Merchandise imports by the reporting economy (current US$) in Caribbean Small States
Caribbean Small States: Merchandise imports by the reporting economy (current US$) was 26.76 billion current US$ in 2023. ◆ Volatile
Merchandise imports by the reporting economy in Caribbean Small States, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Caribbean Small States recorded 26.76 billion current US$ for merchandise imports by the reporting economy in 2023. That is the highest value across all 64 years on record.
That represents a change of up 19.2% on the previous year and up 13.2% over ten years.
Over the whole period, merchandise imports by the reporting economy in Caribbean Small States peaked at 26.76 billion current US$ in 2023 and was at its lowest, 394.30 million current US$, in 1960.
That places Caribbean Small States 46th out of 47 groups with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy (current US$) in Caribbean Small States, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 394.30 million current US$ | — |
| 1961 | 501.50 million current US$ | +27.2% |
| 1962 | 449.70 million current US$ | -10.3% |
| 1963 | 562.67 million current US$ | +25.1% |
| 1964 | 743.48 million current US$ | +32.1% |
| 1965 | 738.94 million current US$ | -0.6% |
| 1966 | 870.89 million current US$ | +17.9% |
| 1967 | 861.05 million current US$ | -1.1% |
| 1968 | 866.03 million current US$ | +0.6% |
| 1969 | 992.58 million current US$ | +14.6% |
| 1970 | 1.22 billion current US$ | +22.8% |
| 1971 | 1.47 billion current US$ | +20.7% |
| 1972 | 1.59 billion current US$ | +7.9% |
| 1973 | 2.05 billion current US$ | +29.0% |
| 1974 | 4.43 billion current US$ | +116.1% |
| 1975 | 5.18 billion current US$ | +17.0% |
| 1976 | 5.98 billion current US$ | +15.4% |
| 1977 | 6.10 billion current US$ | +2.0% |
| 1978 | 6.14 billion current US$ | +0.7% |
| 1979 | 6.79 billion current US$ | +10.4% |
| 1980 | 4.54 billion current US$ | -33.1% |
| 1981 | 7.53 billion current US$ | +66.1% |
| 1982 | 6.79 billion current US$ | -9.9% |
| 1983 | 7.11 billion current US$ | +4.7% |
| 1984 | 7.25 billion current US$ | +1.9% |
| 1985 | 6.03 billion current US$ | -16.8% |
| 1986 | 6.05 billion current US$ | +0.4% |
| 1987 | 5.83 billion current US$ | -3.7% |
| 1988 | 4.77 billion current US$ | -18.1% |
| 1989 | 6.27 billion current US$ | +31.3% |
| 1990 | 5.62 billion current US$ | -10.4% |
| 1991 | 6.07 billion current US$ | +8.1% |
| 1992 | 6.71 billion current US$ | +10.5% |
| 1993 | 7.60 billion current US$ | +13.3% |
| 1994 | 6.11 billion current US$ | -19.6% |
| 1995 | 6.87 billion current US$ | +12.5% |
| 1996 | 8.81 billion current US$ | +28.2% |
| 1997 | 7.98 billion current US$ | -9.4% |
| 1998 | 9.13 billion current US$ | +14.4% |
| 1999 | 9.41 billion current US$ | +3.1% |
| 2000 | 8.68 billion current US$ | -7.7% |
| 2001 | 9.02 billion current US$ | +3.8% |
| 2002 | 9.01 billion current US$ | -0.1% |
| 2003 | 9.72 billion current US$ | +8.0% |
| 2004 | 11.14 billion current US$ | +14.6% |
| 2005 | 13.08 billion current US$ | +17.4% |
| 2006 | 14.74 billion current US$ | +12.6% |
| 2007 | 16.38 billion current US$ | +11.2% |
| 2008 | 19.64 billion current US$ | +19.9% |
| 2009 | 15.39 billion current US$ | -21.6% |
| 2010 | 15.23 billion current US$ | -1.0% |
| 2011 | 19.82 billion current US$ | +30.1% |
| 2012 | 22.44 billion current US$ | +13.2% |
| 2013 | 23.63 billion current US$ | +5.3% |
| 2014 | 23.48 billion current US$ | -0.6% |
| 2015 | 20.14 billion current US$ | -14.3% |
| 2016 | 18.30 billion current US$ | -9.1% |
| 2017 | 18.01 billion current US$ | -1.6% |
| 2018 | 19.42 billion current US$ | +7.8% |
| 2019 | 19.76 billion current US$ | +1.8% |
| 2020 | 15.16 billion current US$ | -23.3% |
| 2021 | 20.36 billion current US$ | +34.3% |
| 2022 | 22.46 billion current US$ | +10.3% |
| 2023 | 26.76 billion current US$ | +19.2% |
Biggest year-on-year movements
Years where Merchandise imports by the reporting economy (current US$) in Caribbean Small States changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +116.1% | 2.05 billion current US$ | 4.43 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 698.11 million current US$ | 394.30 million current US$ | 992.58 million current US$ | 10 |
| 1970s | 4.10 billion current US$ | 1.22 billion current US$ | 6.79 billion current US$ | 10 |
| 1980s | 6.22 billion current US$ | 4.54 billion current US$ | 7.53 billion current US$ | 10 |
| 1990s | 7.43 billion current US$ | 5.62 billion current US$ | 9.41 billion current US$ | 10 |
| 2000s | 12.68 billion current US$ | 8.68 billion current US$ | 19.64 billion current US$ | 10 |
| 2010s | 20.02 billion current US$ | 15.23 billion current US$ | 23.63 billion current US$ | 10 |
| 2020s | 21.19 billion current US$ | 15.16 billion current US$ | 26.76 billion current US$ | 4 |
Countries ranked near Caribbean Small States
- 43 Chile 82.01 billion current US$ compare
- 44 Israel 81.21 billion current US$ compare
- 45 Egypt 73.57 billion current US$ compare
- 46 Argentina 72.80 billion current US$ compare
- 47 Slovenia 71.37 billion current US$ compare
- 48 Morocco 70.37 billion current US$ compare
- 49 Nigeria 64.30 billion current US$ compare
More private sector data for Caribbean Small States
- Merchandise trade 70.0% (2025)
- Food imports 19.9% (2025)
- Manufactures imports 69.0% (2025)
- Merchandise imports 31.17 billion current US$ (2025)
- Commercial service imports 20.62 billion current US$ (2025)
- Food exports 11.2% (2025)
- Manufactures exports 44.9% (2025)
- Merchandise exports 30.03 billion current US$ (2025)
- Commercial service exports 15.97 billion current US$ (2024)
- Merchandise exports (current US$), per capita 6,590 current US$ per person (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy in Caribbean Small States?
- Merchandise imports by the reporting economy in Caribbean Small States was 26.76 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports by the reporting economy recorded in Caribbean Small States?
- The highest recorded value was 26.76 billion current US$ in 2023.
- What is the lowest merchandise imports by the reporting economy recorded in Caribbean Small States?
- The lowest recorded value was 394.30 million current US$ in 1960.
- How does Caribbean Small States rank for merchandise imports by the reporting economy?
- Caribbean Small States ranks 46th out of 47 groups with data for 2023.
- Is merchandise imports by the reporting economy rising or falling in Caribbean Small States?
- Over the last ten years it is up 13.2%. 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 imports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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About this data
Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.