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Latin America & Caribbean Trade Summary

2012

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 2012

Overall Exports and Imports for Latin America & Caribbean 2012

Exports and imports of Latin America & Caribbean in 2012 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,102,912 million.
  • The total value of imports (CIF) was 1,107,223 million.
  • At the HS6 digit level, 4,641 products were exported to 232 countries and 4,865 products were imported from 236 countries.

Latin America & Caribbean top 5 Export and Import partners 2012

Top five countries to which Latin America & Caribbean exported in 2012 are below, along with the percent of total exports that went to that country:

  1. Latin America & Caribbean exports to United States worth US$ 402,809 million, with a partner share of 36.52 percent.
  2. Latin America & Caribbean exports to China worth US$ 83,826 million, with a partner share of 7.60 percent.
  3. Latin America & Caribbean exports to Unspecified worth US$ 76,843 million, with a partner share of 6.97 percent.
  4. Latin America & Caribbean exports to Brazil worth US$ 38,174 million, with a partner share of 3.46 percent.
  5. Latin America & Caribbean exports to Other Asia, nes worth US$ 27,502 million, with a partner share of 2.49 percent.

Top five countries from which Latin America & Caribbean imported goods in 2012 are below, along with percent of total imports that came from the country :

  1. Latin America & Caribbean imports from United States worth US$ 341,214 million, with a partner share of 30.82 percent.
  2. Latin America & Caribbean imports from China worth US$ 168,387 million, with a partner share of 15.21 percent.
  3. Latin America & Caribbean imports from Brazil worth US$ 48,563 million, with a partner share of 4.39 percent.
  4. Latin America & Caribbean imports from Germany worth US$ 42,963 million, with a partner share of 3.88 percent.
  5. Latin America & Caribbean imports from Japan worth US$ 38,116 million, with a partner share of 3.44 percent.

Latin America & Caribbean Top 5 Productsexports imports at HS 6 digit level 2012

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$ 180,672,126.88 million.
  2. Latin America & Caribbean exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 50,679,999.34 million.
  3. Latin America & Caribbean exported Copper ores and concentrates , worth US$ 28,888,565.86 million.
  4. Latin America & Caribbean exported Non-agglomerated iron ores and concentrates , worth US$ 26,146,985.66 million.
  5. Latin America & Caribbean exported Gold in unwrought forms non-monetary , worth US$ 26,144,438.28 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$ 91,041,941.00 million.
  2. Latin America & Caribbean imported Petroleum oils and oils obtained from bituminou , worth US$ 32,031,096.78 million.
  3. Latin America & Caribbean imported Automobiles with reciprocating piston engine di , worth US$ 21,947,433.56 million.
  4. Latin America & Caribbean imported Monolithic integrated circuits, nes , worth US$ 17,975,883.01 million.
  5. Latin America & Caribbean imported Parts suitable for use solely or princ with the , worth US$ 14,213,743.36 million.

Exports and Imports of Product Groups 2012

Exports and imports of products by stages of processing in 2012 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2012

Tariffs imposed by Latin America & Caribbean in 2012 are below

  • The maximum rate of tariff in percentage on any product was 871.30 percent.
  • The simple average tariff across all products was 8.07 percent.
  • The trade weighted average tariff was 5.56 .
  • The total duty free imports in thousands of US dollars were 432,218,415.43 and duty free tariff line items share was 39.37 percent.

Development Indicators 2012

Key Development Indicators of Latin America & Caribbean in 2012 are below

  • Latin America & Caribbean GDP in current US dollar was 6,155,024 million.
  • GNI per capita, Atlas method (current US$) was 9,808.52 .
  • Latin America & Caribbean Trade balance: as % of GDP was -0.86.
  • Trade balance in current US$ was -53,127.00 million.
  • Trade as percentage of GDP was 46.03 .
  • Trade in services as percentage of GDP was 6.66 .

Trade Indicators 2012

Trade Indicators for Latin America & Caribbean in 2012 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 .