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Latin America & Caribbean Trade Summary

1989

Latin America & Caribbean exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR LATIN AMERICA & CARIBBEAN 1989

Overall Exports and Imports for Latin America & Caribbean 1989

Exports and imports of Latin America & Caribbean in 1989 are below, along with number of countries and products

  • The total value of exports (FoB) was 35,543 million.
  • The total value of imports (CIF) was 20,619 million.
  • At the HS6 digit level, 4,005 products were exported to 175 countries and 4,442 products were imported from 120 countries.

Latin America & Caribbean top 5 Export and Import partners 1989

Top five countries to which Latin America & Caribbean exported in 1989 are below, along with the percent of total exports that went to that country:

  1. Latin America & Caribbean exports to United States worth US$ 7,899 million, with a partner share of 22.22 percent.
  2. Latin America & Caribbean exports to Netherlands worth US$ 2,816 million, with a partner share of 7.92 percent.
  3. Latin America & Caribbean exports to Japan worth US$ 2,416 million, with a partner share of 6.80 percent.
  4. Latin America & Caribbean exports to Germany worth US$ 1,572 million, with a partner share of 4.42 percent.
  5. Latin America & Caribbean exports to France worth US$ 1,299 million, with a partner share of 3.65 percent.

Top five countries from which Latin America & Caribbean imported goods in 1989 are below, along with percent of total imports that came from the country :

  1. Latin America & Caribbean imports from United States worth US$ 4,139 million, with a partner share of 20.08 percent.
  2. Latin America & Caribbean imports from Iraq worth US$ 1,692 million, with a partner share of 8.21 percent.
  3. Latin America & Caribbean imports from Germany worth US$ 1,627 million, with a partner share of 7.89 percent.
  4. Latin America & Caribbean imports from Japan worth US$ 1,608 million, with a partner share of 7.80 percent.
  5. Latin America & Caribbean imports from Argentina worth US$ 1,375 million, with a partner share of 6.67 percent.

Latin America & Caribbean Top 5 Productsexports imports at HS 6 digit level 1989

The top five exported HS 6 digit level products to world by Latin America & Caribbean along with trade value are:

  1. Latin America & Caribbean exported Oil-cake and other solid residues, of soya-bean , worth 2,161,567.69 (US$ Thousands).
  2. Latin America & Caribbean exported Coffee, not roasted or decaffeinated , worth 1,634,537.61 (US$ Thousands).
  3. Latin America & Caribbean exported Soya beans , worth 1,536,137.73 (US$ Thousands).
  4. Latin America & Caribbean exported Non-agglomerated iron ores and concentrates , worth 1,470,838.40 (US$ Thousands).
  5. Latin America & Caribbean exported Frozen orange juice, unfermented, not containin , worth 1,018,734.34 (US$ Thousands).

The top five imported HS 6 digit level products from world by Latin America & Caribbean along with trade value are

  1. Latin America & Caribbean imported Petroleum oils and oils obtained from bituminou , worth 3,967,567.75 (US$ Thousands).
  2. Latin America & Caribbean imported Other coal, not agglomerated, nes , worth 506,026.94 (US$ Thousands).
  3. Latin America & Caribbean imported Copper ores and concentrates , worth 289,345.02 (US$ Thousands).
  4. Latin America & Caribbean imported Potassium chloride , worth 248,444.52 (US$ Thousands).
  5. Latin America & Caribbean imported Cotton, not carded or combed , worth 204,384.30 (US$ Thousands).

Exports and Imports of Product Groups 1989

Exports and imports of products by stages of processing in 1989 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1989

Tariffs imposed by Latin America & Caribbean in 1989 are below

  • The maximum rate of tariff in percentage on any product was 85 percent.
  • The simple average tariff across all products was 42.92 percent.
  • The trade weighted average tariff was 31.92 .
  • The total duty free imports in thousands of US dollars were 1,322,713.98 and duty free tariff line items share was 1.67 percent.

Development Indicators 1989

Key Development Indicators of Latin America & Caribbean in 1989 are below

  • Latin America & Caribbean GDP in current US dollar was 994,835 million.
  • GNI per capita, Atlas method (current US$) was 2,201.96 .
  • Latin America & Caribbean Trade balance: as % of GDP was 2.44.
  • Trade balance in current US$ was 24,226.00 million.
  • Trade as percentage of GDP was 32.36 .
  • Trade in services as percentage of GDP was 6.36 .

Trade Indicators 1989

Trade Indicators for Latin America & Caribbean in 1989 are below

  • Hirschman Herfindahl market concentration index was not available.
  • Index of export market penetration was not available.
  • World Growth in percentage was not available and Latin America & Caribbean Country Growth was not available .