This study explores the capacity of Latin America in the generation of scientific knowledge and its visibility at the global level. The novelty of the contribution lies in the decomposition of leadership, plus its combination with the results of performance indicators. We compare the normalized citation of all output against the leading output, as well as scientific excellence (Chinchilla, et al. 2016a; 2016b), technological impact and the trends in collaboration types and normalized citation. The main goal is to determine to what extent the main Latin American producers of scientific output depend on collaboration to heighten research performance in terms of citation; or to the contrary, whether there is enough autonomy and capacity to leverage its competitiveness through the design of research and development agendas. To the best of our knowledge, this is the first study adopting this approach at the country level within the field of N&N.