6%
1994 3.5% +6.6%
1995 3.6% +5.0%
1996 3.9% +6.9%
1997 3.8% -1.3%
1998 3.8% -0.5%
1999 4.1% +6.3%
2000 4.4% +8.7%
2001 4.8% +8.9%
2002 5.0% +4.1%
2003 5.1% +1.3%
2004 5.5% +8.0%
2005 5.9% +8.7%
2006 6.4% +7.8%
2007 6.7% +3.9%
2008 6.4% -4.2%
2009 7.2% +13.4%
2010 8.6% +19.3%
2011 8.9% +3.3%
2012 8.6% -3.8%
2013 8.5% -0.4%
2014 8.5% -0.3%
2015 8.5% -0.4%
2016 8.7% +2.4%
2017 8.8% +1.0%
2018 8.6% -2.4%
2019 8.6% +0.9%
2020 8.4% -2.4%
2021 8.3% -1.0%
2022 8.3% -0.2%
2023 9.1% +9.3%

Canada compared with similar countries

  • Canada's 9.1% is above the median for high income countries, which is 1.5%, 5.9× the median. (74 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 2.2% 1.5% 2.9% 10
1970s 1.7% 1.4% 2.1% 10
1980s 2.7% 2.0% 3.2% 10
1990s 3.5% 2.7% 4.1% 10
2000s 5.7% 4.4% 7.2% 10
2010s 8.6% 8.5% 8.9% 10
2020s 8.6% 8.3% 9.1% 4

Countries ranked near Canada

  1. 30 Saint Kitts and Nevis 10.2% compare
  2. 31 Algeria 10.1% compare
  3. 32 Bahrain 9.9% compare
  4. 34 Suriname 8.6% compare
  5. 35 Saint Vincent and the Grenadines 8.4% compare
  6. 36 China 7.9% compare

See the full ranking of 253 places →

More private sector data for Canada

All data for Canada →

Frequently asked questions

What is merchandise imports from low- and middle-income economies in latin in Canada?
Merchandise imports from low- and middle-income economies in latin in Canada was 9.1% 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 Canada?
The highest recorded value was 9.1% in 2023.
What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Canada?
The lowest recorded value was 1.4% in 1972.
How does Canada rank for merchandise imports from low- and middle-income economies in latin?
Canada ranks 33rd out of 206 countries with data for 2023.
Is merchandise imports from low- and middle-income economies in latin rising or falling in Canada?
Over the last ten years it is up 6.6%. The long-run trend across the full record is volatile.
Where does this Canada 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.

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Merchandise imports from low- and middle-income economies in Latin in Canada. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 14 September 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-from-low-and-middle-income-economies-in-latin-america-and-the/canada/

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About this data

Indicator
Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
Unit
% of total merchandise imports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 12,628 data points, 1960–2023
Last refreshed

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.