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Latin America & Caribbean Trade Summary

2007

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 2007

Overall Exports and Imports for Latin America & Caribbean 2007

Exports and imports of Latin America & Caribbean in 2007 are below, along with number of countries and products

  • The total value of exports (FoB) was 701,062 million.
  • The total value of imports (CIF) was 724,896 million.
  • At the HS6 digit level, 4,816 products were exported to 234 countries and 4,922 products were imported from 234 countries.

Latin America & Caribbean top 5 Export and Import partners 2007

Top five countries to which Latin America & Caribbean exported in 2007 are below, along with the percent of total exports that went to that country:

  1. Latin America & Caribbean exports to United States worth US$ 309,462 million, with a partner share of 44.14 percent.
  2. Latin America & Caribbean exports to China worth US$ 33,878 million, with a partner share of 4.83 percent.
  3. Latin America & Caribbean exports to Brazil worth US$ 22,187 million, with a partner share of 3.16 percent.
  4. Latin America & Caribbean exports to Netherlands worth US$ 19,595 million, with a partner share of 2.80 percent.
  5. Latin America & Caribbean exports to Argentina worth US$ 18,425 million, with a partner share of 2.63 percent.

Top five countries from which Latin America & Caribbean imported goods in 2007 are below, along with percent of total imports that came from the country :

  1. Latin America & Caribbean imports from United States worth US$ 233,770 million, with a partner share of 32.25 percent.
  2. Latin America & Caribbean imports from China worth US$ 73,348 million, with a partner share of 10.12 percent.
  3. Latin America & Caribbean imports from Brazil worth US$ 39,713 million, with a partner share of 5.48 percent.
  4. Latin America & Caribbean imports from Japan worth US$ 31,890 million, with a partner share of 4.40 percent.
  5. Latin America & Caribbean imports from Germany worth US$ 28,060 million, with a partner share of 3.87 percent.

Latin America & Caribbean Top 5 Productsexports imports at HS 6 digit level 2007

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 64,101,813.34 (US$ Thousands).
  2. Latin America & Caribbean exported Copper cathodes and sections of cathodes unwrou , worth 23,184,769.20 (US$ Thousands).
  3. Latin America & Caribbean exported Copper ores and concentrates , worth 21,959,719.30 (US$ Thousands).
  4. Latin America & Caribbean exported Petroleum oils, etc, (excl. crude); preparation , worth 20,654,206.54 (US$ Thousands).
  5. Latin America & Caribbean exported Television receivers including video monitors a , worth 20,625,480.16 (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 42,900,258.70 (US$ Thousands).
  2. Latin America & Caribbean imported Petroleum oils and oils obtained from bituminou , worth 26,087,763.44 (US$ Thousands).
  3. Latin America & Caribbean imported Automobiles with reciprocating piston engine di , worth 15,199,378.57 (US$ Thousands).
  4. Latin America & Caribbean imported Transmission apparatus, for radioteleph incorpo , worth 11,016,286.13 (US$ Thousands).
  5. Latin America & Caribbean imported Parts suitable for use solely or princ with the , worth 9,475,187.67 (US$ Thousands).

Exports and Imports of Product Groups 2007

Exports and imports of products by stages of processing in 2007 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2007

Tariffs imposed by Latin America & Caribbean in 2007 are below

  • The maximum rate of tariff in percentage on any product was 1,199.52 percent.
  • The simple average tariff across all products was 8.59 percent.
  • The trade weighted average tariff was 5 .
  • The total duty free imports in thousands of US dollars were 377,318,886.87 and duty free tariff line items share was 33.86 percent.

Development Indicators 2007

Key Development Indicators of Latin America & Caribbean in 2007 are below

  • Latin America & Caribbean GDP in current US dollar was 3,948,805 million.
  • GNI per capita, Atlas method (current US$) was 6,155.54 .
  • Latin America & Caribbean Trade balance: as % of GDP was 1.01.
  • Trade balance in current US$ was 39,865.00 million.
  • Trade as percentage of GDP was 46.40 .
  • Trade in services as percentage of GDP was 6.53 .

Trade Indicators 2007

Trade Indicators for Latin America & Caribbean in 2007 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 .