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Latin America & Caribbean Trade at a Glance : Most Recent Values

Latest trade data available from various sources.

Please note: The data from various sources are not from the same year.

Year

Latin America & Caribbean exports, imports, trade and tariff indicators 2023

Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

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Latin America & Caribbean Trade

Overall Exports and Imports for Latin America & Caribbean 2023

The total value of exports (FOB) is US$ 1,366,071 million.
The total value of imports (CIF) is US$ 1,379,498 million.
The total trade was US$ 2,745,569 million.
The trade balance was US$ -13,427 million.

Latin America & Caribbean Monthly Exports and imports, in

The total value of exports (FOB) is US$ .. K.
The total value of imports (CIF) is US$ .. K.
The total trade was US$ .. K.
The trade balance was US$ .. K.

Latin America & Caribbean Trade Indicators 2023

Hirschman Herfindahl Market concentration index is not available.
Index of export market penetration is not available.
World Growth in percentage is not available and Latin America & Caribbean Country Growth is not available.

Latin America & Caribbean Service Trade data from WDI 2023

Latin America & Caribbean, Service imports (BoP, current US$) is 340,111,656,341.53.
Latin America & Caribbean, Service exports (BoP, current US$) is 278,944,952,982.19.
Latin America & Caribbean, Imports of goods and services as percentage of GDP is 25.47 %.
Latin America & Caribbean, Exports of goods and services as percentage of GDP is 25.22 %.

Tariff and Trade Barriers

Tariffs 2023

Tariffs imposed by Latin America & Caribbean in 2023 are below.

The maximum rate of tariff in percentage on any product is 1,186.80.
The simple average tariff across all products is 6.82.
The trade weighted average tariff is 3.86.
The total duty free imports in thousands of US dollars are 740,381,032.54 and duty free tariff line items share is 49.14.

Latin America & Caribbean Foreign Direct Investment (FDI) 2024

FDI Inward stock (in US$ Mil) was US$ 29,139,578 million.
FDI Inward stock flow (in US$ Mil) was US$ 940,601 million.
FDI Outward stock (in US$ Mil) was US$ 23,627,776 million.
FDI Outward stock flow (in US$ Mil) was US$ 1,027,024 million.

Non-Tariff Measures (NTM)

No Of NTM Measures is not available.
No Of NTM Affected Products (HS 6 Digit) is not available.

Latin America & Caribbean World Development Indicators (WDI) 2023

Key Development Indicators of Latin America & Caribbean in 2023 are below

The population of Latin America & Caribbean is 641,357,515.
GDP in US$ is 7,127,805 million .
GNI per capita, Atlas method in current US dollars is 9,670.28.
Trade balance in US$ is -18,258.00 million.
Trade in services as percentage of GDP is -0.26 %.

WDI

Latin America & Caribbean Global Value Chain (GVC)

GVC related output as percentage of output was not available.
GVC related trade as percentage of trade was not available.

GVC

Latin America & Caribbean Services Service Policy Restrictive Database (SPRD)

Services Trade Restrictions Index (Over All) for Latin America & Caribbean is not available.

SPRD