Ores and metals imports in Latin America & the Caribbean (IDA & IBRD countries)

Latin America & the Caribbean (IDA & IBRD countries): Ores and metals imports was 2.3% in 2024. ▼ Falling

Latest (2024)
2.3%
Change on year
up 5.1%
All-time high
4.4%
in 1966
All-time low
1.9%
in 2001
Years of data
61
1962–2024

Ores and metals imports in Latin America & the Caribbean (IDA & IBRD countries), 1962–2024

01234196219932024

Source: Comtrade database, United Nations (UN), publisher: UN Statistics Division. Measured in % of merchandise imports.

Analysis

In 2024, ores and metals imports in Latin America & the Caribbean (IDA & IBRD countries) stood at 2.3%.

The figure is up 5.1% on the previous year and up 14.6% over ten years.

Over the whole period, ores and metals imports in Latin America & the Caribbean (IDA & IBRD countries) peaked at 4.4% in 1966 and was at its lowest, 1.9%, in 2001.

The long-run direction has been consistently falling across the 61 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1960s 3.8% 3.1% 4.4% 8
1970s 3.7% 3.3% 4.4% 10
1980s 3.3% 2.6% 3.9% 8
1990s 2.4% 1.9% 3.4% 10
2000s 2.4% 1.9% 3.0% 10
2010s 2.2% 2.0% 2.6% 10
2020s 2.4% 2.2% 2.7% 5

More energy & mining data for Latin America & the Caribbean (IDA & IBRD countries)

All data for Latin America & the Caribbean (IDA & IBRD countries) →

Frequently asked questions

What is ores and metals imports in Latin America & the Caribbean (IDA & IBRD countries)?
Ores and metals imports in Latin America & the Caribbean (IDA & IBRD countries) was 2.3% in 2024, according to Comtrade database, United Nations (UN), publisher: UN Statistics Division.
What is the highest ores and metals imports recorded in Latin America & the Caribbean (IDA & IBRD countries)?
The highest recorded value was 4.4% in 1966.
What is the lowest ores and metals imports recorded in Latin America & the Caribbean (IDA & IBRD countries)?
The lowest recorded value was 1.9% in 2001.
Is ores and metals imports rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
Over the last ten years it is up 14.6%. The long-run trend across the full record is falling.
Where does this Latin America & the Caribbean (IDA & IBRD countries) data come from?
The figures come from Comtrade database, United Nations (UN), publisher: UN Statistics Division, published as part of Ores and metals imports (% of merchandise imports). Statizoid updates them automatically from the source API.

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About this data

Indicator
Ores and metals imports (% of merchandise imports)
Unit
% of merchandise imports
Source
Comtrade database, United Nations (UN), publisher: UN Statistics Division
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
243 places, 9,983 data points, 1962–2025
Last refreshed

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). Imports of services are services provided by non-residents to residents. This indicator is expressed as a percentage of merchandise imports which is comprised of goods whose economic ownership is changed between a non-resident and a 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.