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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 682,118 million.
  • The total value of imports (CIF) was 624,839 million.
  • At the HS6 digit level, 4,841 products were exported to 229 countries and 4,928 products were imported from 233 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$ 326,886 million, with a partner share of 47.92 percent.
  2. Latin America & Caribbean exports to China worth US$ 23,135 million, with a partner share of 3.39 percent.
  3. Latin America & Caribbean exports to Unspecified worth US$ 20,582 million, with a partner share of 3.02 percent.
  4. Latin America & Caribbean exports to Brazil worth US$ 18,675 million, with a partner share of 2.74 percent.
  5. Latin America & Caribbean exports to Netherlands worth US$ 16,606 million, with a partner share of 2.43 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$ 206,944 million, with a partner share of 33.12 percent.
  2. Latin America & Caribbean imports from China worth US$ 54,396 million, with a partner share of 8.71 percent.
  3. Latin America & Caribbean imports from Brazil worth US$ 34,601 million, with a partner share of 5.54 percent.
  4. Latin America & Caribbean imports from Unspecified worth US$ 33,343 million, with a partner share of 5.34 percent.
  5. Latin America & Caribbean imports from Japan worth US$ 27,756 million, with a partner share of 4.44 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 US$ 114,942,384.13 million.
  2. Latin America & Caribbean exported Copper cathodes and sections of cathodes unwrou , worth US$ 20,638,550.50 million.
  3. Latin America & Caribbean exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 20,056,507.81 million.
  4. Latin America & Caribbean exported Automobiles with reciprocating piston engine di , worth US$ 18,252,854.48 million.
  5. Latin America & Caribbean exported Copper ores and concentrates , worth US$ 17,374,456.29 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$ 29,172,202.90 million.
  2. Latin America & Caribbean imported Petroleum oils and oils obtained from bituminou , worth US$ 20,835,993.38 million.
  3. Latin America & Caribbean imported Automobiles with reciprocating piston engine di , worth US$ 12,380,420.74 million.
  4. Latin America & Caribbean imported Parts suitable for use solely or princ with the , worth US$ 11,588,137.01 million.
  5. Latin America & Caribbean imported Transmission apparatus, for radioteleph incorpo , worth US$ 10,773,025.35 million.

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 3,356,356 million.
  • GNI per capita, Atlas method (current US$) was 5,277.94 .
  • Latin America & Caribbean Trade balance: as % of GDP was 2.61.
  • Trade balance in current US$ was 80,312.00 million.
  • Trade as percentage of GDP was 45.41 .
  • Trade in services as percentage of GDP was 6.14 .

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 .