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Latin America & Caribbean Trade Summary

2004

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 2004

Overall Exports and Imports for Latin America & Caribbean 2004

Exports and imports of Latin America & Caribbean in 2004 are below, along with number of countries and products

  • The total value of exports (FoB) was 471,561 million.
  • The total value of imports (CIF) was 432,100 million.
  • At the HS6 digit level, 4,855 products were exported to 226 countries and 4,946 products were imported from 233 countries.

Latin America & Caribbean top 5 Export and Import partners 2004

Top five countries to which Latin America & Caribbean exported in 2004 are below, along with the percent of total exports that went to that country:

  1. Latin America & Caribbean exports to United States worth US$ 253,903 million, with a partner share of 53.84 percent.
  2. Latin America & Caribbean exports to China worth US$ 14,333 million, with a partner share of 3.04 percent.
  3. Latin America & Caribbean exports to Brazil worth US$ 11,286 million, with a partner share of 2.39 percent.
  4. Latin America & Caribbean exports to Netherlands worth US$ 10,991 million, with a partner share of 2.33 percent.
  5. Latin America & Caribbean exports to Germany worth US$ 9,501 million, with a partner share of 2.01 percent.

Top five countries from which Latin America & Caribbean imported goods in 2004 are below, along with percent of total imports that came from the country :

  1. Latin America & Caribbean imports from United States worth US$ 167,818 million, with a partner share of 38.84 percent.
  2. Latin America & Caribbean imports from China worth US$ 28,242 million, with a partner share of 6.54 percent.
  3. Latin America & Caribbean imports from Brazil worth US$ 22,813 million, with a partner share of 5.28 percent.
  4. Latin America & Caribbean imports from Japan worth US$ 19,623 million, with a partner share of 4.54 percent.
  5. Latin America & Caribbean imports from Germany worth US$ 17,616 million, with a partner share of 4.08 percent.

Latin America & Caribbean Top 5 Productsexports imports at HS 6 digit level 2004

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$ 54,840,263.37 million.
  2. Latin America & Caribbean exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 22,175,462.38 million.
  3. Latin America & Caribbean exported Automobiles with reciprocating piston engine di , worth US$ 10,092,293.10 million.
  4. Latin America & Caribbean exported Copper cathodes and sections of cathodes unwrou , worth US$ 9,739,692.86 million.
  5. Latin America & Caribbean exported Television receivers including video monitors a , worth US$ 7,858,786.77 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$ 15,115,470.39 million.
  2. Latin America & Caribbean imported Petroleum oils and oils obtained from bituminou , worth US$ 14,460,196.90 million.
  3. Latin America & Caribbean imported Automobiles with reciprocating piston engine di , worth US$ 8,133,461.20 million.
  4. Latin America & Caribbean imported Parts and accessories of automatic data process , worth US$ 7,223,183.07 million.
  5. Latin America & Caribbean imported Monolithic integrated circuits, digital , worth US$ 6,664,081.78 million.

Exports and Imports of Product Groups 2004

Exports and imports of products by stages of processing in 2004 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2004

Tariffs imposed by Latin America & Caribbean in 2004 are below

  • The maximum rate of tariff in percentage on any product was 1,767.53 percent.
  • The simple average tariff across all products was 9.66 percent.
  • The trade weighted average tariff was 5.22 .
  • The total duty free imports in thousands of US dollars were 214,110,493.85 and duty free tariff line items share was 24.08 percent.

Development Indicators 2004

Key Development Indicators of Latin America & Caribbean in 2004 are below

  • Latin America & Caribbean GDP in current US dollar was 2,368,190 million.
  • GNI per capita, Atlas method (current US$) was 4,093.37 .
  • Latin America & Caribbean Trade balance: as % of GDP was 2.28.
  • Trade balance in current US$ was 53,928.00 million.
  • Trade as percentage of GDP was 45.78 .
  • Trade in services as percentage of GDP was 7.00 .

Trade Indicators 2004

Trade Indicators for Latin America & Caribbean in 2004 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 .