Fastest-Growing South American Export Countries

Colombia store products on display

Colombian store products

The following analysis highlights South America’s fastest-growing export countries and is based on data for 2014. For more recent research statistics, please see the main article Top South American Export Countries.

Overall, the average increase in the total value of all South American shipments was 14.5% from 2010 to 2014.

Bolivia, Paraguay and Ecuador posted the highest export increases, while Suriname was the laggard recording a 5.3% value decline over the 5-year period.

Fastest-Growing South American Export Countries

Listed below in descending order are the fastest-growing South American export countries. Shown within parentheses is the percentage increase in a country’s global exports from 2010 to 2014.

 Exporters% Value Change from 20102014 Exports
1.Bolivia84.6%$12.9 billion
2. Paraguay48.4%$9.7 billion
3. Ecuador47.1%$25.7 billion
4. Colombia37.6%$54.8 billion
5. Uruguay36.3%$9.2 billion
6. Guyana27.4%$1.1 billion
7. Brazil14.1%$225.1 billion
8. Peru9.2%$38.5 billion
9. Chile7.8%$76.6 billion
10. Venezuela5.3%$70.5 billion
11. Falkland Islands (Malvinas)5.2%$197.2 million
12. Argentina0.2%$68.3 billion
13. Suriname-5.3%$1.9 billion

 
Bolivia’s top exports are petroleum gases, zinc and gold. Paraguay’s most valuable international sales are for soyabeans, electrical energy and frozen beef. Leading Ecuadorian export products are crude oil, crabs, lobsters, shrimp and bananas.

At the bottom of the growth report card, Suriname is a small sovereign state of 573,311 people on the northeast coast of South America. Top Surinamese exports are processed petroleum, rice and timber.

Research Sources:
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on June 23, 2015

The World Factbook, Field Listing: Exports, Central Intelligence Agency. Accessed on June 23, 2015

Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on September 18, 2015

Wikipedia, List of South American countries by population. Accessed on June 23, 2015