Overall Exports and Imports for Latin America & Caribbean 2023
- The total value of exports (FOB) is US$ 1,365,806 million.
- The total value of imports (CIF) is US$ 1,371,961 million.
- At the HS6 digit level, 4,503 products are exported to 232 countries and 4,634 products are imported from 236 countries.
Top 5 Products exports imports at HS 6 digit level 2023
The top five exported HS 6 digit level products to world by Latin America & Caribbean along with trade value are:
- Latin America & Caribbean exported Petroleum oils and oils obtained from bituminou , worth 103,033,147.69 (US$ Thousands).
- Latin America & Caribbean exported Soya beans , worth 58,339,940.73 (US$ Thousands).
- Latin America & Caribbean exported Copper ores and concentrates , worth 55,828,452.85 (US$ Thousands).
- Latin America & Caribbean exported Automobiles with reciprocating piston engine di , worth 31,227,293.91 (US$ Thousands).
- Latin America & Caribbean exported Non-agglomerated iron ores and concentrates , worth 30,428,636.11 (US$ Thousands).
The top five imported HS 6 digit level products from world by Latin America & Caribbean along with trade value are
- Latin America & Caribbean imported Petroleum oils, etc, (excl. crude); preparation , worth 108,133,197.45 (US$ Thousands).
- Latin America & Caribbean imported Transmission apparatus, for radioteleph incorpo , worth 33,891,324.49 (US$ Thousands).
- Latin America & Caribbean imported Monolithic integrated circuits, digital , worth 29,564,715.33 (US$ Thousands).
- Latin America & Caribbean imported Petroleum oils and oils obtained from bituminou , worth 21,353,908.55 (US$ Thousands).
- Latin America & Caribbean imported Parts and accessories of automatic data process , worth 21,088,619.83 (US$ Thousands).
Latin America & Caribbean top 5 Export and Import partners 2023
The top five countries to which Latin America & Caribbean exported 2023 along with the partner share in percentage are:
- Latin America & Caribbean exports to United States worth US$ 599,974 million, with a partner share of 43.93 percent.
- Latin America & Caribbean exports to China worth US$ 192,795 million, with a partner share of 14.12 percent.
- Latin America & Caribbean exports to Canada worth US$ 31,247 million, with a partner share of 2.29 percent.
- Latin America & Caribbean exports to Brazil worth US$ 31,166 million, with a partner share of 2.28 percent.
- Latin America & Caribbean exports to Unspecified worth US$ 28,166 million, with a partner share of 2.06 percent.
The top five countries to which Latin America & Caribbean imported goods 2023 along with the share in percentage are
- Latin America & Caribbean imports from United States worth US$ 423,343 million, with a partner share of 30.86 percent.
- Latin America & Caribbean imports from China worth US$ 272,796 million, with a partner share of 19.88 percent.
- Latin America & Caribbean imports from Brazil worth US$ 62,376 million, with a partner share of 4.55 percent.
- Latin America & Caribbean imports from Germany worth US$ 48,488 million, with a partner share of 3.53 percent.
- Latin America & Caribbean imports from Japan worth US$ 37,515 million, with a partner share of 2.73 percent.
Latin America & Caribbean Exports and Imports of Product Groups 2023
Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.
- Latin America & Caribbean Raw materials exports are worth US$ 441,097 million, product share of 32.30%.
- Latin America & Caribbean Raw materials imports are worth US$ 104,144 million, product share of 7.59%.
- Latin America & Caribbean Intermediate goods exports are worth US$ 242,495 million, product share of 17.75%.
- Latin America & Caribbean Intermediate goods imports are worth US$ 309,350 million, product share of 22.55%.
- Latin America & Caribbean Consumer goods exports are worth US$ 292,880 million, product share of 21.44%.
- Latin America & Caribbean Consumer goods imports are worth US$ 439,714 million, product share of 32.05%.
- Latin America & Caribbean Capital goods exports are worth US$ 333,139 million, product share of 24.39%.
- Latin America & Caribbean Capital goods imports are worth US$ 470,672 million, product share of 34.31%.
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 %.