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): 931,413
No. Of products: 4,525
No. Of partners: 234
Importsmore »
Imports (in US$ Mil): 873,073
No. Of products: 4,613
No. Of partners: 236

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...48,771,440.23
Copper ores and conc ...36,623,700.95
Soya beans33,674,895.09
Digital process unit ...27,187,119.63
Automobiles with rec ...26,704,549.23
Imports (US$ Thousands)
Petroleum oils, etc, ...43,944,710.85
Monolithic integrate ...18,736,481.82
Transmission apparat ...16,390,912.09
Parts and accessorie ...13,009,755.36
Other medicaments of ...12,608,581.44

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States410,430 44.07
China129,409 13.89
Brazil21,804 2.34
Canada21,299 2.29
Japan18,101 1.94
Exporter Trade (US$ Mil) Partner share(%)
United States270,107 30.94
China180,586 20.68
Germany33,508 3.84
Brazil31,401 3.60
Japan24,558 2.81

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials284,582 30.55 57,153 6.55 1.91
Intermediate goods169,766 18.23 199,155 22.81 3.76
Consumer goods203,664 21.87 258,900 29.65 6.48
Capital goods230,293 24.73 326,232 37.37 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: 1746
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$): 4,838,098
GNI per capita, Atlas method (current US$): 7,715.12
Trade Balance (% of GDP): 1.04
Trade Balance (current US$ Mil): 6,683.00
Trade in services (% of GDP): 5.75
Trade (% of GDP): 46.34