Merchandise trade in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Merchandise trade was 43.4% in 2025. ▲ Rising
Merchandise trade in Latin America & Caribbean (excluding high income), 1960–2025
Source: World Trade Organization (WTO). Measured in % of GDP.
Analysis
Latin America & Caribbean (excluding high income) recorded 43.4% for merchandise trade in 2025.
Compared with earlier readings it is up 2.0% on the previous year and up 19.1% over ten years.
Over the whole period, merchandise trade in Latin America & Caribbean (excluding high income) peaked at 48.9% in 2022 and was at its lowest, 16.6%, in 1966.
The long-run direction has been consistently rising across the 66 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 18.1% | 16.6% | 21.2% | 10 |
| 1970s | 20.3% | 17.4% | 23.4% | 10 |
| 1980s | 24.1% | 22.3% | 26.2% | 10 |
| 1990s | 24.4% | 21.7% | 29.8% | 10 |
| 2000s | 35.3% | 30.7% | 38.3% | 10 |
| 2010s | 35.6% | 31.7% | 39.5% | 10 |
| 2020s | 44.1% | 40.7% | 48.9% | 6 |
More private sector data for Latin America & Caribbean (excluding high income)
- Merchandise exports 1.37 trillion current US$ (2025)
- Manufactures exports 61.3% (2025)
- Food exports 19.4% (2025)
- Merchandise imports 1.40 trillion current US$ (2025)
- Manufactures imports 74.3% (2024)
- Food imports 8.3% (2024)
- Commercial service exports 213.40 billion current US$ (2025)
- Transport services 30.2% (2025)
- Computer, communications and other services 36.3% (2025)
- Commercial service imports 301.91 billion current US$ (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is merchandise trade in Latin America & Caribbean (excluding high income)?
- Merchandise trade in Latin America & Caribbean (excluding high income) was 43.4% in 2025, according to World Trade Organization (WTO).
- What is the highest merchandise trade recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 48.9% in 2022.
- What is the lowest merchandise trade recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 16.6% in 1966.
- Is merchandise trade rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 19.1%. The long-run trend across the full record is rising.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from World Trade Organization (WTO), published as part of Merchandise trade (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
General merchandise trade includes 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. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.