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Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
Trade & Finance
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.
World Bank code: TM.VAL.MRCH.R3.ZS
• Data available for 205 countries • Latest year: 2023
In ,
Nicaragua
led Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) at 50.79.
The world median across 199 reporting countries was
1.84.
What this measures:
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.
How "Trade & Finance" indicators are measured
Trade and finance indicators are sourced from customs declarations, balance-of-payments statistics, and central bank reporting. Exports and imports are usually reported FOB (free on board) for exports and CIF (cost, insurance, freight) for imports, which means global exports and global imports rarely sum to zero. Foreign direct investment data can be volatile year-over-year because of one-off cross-border acquisitions.
Distribution — 2023
Reporting
199 countries
Median
1.84
Mean
5.08
25th percentile
0.74
75th percentile
3.83
Range
0.00 – 50.79
World at a Glance — 2023
Every reporting country, grouped by region, shaded by value (quintile).
Lighter = lower value · Darker = higher value. Hover a cell to see the country and value.
Highest Values — 2023
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Country
Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
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