Latin America & Caribbean Trade Summary

2021 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): 1,186,717
No. Of products: 4,494
No. Of partners: 235
Importsmore »
Imports (in US$ Mil): 1,210,370
No. Of products: 4,626
No. Of partners: 236

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...81,908,053.17
Copper ores and conc ...55,812,794.76
Non-agglomerated iro ...44,853,627.76
Soya beans44,798,822.22
Gold in unwrought fo ...25,831,877.62
Imports (US$ Thousands)
Petroleum oils, etc, ...76,812,846.42
Monolithic integrate ...27,894,286.44
Transmission apparat ...26,572,598.14
Parts and accessorie ...22,473,157.95
Natural gas in gaseo ...14,457,381.05

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States497,069 41.89
China171,093 14.42
Brazil30,311 2.55
Canada24,949 2.10
Unspecified24,419 2.06
Exporter Trade (US$ Mil) Partner share(%)
United States367,834 30.39
China259,179 21.41
Brazil47,557 3.93
Germany41,443 3.42
Korea, Rep.32,066 2.65

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials389,918 32.86 79,752 6.59 1.79
Intermediate goods216,964 18.28 291,456 24.08 3.75
Consumer goods227,758 19.19 364,448 30.11 6.48
Capital goods257,305 21.68 402,513 33.26 5.42

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: 1611
Maximum Rate (%): 2,373.84
Simple Average (%): 6.76
Weighted Average (%): 4.90
Duty Free Imports (US$ Thousand): 346,570,245.89
Duty Free Tariff Lines Share (%): 47.79

Development Indicators

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GDP (current US$): 5,510,524
GNI per capita, Atlas method (current US$): 8,131.25
Trade Balance (% of GDP): -0.74
Trade Balance (current US$ Mil): -40,912.00
Trade in services (% of GDP): 7.42
Trade (% of GDP): 53.95