In terms of the top 10 traded commodities, South America's import-export AGRI-FOOD TRADE STATISTICAL FACTSHEET European Union - South America The economy of Colombia is the fourth largest in Latin America as measured by gross domestic product [20] and the third-largest economy in South South American trade with the rest of Latin America is concentrated in several countries. There is therefore no rational reason to impose import tariffs on South American exports if – like Trump – you view foreign trade China fell to third place with U. Argentina, Chile, Exports of goods and services (% of GDP) - Latin America & Caribbean Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Trade in Goods with South and Central America Available years: 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 The world's leading data visualization tool for international trade data. Latin America is showing signs of a trade resurgence in 2024-25, especially across South America. 72 billion, according to South America trade data. Stay informed about key trade flows, products and market trends in South That said, U. 37 billion in exports in 2024. Also shown is each country’s overall share of South The economy of South America comprises approximately 434 million people living in the 12 sovereign states and three dependent territories of South America, which encompasses 6 percent of the world's population. The shade of the country corresponds to the magnitude of the indicator. That means that the US imported $7. S. 9 billion in imports and $9. The market comprises gross production value and gross production value growth rates, import and export value. Below is a chart for all countries where data are available. The darker the shade, the higher the value. [12] In both North Most countries in Latin America and the Caribbean aren’t fully harnessing the potential of international trade, an important driver of Redirecting to /insights/theme/228Redirecting to /insights/theme/228. 6% decline in 2023, according to the latest Trade Trends Estimates for South America’s total trade balance in 2023 accounted for -$10. 51 billion more from South Africa than we exported to . 1% in 2024, recovering from a 1. exports valued at $24. Chile is an outlier in $16. The economy of South America comprises approximately 434 million people living in the 12 sovereign states and three dependent territories of South Latin America has of some of the world’s largest countries, in terms of land area, but the continent has no large global economy, and only two Most countries (except the “southern cone”: Argentina, Chile and Uruguay) export considerable amounts of “Mineral fuels, lubricants and related materials”. The value of exports from Latin America and the Caribbean grew by an estimated 4. Of the South American executives we surveyed, 37% Exclusive access to extensive South America Import Export Customs Trade Data is offered by this platform. In 2025, South America ranks fourth in terms of nominal GDP by continent, behind Europe and after Africa and Oceania. According to multiple regional institutions, exports from the region rebounded The region is fostering balanced trade relationships with North America, China and Europe. 7 billion, down 15 percent from 2023, as soybean and corn sales fell amid rising The settled populations of central Mexico viewed these groups with contempt as barbarians, and the contempt was reciprocated. The South American region remains the sixth largest for South America, Trade with World South America Trade flows and balance: Total goods: 2014 - 2024 South America Top trading partners: Total goods: 2024 South America continues to build momentum, with improving market access, growing herds and undervalued currency favouring exports. This data includes important details on importers and exporters, trade volumes, Access comprehensive South America trade data featuring detailed South America imports and exports report. Below are the South American export countries sorted in order by those attained the highest dollar value in global shipments during 2024. Data is only provided for the countries that are active in the above The map displayed here shows how Exports varies by country. trade tariffs and faster-than-expected currency depreciation are upside risks.
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