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Latin America & Caribbean Trade Summary

2003

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 2003

Overall Exports and Imports for Latin America & Caribbean 2003

Exports and imports of Latin America & Caribbean in 2003 are below, along with number of countries and products

  • The total value of exports (FoB) was 380,657 million.
  • The total value of imports (CIF) was 355,327 million.
  • At the HS6 digit level, 4,861 products were exported to 227 countries and 4,950 products were imported from 232 countries.

Latin America & Caribbean top 5 Export and Import partners 2003

Top five countries to which Latin America & Caribbean exported in 2003 are below, along with the percent of total exports that went to that country:

  1. Latin America & Caribbean exports to United States worth US$ 208,085 million, with a partner share of 54.66 percent.
  2. Latin America & Caribbean exports to China worth US$ 11,255 million, with a partner share of 2.96 percent.
  3. Latin America & Caribbean exports to Netherlands worth US$ 10,516 million, with a partner share of 2.76 percent.
  4. Latin America & Caribbean exports to Brazil worth US$ 9,246 million, with a partner share of 2.43 percent.
  5. Latin America & Caribbean exports to Germany worth US$ 7,722 million, with a partner share of 2.03 percent.

Top five countries from which Latin America & Caribbean imported goods in 2003 are below, along with percent of total imports that came from the country :

  1. Latin America & Caribbean imports from United States worth US$ 153,826 million, with a partner share of 43.29 percent.
  2. Latin America & Caribbean imports from China worth US$ 18,299 million, with a partner share of 5.15 percent.
  3. Latin America & Caribbean imports from Brazil worth US$ 15,338 million, with a partner share of 4.32 percent.
  4. Latin America & Caribbean imports from Japan worth US$ 14,967 million, with a partner share of 4.21 percent.
  5. Latin America & Caribbean imports from Germany worth US$ 14,709 million, with a partner share of 4.14 percent.

Latin America & Caribbean Top 5 Productsexports imports at HS 6 digit level 2003

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 47,327,324.53 (US$ Thousands).
  2. Latin America & Caribbean exported Automobiles with reciprocating piston engine di , worth 10,141,875.79 (US$ Thousands).
  3. Latin America & Caribbean exported Petroleum oils, etc, (excl. crude); preparation , worth 9,094,223.20 (US$ Thousands).
  4. Latin America & Caribbean exported Soya beans , worth 6,766,686.44 (US$ Thousands).
  5. Latin America & Caribbean exported Television receivers including video monitors a , worth 6,561,052.84 (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, etc, (excl. crude); preparation , worth 11,278,264.75 (US$ Thousands).
  2. Latin America & Caribbean imported Petroleum oils and oils obtained from bituminou , worth 10,006,262.00 (US$ Thousands).
  3. Latin America & Caribbean imported Automobiles with reciprocating piston engine di , worth 6,750,268.40 (US$ Thousands).
  4. Latin America & Caribbean imported Parts and accessories of automatic data process , worth 6,087,436.17 (US$ Thousands).
  5. Latin America & Caribbean imported Monolithic integrated circuits, digital , worth 4,944,980.14 (US$ Thousands).

Exports and Imports of Product Groups 2003

Exports and imports of products by stages of processing in 2003 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2003

Tariffs imposed by Latin America & Caribbean in 2003 are below

  • The maximum rate of tariff in percentage on any product was 1,774.88 percent.
  • The simple average tariff across all products was 11.19 percent.
  • The trade weighted average tariff was 12.26 .
  • The total duty free imports in thousands of US dollars were 42,358,110.21 and duty free tariff line items share was 12.44 percent.

Development Indicators 2003

Key Development Indicators of Latin America & Caribbean in 2003 are below

  • Latin America & Caribbean GDP in current US dollar was 2,055,791 million.
  • GNI per capita, Atlas method (current US$) was 3,774.68 .
  • Latin America & Caribbean Trade balance: as % of GDP was 2.01.
  • Trade balance in current US$ was 41,295.00 million.
  • Trade as percentage of GDP was 43.52 .
  • Trade in services as percentage of GDP was 7.16 .

Trade Indicators 2003

Trade Indicators for Latin America & Caribbean in 2003 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 .