Ores and metals exports (% of merchandise exports) — all countries

Ores and metals exports (% of merchandise exports) — Latin America & Caribbean

Ores and metals exports (% of merchandise exports) in Latin America & Caribbean in 2024 — 10.43%. Since 1962, the indicator has fallen by 10.55 pp.

2024 10.43% −0.57 pp vs 2023
World rank
Period maximum 23.53%1963
Period minimum 7.08%2001

Trend over time

1962–2024 · % of merchandise exports

Ores and metals exports (% of merchandise exports) — Latin America & Caribbean, 1962–2024010203019621969197619831990199720042011201820241962: 20.97%1964: 19.27%1966: 18.58%1968: 20.12%1970: 17.91%1972: 14.94%1974: 17.99%1976: 15.31%1978: 12.43%1980: 11.82%1982: 10.42%1984: 9.88%1986: 10.23%1990: 11.94%1992: 10.14%1994: 8.43%1996: 8.28%1998: 8.07%2000: 8.02%2002: 7.17%2004: 8.59%2006: 10.31%2008: 10.19%2010: 11.94%2012: 11.26%2014: 10.64%2016: 9.77%2018: 10.02%2020: 11.64%2022: 10.61%2024: 10.43%
Change over the period: −10.55 pp Annual average: -0.17 pp

Comparison, 2024

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

Latin America & Caribbean 10.43%
World 4.02%
Ores and metals exports (% of merchandise exports) — Latin America & Caribbean, by year Latin America & Caribbean All countries CSV XLSX
Year % Change, pp
2024 10.43 −0.57 pp
2023 11 +0.39 pp
2022 10.61 −2.88 pp
2021 13.49 +1.85 pp
2020 11.64 +1.41 pp
2019 10.23 +0.21 pp
2018 10.02 −0.38 pp
2017 10.4 +0.63 pp
2016 9.77 +0.23 pp
2015 9.54 −1.1 pp
2014 10.64 −0.42 pp
2013 11.06 −0.21 pp
2012 11.26 −1.3 pp
2011 12.57 +0.63 pp
2010 11.94 +2.02 pp
2009 9.91 −0.28 pp
2008 10.19 −1.03 pp
2007 11.22 +0.91 pp
2006 10.31 +1.23 pp
2005 9.08 +0.5 pp
2004 8.59 +1.48 pp
2003 7.11 −0.07 pp
2002 7.17 +0.09 pp
2001 7.08 −0.94 pp
2000 8.02 +0.08 pp
1999 7.94 −0.13 pp
1998 8.07 −0.17 pp
1997 8.25 −0.03 pp
1996 8.28 −0.88 pp
1995 9.16 +0.73 pp
1994 8.43 −0.38 pp
1993 8.81 −1.34 pp
1992 10.14 −0.38 pp
1991 10.52 −1.42 pp
1990 11.94
1987 10.62 +0.39 pp
1986 10.23 +0.08 pp
1985 10.15 +0.27 pp
1984 9.88 −0.84 pp
1983 10.71 +0.3 pp
1982 10.42 −0.12 pp
1981 10.54 −1.28 pp
1980 11.82 −0.08 pp
1979 11.9 −0.53 pp
1978 12.43 −1.19 pp
1977 13.61 −1.7 pp
1976 15.31 −1.1 pp
1975 16.41 −1.58 pp
1974 17.99 +0.95 pp
1973 17.05 +2.1 pp
1972 14.94 −1.66 pp
1971 16.6 −1.31 pp
1970 17.91 −0.63 pp
1969 18.54 −1.57 pp
1968 20.12 +1.2 pp
1967 18.92 +0.34 pp
1966 18.58 −0.33 pp
1965 18.9 −0.37 pp
1964 19.27 −4.26 pp
1963 23.53 +2.56 pp
1962 20.97

About the indicator

The share of ores, concentrates, non-ferrous and ferrous metals in merchandise exports. This is the second measure of commodity dependence after fuel, and the difference between them is meaningful: fuel is burned while metal stays in circulation, so a metallurgical specialization is more robust than an oil one to the shift to renewable energy — and demand for copper, lithium and nickel is exactly what that shift raises.

Important: Ores and metals together, with no split between raw material and processing: a country exporting concentrate and a country exporting rolled steel look the same by this indicator.

Source: UNCTADstat (UNCTAD), license CC BY 3.0 IGO.