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Latin America & Caribbean Trade Summary

2002

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 2002

Overall Exports and Imports for Latin America & Caribbean 2002

Exports and imports of Latin America & Caribbean in 2002 are below, along with number of countries and products

  • The total value of exports (FoB) was 346,374 million.
  • The total value of imports (CIF) was 342,442 million.
  • At the HS6 digit level, 4,876 products were exported to 228 countries and 4,950 products were imported from 232 countries.

Latin America & Caribbean top 5 Export and Import partners 2002

Top five countries to which Latin America & Caribbean exported in 2002 are below, along with the percent of total exports that went to that country:

  1. Latin America & Caribbean exports to United States worth US$ 198,609 million, with a partner share of 57.34 percent.
  2. Latin America & Caribbean exports to Brazil worth US$ 9,391 million, with a partner share of 2.71 percent.
  3. Latin America & Caribbean exports to Netherlands worth US$ 7,273 million, with a partner share of 2.10 percent.
  4. Latin America & Caribbean exports to Japan worth US$ 6,588 million, with a partner share of 1.90 percent.
  5. Latin America & Caribbean exports to China worth US$ 6,507 million, with a partner share of 1.88 percent.

Top five countries from which Latin America & Caribbean imported goods in 2002 are below, along with percent of total imports that came from the country :

  1. Latin America & Caribbean imports from United States worth US$ 157,454 million, with a partner share of 45.98 percent.
  2. Latin America & Caribbean imports from Japan worth US$ 16,751 million, with a partner share of 4.89 percent.
  3. Latin America & Caribbean imports from Germany worth US$ 14,685 million, with a partner share of 4.29 percent.
  4. Latin America & Caribbean imports from China worth US$ 12,687 million, with a partner share of 3.71 percent.
  5. Latin America & Caribbean imports from Brazil worth US$ 11,441 million, with a partner share of 3.34 percent.

Latin America & Caribbean Top 5 Productsexports imports at HS 6 digit level 2002

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 Petroleum oils and oils obtained from bituminou , worth US$ 40,746,936.66 million.
  2. Latin America & Caribbean exported Automobiles with reciprocating piston engine di , worth US$ 10,855,122.35 million.
  3. Latin America & Caribbean exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 7,202,832.80 million.
  4. Latin America & Caribbean exported Television receivers including video monitors a , worth US$ 6,844,907.72 million.
  5. Latin America & Caribbean exported Oil-cake and other solid residues, of soya-bean , worth US$ 5,104,364.46 million.

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, etc, (excl. crude); preparation , worth US$ 10,295,296.89 million.
  2. Latin America & Caribbean imported Petroleum oils and oils obtained from bituminou , worth US$ 8,343,168.71 million.
  3. Latin America & Caribbean imported Automobiles with reciprocating piston engine di , worth US$ 6,840,777.88 million.
  4. Latin America & Caribbean imported Parts and accessories of automatic data process , worth US$ 5,504,534.71 million.
  5. Latin America & Caribbean imported Monolithic integrated circuits, digital , worth US$ 4,327,378.15 million.

Exports and Imports of Product Groups 2002

Exports and imports of products by stages of processing in 2002 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2002

Tariffs imposed by Latin America & Caribbean in 2002 are below

  • The maximum rate of tariff in percentage on any product was 1,790.93 percent.
  • The simple average tariff across all products was 11.44 percent.
  • The trade weighted average tariff was 7.26 .
  • The total duty free imports in thousands of US dollars were 85,869,066.14 and duty free tariff line items share was 12.96 percent.

Development Indicators 2002

Key Development Indicators of Latin America & Caribbean in 2002 are below

  • Latin America & Caribbean GDP in current US dollar was 2,014,495 million.
  • GNI per capita, Atlas method (current US$) was 3,783.21 .
  • Latin America & Caribbean Trade balance: as % of GDP was 0.99.
  • Trade balance in current US$ was 19,881.00 million.
  • Trade as percentage of GDP was 41.56 .
  • Trade in services as percentage of GDP was 6.88 .

Trade Indicators 2002

Trade Indicators for Latin America & Caribbean in 2002 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 .