Latin America & Caribbean Trade

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

2019

Overall Exports and Imports

Exports
Exports (in US$ Mil) 998,109
No. Of products 4,520
No. Of partners 230
Imports
Imports (in US$ Mil) 980,570
No. Of products 4,629
No. Of partners 237

Trade Indicator

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

Service Indicators 2019

Service imports (BoP, current US$)245,543,000,000.00
Service exports (BoP, current US$)202,227,000,000.00
Imports of goods and services (% of GDP)23.34
Exports of goods and services (% of GDP)22.61

Latin America & Caribbean top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States444,446 44.53
China123,737 12.40
Brazil26,071 2.61
Canada23,514 2.36
Unspecified21,722 2.18
Exporter Trade (US$ Mil) Partner share(%)
United States316,503 32.28
China184,202 18.79
Brazil43,154 4.40
Germany39,167 3.99
Japan30,361 3.10

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 materials300,067 30.06 63,354 6.46 1.24
Intermediate goods171,107 17.14 215,000 21.93 3.94
Consumer goods217,807 21.82 304,072 31.01 7.12
Capital goods260,195 26.07 358,821 36.59 5.45

Top 5 Products exports imports at HS 6 digit level

Exports
Petroleum oils and o ...68,722,836.74
Copper ores and conc ...35,420,303.19
Automobiles with rec ...33,649,824.70
Soya beans32,081,192.51
Digital process unit ...27,419,596.67
Imports
Petroleum oils, etc, ...71,689,815.57
Monolithic integrate ...21,280,716.36
Transmission apparat ...18,225,487.46
Petroleum oils and o ...13,328,663.55
Automobiles with rec ...13,256,191.69

Tariff and Trade Barriers for Latin America & Caribbean

Tariffs 2019

No. Of Tariff Agreement 1111
Simple Average (%) 7.12
Duty Free Imports (US$ Thousand) 246,727,875.43
Maximum Rate (%) 3,000
Weighted Average (%) 5.13
Duty Free Tariff Lines Share (%) 45.93

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)

2019 WDI »
Population641,357,515
GDP (current US$ Mil)5,733,770
GNI per capita, Atlas method (current US$)8,794.06
Trade Balance (current US$ Mil)-92,140.00
Trade Balance (% of GDP)-0.72

Doing Business

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

Country Policy and Institutional Assessment (CPIA)

2018 CPIA »
CPIA Trade Ratings4.06

Logistics Performance Index (LPI)

LPI »
LPI Score...
LPI Rank...