Merchandise imports from low- and middle-income economies in Latin in Europe & Central Asia

Europe & Central Asia: Merchandise imports from low- and middle-income economies in Latin was 1.8% in 2023. ▼ Falling

Latest (2023)
1.8%
Change on year
down 3.9%
Rank
41st
of 47 groups
All-time high
4.8%
in 1960
All-time low
1.6%
in 2004
Years of data
64
1960–2023

Merchandise imports from low- and middle-income economies in Latin in Europe & Central Asia, 1960–2023

2345196019912023

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

Analysis

Europe & Central Asia recorded 1.8% for merchandise imports from low- and middle-income economies in latin in 2023.

That represents a change of down 3.9% on the previous year and down 11.1% over ten years.

Over the whole period, merchandise imports from low- and middle-income economies in latin in Europe & Central Asia peaked at 4.8% in 1960 and was at its lowest, 1.6%, in 2004.

That places Europe & Central Asia 41st out of 47 groups with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently falling across the 64 years of available data.

Merchandise imports from low- and middle-income economies in Latin in Europe & Central Asia, year by year

Annual values for Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in Europe & Central Asia, 1960 to 2023.
Year % of total merchandise imports Change
1960 4.8%
1961 4.3% -10.3%
1962 4.6% +6.5%
1963 4.6% -1.2%
1964 4.4% -3.9%
1965 4.3% -2.8%
1966 4.2% -2.5%
1967 3.9% -6.1%
1968 3.5% -10.9%
1969 3.5% +1.3%
1970 3.4% -4.0%
1971 3.0% -11.6%
1972 3.0% +1.7%
1973 3.2% +4.9%
1974 2.7% -15.9%
1975 2.7% -0.9%
1976 2.7% +0.0%
1977 3.2% +20.0%
1978 2.8% -11.6%
1979 2.8% -0.2%
1980 2.7% -4.3%
1981 2.9% +6.7%
1982 2.9% +1.1%
1983 3.1% +5.6%
1984 3.2% +3.7%
1985 3.1% -2.6%
1986 2.5% -20.9%
1987 2.2% -10.4%
1988 2.3% +3.5%
1989 2.2% -1.6%
1990 2.0% -8.9%
1991 2.0% -0.2%
1992 1.9% -8.8%
1993 1.8% -2.8%
1994 1.9% +7.3%
1995 1.9% -4.4%
1996 1.7% -5.7%
1997 1.8% +2.4%
1998 1.8% -0.7%
1999 1.6% -9.2%
2000 1.6% -1.3%
2001 1.6% +2.1%
2002 1.6% -2.1%
2003 1.6% +0.1%
2004 1.6% -0.7%
2005 1.7% +5.2%
2006 1.7% +0.4%
2007 1.8% +6.4%
2008 1.9% +5.8%
2009 1.8% -2.8%
2010 1.9% +6.3%
2011 2.1% +6.6%
2012 2.2% +5.0%
2013 2.0% -8.7%
2014 1.9% -2.4%
2015 1.9% -2.4%
2016 1.8% -2.1%
2017 1.8% -0.1%
2018 1.8% -3.3%
2019 1.7% -2.9%
2020 1.7% +0.1%
2021 1.8% +0.8%
2022 1.8% +4.8%
2023 1.8% -3.9%

Averages by decade

DecadeAverage LowestHighest Years
1960s 4.2% 3.5% 4.8% 10
1970s 2.9% 2.7% 3.4% 10
1980s 2.7% 2.2% 3.2% 10
1990s 1.8% 1.6% 2.0% 10
2000s 1.7% 1.6% 1.9% 10
2010s 1.9% 1.7% 2.2% 10
2020s 1.8% 1.7% 1.8% 4

Countries ranked near Europe & Central Asia

  1. 38 Grenada 7.1% compare
  2. 39 Mauritius 5.1% compare
  3. 40 Mauritania 5.1% compare
  4. 41 Egypt 5.1% compare
  5. 42 Iceland 4.9% compare
  6. 43 Bangladesh 4.9% compare
  7. 44 Angola 4.8% compare

See the full ranking of 253 places →

More private sector data for Europe & Central Asia

All data for Europe & Central Asia →

Frequently asked questions

What is merchandise imports from low- and middle-income economies in latin in Europe & Central Asia?
Merchandise imports from low- and middle-income economies in latin in Europe & Central Asia 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 Europe & Central Asia?
The highest recorded value was 4.8% in 1960.
What is the lowest merchandise imports from low- and middle-income economies in latin recorded in Europe & Central Asia?
The lowest recorded value was 1.6% in 2004.
How does Europe & Central Asia rank for merchandise imports from low- and middle-income economies in latin?
Europe & Central Asia ranks 41st out of 47 groups with data for 2023.
Is merchandise imports from low- and middle-income economies in latin rising or falling in Europe & Central Asia?
Over the last ten years it is down 11.1%. The long-run trend across the full record is falling.
Where does this Europe & Central Asia 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 Europe & Central Asia. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 17 September 2026, from https://private-sector.statizoid.com/stat/merchandise-imports-from-low-and-middle-income-economies-in-latin-america-and-the/europe-and-central-asia/

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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.