Merchandise exports to low- and middle-income economies in Latin in Caribbean Small States
Caribbean Small States: Merchandise exports to low- and middle-income economies in Latin was 9.0% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies in Latin in Caribbean Small States, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
Caribbean Small States recorded 9.0% for merchandise exports to low- and middle-income economies in latin in 2023.
The figure is down 8.2% on the previous year and down 58.2% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies in latin in Caribbean Small States peaked at 21.7% in 2015 and was at its lowest, 1.8%, in 1965.
That places Caribbean Small States 5th 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 to low- and middle-income economies in Latin in Caribbean Small States, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 4.1% | — |
| 1961 | 4.1% | +0.1% |
| 1962 | 3.9% | -4.0% |
| 1963 | 3.1% | -20.3% |
| 1964 | 2.6% | -16.6% |
| 1965 | 1.8% | -30.5% |
| 1966 | 2.4% | +34.0% |
| 1967 | 2.3% | -4.4% |
| 1968 | 3.1% | +34.2% |
| 1969 | 3.8% | +21.6% |
| 1970 | 4.0% | +5.4% |
| 1971 | 5.5% | +37.5% |
| 1972 | 5.7% | +2.5% |
| 1973 | 4.6% | -18.4% |
| 1974 | 4.4% | -5.1% |
| 1975 | 4.7% | +6.6% |
| 1976 | 3.7% | -20.6% |
| 1977 | 3.8% | +2.4% |
| 1978 | 4.5% | +19.7% |
| 1979 | 6.1% | +33.8% |
| 1980 | 7.3% | +19.6% |
| 1981 | 6.1% | -16.7% |
| 1982 | 6.4% | +6.5% |
| 1983 | 4.1% | -37.1% |
| 1984 | 3.6% | -11.5% |
| 1985 | 3.8% | +6.5% |
| 1986 | 3.2% | -15.6% |
| 1987 | 5.0% | +54.1% |
| 1988 | 6.0% | +20.0% |
| 1989 | 5.8% | -2.9% |
| 1990 | 8.4% | +45.6% |
| 1991 | 9.2% | +9.6% |
| 1992 | 10.1% | +8.8% |
| 1993 | 14.0% | +38.8% |
| 1994 | 14.7% | +5.6% |
| 1995 | 17.9% | +21.1% |
| 1996 | 16.6% | -6.8% |
| 1997 | 18.0% | +8.3% |
| 1998 | 20.0% | +11.0% |
| 1999 | 18.7% | -6.3% |
| 2000 | 18.2% | -3.1% |
| 2001 | 20.5% | +12.6% |
| 2002 | 17.8% | -12.9% |
| 2003 | 16.8% | -6.0% |
| 2004 | 12.1% | -27.7% |
| 2005 | 18.4% | +52.2% |
| 2006 | 15.1% | -18.0% |
| 2007 | 15.6% | +3.1% |
| 2008 | 20.4% | +31.0% |
| 2009 | 14.2% | -30.5% |
| 2010 | 17.8% | +25.4% |
| 2011 | 17.1% | -4.1% |
| 2012 | 15.9% | -6.6% |
| 2013 | 21.5% | +35.1% |
| 2014 | 18.2% | -15.7% |
| 2015 | 21.7% | +19.2% |
| 2016 | 16.4% | -24.2% |
| 2017 | 14.3% | -12.7% |
| 2018 | 11.9% | -16.7% |
| 2019 | 12.5% | +4.6% |
| 2020 | 10.8% | -13.4% |
| 2021 | 10.6% | -2.1% |
| 2022 | 9.8% | -7.3% |
| 2023 | 9.0% | -8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.1% | 1.8% | 4.1% | 10 |
| 1970s | 4.7% | 3.7% | 6.1% | 10 |
| 1980s | 5.1% | 3.2% | 7.3% | 10 |
| 1990s | 14.8% | 8.4% | 20.0% | 10 |
| 2000s | 16.9% | 12.1% | 20.5% | 10 |
| 2010s | 16.7% | 11.9% | 21.7% | 10 |
| 2020s | 10.0% | 9.0% | 10.8% | 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 to low- and middle-income economies in latin in Caribbean Small States?
- Merchandise exports to low- and middle-income economies in latin in Caribbean Small States was 9.0% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies in latin recorded in Caribbean Small States?
- The highest recorded value was 21.7% in 2015.
- What is the lowest merchandise exports to low- and middle-income economies in latin recorded in Caribbean Small States?
- The lowest recorded value was 1.8% in 1965.
- How does Caribbean Small States rank for merchandise exports to low- and middle-income economies in latin?
- Caribbean Small States ranks 5th out of 47 groups with data for 2023.
- Is merchandise exports to low- and middle-income economies in latin rising or falling in Caribbean Small States?
- Over the last ten years it is down 58.2%. 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 to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.