Merchandise imports (current US$) in Latin America & Caribbean
Latin America & Caribbean: Merchandise imports (current US$) was 1.66 trillion current US$ in 2025. ◆ Volatile
Merchandise imports in Latin America & Caribbean, 1960–2025
Source: World Trade Organization (WTO). Measured in current US$.
Analysis
Latin America & Caribbean recorded 1.66 trillion current US$ for merchandise imports in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 6.2% on the previous year and up 54.1% over ten years.
Over the whole period, merchandise imports in Latin America & Caribbean peaked at 1.66 trillion current US$ in 2025 and was at its lowest, 9.73 billion current US$, in 1960.
That places Latin America & Caribbean 21st out of 47 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports (current US$) in Latin America & Caribbean, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 9.73 billion current US$ | — |
| 1961 | 10.24 billion current US$ | +5.2% |
| 1962 | 10.54 billion current US$ | +2.9% |
| 1963 | 10.48 billion current US$ | -0.5% |
| 1964 | 11.36 billion current US$ | +8.4% |
| 1965 | 11.55 billion current US$ | +1.6% |
| 1966 | 12.70 billion current US$ | +9.9% |
| 1967 | 13.19 billion current US$ | +3.9% |
| 1968 | 14.45 billion current US$ | +9.5% |
| 1969 | 15.95 billion current US$ | +10.4% |
| 1970 | 18.20 billion current US$ | +14.1% |
| 1971 | 20.48 billion current US$ | +12.5% |
| 1972 | 22.56 billion current US$ | +10.2% |
| 1973 | 29.31 billion current US$ | +29.9% |
| 1974 | 50.39 billion current US$ | +71.9% |
| 1975 | 55.82 billion current US$ | +10.8% |
| 1976 | 57.58 billion current US$ | +3.2% |
| 1977 | 64.70 billion current US$ | +12.4% |
| 1978 | 72.26 billion current US$ | +11.7% |
| 1979 | 88.77 billion current US$ | +22.8% |
| 1980 | 123.81 billion current US$ | +39.5% |
| 1981 | 132.71 billion current US$ | +7.2% |
| 1982 | 107.36 billion current US$ | -19.1% |
| 1983 | 83.85 billion current US$ | -21.9% |
| 1984 | 87.61 billion current US$ | +4.5% |
| 1985 | 86.33 billion current US$ | -1.5% |
| 1986 | 89.30 billion current US$ | +3.4% |
| 1987 | 97.60 billion current US$ | +9.3% |
| 1988 | 110.36 billion current US$ | +13.1% |
| 1989 | 119.59 billion current US$ | +8.4% |
| 1990 | 128.03 billion current US$ | +7.1% |
| 1991 | 146.57 billion current US$ | +14.5% |
| 1992 | 176.43 billion current US$ | +20.4% |
| 1993 | 194.17 billion current US$ | +10.1% |
| 1994 | 228.63 billion current US$ | +17.7% |
| 1995 | 257.28 billion current US$ | +12.5% |
| 1996 | 286.76 billion current US$ | +11.5% |
| 1997 | 341.15 billion current US$ | +19.0% |
| 1998 | 358.83 billion current US$ | +5.2% |
| 1999 | 347.21 billion current US$ | -3.2% |
| 2000 | 402.88 billion current US$ | +16.0% |
| 2001 | 393.79 billion current US$ | -2.3% |
| 2002 | 368.96 billion current US$ | -6.3% |
| 2003 | 381.93 billion current US$ | +3.5% |
| 2004 | 466.92 billion current US$ | +22.3% |
| 2005 | 559.31 billion current US$ | +19.8% |
| 2006 | 665.34 billion current US$ | +19.0% |
| 2007 | 791.07 billion current US$ | +18.9% |
| 2008 | 966.93 billion current US$ | +22.2% |
| 2009 | 723.74 billion current US$ | -25.2% |
| 2010 | 934.49 billion current US$ | +29.1% |
| 2011 | 1.14 trillion current US$ | +22.5% |
| 2012 | 1.18 trillion current US$ | +3.1% |
| 2013 | 1.22 trillion current US$ | +3.1% |
| 2014 | 1.21 trillion current US$ | -0.7% |
| 2015 | 1.08 trillion current US$ | -11.0% |
| 2016 | 976.04 billion current US$ | -9.3% |
| 2017 | 1.07 trillion current US$ | +9.3% |
| 2018 | 1.18 trillion current US$ | +10.6% |
| 2019 | 1.14 trillion current US$ | -3.7% |
| 2020 | 955.62 billion current US$ | -15.9% |
| 2021 | 1.32 trillion current US$ | +38.2% |
| 2022 | 1.61 trillion current US$ | +21.6% |
| 2023 | 1.52 trillion current US$ | -5.6% |
| 2024 | 1.56 trillion current US$ | +2.9% |
| 2025 | 1.66 trillion current US$ | +6.2% |
Biggest year-on-year movements
Years where Merchandise imports (current US$) in Latin America & Caribbean changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +71.9% | 29.31 billion current US$ | 50.39 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 12.02 billion current US$ | 9.73 billion current US$ | 15.95 billion current US$ | 10 |
| 1970s | 48.01 billion current US$ | 18.20 billion current US$ | 88.77 billion current US$ | 10 |
| 1980s | 103.85 billion current US$ | 83.85 billion current US$ | 132.71 billion current US$ | 10 |
| 1990s | 246.51 billion current US$ | 128.03 billion current US$ | 358.83 billion current US$ | 10 |
| 2000s | 572.09 billion current US$ | 368.96 billion current US$ | 966.93 billion current US$ | 10 |
| 2010s | 1.11 trillion current US$ | 934.49 billion current US$ | 1.22 trillion current US$ | 10 |
| 2020s | 1.44 trillion current US$ | 955.62 billion current US$ | 1.66 trillion current US$ | 6 |
Countries ranked near Latin America & Caribbean
- 18 Singapore 505.84 billion current US$ compare
- 19 Vietnam 453.78 billion current US$ compare
- 20 Poland 420.91 billion current US$ compare
- 21 Turkey 365.37 billion current US$ compare
- 22 Thailand 344.94 billion current US$ compare
- 23 Malaysia 340.44 billion current US$ compare
- 24 Australia 310.63 billion current US$ compare
More private sector data for Latin America & Caribbean
- Merchandise trade 44.2% (2025)
- Food imports 8.5% (2025)
- Manufactures imports 76.0% (2025)
- Commercial service imports 372.37 billion current US$ (2025)
- Food exports 23.6% (2025)
- Manufactures exports 49.3% (2025)
- Merchandise exports 1.67 trillion current US$ (2025)
- Commercial service exports 320.79 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,503 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2256 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is merchandise imports in Latin America & Caribbean?
- Merchandise imports in Latin America & Caribbean was 1.66 trillion current US$ in 2025, according to World Trade Organization (WTO).
- What is the highest merchandise imports recorded in Latin America & Caribbean?
- The highest recorded value was 1.66 trillion current US$ in 2025.
- What is the lowest merchandise imports recorded in Latin America & Caribbean?
- The lowest recorded value was 9.73 billion current US$ in 1960.
- How does Latin America & Caribbean rank for merchandise imports?
- Latin America & Caribbean ranks 21st out of 47 groups with data for 2025.
- Is merchandise imports rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 54.1%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean data come from?
- The figures come from World Trade Organization (WTO), published as part of Merchandise imports (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise imports includes goods whose economic ownership is changed from a non-resident to a resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.