High-technology exports — all countries

High-technology exports — Latin America & Caribbean

High-technology exports in Latin America & Caribbean in 2023 — 100,315,363,934 US$. Since 2010, the indicator has risen by 56.1%.

2023 100B US$ −5.38% vs 2022
World rank
Period maximum 106B US$2022
Period minimum 64.27B US$2010

Trend over time

2010–2023 · US$

High-technology exports — Latin America & Caribbean, 2010–202360B80B100B120B201020122014201620182020202220232010: 64,274,151,183 US$2011: 68,045,866,037 US$2012: 73,967,703,535 US$2013: 75,340,795,949 US$2014: 77,110,035,978 US$2015: 74,872,878,683 US$2016: 78,222,524,651 US$2017: 85,914,874,207 US$2018: 90,492,813,110 US$2019: 89,189,411,087 US$2020: 82,164,456,346 US$2021: 87,375,618,831 US$2022: 106,017,445,262 US$2023: 100,315,363,934 US$
Change over the period: +36.04B (+56.07%) Average annual rate: 3.48 %

Comparison, 2023

How the value compares with the world and the groups this territory belongs to: Latin America & Caribbean

Latin America & Caribbean 100B US$
World 3.58T US$
High-technology exports — Latin America & Caribbean, by year Latin America & Caribbean All countries CSV XLSX
Year US$ Change Change, %
2023 100B −5.7B −5.38%
2022 106B +18.64B +21.34%
2021 87.38B +5.21B +6.34%
2020 82.16B −7.02B −7.88%
2019 89.19B −1.3B −1.44%
2018 90.49B +4.58B +5.33%
2017 85.91B +7.69B +9.83%
2016 78.22B +3.35B +4.47%
2015 74.87B −2.24B −2.9%
2014 77.11B +1.77B +2.35%
2013 75.34B +1.37B +1.86%
2012 73.97B +5.92B +8.7%
2011 68.05B +3.77B +5.87%
2010 64.27B

About the indicator

Exports of research-intensive products: aerospace equipment, computers, pharmaceuticals, scientific instruments, electrical machinery. The classification rests on the share of research spending in the value of an industry's output rather than on the sophistication of the item — which is why pharmaceuticals make the list and, say, automobile manufacturing does not.

Important: It is measured by the value of the goods crossing the border, not by the value added inside the country. For countries that assemble electronics from imported parts the figure is well above their actual contribution.

Source: World Development Indicators (World Bank), license CC BY 4.0.