Merchandise trade in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Merchandise trade was 44.2% in 2025. ▲ Rising
Merchandise trade in Latin America & the Caribbean (IDA & IBRD countries), 1960–2025
Source: World Trade Organization (WTO). Measured in % of GDP.
Analysis
The most recent figure for merchandise trade in Latin America & the Caribbean (IDA & IBRD countries) is 44.2%, measured in 2025.
Compared with earlier readings it is up 1.7% on the previous year and up 16.3% over ten years.
Over the whole period, merchandise trade in Latin America & the Caribbean (IDA & IBRD countries) peaked at 50.1% in 2022 and was at its lowest, 18.0%, in 1971.
The long-run direction has been consistently rising across the 66 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 19.6% | 18.2% | 22.7% | 10 |
| 1970s | 20.9% | 18.0% | 24.3% | 10 |
| 1980s | 24.3% | 22.1% | 26.8% | 10 |
| 1990s | 25.8% | 23.2% | 31.1% | 10 |
| 2000s | 37.3% | 32.9% | 40.4% | 10 |
| 2010s | 37.3% | 33.8% | 40.9% | 10 |
| 2020s | 45.1% | 42.2% | 50.1% | 6 |
More private sector data for Latin America & the Caribbean (IDA & IBRD countries)
- Merchandise exports 1.55 trillion current US$ (2025)
- Manufactures exports 56.4% (2025)
- Food exports 19.7% (2025)
- Merchandise imports 1.57 trillion current US$ (2025)
- Manufactures imports 73.2% (2024)
- Food imports 9.0% (2024)
- Commercial service exports 276.49 billion current US$ (2025)
- Transport services 30.8% (2025)
- Computer, communications and other services 36.0% (2025)
- Commercial service imports 349.90 billion current US$ (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is merchandise trade in Latin America & the Caribbean (IDA & IBRD countries)?
- Merchandise trade in Latin America & the Caribbean (IDA & IBRD countries) was 44.2% in 2025, according to World Trade Organization (WTO).
- What is the highest merchandise trade recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 50.1% in 2022.
- What is the lowest merchandise trade recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 18.0% in 1971.
- Is merchandise trade rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 16.3%. The long-run trend across the full record is rising.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) 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.