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) 990,395
No. Of products 4,602
No. Of partners 233
Imports (in US$ Mil) 980,782
No. Of products 4,765
No. Of partners 237

Trade Indicator

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

Service Indicators 2018

Service imports (BoP, current US$)245,999,706,290.00
Service exports (BoP, current US$)194,878,535,480.00
Imports of goods and services (% of GDP)23.84
Exports of goods and services (% of GDP)23.00

Latin America & Caribbean top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States426,311 43.04
China122,069 12.33
Brazil28,188 2.85
Unspecified26,942 2.72
Netherlands22,991 2.32
Exporter Trade (US$ Mil) Partner share(%)
United States314,055 32.02
China185,807 18.94
Brazil49,349 5.03
Germany39,983 4.08
Japan30,690 3.13

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 materials298,450 30.13 66,630 6.79 1.33
Intermediate goods190,621 19.25 220,795 22.51 2.56
Consumer goods217,377 21.95 309,084 31.51 5.40
Capital goods262,928 26.55 365,039 37.22 2.65

Top 5 Products exports imports at HS 6 digit level

Petroleum oils and o ...74,911,276.27
Soya beans37,325,382.21
Copper ores and conc ...36,943,752.23
Automobiles with rec ...36,284,609.49
Digital process unit ...24,763,579.38
Petroleum oils, etc, ...70,984,630.66
Monolithic integrate ...19,291,774.71
Transmission apparat ...16,832,109.93
Automobiles with rec ...16,492,849.85
Petroleum oils and o ...13,991,847.87

Tariff and Trade Barriers for Latin America & Caribbean

Tariffs 2018

No. Of Tariff Agreement 1575
Simple Average (%) 6.70
Duty Free Imports (US$ Thousand) 663,473,643.94
Maximum Rate (%) 3,000
Weighted Average (%) 3.27
Duty Free Tariff Lines Share (%) 53.09

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)

2018 WDI »
GDP (current US$ Mil)5,800,576
GNI per capita, Atlas method (current US$)8,718.56
Trade Balance (current US$ Mil)-115,441.00
Trade Balance (% of GDP)-0.85

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...