United States: Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
In , United States's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) was 19.19.
That's up 8.0% from 2022, the highest value on record.
The global average for this indicator in 2023 was 5.08 . United States ranks #15 globally out of 199 reporting countries. Within North America, it ranks #1 of 3.
Source: World Bank Open Data (TM.VAL.MRCH.R3.ZS) • Data as of 2023
Trend (2004–2023)
- 2008 · Global financial crisis
- 2020 · COVID-19 pandemic
- 2014 · Oil price collapse
- 2022 · Russia–Ukraine war begins
Highlights
- Peak
- 19.19
- Trough
- 14.16
- 1-year change
- +8.0%
- 5-year change
- +11.7%
- +2.2% / yr
- 10-year change
- +12.3%
- +1.2% / yr
Historical Data — Last 10 Years
| Year | Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) |
|---|---|
| 19.1907 | |
| 17.7726 | |
| 16.9504 | |
| 17.1118 | |
| 17.9499 | |
| 17.1730 | |
| 17.1015 | |
| 17.2232 | |
| 16.9152 | |
| 16.8873 |
About Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Indicator code: TM.VAL.MRCH.R3.ZS • Category: Trade & Finance
Frequently asked questions
- What was United States's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in 2023?
- In 2023, United States's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) was 19.19, according to World Bank Open Data.
- Is United States's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) rising or falling?
- United States's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) rose 8.0% from 2022 to 2023.
- How does United States rank globally on Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)?
- In 2023, United States ranked #15 out of 199 countries reporting Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports).
- How does United States's Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) compare to the world average?
- The global average for Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) in 2023 was 5.08, so United States is above the world average. Within North America, it ranks #1 of 3.
- What is Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) and how is it measured?
- Merchandise imports from low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Latin America and the Caribbean region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Source: World Bank Open Data (TM.VAL.MRCH.R3.ZS), CC BY 4.0.