Latin America & Caribbean Trade Summary

2020 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): 939,380
No. Of products: 4,520
No. Of partners: 234
Importsmore »
Imports (in US$ Mil): 884,147
No. Of products: 4,631
No. Of partners: 236

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...49,790,425.88
Copper ores and conc ...36,861,997.96
Soya beans33,687,055.49
Digital process unit ...27,186,946.45
Non-agglomerated iro ...26,785,800.12
Imports (US$ Thousands)
Petroleum oils, etc, ...45,808,159.66
Monolithic integrate ...18,736,632.44
Transmission apparat ...16,485,668.73
Parts and accessorie ...13,045,283.42
Other medicaments of ...12,988,372.03

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States413,447 44.01
China129,665 13.80
Canada21,923 2.33
Brazil21,842 2.33
Japan18,380 1.96
Exporter Trade (US$ Mil) Partner share(%)
United States275,089 31.11
China181,987 20.58
Germany33,693 3.81
Brazil31,618 3.58
Japan24,710 2.79

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials288,348 30.70 58,110 6.57 1.91
Intermediate goods172,247 18.34 201,543 22.80 3.76
Consumer goods205,606 21.89 265,208 30.00 6.48
Capital goods230,013 24.49 327,402 37.03 5.25

Trade Indicators

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

Tariffs

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No Of Tariff Agreement: 1758
Maximum Rate (%): 1,319.28
Simple Average (%): 6.61
Weighted Average (%): 4.94
Duty Free Imports (US$ Thousand): 275,892,097.49
Duty Free Tariff Lines Share (%): 47.06

Development Indicators

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GDP (current US$): 4,777,569
GNI per capita, Atlas method (current US$): 7,674.20
Trade Balance (% of GDP): 0.80
Trade Balance (current US$ Mil): 38,325.00
Trade in services (% of GDP): 6.91
Trade (% of GDP): 46.82