Exports of Goods and Services (BOP)

Exports of Goods and Services (Balance of Payments) measure the total value of goods and services provided by residents to non-residents, recorded when a change in ownership occurs. Goods are typically measured on a FOB (free-on-board) basis and must physically cross borders, while services include items such as travel, transport and business services. As a current-account component of the balance of payments, this indicator captures actual cross-border transactions and is a core gauge of a country's external competitiveness and trade openness across Latin America and the Caribbean. It is published in the Latin Macro Watch dataset by the Inter-American Development Bank (IDB).

Coverage

Data cover 24 countries across Latin America and the Caribbean at annual, monthly and quarterly frequency, spanning 1991 to 2026. Values are available in millions of USD, as a percentage of GDP, year-to-date (YTD), on a fiscal-year (Q4–Q3) aggregation and seasonally adjusted, with moving-average (MA3, MA6, MA12) and growth-rate (MoM %, QoQ %, YoY %) transformations.

Sources

Figures are compiled by the IDB from national authorities, including Banco Central do Brasil, Banco de Mexico (Banxico), Banco Central de Chile, Banco de la República de Colombia, INDEC - Argentina and Central Bank of The Bahamas, among others.

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Format	CSV
Language	en
Country	Argentina Bahamas Trinidad & Tobago Belize Costa Rica Dominican Republic Ecuador Bolivia Brazil Chile Colombia El Salvador Jamaica Mexico Nicaragua Guatemala Guyana Haiti Honduras Panama Uruguay Venezuela Barbados Paraguay Peru Suriname
Data notes	What does Exports of Goods and Services (BOP) measure? It measures the total value of goods and services that residents provide to non-residents, recorded when ownership changes. Goods are valued FOB and must cross borders, while services include travel, transport and business services. It is a current-account component of the balance of payments. How many countries and which time period are covered? The indicator covers 24 countries across Latin America and the Caribbean, spanning 1991 to 2026 at annual, monthly and quarterly frequency. What units and transformations are available? Values are provided in millions of USD, as a percentage of GDP, year-to-date, on a fiscal-year (Q4–Q3) aggregation and seasonally adjusted, with moving averages (MA3, MA6, MA12) and growth rates (MoM %, QoQ %, YoY %). Where does the data come from? The IDB compiles the series from national authorities, such as Banco Central do Brasil, Banco de Mexico (Banxico), Banco Central de Chile, Banco de la República de Colombia and INDEC - Argentina. What is this indicator typically used for? Economists, policymakers and researchers use it to assess external competitiveness, trade openness and current-account dynamics, and to compare export performance across Latin American and Caribbean economies. How do I cite this indicator? Cite it as: Inter-American Development Bank (IDB), Latin Macro Watch — "Exports of Goods and Services (BOP)." data.iadb.org/dataset/latin-macro-watch-dataset.