Latin America & Caribbean Trade Summary

2018 Data

Latin America & Caribbean exports, imports, tariff by year.

Country / 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

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): 1,017,870
No. Of products: 4,563
No. Of partners: 234
Importsmore »
Imports (in US$ Mil): 1,040,759
No. Of products: 4,768
No. Of partners: 236

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...75,094,298.21
Soya beans37,325,405.00
Copper ores and conc ...36,799,200.41
Automobiles with rec ...36,057,422.66
Digital process unit ...24,667,444.72
Imports (US$ Thousands)
Petroleum oils, etc, ...78,657,536.84
Monolithic integrate ...19,120,651.00
Transmission apparat ...18,063,807.15
Automobiles with rec ...17,069,198.51
Petroleum oils and o ...15,189,502.33

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States450,503 44.26
China122,522 12.04
Brazil28,225 2.77
Netherlands24,236 2.38
Canada23,571 2.32
Exporter Trade (US$ Mil) Partner share(%)
United States339,034 32.58
China193,114 18.56
Brazil50,703 4.87
Germany40,965 3.94
Japan31,848 3.06

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials301,267 29.60 69,789 6.71 1.33
Intermediate goods187,014 18.37 227,444 21.85 2.56
Consumer goods222,223 21.83 335,655 32.25 5.40
Capital goods257,232 25.27 370,154 35.57 2.65

Trade Indicators

more »
HH Market concentration index: ...
Index of export market penetration: ...
World Growth: ...
Country Growth: ...

Tariffs

more »
No Of Tariff Agreement: 1150
Maximum Rate (%): 3,000
Simple Average (%): 6.70
Weighted Average (%): 3.27
Duty Free Imports (US$ Thousand): 663,473,643.94
Duty Free Tariff Lines Share (%): 53.09

Development Indicators

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GDP (current US$): 5,823,560
GNI per capita, Atlas method (current US$): 8,720.46
Trade Balance (% of GDP): -0.95
Trade Balance (current US$ Mil): -123,340.00
Trade in services (% of GDP): 7.76
Trade (% of GDP): 47.32