Merchandise imports by the reporting economy (current US$), gaps in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Merchandise imports by the reporting economy (current US$), gaps was 1.42 trillion current US$ in 2023. ◆ Volatile
Merchandise imports by the reporting economy (current US$), gaps in Latin America & the Caribbean (IDA & IBRD countries), 1960–2023
Source: Statizoid (derived). Measured in current US$.
Analysis
In 2023, merchandise imports by the reporting economy (current us$), gaps in Latin America & the Caribbean (IDA & IBRD countries) stood at 1.42 trillion current US$.
The figure is down 6.0% on the previous year and up 25.2% over ten years.
Over the whole period, merchandise imports by the reporting economy (current us$), gaps in Latin America & the Caribbean (IDA & IBRD countries) peaked at 1.51 trillion current US$ in 2022 and was at its lowest, 7.95 billion current US$, in 1960.
That places Latin America & the Caribbean (IDA & IBRD countries) 18th out of 44 groups with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy (current US$), gaps in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 7.95 billion current US$ | — |
| 1961 | 8.29 billion current US$ | +4.3% |
| 1962 | 8.25 billion current US$ | -0.5% |
| 1963 | 8.34 billion current US$ | +1.0% |
| 1964 | 9.01 billion current US$ | +8.0% |
| 1965 | 9.55 billion current US$ | +6.0% |
| 1966 | 10.49 billion current US$ | +9.8% |
| 1967 | 10.97 billion current US$ | +4.6% |
| 1968 | 12.05 billion current US$ | +9.9% |
| 1969 | 12.89 billion current US$ | +6.9% |
| 1970 | 14.85 billion current US$ | +15.2% |
| 1971 | 16.39 billion current US$ | +10.4% |
| 1972 | 18.62 billion current US$ | +13.6% |
| 1973 | 24.31 billion current US$ | +30.5% |
| 1974 | 42.17 billion current US$ | +73.5% |
| 1975 | 45.02 billion current US$ | +6.8% |
| 1976 | 45.48 billion current US$ | +1.0% |
| 1977 | 51.20 billion current US$ | +12.6% |
| 1978 | 59.18 billion current US$ | +15.6% |
| 1979 | 73.88 billion current US$ | +24.8% |
| 1980 | 97.67 billion current US$ | +32.2% |
| 1981 | 104.51 billion current US$ | +7.0% |
| 1982 | 83.84 billion current US$ | -19.8% |
| 1983 | 61.31 billion current US$ | -26.9% |
| 1984 | 62.95 billion current US$ | +2.7% |
| 1985 | 64.49 billion current US$ | +2.5% |
| 1986 | 64.52 billion current US$ | +0.1% |
| 1987 | 73.65 billion current US$ | +14.1% |
| 1988 | 83.49 billion current US$ | +13.4% |
| 1989 | 88.29 billion current US$ | +5.7% |
| 1990 | 102.03 billion current US$ | +15.6% |
| 1991 | 134.24 billion current US$ | +31.6% |
| 1992 | 162.71 billion current US$ | +21.2% |
| 1993 | 182.41 billion current US$ | +12.1% |
| 1994 | 209.39 billion current US$ | +14.8% |
| 1995 | 232.15 billion current US$ | +10.9% |
| 1996 | 262.67 billion current US$ | +13.1% |
| 1997 | 318.81 billion current US$ | +21.4% |
| 1998 | 337.64 billion current US$ | +5.9% |
| 1999 | 329.41 billion current US$ | -2.4% |
| 2000 | 372.25 billion current US$ | +13.0% |
| 2001 | 362.99 billion current US$ | -2.5% |
| 2002 | 339.31 billion current US$ | -6.5% |
| 2003 | 353.01 billion current US$ | +4.0% |
| 2004 | 429.13 billion current US$ | +21.6% |
| 2005 | 507.77 billion current US$ | +18.3% |
| 2006 | 604.93 billion current US$ | +19.1% |
| 2007 | 725.45 billion current US$ | +19.9% |
| 2008 | 882.52 billion current US$ | +21.7% |
| 2009 | 664.04 billion current US$ | -24.8% |
| 2010 | 861.14 billion current US$ | +29.7% |
| 2011 | 1.05 trillion current US$ | +22.4% |
| 2012 | 1.10 trillion current US$ | +4.6% |
| 2013 | 1.13 trillion current US$ | +2.7% |
| 2014 | 1.13 trillion current US$ | -0.4% |
| 2015 | 1.00 trillion current US$ | -10.9% |
| 2016 | 915.92 billion current US$ | -8.9% |
| 2017 | 993.53 billion current US$ | +8.5% |
| 2018 | 1.09 trillion current US$ | +10.0% |
| 2019 | 1.05 trillion current US$ | -3.9% |
| 2020 | 895.67 billion current US$ | -14.8% |
| 2021 | 1.25 trillion current US$ | +39.8% |
| 2022 | 1.51 trillion current US$ | +20.4% |
| 2023 | 1.42 trillion current US$ | -6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 9.78 billion current US$ | 7.95 billion current US$ | 12.89 billion current US$ | 10 |
| 1970s | 39.11 billion current US$ | 14.85 billion current US$ | 73.88 billion current US$ | 10 |
| 1980s | 78.47 billion current US$ | 61.31 billion current US$ | 104.51 billion current US$ | 10 |
| 1990s | 227.14 billion current US$ | 102.03 billion current US$ | 337.64 billion current US$ | 10 |
| 2000s | 524.14 billion current US$ | 339.31 billion current US$ | 882.52 billion current US$ | 10 |
| 2010s | 1.03 trillion current US$ | 861.14 billion current US$ | 1.13 trillion current US$ | 10 |
| 2020s | 1.27 trillion current US$ | 895.67 billion current US$ | 1.51 trillion current US$ | 4 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 15 Spain 468.47 billion current US$ compare
- 16 Singapore 423.28 billion current US$ compare
- 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
More private sector data for Latin America & the Caribbean (IDA & IBRD countries)
- Merchandise trade 44.2% (2025)
- Food imports 9.0% (2024)
- Manufactures imports 73.2% (2024)
- Merchandise imports 1.57 trillion current US$ (2025)
- Food exports 19.7% (2025)
- Manufactures exports 56.4% (2025)
- Merchandise exports 1.55 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 2,373 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2193 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.04 % change on previous year (2025)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is merchandise imports by the reporting economy (current us$), gaps in Latin America & the Caribbean (IDA & IBRD countries)?
- Merchandise imports by the reporting economy (current us$), gaps in Latin America & the Caribbean (IDA & IBRD countries) was 1.42 trillion current US$ in 2023, according to Statizoid (derived).
- What is the highest merchandise imports by the reporting economy (current us$), gaps recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 1.51 trillion current US$ in 2022.
- What is the lowest merchandise imports by the reporting economy (current us$), gaps recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 7.95 billion current US$ in 1960.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for merchandise imports by the reporting economy (current us$), gaps?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 18th out of 44 groups with data for 2023.
- Is merchandise imports by the reporting economy (current us$), gaps rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 25.2%. The long-run trend across the full record is volatile.
- Where does this Latin America & the Caribbean (IDA & IBRD countries) data come from?
- The figures come from Statizoid (derived), published as part of Merchandise imports by the reporting economy (current US$), gaps filled. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Merchandise imports by the reporting economy (current US$) 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.