Merchandise exports by the reporting economy (current US$) in Small states
Small states: Merchandise exports by the reporting economy (current US$) was 76.36 billion current US$ in 2023. ◆ Volatile
Latest (2023)
76.36 billion current US$
Change on year
down 22.0%
Rank
44th
of 47 groups
All-time high
97.95 billion current US$
in 2022
All-time low
519.70 million current US$
in 1960
Years of data
64
1960–2023
Merchandise exports by the reporting economy in Small states, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2023, merchandise exports by the reporting economy in Small states stood at 76.36 billion current US$.
That represents a change of down 22.0% on the previous year and up 3.6% over ten years.
Over the whole period, merchandise exports by the reporting economy in Small states peaked at 97.95 billion current US$ in 2022 and was at its lowest, 519.70 million current US$, in 1960.
That places Small states 44th out of 47 groups with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy (current US$) in Small states, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 519.70 million current US$ | — |
| 1961 | 590.40 million current US$ | +13.6% |
| 1962 | 532.60 million current US$ | -9.8% |
| 1963 | 679.31 million current US$ | +27.5% |
| 1964 | 787.77 million current US$ | +16.0% |
| 1965 | 847.69 million current US$ | +7.6% |
| 1966 | 928.58 million current US$ | +9.5% |
| 1967 | 939.33 million current US$ | +1.2% |
| 1968 | 1.07 billion current US$ | +14.0% |
| 1969 | 1.15 billion current US$ | +7.1% |
| 1970 | 1.21 billion current US$ | +5.5% |
| 1971 | 1.60 billion current US$ | +32.0% |
| 1972 | 1.87 billion current US$ | +17.2% |
| 1973 | 2.59 billion current US$ | +38.5% |
| 1974 | 5.97 billion current US$ | +130.0% |
| 1975 | 6.88 billion current US$ | +15.4% |
| 1976 | 8.19 billion current US$ | +19.0% |
| 1977 | 9.03 billion current US$ | +10.3% |
| 1978 | 9.32 billion current US$ | +3.1% |
| 1979 | 11.89 billion current US$ | +27.7% |
| 1980 | 16.24 billion current US$ | +36.6% |
| 1981 | 17.03 billion current US$ | +4.9% |
| 1982 | 14.24 billion current US$ | -16.4% |
| 1983 | 12.48 billion current US$ | -12.4% |
| 1984 | 11.75 billion current US$ | -5.8% |
| 1985 | 10.63 billion current US$ | -9.6% |
| 1986 | 9.69 billion current US$ | -8.8% |
| 1987 | 10.61 billion current US$ | +9.4% |
| 1988 | 10.44 billion current US$ | -1.5% |
| 1989 | 11.60 billion current US$ | +11.1% |
| 1990 | 11.20 billion current US$ | -3.5% |
| 1991 | 11.47 billion current US$ | +2.4% |
| 1992 | 13.98 billion current US$ | +21.9% |
| 1993 | 14.25 billion current US$ | +2.0% |
| 1994 | 14.55 billion current US$ | +2.1% |
| 1995 | 16.87 billion current US$ | +16.0% |
| 1996 | 18.10 billion current US$ | +7.3% |
| 1997 | 18.77 billion current US$ | +3.7% |
| 1998 | 17.17 billion current US$ | -8.5% |
| 1999 | 18.57 billion current US$ | +8.2% |
| 2000 | 19.04 billion current US$ | +2.5% |
| 2001 | 20.35 billion current US$ | +6.9% |
| 2002 | 21.62 billion current US$ | +6.2% |
| 2003 | 26.26 billion current US$ | +21.5% |
| 2004 | 32.64 billion current US$ | +24.3% |
| 2005 | 39.33 billion current US$ | +20.5% |
| 2006 | 48.63 billion current US$ | +23.6% |
| 2007 | 52.32 billion current US$ | +7.6% |
| 2008 | 62.53 billion current US$ | +19.5% |
| 2009 | 42.21 billion current US$ | -32.5% |
| 2010 | 52.61 billion current US$ | +24.6% |
| 2011 | 70.84 billion current US$ | +34.6% |
| 2012 | 68.84 billion current US$ | -2.8% |
| 2013 | 73.71 billion current US$ | +7.1% |
| 2014 | 71.23 billion current US$ | -3.4% |
| 2015 | 55.92 billion current US$ | -21.5% |
| 2016 | 51.42 billion current US$ | -8.1% |
| 2017 | 56.44 billion current US$ | +9.8% |
| 2018 | 61.17 billion current US$ | +8.4% |
| 2019 | 60.26 billion current US$ | -1.5% |
| 2020 | 57.40 billion current US$ | -4.7% |
| 2021 | 76.15 billion current US$ | +32.7% |
| 2022 | 97.95 billion current US$ | +28.6% |
| 2023 | 76.36 billion current US$ | -22.0% |
Biggest year-on-year movements
Years where Merchandise exports by the reporting economy (current US$) in Small states changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +130.0% | 2.59 billion current US$ | 5.97 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 804.39 million current US$ | 519.70 million current US$ | 1.15 billion current US$ | 10 |
| 1970s | 5.86 billion current US$ | 1.21 billion current US$ | 11.89 billion current US$ | 10 |
| 1980s | 12.47 billion current US$ | 9.69 billion current US$ | 17.03 billion current US$ | 10 |
| 1990s | 15.49 billion current US$ | 11.20 billion current US$ | 18.77 billion current US$ | 10 |
| 2000s | 36.49 billion current US$ | 19.04 billion current US$ | 62.53 billion current US$ | 10 |
| 2010s | 62.24 billion current US$ | 51.42 billion current US$ | 73.71 billion current US$ | 10 |
| 2020s | 76.96 billion current US$ | 57.40 billion current US$ | 97.95 billion current US$ | 4 |
Countries ranked near 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 Small states
- Merchandise trade 70.4% (2025)
- Food imports 16.1% (2025)
- Manufactures imports 61.4% (2025)
- Merchandise imports 141.38 billion current US$ (2025)
- Commercial service imports 87.95 billion current US$ (2024)
- Food exports 17.2% (2025)
- Manufactures exports 43.9% (2025)
- Merchandise exports 100.88 billion current US$ (2025)
- Commercial service exports 121.16 billion current US$ (2024)
- Merchandise exports (current US$), per capita 4,958 current US$ per person (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy in Small states?
- Merchandise exports by the reporting economy in Small states was 76.36 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy recorded in Small states?
- The highest recorded value was 97.95 billion current US$ in 2022.
- What is the lowest merchandise exports by the reporting economy recorded in Small states?
- The lowest recorded value was 519.70 million current US$ in 1960.
- How does Small states rank for merchandise exports by the reporting economy?
- Small states ranks 44th out of 47 groups with data for 2023.
- Is merchandise exports by the reporting economy rising or falling in Small states?
- Over the last ten years it is up 3.6%. The long-run trend across the full record is volatile.
- Where does this 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$). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.