Merchandise imports by the reporting economy (current US$), gaps in Latin America & Caribbean (excluding high income)
Latin America & Caribbean (excluding high income): Merchandise imports by the reporting economy (current US$), gaps was 1.28 trillion current US$ in 2023. ◆ Volatile
Merchandise imports by the reporting economy (current US$), gaps in Latin America & Caribbean (excluding high income), 1960–2023
Source: Statizoid (derived). Measured in current US$.
Analysis
In 2023, merchandise imports by the reporting economy (current us$), gaps in Latin America & Caribbean (excluding high income) stood at 1.28 trillion current US$.
The figure is down 5.8% on the previous year and up 26.5% over ten years.
Over the whole period, merchandise imports by the reporting economy (current us$), gaps in Latin America & Caribbean (excluding high income) peaked at 1.36 trillion current US$ in 2022 and was at its lowest, 6.70 billion current US$, in 1960.
Latin America & Caribbean (excluding high income) ranks 20th of 44 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy (current US$), gaps in Latin America & Caribbean (excluding high income), year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 6.70 billion current US$ | — |
| 1961 | 6.87 billion current US$ | +2.5% |
| 1962 | 6.92 billion current US$ | +0.7% |
| 1963 | 6.86 billion current US$ | -0.8% |
| 1964 | 7.39 billion current US$ | +7.8% |
| 1965 | 7.86 billion current US$ | +6.3% |
| 1966 | 8.60 billion current US$ | +9.4% |
| 1967 | 9.12 billion current US$ | +6.1% |
| 1968 | 10.18 billion current US$ | +11.6% |
| 1969 | 10.77 billion current US$ | +5.9% |
| 1970 | 12.39 billion current US$ | +15.0% |
| 1971 | 13.81 billion current US$ | +11.4% |
| 1972 | 15.88 billion current US$ | +15.0% |
| 1973 | 21.02 billion current US$ | +32.4% |
| 1974 | 36.16 billion current US$ | +72.0% |
| 1975 | 39.51 billion current US$ | +9.3% |
| 1976 | 39.36 billion current US$ | -0.4% |
| 1977 | 44.26 billion current US$ | +12.4% |
| 1978 | 51.28 billion current US$ | +15.9% |
| 1979 | 63.64 billion current US$ | +24.1% |
| 1980 | 84.65 billion current US$ | +33.0% |
| 1981 | 92.68 billion current US$ | +9.5% |
| 1982 | 74.81 billion current US$ | -19.3% |
| 1983 | 54.53 billion current US$ | -27.1% |
| 1984 | 56.59 billion current US$ | +3.8% |
| 1985 | 59.37 billion current US$ | +4.9% |
| 1986 | 59.07 billion current US$ | -0.5% |
| 1987 | 66.05 billion current US$ | +11.8% |
| 1988 | 76.29 billion current US$ | +15.5% |
| 1989 | 78.74 billion current US$ | +3.2% |
| 1990 | 91.37 billion current US$ | +16.0% |
| 1991 | 122.01 billion current US$ | +33.5% |
| 1992 | 145.64 billion current US$ | +19.4% |
| 1993 | 164.04 billion current US$ | +12.6% |
| 1994 | 190.34 billion current US$ | +16.0% |
| 1995 | 208.66 billion current US$ | +9.6% |
| 1996 | 236.08 billion current US$ | +13.1% |
| 1997 | 288.45 billion current US$ | +22.2% |
| 1998 | 307.83 billion current US$ | +6.7% |
| 1999 | 303.24 billion current US$ | -1.5% |
| 2000 | 344.89 billion current US$ | +13.7% |
| 2001 | 336.36 billion current US$ | -2.5% |
| 2002 | 313.15 billion current US$ | -6.9% |
| 2003 | 320.66 billion current US$ | +2.4% |
| 2004 | 389.58 billion current US$ | +21.5% |
| 2005 | 459.23 billion current US$ | +17.9% |
| 2006 | 547.73 billion current US$ | +19.3% |
| 2007 | 656.13 billion current US$ | +19.8% |
| 2008 | 791.50 billion current US$ | +20.6% |
| 2009 | 598.00 billion current US$ | -24.4% |
| 2010 | 776.10 billion current US$ | +29.8% |
| 2011 | 945.88 billion current US$ | +21.9% |
| 2012 | 983.64 billion current US$ | +4.0% |
| 2013 | 1.01 trillion current US$ | +2.8% |
| 2014 | 1.01 trillion current US$ | +0.2% |
| 2015 | 908.21 billion current US$ | -10.4% |
| 2016 | 823.92 billion current US$ | -9.3% |
| 2017 | 895.13 billion current US$ | +8.6% |
| 2018 | 986.50 billion current US$ | +10.2% |
| 2019 | 948.21 billion current US$ | -3.9% |
| 2020 | 807.91 billion current US$ | -14.8% |
| 2021 | 1.12 trillion current US$ | +38.8% |
| 2022 | 1.36 trillion current US$ | +21.1% |
| 2023 | 1.28 trillion current US$ | -5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.13 billion current US$ | 6.70 billion current US$ | 10.77 billion current US$ | 10 |
| 1970s | 33.73 billion current US$ | 12.39 billion current US$ | 63.64 billion current US$ | 10 |
| 1980s | 70.28 billion current US$ | 54.53 billion current US$ | 92.68 billion current US$ | 10 |
| 1990s | 205.77 billion current US$ | 91.37 billion current US$ | 307.83 billion current US$ | 10 |
| 2000s | 475.72 billion current US$ | 313.15 billion current US$ | 791.50 billion current US$ | 10 |
| 2010s | 929.26 billion current US$ | 776.10 billion current US$ | 1.01 trillion current US$ | 10 |
| 2020s | 1.14 trillion current US$ | 807.91 billion current US$ | 1.36 trillion current US$ | 4 |
Countries ranked near Latin America & Caribbean (excluding high income)
- 17 United Arab Emirates 391.80 billion current US$ compare
- 18 Poland 367.30 billion current US$ compare
- 19 Switzerland 364.05 billion current US$ compare
- 20 Türkiye 337.27 billion current US$ compare
- 21 Viet Nam 318.47 billion current US$ compare
- 22 Australia 287.89 billion current US$ compare
- 23 Thailand 284.28 billion current US$ compare
More private sector data for Latin America & Caribbean (excluding high income)
- Merchandise trade 43.4% (2025)
- Food imports 8.3% (2024)
- Manufactures imports 74.3% (2024)
- Merchandise imports 1.40 trillion current US$ (2025)
- Food exports 19.4% (2025)
- Manufactures exports 61.3% (2025)
- Merchandise exports 1.37 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 2,178 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2093 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.06 % change on previous year (2025)
All data for Latin America & Caribbean (excluding high income) →
Frequently asked questions
- What is merchandise imports by the reporting economy (current us$), gaps in Latin America & Caribbean (excluding high income)?
- Merchandise imports by the reporting economy (current us$), gaps in Latin America & Caribbean (excluding high income) was 1.28 trillion current US$ in 2023, according to Statizoid (derived).
- What is the highest merchandise imports by the reporting economy (current us$), gaps recorded in Latin America & Caribbean (excluding high income)?
- The highest recorded value was 1.36 trillion current US$ in 2022.
- What is the lowest merchandise imports by the reporting economy (current us$), gaps recorded in Latin America & Caribbean (excluding high income)?
- The lowest recorded value was 6.70 billion current US$ in 1960.
- How does Latin America & Caribbean (excluding high income) rank for merchandise imports by the reporting economy (current us$), gaps?
- Latin America & Caribbean (excluding high income) ranks 20th out of 44 groups with data for 2023.
- Is merchandise imports by the reporting economy (current us$), gaps rising or falling in Latin America & Caribbean (excluding high income)?
- Over the last ten years it is up 26.5%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean (excluding high income) data come from?
- The figures come from Statizoid (derived), published as part of Merchandise imports by the reporting economy (current US$), gaps filled. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Merchandise imports by the reporting economy (current US$) with 55 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.
Computed from
- Merchandise imports by the reporting economy Staff estimates, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Merchandise imports by the reporting economy (current US$) with 55 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.