Merchandise exports to low- and middle-income economies within region in Caribbean Small States
Caribbean Small States: Merchandise exports to low- and middle-income economies within region was 9.0% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies within region 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 within region in 2023.
That represents a change of 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 within region in Caribbean Small States peaked at 21.7% in 2015 and was at its lowest, 1.8%, in 1965.
That places Caribbean Small States 35th out of 46 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 to low- and middle-income economies within region 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 within region in Caribbean Small States?
- Merchandise exports to low- and middle-income economies within region 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 within region 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 within region 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 within region?
- Caribbean Small States ranks 35th out of 46 groups with data for 2023.
- Is merchandise exports to low- and middle-income economies within region 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 within region (% 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 within region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in the same World Bank region 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.