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

Ores and metals exports (% of merchandise exports) — South America

Ores and metals exports (% of merchandise exports) in South America in 2024 — 19.52%. Since 1962, the indicator has risen by 5.58 pp.

2024 19.52% +0.68 pp vs 2023
World rank
Period maximum 24.12%2021
Period minimum 9.64%1981

Trend over time

1962–2024 · % of merchandise exports

Ores and metals exports (% of merchandise exports) — South America, 1962–202451015202519621969197619831990199720042011201820241962: 13.94%1963: 13.38%1964: 15.31%1965: 16.53%1966: 17.9%1967: 17.63%1968: 18.32%1969: 19.33%1970: 20.17%1971: 17.07%1972: 14.53%1973: 14.58%1974: 14.93%1975: 12.75%1976: 13.01%1977: 11.88%1978: 11.58%1979: 13.87%1980: 12.6%1981: 9.64%1982: 11.33%1983: 11.64%1984: 10.05%1985: 11.67%1986: 12.03%1987: 12.54%1992: 13.73%1993: 11.54%1994: 11.61%1995: 13.31%1996: 11.97%1997: 12.07%1998: 11.82%1999: 11.96%2000: 11.44%2001: 10.55%2002: 10.9%2003: 10.87%2004: 13.68%2005: 14.42%2006: 17.99%2007: 21.75%2008: 15.23%2009: 16.11%2010: 19.8%2011: 19.11%2012: 16.6%2013: 16.73%2014: 18.5%2015: 17.11%2016: 17.7%2017: 19.37%2018: 18.59%2019: 18.63%2020: 21.24%2021: 24.12%2022: 17.06%2023: 18.84%2024: 19.52%
Change over the period: +5.58 pp Annual average: 0.09 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: South America

South America 19.52%
World 4.02%
Ores and metals exports (% of merchandise exports) — South America, by year South America All countries CSV XLSX
Year % Change, pp
2024 19.52 +0.68 pp
2023 18.84 +1.78 pp
2022 17.06 −7.07 pp
2021 24.12 +2.88 pp
2020 21.24 +2.61 pp
2019 18.63 +0.04 pp
2018 18.59 −0.78 pp
2017 19.37 +1.67 pp
2016 17.7 +0.58 pp
2015 17.11 −1.39 pp
2014 18.5 +1.77 pp
2013 16.73 +0.12 pp
2012 16.6 −2.51 pp
2011 19.11 −0.69 pp
2010 19.8 +3.69 pp
2009 16.11 +0.88 pp
2008 15.23 −6.52 pp
2007 21.75 +3.75 pp
2006 17.99 +3.57 pp
2005 14.42 +0.74 pp
2004 13.68 +2.81 pp
2003 10.87 −0.03 pp
2002 10.9 +0.35 pp
2001 10.55 −0.89 pp
2000 11.44 −0.52 pp
1999 11.96 +0.14 pp
1998 11.82 −0.25 pp
1997 12.07 +0.1 pp
1996 11.97 −1.34 pp
1995 13.31 +1.7 pp
1994 11.61 +0.07 pp
1993 11.54 −2.19 pp
1992 13.73
1987 12.54 +0.5 pp
1986 12.03 +0.37 pp
1985 11.67 +1.62 pp
1984 10.05 −1.59 pp
1983 11.64 +0.31 pp
1982 11.33 +1.69 pp
1981 9.64 −2.96 pp
1980 12.6 −1.27 pp
1979 13.87 +2.29 pp
1978 11.58 −0.3 pp
1977 11.88 −1.13 pp
1976 13.01 +0.26 pp
1975 12.75 −2.18 pp
1974 14.93 +0.35 pp
1973 14.58 +0.05 pp
1972 14.53 −2.53 pp
1971 17.07 −3.11 pp
1970 20.17 +0.85 pp
1969 19.33 +1.01 pp
1968 18.32 +0.69 pp
1967 17.63 −0.27 pp
1966 17.9 +1.36 pp
1965 16.53 +1.23 pp
1964 15.31 +1.93 pp
1963 13.38 −0.56 pp
1962 13.94

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.