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
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


Overall Exports and Imports

Exports (in US$ Mil) 1,182,313
No. Of products 4,492
No. Of partners 235
Imports (in US$ Mil) 1,210,226
No. Of products 4,622
No. Of partners 236

Trade Indicator

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

Service Indicators 2021

Service imports (BoP, current US$)240,111,610,475.47
Service exports (BoP, current US$)174,392,436,051.25
Imports of goods and services (% of GDP)28.09
Exports of goods and services (% of GDP)27.35

Latin America & Caribbean top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States495,935 41.95
China171,082 14.47
Brazil30,300 2.56
Unspecified24,796 2.10
Canada24,625 2.08
Exporter Trade (US$ Mil) Partner share(%)
United States367,667 30.38
China259,142 21.41
Brazil47,542 3.93
Germany41,435 3.42
Korea, Rep.32,060 2.65

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 materials386,489 32.69 79,680 6.58 1.79
Intermediate goods215,767 18.25 291,336 24.07 3.75
Consumer goods227,472 19.24 364,390 30.11 6.48
Capital goods257,454 21.78 402,360 33.25 5.42

Top 5 Products exports imports at HS 6 digit level

Petroleum oils and o ...78,750,601.30
Copper ores and conc ...55,812,794.76
Non-agglomerated iro ...44,853,627.76
Soya beans44,798,820.85
Gold in unwrought fo ...24,676,506.27
Petroleum oils, etc, ...76,472,191.80
Monolithic integrate ...27,894,161.01
Transmission apparat ...26,566,727.18
Parts and accessorie ...22,472,337.39
Natural gas in gaseo ...14,457,381.05

Tariff and Trade Barriers for Latin America & Caribbean

Tariffs 2021

No. Of Tariff Agreement 1167
Simple Average (%) 6.76
Duty Free Imports (US$ Thousand) 346,570,245.89
Maximum Rate (%) 2,373.84
Weighted Average (%) 4.90
Duty Free Tariff Lines Share (%) 47.79

Overall Trade Restrictiveness Index (OTRI)

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

Services Service Policy Restrictive Database (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)

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

World Development Indicators (WDI)

2021 WDI »
GDP (current US$ Mil)5,510,524
GNI per capita, Atlas method (current US$)8,131.25
Trade Balance (current US$ Mil)-40,912.00
Trade Balance (% of GDP)-0.74

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 Score...
LPI Rank...