Latin America & Caribbean Trade Summary

2022 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): 1,383,885
No. Of products: 4,485
No. Of partners: 236
Importsmore »
Imports (in US$ Mil): 1,448,592
No. Of products: 4,631
No. Of partners: 237

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...126,482,189.39
Soya beans53,241,617.97
Copper ores and conc ...46,268,884.12
Petroleum oils, etc, ...29,349,653.69
Non-agglomerated iro ...28,527,236.04
Imports (US$ Thousands)
Petroleum oils, etc, ...130,734,413.20
Monolithic integrate ...32,344,359.05
Parts and accessorie ...26,264,326.09
Transmission apparat ...22,662,083.12
Petroleum oils and o ...22,112,983.44

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States578,075 41.77
China179,642 12.98
Brazil34,630 2.50
Unspecified33,263 2.40
Netherlands31,173 2.25
Exporter Trade (US$ Mil) Partner share(%)
United States452,971 31.27
China303,705 20.97
Brazil62,442 4.31
Germany44,877 3.10
Korea, Rep.36,637 2.53

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials453,400 32.76 100,421 6.93 5.98
Intermediate goods254,927 18.42 339,011 23.40 4.54
Consumer goods265,980 19.22 455,126 31.42 9.25
Capital goods290,110 20.96 441,909 30.51 4.34

Trade Indicators

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

Tariffs

more »
No Of Tariff Agreement: 466
Maximum Rate (%): 1,190.88
Simple Average (%): 7.67
Weighted Average (%): 5.88
Duty Free Imports (US$ Thousand): 471,069,916.51
Duty Free Tariff Lines Share (%): 40.23

Development Indicators

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GDP (current US$): 6,246,622
GNI per capita, Atlas method (current US$): 8,687.80
Trade Balance (% of GDP): -1.69
Trade Balance (current US$ Mil): -105,384.00
Trade in services (% of GDP): 8.46
Trade (% of GDP): 56.77