Merchandise imports by the reporting economy in Caribbean Small States
Caribbean Small States: Merchandise imports by the reporting economy was 26.76 billion current US$ in 2023. ◆ Volatile
Latest (2023)
26.76 billion current US$
Change on year
up 19.2%
Rank
44th
of 45 groups
All-time high
26.76 billion current US$
in 2023
All-time low
394.30 million current US$
in 1960
Years of data
64
1960–2023
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$, in 1960.
That places Caribbean Small States 44th out of 45 groups with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy in Caribbean Small States, year by year
| Year | current US$ | 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% |
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
- 41 Greece 88.37 billion current US$ compare
- 42 Finland 82.82 billion current US$ compare
- 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
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$), annual growth rate -3.4 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy in Caribbean Small States?
- Merchandise imports by the reporting economy in Caribbean Small States was 26.76 billion current US$ 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 44th out of 45 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.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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.