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.

Country / Region
Year
For viewing trade, tariff data for country or region by year click here.
Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

TRADE SUMMARY FOR Latin America & Caribbean

2016

Overall Exports and Imports

Exports
Exports (in US$ Mil) 816,075
No. Of products 4,597
No. Of partners 234
Imports
Imports (in US$ Mil) 818,074
No. Of products 4,771
No. Of partners 237

Trade Indicator

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

Service Indicators 2016

Service imports (BoP, current US$)212,078,976,080.00
Service exports (BoP, current US$)174,877,315,590.00
Imports of goods and services (% of GDP)22.32
Exports of goods and services (% of GDP)21.17

Latin America & Caribbean top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States376,266 46.11
China73,503 9.01
Brazil21,719 2.66
Netherlands18,962 2.32
Canada18,624 2.28
Exporter Trade (US$ Mil) Partner share(%)
United States267,622 32.71
China150,600 18.41
Germany33,392 4.08
Brazil33,363 4.08
Japan28,740 3.51

Latin America & Caribbean Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials214,857 26.33 50,451 6.17 7.67
Intermediate goods174,803 21.42 181,858 22.23 4.57
Consumer goods188,242 23.07 255,239 31.20 9.26
Capital goods229,422 28.11 316,641 38.71 4.00

Top 5 Products exports imports at HS 6 digit level

Exports
Petroleum oils and o ...39,471,722.82
Copper ores and conc ...25,313,370.89
Soya beans25,250,386.80
Automobiles with rec ...24,209,186.09
Gold in unwrought fo ...17,717,779.65
Imports
Petroleum oils, etc, ...44,040,912.94
Monolithic integrate ...18,222,520.98
Automobiles with rec ...16,387,833.71
Transmission apparat ...11,452,960.66
Other medicaments of ...10,534,900.21

Tariff and Trade Barriers for Latin America & Caribbean

Tariffs 2016

No. Of Tariff Agreement 1162
Simple Average (%) 8.92
Duty Free Imports (US$ Thousand) 320,413,905.14
Maximum Rate (%) 3,000
Weighted Average (%) 5.77
Duty Free Tariff Lines Share (%) 37.87

Overall Trade Restrictiveness Index (OTRI)

OTRI »
Overall Trade Restrictiveness Index - MFN Tariff...
Overall Trade Restrictiveness Index - Applied Tariff...

Services Service Policy Restrictive Database (SPRD)

SPRD »
Services Trade Restrictions Index - Over All...

Non-Tariff Measures (NTM)

No Of NTM Measures...
No Of NTM Affected Products (HS 6 Digit)...

Temporary Trade Barriers Database (TTDB)

TTDB »
Temporary Trade Barriers in Effect - Simple Average...
Temporary Trade Barriers in Effect - Weighted Average...

World Development Indicators (WDI)

2016 WDI »
Population637,664,490
GDP (current US$ Mil)5,201,168
GNI per capita, Atlas method (current US$)8,252.44
Trade Balance (current US$ Mil)-53,010.00
Trade Balance (% of GDP)-1.15

Doing Business

Doing Business »
Ease of Doing Business Rank...
Trading Across Borders Rank...

Country Policy and Institutional Assessment (CPIA)

2016 CPIA »
CPIA Trade Ratings4.06

Logistics Performance Index (LPI)

LPI »
LPI Score...
LPI Rank...