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Latin America & Caribbean Trade Summary

2006

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 2006

Overall Exports and Imports for Latin America & Caribbean 2006

Exports and imports of Latin America & Caribbean in 2006 are below, along with number of countries and products

  • The total value of exports (FoB) was 681,526 million.
  • The total value of imports (CIF) was 616,510 million.
  • At the HS6 digit level, 4,838 products were exported to 229 countries and 4,928 products were imported from 232 countries.

Latin America & Caribbean top 5 Export and Import partners 2006

Top five countries to which Latin America & Caribbean exported in 2006 are below, along with the percent of total exports that went to that country:

  1. Latin America & Caribbean exports to United States worth US$ 327,753 million, with a partner share of 48.09 percent.
  2. Latin America & Caribbean exports to China worth US$ 23,147 million, with a partner share of 3.40 percent.
  3. Latin America & Caribbean exports to Brazil worth US$ 18,666 million, with a partner share of 2.74 percent.
  4. Latin America & Caribbean exports to Netherlands worth US$ 16,488 million, with a partner share of 2.42 percent.
  5. Latin America & Caribbean exports to Unspecified worth US$ 16,190 million, with a partner share of 2.38 percent.

Top five countries from which Latin America & Caribbean imported goods in 2006 are below, along with percent of total imports that came from the country :

  1. Latin America & Caribbean imports from United States worth US$ 208,132 million, with a partner share of 33.76 percent.
  2. Latin America & Caribbean imports from China worth US$ 55,397 million, with a partner share of 8.99 percent.
  3. Latin America & Caribbean imports from Brazil worth US$ 34,672 million, with a partner share of 5.62 percent.
  4. Latin America & Caribbean imports from Japan worth US$ 28,057 million, with a partner share of 4.55 percent.
  5. Latin America & Caribbean imports from Germany worth US$ 23,308 million, with a partner share of 3.78 percent.

Latin America & Caribbean Top 5 Productsexports imports at HS 6 digit level 2006

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 114,941,099.14 (US$ Thousands).
  2. Latin America & Caribbean exported Copper cathodes and sections of cathodes unwrou , worth 20,638,550.50 (US$ Thousands).
  3. Latin America & Caribbean exported Petroleum oils, etc, (excl. crude); preparation , worth 20,401,275.96 (US$ Thousands).
  4. Latin America & Caribbean exported Automobiles with reciprocating piston engine di , worth 18,292,711.13 (US$ Thousands).
  5. Latin America & Caribbean exported Copper ores and concentrates , worth 17,374,456.29 (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 30,769,388.10 (US$ Thousands).
  2. Latin America & Caribbean imported Petroleum oils and oils obtained from bituminou , worth 22,021,994.02 (US$ Thousands).
  3. Latin America & Caribbean imported Automobiles with reciprocating piston engine di , worth 12,450,510.74 (US$ Thousands).
  4. Latin America & Caribbean imported Parts suitable for use solely or princ with the , worth 11,689,200.20 (US$ Thousands).
  5. Latin America & Caribbean imported Transmission apparatus, for radioteleph incorpo , worth 10,688,035.31 (US$ Thousands).

Exports and Imports of Product Groups 2006

Exports and imports of products by stages of processing in 2006 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2006

Tariffs imposed by Latin America & Caribbean in 2006 are below

  • The maximum rate of tariff in percentage on any product was 659.65 percent.
  • The simple average tariff across all products was 8.98 percent.
  • The trade weighted average tariff was 4.74 .
  • The total duty free imports in thousands of US dollars were 309,097,303.66 and duty free tariff line items share was 29.96 percent.

Development Indicators 2006

Key Development Indicators of Latin America & Caribbean in 2006 are below

  • Latin America & Caribbean GDP in current US dollar was 3,351,830 million.
  • GNI per capita, Atlas method (current US$) was 5,276.02 .
  • Latin America & Caribbean Trade balance: as % of GDP was 2.26.
  • Trade balance in current US$ was 75,692.00 million.
  • Trade as percentage of GDP was 46.37 .
  • Trade in services as percentage of GDP was 6.45 .

Trade Indicators 2006

Trade Indicators for Latin America & Caribbean in 2006 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 .