Latin America & Caribbean | Merchandise exports (current US$)
Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in current U.S. dollars. Limitations and exceptions: Exports are recorded as the cost of the goods delivered to the frontier of the exporting country for shipment - the free on board (f.o.b.) value. Countries may report trade according to the general or special system of trade. Under the general system exports comprise outward-moving goods that are (a) goods wholly or partly produced in the country; (b) foreign goods, neither transformed nor declared for domestic consumption in the country, that move outward from customs storage; and (c) goods previously included as imports for domestic consumption but subsequently exported without transformation. Under the special system exports comprise categories a and c. In some compilations categories b and c are classified as re-exports. Because of differences in reporting practices, data on exports may not be fully comparable across economies. Data on exports of goods are derived from the same sources as data on imports. In principle, world exports and imports should be identical. Similarly, exports from an economy should equal the sum of imports by the rest of the world from that economy. But differences in timing and definitions result in discrepancies in reported values at all levels. Statistical concept and methodology: Merchandise trade data are from customs reports of goods moving into or out of an economy or from reports of financial transactions related to merchandise trade recorded in the balance of payments. Because of differences in timing and definitions, trade flow estimates from customs reports and balance of payments may differ. Several international agencies process trade data, each correcting unreported or misreported data, leading to other differences. The data on total exports of goods (merchandise) are from the World Trade Organization (WTO), which obtains data from national statistical offices and the IMF's International Financial Statistics, supplemented by the Comtrade database and publications or databases of regional organizations, specialized agencies, economic groups, and private sources (such as Eurostat, the Food and Agriculture Organization, and country reports of the Economist Intelligence Unit). Country websites and email contact have improved collection of up-to-date statistics, reducing the proportion of estimates. The WTO database now covers most major traders in Africa, Asia, and Latin America, which together with high-income countries account for nearly 95 percent of world trade. Reliability of data for countries in Europe and Central Asia has also improved.
Publisher
The World Bank
Origin
Latin America & Caribbean
Records
63
Source
Latin America & Caribbean | Merchandise exports (current US$)
1960 9783039616.6501
1961 9957736752.6617
1962 10400949856.987
1963 11008076323.497
1964 12041161856.208
1965 12528588433.228
1966 13099099174.484
1967 13836772798.34
1968 14178621210.55
1969 15858746845.326
1970 17931405041.757
1971 17704943948.495
1972 20097882833.969
1973 29282497745.001
1974 47748782321.322
1975 46175416916.226
1976 52752494096.265
1977 61546733217.959
1978 66163304362.039
1979 86608427539.01
1980 114655094746.49
1981 124534190343.53
1982 111849133962.35
1983 112079908600.25
1984 123446098709.71
1985 116930489540.7
1986 100988706961.18
1987 112758756520.33
1988 130192832493.09
1989 144781958769.33
1990 155015800174.81
1991 153930213079.55
1992 162332463149.53
1993 173260562836.39
1994 202821519876.27
1995 247025505232.88
1996 278962464217.11
1997 311202352668.84
1998 306468675473.91
1999 327237131670.75
2000 394390449782
2001 378071068006.36
2002 383052694587.49
2003 419915222030.76
2004 517994296846.85
2005 631299620057.64
2006 753191703105.33
2007 846527894007.63
2008 976370913617.33
2009 757908798874.77
2010 958593412833.61
2011 1194135596695.6
2012 1204319952140.7
2013 1193690879123.3
2014 1161234033931.4
2015 987830679837.29
2016 952215784275.01
2017 1065823801544.7
2018 1159582234995.9
2019 1130243960030.2
2020 1023932285385.8
2021 1302770805432.4
2022 1522924688264
Latin America & Caribbean | Merchandise exports (current US$)
Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in current U.S. dollars. Limitations and exceptions: Exports are recorded as the cost of the goods delivered to the frontier of the exporting country for shipment - the free on board (f.o.b.) value. Countries may report trade according to the general or special system of trade. Under the general system exports comprise outward-moving goods that are (a) goods wholly or partly produced in the country; (b) foreign goods, neither transformed nor declared for domestic consumption in the country, that move outward from customs storage; and (c) goods previously included as imports for domestic consumption but subsequently exported without transformation. Under the special system exports comprise categories a and c. In some compilations categories b and c are classified as re-exports. Because of differences in reporting practices, data on exports may not be fully comparable across economies. Data on exports of goods are derived from the same sources as data on imports. In principle, world exports and imports should be identical. Similarly, exports from an economy should equal the sum of imports by the rest of the world from that economy. But differences in timing and definitions result in discrepancies in reported values at all levels. Statistical concept and methodology: Merchandise trade data are from customs reports of goods moving into or out of an economy or from reports of financial transactions related to merchandise trade recorded in the balance of payments. Because of differences in timing and definitions, trade flow estimates from customs reports and balance of payments may differ. Several international agencies process trade data, each correcting unreported or misreported data, leading to other differences. The data on total exports of goods (merchandise) are from the World Trade Organization (WTO), which obtains data from national statistical offices and the IMF's International Financial Statistics, supplemented by the Comtrade database and publications or databases of regional organizations, specialized agencies, economic groups, and private sources (such as Eurostat, the Food and Agriculture Organization, and country reports of the Economist Intelligence Unit). Country websites and email contact have improved collection of up-to-date statistics, reducing the proportion of estimates. The WTO database now covers most major traders in Africa, Asia, and Latin America, which together with high-income countries account for nearly 95 percent of world trade. Reliability of data for countries in Europe and Central Asia has also improved.
Publisher
The World Bank
Origin
Latin America & Caribbean
Records
63
Source