Merchandise imports from low- and middle-income economies within in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Merchandise imports from low- and middle-income economies within was 12.1% in 2023. ▲ Rising
Merchandise imports from low- and middle-income economies within in Latin America & Caribbean (excluding high income), 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 within in Latin America & Caribbean (excluding high income) is 12.1%, measured in 2023.
That represents a change of up 3.5% on the previous year and down 14.0% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies within in Latin America & Caribbean (excluding high income) peaked at 15.3% in 2009 and was at its lowest, 4.0%, in 1961.
That places Latin America & Caribbean (excluding high income) 28th out of 46 groups 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 within in Latin America & Caribbean (excluding high income), year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 4.9% | — |
| 1961 | 4.0% | -17.6% |
| 1962 | 5.5% | +35.4% |
| 1963 | 6.3% | +15.9% |
| 1964 | 7.7% | +22.2% |
| 1965 | 9.4% | +20.9% |
| 1966 | 8.7% | -6.9% |
| 1967 | 8.4% | -3.2% |
| 1968 | 8.6% | +1.9% |
| 1969 | 9.2% | +7.2% |
| 1970 | 8.7% | -5.2% |
| 1971 | 8.0% | -8.0% |
| 1972 | 8.5% | +5.7% |
| 1973 | 9.3% | +9.0% |
| 1974 | 7.8% | -15.6% |
| 1975 | 8.3% | +5.5% |
| 1976 | 9.4% | +14.0% |
| 1977 | 10.2% | +8.8% |
| 1978 | 9.3% | -8.9% |
| 1979 | 10.1% | +8.6% |
| 1980 | 9.4% | -7.6% |
| 1981 | 9.7% | +3.5% |
| 1982 | 11.9% | +22.8% |
| 1983 | 12.8% | +7.4% |
| 1984 | 13.8% | +8.0% |
| 1985 | 12.1% | -11.9% |
| 1986 | 11.5% | -5.0% |
| 1987 | 11.1% | -4.1% |
| 1988 | 10.9% | -1.3% |
| 1989 | 11.5% | +5.2% |
| 1990 | 10.7% | -6.7% |
| 1991 | 10.3% | -3.9% |
| 1992 | 11.2% | +9.0% |
| 1993 | 11.0% | -1.6% |
| 1994 | 11.2% | +1.2% |
| 1995 | 12.5% | +11.6% |
| 1996 | 12.6% | +0.8% |
| 1997 | 12.2% | -2.5% |
| 1998 | 11.7% | -4.2% |
| 1999 | 10.0% | -15.1% |
| 2000 | 10.5% | +5.1% |
| 2001 | 10.9% | +3.9% |
| 2002 | 10.2% | -6.5% |
| 2003 | 11.3% | +11.5% |
| 2004 | 12.7% | +11.8% |
| 2005 | 14.1% | +11.3% |
| 2006 | 14.5% | +2.9% |
| 2007 | 15.2% | +5.0% |
| 2008 | 15.1% | -0.7% |
| 2009 | 15.3% | +1.0% |
| 2010 | 14.7% | -3.8% |
| 2011 | 14.8% | +0.6% |
| 2012 | 14.8% | -0.3% |
| 2013 | 14.1% | -4.2% |
| 2014 | 13.2% | -6.4% |
| 2015 | 12.1% | -8.3% |
| 2016 | 12.1% | -0.3% |
| 2017 | 12.3% | +1.7% |
| 2018 | 11.9% | -3.1% |
| 2019 | 11.2% | -6.4% |
| 2020 | 11.3% | +1.1% |
| 2021 | 11.7% | +3.6% |
| 2022 | 11.7% | +0.5% |
| 2023 | 12.1% | +3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 7.3% | 4.0% | 9.4% | 10 |
| 1970s | 9.0% | 7.8% | 10.2% | 10 |
| 1980s | 11.5% | 9.4% | 13.8% | 10 |
| 1990s | 11.3% | 10.0% | 12.6% | 10 |
| 2000s | 13.0% | 10.2% | 15.3% | 10 |
| 2010s | 13.1% | 11.2% | 14.8% | 10 |
| 2020s | 11.7% | 11.3% | 12.1% | 4 |
Countries ranked near Latin America & Caribbean (excluding high income)
More private sector data for Latin America & Caribbean (excluding high income)
- Merchandise trade 43.4% (2025)
- Food imports 8.3% (2024)
- Manufactures imports 74.3% (2024)
- Merchandise imports 1.40 trillion current US$ (2025)
- Food exports 19.4% (2025)
- Manufactures exports 61.3% (2025)
- Merchandise exports 1.37 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 2,178 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2093 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.06 % change on previous year (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is merchandise imports from low- and middle-income economies within in Latin America & Caribbean (excluding high income)?
- Merchandise imports from low- and middle-income economies within in Latin America & Caribbean (excluding high income) was 12.1% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies within recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 15.3% in 2009.
- What is the lowest merchandise imports from low- and middle-income economies within recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 4.0% in 1961.
- How does Latin America & Caribbean (excluding high income) rank for merchandise imports from low- and middle-income economies within?
- Latin America & Caribbean (excluding high income) ranks 28th out of 46 groups with data for 2023.
- Is merchandise imports from low- and middle-income economies within rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is down 14.0%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from low- and middle-income economies within region (% 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 within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.