Manufactures exports in Latin America & Caribbean
Latin America & Caribbean: Manufactures exports was 46.5% in 2024. ▲ Rising
Manufactures exports in Latin America & Caribbean, 1962–2024
Source: Comtrade database, United Nations (UN), publisher: UN Statistics Division. Measured in % of merchandise exports.
Analysis
The most recent figure for manufactures exports in Latin America & Caribbean is 46.5%, measured in 2024.
That represents a change of down 0.9% on the previous year and down 3.6% over ten years.
Over the whole period, manufactures exports in Latin America & Caribbean peaked at 56.3% in 1998 and was at its lowest, 8.3%, in 1962.
The long-run direction has been consistently rising across the 61 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.2% | 8.3% | 15.7% | 8 |
| 1970s | 22.9% | 19.5% | 26.1% | 10 |
| 1980s | 24.1% | 17.4% | 34.8% | 8 |
| 1990s | 50.7% | 39.5% | 56.3% | 10 |
| 2000s | 51.9% | 46.6% | 55.5% | 10 |
| 2010s | 47.7% | 43.6% | 50.9% | 10 |
| 2020s | 46.5% | 45.5% | 47.0% | 5 |
More private sector data for Latin America & Caribbean
- Food imports 9.1% (2024)
- Manufactures imports 73.2% (2024)
- Merchandise imports 1.66 trillion current US$ (2025)
- Merchandise trade 44.2% (2025)
- Food exports 24.7% (2024)
- Merchandise exports 1.67 trillion current US$ (2025)
- Commercial service exports 319.54 billion current US$ (2025)
- Transport services 30.8% (2025)
- Computer, communications and other services 36.0% (2025)
- Commercial service imports 376.35 billion current US$ (2025)
Frequently asked questions
- What is manufactures exports in Latin America & Caribbean?
- Manufactures exports in Latin America & Caribbean was 46.5% in 2024, according to Comtrade database, United Nations (UN), publisher: UN Statistics Division.
- What is the highest manufactures exports recorded in Latin America & Caribbean?
- The highest recorded value was 56.3% in 1998.
- What is the lowest manufactures exports recorded in Latin America & Caribbean?
- The lowest recorded value was 8.3% in 1962.
- Is manufactures exports rising or falling in Latin America & Caribbean?
- Over the last ten years it is down 3.6%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean data come from?
- The figures come from Comtrade database, United Nations (UN), publisher: UN Statistics Division, published as part of Manufactures exports (% of merchandise exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 61 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Manufactures comprise commodities in SITC (Rev. 3) sections 5 (chemicals), 6 (basic manufactures), 7 (machinery and transport equipment), and 8 (miscellaneous manufactured goods), excluding division 68 (non-ferrous metals). This indicator is expressed as a percentage of merchandise exports which is comprised of goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e.