Ores and metals exports in Latin America & Caribbean
Latin America & Caribbean: Ores and metals exports was 10.4% in 2024. ▼ Falling
Ores and metals exports in Latin America & Caribbean, 1962–2024
Source: Comtrade database, United Nations (UN), publisher: UN Statistics Division. Measured in % of merchandise exports.
Analysis
In 2024, ores and metals exports in Latin America & Caribbean stood at 10.4%.
The figure is down 5.2% on the previous year and down 2.0% over ten years.
Over the whole period, ores and metals exports in Latin America & Caribbean peaked at 23.5% in 1963 and was at its lowest, 7.1%, in 2001.
The long-run direction has been consistently falling across the 61 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 19.9% | 18.5% | 23.5% | 8 |
| 1970s | 15.4% | 11.9% | 18.0% | 10 |
| 1980s | 10.5% | 9.9% | 11.8% | 8 |
| 1990s | 9.2% | 7.9% | 11.9% | 10 |
| 2000s | 8.9% | 7.1% | 11.2% | 10 |
| 2010s | 10.7% | 9.5% | 12.6% | 10 |
| 2020s | 11.4% | 10.4% | 13.5% | 5 |
More energy & mining data for Latin America & Caribbean
- Ores and metals imports 2.3% (2024)
- Fuel imports 10.9% (2024)
- Fuel exports 9.8% (2024)
- Electric power transmission and distribution losses 13.6% (2024)
- Mineral rents 3.6% (2021)
- Natural gas rents 0.1% (2021)
- Total natural resources rents 6.1% (2021)
- Alternative and nuclear energy 12.8% (2024)
- Electric power consumption 2,804 kWh per capita (2024)
- Combustible renewables and waste 28.3% (2024)
Frequently asked questions
- What is ores and metals exports in Latin America & Caribbean?
- Ores and metals exports in Latin America & Caribbean was 10.4% in 2024, according to Comtrade database, United Nations (UN), publisher: UN Statistics Division.
- What is the highest ores and metals exports recorded in Latin America & Caribbean?
- The highest recorded value was 23.5% in 1963.
- What is the lowest ores and metals exports recorded in Latin America & Caribbean?
- The lowest recorded value was 7.1% in 2001.
- Is ores and metals exports rising or falling in Latin America & Caribbean?
- Over the last ten years it is down 2.0%. The long-run trend across the full record is falling.
- 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 Ores and metals 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
Ores and metals comprise the commodities in SITC (Rev. 3) sections 27 (crude fertilizer, minerals nes); 28 (metalliferous ores, scrap); and 68 (non-ferrous metals). Exports of services are services provided by residents to non-residents. 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.