Net Exports (National Accounts)

Net exports, in national accounts, are defined as the difference between the value of exports and imports of goods and services, published by the Inter-American Development Bank (IDB) Latin Macro Watch for Latin America and the Caribbean. This measure captures the net external demand for a country's production and represents the direct contribution of international trade to GDP, making it a key input for growth-accounting and external-balance analysis.

Coverage

The series spans 18 countries in Latin America and the Caribbean at annual and quarterly frequency, covering 1990 to 2026. Values are expressed in millions of domestic currency and millions of USD. Available transformations include quarter-over-quarter (QoQ %) and year-over-year (YoY %) growth rates.

Sources

Data are drawn from national statistical offices and central banks, including the Banco Central de Chile and the Bahamas National Statistical Institute, with most country series built from internal calculations based on the underlying national-accounts data (for example INEGI - Mexico, INDEC - Argentina, and the Instituto de Pesquisa Econômica Aplicada). All series are standardized within Latin Macro Watch for cross-country comparability.

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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 Net Exports (National Accounts) measure? It measures the difference between a country's exports and imports of goods and services, capturing net external demand and the direct contribution of international trade to GDP. How many countries and which time period are covered? The indicator covers 18 countries across Latin America and the Caribbean over the period 1990-2026, at annual and quarterly frequency. What units and transformations are available? Values are expressed in millions of domestic currency and millions of USD, with quarter-over-quarter (QoQ %) and year-over-year (YoY %) growth-rate transformations. Where does the data come from? The data are drawn from national statistical offices and central banks such as the Banco Central de Chile and the Bahamas National Statistical Institute, with most series built from internal calculations on the underlying national-accounts data and standardized within Latin Macro Watch. What is this indicator typically used for? It is used to assess the trade contribution to GDP, monitor external balances, and support growth-accounting and macroeconomic research across the region. How do I cite this indicator? Cite it as: Inter-American Development Bank (IDB), Latin Macro Watch — "Net Exports (National Accounts)". data.iadb.org/dataset/latin-macro-watch-dataset.