Merchandise exports by the reporting economy in Caribbean Small States
Caribbean Small States: Merchandise exports by the reporting economy was 18.12 billion current US$ in 2023. ◆ Volatile
Latest (2023)
18.12 billion current US$
Change on year
down 41.4%
Rank
44th
of 45 groups
All-time high
30.91 billion current US$
in 2022
All-time low
306.70 million current US$
in 1962
Years of data
64
1960–2023
Merchandise exports by the reporting economy in Caribbean Small States, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for merchandise exports by the reporting economy in Caribbean Small States is 18.12 billion current US$, measured in 2023.
The figure is down 41.4% on the previous year and down 26.6% over ten years.
Over the whole period, merchandise exports by the reporting economy in Caribbean Small States peaked at 30.91 billion current US$ in 2022 and was at its lowest, 306.70 million current US$, in 1962.
That places Caribbean Small States 44th out of 45 groups with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy in Caribbean Small States, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 338.60 million current US$ | — |
| 1961 | 413.80 million current US$ | +22.2% |
| 1962 | 306.70 million current US$ | -25.9% |
| 1963 | 398.51 million current US$ | +29.9% |
| 1964 | 473.20 million current US$ | +18.7% |
| 1965 | 526.58 million current US$ | +11.3% |
| 1966 | 586.47 million current US$ | +11.4% |
| 1967 | 622.24 million current US$ | +6.1% |
| 1968 | 676.58 million current US$ | +8.7% |
| 1969 | 695.69 million current US$ | +2.8% |
| 1970 | 787.27 million current US$ | +13.2% |
| 1971 | 1.06 billion current US$ | +34.4% |
| 1972 | 1.15 billion current US$ | +9.0% |
| 1973 | 1.49 billion current US$ | +29.3% |
| 1974 | 3.92 billion current US$ | +162.9% |
| 1975 | 4.80 billion current US$ | +22.7% |
| 1976 | 5.64 billion current US$ | +17.4% |
| 1977 | 5.83 billion current US$ | +3.3% |
| 1978 | 5.72 billion current US$ | -1.9% |
| 1979 | 7.00 billion current US$ | +22.5% |
| 1980 | 9.07 billion current US$ | +29.5% |
| 1981 | 10.69 billion current US$ | +17.9% |
| 1982 | 8.29 billion current US$ | -22.4% |
| 1983 | 7.01 billion current US$ | -15.5% |
| 1984 | 6.30 billion current US$ | -10.1% |
| 1985 | 5.64 billion current US$ | -10.5% |
| 1986 | 5.02 billion current US$ | -11.0% |
| 1987 | 4.99 billion current US$ | -0.5% |
| 1988 | 4.54 billion current US$ | -9.2% |
| 1989 | 5.39 billion current US$ | +18.9% |
| 1990 | 3.93 billion current US$ | -27.2% |
| 1991 | 3.69 billion current US$ | -6.1% |
| 1992 | 3.89 billion current US$ | +5.6% |
| 1993 | 4.39 billion current US$ | +12.6% |
| 1994 | 3.91 billion current US$ | -10.8% |
| 1995 | 4.49 billion current US$ | +14.7% |
| 1996 | 4.60 billion current US$ | +2.5% |
| 1997 | 4.62 billion current US$ | +0.5% |
| 1998 | 4.34 billion current US$ | -6.1% |
| 1999 | 5.31 billion current US$ | +22.4% |
| 2000 | 5.12 billion current US$ | -3.6% |
| 2001 | 5.95 billion current US$ | +16.2% |
| 2002 | 5.76 billion current US$ | -3.2% |
| 2003 | 7.05 billion current US$ | +22.5% |
| 2004 | 8.73 billion current US$ | +23.8% |
| 2005 | 11.63 billion current US$ | +33.1% |
| 2006 | 16.57 billion current US$ | +42.5% |
| 2007 | 16.41 billion current US$ | -0.9% |
| 2008 | 21.98 billion current US$ | +33.9% |
| 2009 | 12.40 billion current US$ | -43.6% |
| 2010 | 14.53 billion current US$ | +17.1% |
| 2011 | 19.10 billion current US$ | +31.5% |
| 2012 | 17.41 billion current US$ | -8.8% |
| 2013 | 24.68 billion current US$ | +41.7% |
| 2014 | 21.63 billion current US$ | -12.3% |
| 2015 | 14.69 billion current US$ | -32.1% |
| 2016 | 11.89 billion current US$ | -19.1% |
| 2017 | 13.14 billion current US$ | +10.6% |
| 2018 | 12.55 billion current US$ | -4.5% |
| 2019 | 13.42 billion current US$ | +7.0% |
| 2020 | 12.33 billion current US$ | -8.1% |
| 2021 | 17.94 billion current US$ | +45.5% |
| 2022 | 30.91 billion current US$ | +72.3% |
| 2023 | 18.12 billion current US$ | -41.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 503.84 million current US$ | 306.70 million current US$ | 695.69 million current US$ | 10 |
| 1970s | 3.74 billion current US$ | 787.27 million current US$ | 7.00 billion current US$ | 10 |
| 1980s | 6.69 billion current US$ | 4.54 billion current US$ | 10.69 billion current US$ | 10 |
| 1990s | 4.32 billion current US$ | 3.69 billion current US$ | 5.31 billion current US$ | 10 |
| 2000s | 11.16 billion current US$ | 5.12 billion current US$ | 21.98 billion current US$ | 10 |
| 2010s | 16.30 billion current US$ | 11.89 billion current US$ | 24.68 billion current US$ | 10 |
| 2020s | 19.83 billion current US$ | 12.33 billion current US$ | 30.91 billion current US$ | 4 |
Countries ranked near Caribbean Small States
- 41 Chile 94.03 billion current US$ compare
- 42 Portugal 81.53 billion current US$ compare
- 43 Finland 81.06 billion current US$ compare
- 44 Kazakhstan 78.74 billion current US$ compare
- 45 Slovenia 72.93 billion current US$ compare
- 46 Philippines 72.91 billion current US$ compare
- 47 Argentina 65.24 billion current US$ compare
More private sector data for Caribbean Small States
- Merchandise trade 70.0% (2025)
- Food imports 17.2% (2024)
- Manufactures imports 63.2% (2024)
- Merchandise imports 31.17 billion current US$ (2025)
- Food exports 13.7% (2024)
- Manufactures exports 45.4% (2024)
- Merchandise exports 30.03 billion current US$ (2025)
- Merchandise exports (current US$), per capita 6,590 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3156 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -3.4 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy in Caribbean Small States?
- Merchandise exports by the reporting economy in Caribbean Small States was 18.12 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy recorded in Caribbean Small States?
- The highest recorded value was 30.91 billion current US$ in 2022.
- What is the lowest merchandise exports by the reporting economy recorded in Caribbean Small States?
- The lowest recorded value was 306.70 million current US$ in 1962.
- How does Caribbean Small States rank for merchandise exports by the reporting economy?
- Caribbean Small States ranks 44th out of 45 groups with data for 2023.
- Is merchandise exports by the reporting economy rising or falling in Caribbean Small States?
- Over the last ten years it is down 26.6%. The long-run trend across the full record is volatile.
- Where does this Caribbean Small States data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.