Merchandise exports by the reporting economy, residual in Caribbean Small States
Caribbean Small States: Merchandise exports by the reporting economy, residual was 0.3% in 2023. ◆ Volatile
Merchandise exports by the reporting economy, residual in Caribbean Small States, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
In 2023, merchandise exports by the reporting economy, residual in Caribbean Small States stood at 0.3%.
The figure is up 45.0% on the previous year and down 68.9% over ten years.
Over the whole period, merchandise exports by the reporting economy, residual in Caribbean Small States peaked at 1.6% in 1996 and was at its lowest, 0.0%, in 2018.
That places Caribbean Small States 1st out of 47 groups with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy, residual in Caribbean Small States, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 0.5% | — |
| 1961 | 0.3% | -43.7% |
| 1962 | 0.3% | -1.9% |
| 1963 | 0.2% | -23.0% |
| 1964 | 0.3% | +36.8% |
| 1965 | 0.2% | -44.6% |
| 1966 | 0.3% | +68.1% |
| 1967 | 0.2% | -39.9% |
| 1968 | 0.2% | -2.4% |
| 1969 | 0.4% | +164.3% |
| 1970 | 0.2% | -51.7% |
| 1971 | 0.2% | +3.2% |
| 1972 | 0.2% | +4.8% |
| 1973 | 0.1% | -28.8% |
| 1974 | 0.4% | +151.9% |
| 1975 | 0.2% | -56.5% |
| 1976 | 0.1% | -54.1% |
| 1977 | 0.3% | +243.5% |
| 1978 | 0.2% | -30.9% |
| 1979 | 0.6% | +243.9% |
| 1980 | 0.6% | +1.8% |
| 1981 | 0.7% | +17.5% |
| 1982 | 0.9% | +30.0% |
| 1983 | 0.5% | -50.3% |
| 1984 | 0.7% | +39.7% |
| 1985 | 0.8% | +20.2% |
| 1986 | 0.7% | -12.2% |
| 1987 | 0.5% | -24.7% |
| 1988 | 0.4% | -27.9% |
| 1989 | 0.6% | +56.4% |
| 1990 | 1.2% | +109.1% |
| 1991 | 1.5% | +20.7% |
| 1992 | 1.0% | -34.8% |
| 1993 | 0.3% | -64.5% |
| 1994 | 0.9% | +152.7% |
| 1995 | 0.9% | +3.5% |
| 1996 | 1.6% | +77.2% |
| 1997 | 1.5% | -5.6% |
| 1998 | 1.5% | +2.8% |
| 1999 | 0.7% | -52.4% |
| 2000 | 1.1% | +55.4% |
| 2001 | 0.9% | -17.0% |
| 2002 | 0.5% | -46.6% |
| 2003 | 0.6% | +25.5% |
| 2004 | 0.2% | -64.4% |
| 2005 | 0.3% | +23.5% |
| 2006 | 0.1% | -62.7% |
| 2007 | 0.1% | -3.8% |
| 2008 | 0.1% | +12.0% |
| 2009 | 0.1% | -24.4% |
| 2010 | 0.6% | +586.4% |
| 2011 | 1.3% | +118.8% |
| 2012 | 0.9% | -26.2% |
| 2013 | 1.0% | +10.5% |
| 2014 | 0.7% | -34.1% |
| 2015 | 0.7% | -2.7% |
| 2016 | 0.6% | -7.0% |
| 2017 | 0.3% | -46.9% |
| 2018 | 0.0% | -90.3% |
| 2019 | 0.1% | +140.3% |
| 2020 | 0.8% | +903.8% |
| 2021 | 0.4% | -42.8% |
| 2022 | 0.2% | -49.6% |
| 2023 | 0.3% | +45.0% |
Biggest year-on-year movements
Years where Merchandise exports by the reporting economy, residual in Caribbean 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 |
|---|---|---|---|
| 2020 | +903.8% | 0.1% | 0.8% |
| 2010 | +586.4% | 0.1% | 0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.3% | 0.2% | 0.5% | 10 |
| 1970s | 0.2% | 0.1% | 0.6% | 10 |
| 1980s | 0.6% | 0.4% | 0.9% | 10 |
| 1990s | 1.1% | 0.3% | 1.6% | 10 |
| 2000s | 0.4% | 0.1% | 1.1% | 10 |
| 2010s | 0.6% | 0.0% | 1.3% | 10 |
| 2020s | 0.4% | 0.2% | 0.8% | 4 |
Countries ranked near Caribbean Small States
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, residual in Caribbean Small States?
- Merchandise exports by the reporting economy, residual in Caribbean Small States was 0.3% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy, residual recorded in Caribbean Small States?
- The highest recorded value was 1.6% in 1996.
- What is the lowest merchandise exports by the reporting economy, residual recorded in Caribbean Small States?
- The lowest recorded value was 0.0% in 2018.
- How does Caribbean Small States rank for merchandise exports by the reporting economy, residual?
- Caribbean Small States ranks 1st out of 47 groups with data for 2023.
- Is merchandise exports by the reporting economy, residual rising or falling in Caribbean Small States?
- Over the last ten years it is down 68.9%. 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, residual (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports by the reporting economy residuals 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, less the sum of exports by the reporting economy to high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise exports by the economy.