Merchandise imports (current US$) in Latin America & the Caribbean (IDA & IBRD countries)
Latin America & the Caribbean (IDA & IBRD countries): Merchandise imports (current US$) was 1.57 trillion current US$ in 2025. ◆ Volatile
Merchandise imports in Latin America & the Caribbean (IDA & IBRD countries), 1960–2025
Source: World Trade Organization (WTO). Measured in current US$.
Analysis
The most recent figure for merchandise imports in Latin America & the Caribbean (IDA & IBRD countries) is 1.57 trillion current US$, measured 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 54.9% over ten years.
Over the whole period, merchandise imports in Latin America & the Caribbean (IDA & IBRD countries) peaked at 1.57 trillion current US$ in 2025 and was at its lowest, 8.56 billion current US$, in 1960.
That places Latin America & the Caribbean (IDA & IBRD countries) 22nd out of 47 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports (current US$) in Latin America & the Caribbean (IDA & IBRD countries), year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 8.56 billion current US$ | — |
| 1961 | 8.96 billion current US$ | +4.7% |
| 1962 | 9.21 billion current US$ | +2.7% |
| 1963 | 9.04 billion current US$ | -1.8% |
| 1964 | 9.71 billion current US$ | +7.4% |
| 1965 | 10.03 billion current US$ | +3.4% |
| 1966 | 11.03 billion current US$ | +10.0% |
| 1967 | 11.40 billion current US$ | +3.4% |
| 1968 | 12.49 billion current US$ | +9.5% |
| 1969 | 13.67 billion current US$ | +9.5% |
| 1970 | 15.69 billion current US$ | +14.8% |
| 1971 | 17.61 billion current US$ | +12.2% |
| 1972 | 19.72 billion current US$ | +12.0% |
| 1973 | 25.37 billion current US$ | +28.7% |
| 1974 | 43.45 billion current US$ | +71.3% |
| 1975 | 46.59 billion current US$ | +7.2% |
| 1976 | 47.66 billion current US$ | +2.3% |
| 1977 | 53.36 billion current US$ | +12.0% |
| 1978 | 60.90 billion current US$ | +14.1% |
| 1979 | 75.96 billion current US$ | +24.7% |
| 1980 | 103.89 billion current US$ | +36.8% |
| 1981 | 112.59 billion current US$ | +8.4% |
| 1982 | 89.29 billion current US$ | -20.7% |
| 1983 | 68.05 billion current US$ | -23.8% |
| 1984 | 71.19 billion current US$ | +4.6% |
| 1985 | 71.17 billion current US$ | -0.0% |
| 1986 | 72.60 billion current US$ | +2.0% |
| 1987 | 82.27 billion current US$ | +13.3% |
| 1988 | 95.16 billion current US$ | +15.7% |
| 1989 | 103.14 billion current US$ | +8.4% |
| 1990 | 115.97 billion current US$ | +12.4% |
| 1991 | 134.88 billion current US$ | +16.3% |
| 1992 | 164.64 billion current US$ | +22.1% |
| 1993 | 181.57 billion current US$ | +10.3% |
| 1994 | 213.78 billion current US$ | +17.7% |
| 1995 | 240.03 billion current US$ | +12.3% |
| 1996 | 267.24 billion current US$ | +11.3% |
| 1997 | 318.06 billion current US$ | +19.0% |
| 1998 | 335.14 billion current US$ | +5.4% |
| 1999 | 323.46 billion current US$ | -3.5% |
| 2000 | 375.30 billion current US$ | +16.0% |
| 2001 | 366.91 billion current US$ | -2.2% |
| 2002 | 344.31 billion current US$ | -6.2% |
| 2003 | 355.78 billion current US$ | +3.3% |
| 2004 | 434.70 billion current US$ | +22.2% |
| 2005 | 519.18 billion current US$ | +19.4% |
| 2006 | 617.75 billion current US$ | +19.0% |
| 2007 | 736.92 billion current US$ | +19.3% |
| 2008 | 899.68 billion current US$ | +22.1% |
| 2009 | 676.95 billion current US$ | -24.8% |
| 2010 | 877.72 billion current US$ | +29.7% |
| 2011 | 1.07 trillion current US$ | +22.0% |
| 2012 | 1.11 trillion current US$ | +3.5% |
| 2013 | 1.14 trillion current US$ | +3.2% |
| 2014 | 1.14 trillion current US$ | -0.6% |
| 2015 | 1.01 trillion current US$ | -11.0% |
| 2016 | 918.57 billion current US$ | -9.3% |
| 2017 | 1.01 trillion current US$ | +9.5% |
| 2018 | 1.11 trillion current US$ | +10.6% |
| 2019 | 1.07 trillion current US$ | -3.6% |
| 2020 | 903.53 billion current US$ | -15.7% |
| 2021 | 1.25 trillion current US$ | +38.4% |
| 2022 | 1.52 trillion current US$ | +21.6% |
| 2023 | 1.44 trillion current US$ | -5.6% |
| 2024 | 1.48 trillion current US$ | +2.9% |
| 2025 | 1.57 trillion current US$ | +6.2% |
Biggest year-on-year movements
Years where Merchandise imports (current US$) in Latin America & the Caribbean (IDA & IBRD countries) changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1974 | +71.3% | 25.37 billion current US$ | 43.45 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 10.41 billion current US$ | 8.56 billion current US$ | 13.67 billion current US$ | 10 |
| 1970s | 40.63 billion current US$ | 15.69 billion current US$ | 75.96 billion current US$ | 10 |
| 1980s | 86.94 billion current US$ | 68.05 billion current US$ | 112.59 billion current US$ | 10 |
| 1990s | 229.48 billion current US$ | 115.97 billion current US$ | 335.14 billion current US$ | 10 |
| 2000s | 532.75 billion current US$ | 344.31 billion current US$ | 899.68 billion current US$ | 10 |
| 2010s | 1.05 trillion current US$ | 877.72 billion current US$ | 1.14 trillion current US$ | 10 |
| 2020s | 1.36 trillion current US$ | 903.53 billion current US$ | 1.57 trillion current US$ | 6 |
Countries ranked near Latin America & the Caribbean (IDA & IBRD countries)
- 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
- 25 Russia 302.71 billion current US$ compare
More private sector data for Latin America & the Caribbean (IDA & IBRD countries)
- Merchandise trade 44.2% (2025)
- Food imports 8.5% (2025)
- Manufactures imports 76.0% (2025)
- Commercial service imports 346.03 billion current US$ (2025)
- Food exports 23.6% (2025)
- Manufactures exports 49.3% (2025)
- Merchandise exports 1.55 trillion current US$ (2025)
- Commercial service exports 277.60 billion 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)
All data for Latin America & the Caribbean (IDA & IBRD countries) →
Frequently asked questions
- What is merchandise imports in Latin America & the Caribbean (IDA & IBRD countries)?
- Merchandise imports in Latin America & the Caribbean (IDA & IBRD countries) was 1.57 trillion current US$ in 2025, according to World Trade Organization (WTO).
- What is the highest merchandise imports recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The highest recorded value was 1.57 trillion current US$ in 2025.
- What is the lowest merchandise imports recorded in Latin America & the Caribbean (IDA & IBRD countries)?
- The lowest recorded value was 8.56 billion current US$ in 1960.
- How does Latin America & the Caribbean (IDA & IBRD countries) rank for merchandise imports?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 22nd out of 47 groups with data for 2025.
- Is merchandise imports rising or falling in Latin America & the Caribbean (IDA & IBRD countries)?
- Over the last ten years it is up 54.9%. 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 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.