Merchandise trade in Caribbean Small States

Caribbean Small States: Merchandise trade was 70.0% in 2025. ◆ Volatile

Latest (2025)
70.0%
Change on year
up 6.6%
Rank
4th
of 45 groups
All-time high
256.8%
in 1976
All-time low
50.3%
in 2020
Years of data
66
1960–2025

Merchandise trade in Caribbean Small States, 1960–2025

50100150200250196019922025

Source: World Trade Organization (WTO). Measured in % of GDP.

Analysis

The most recent figure for merchandise trade in Caribbean Small States is 70.0%, measured in 2025.

Compared with earlier readings it is up 6.6% on the previous year and up 21.1% over ten years.

Over the whole period, merchandise trade in Caribbean Small States peaked at 256.8% in 1976 and was at its lowest, 50.3%, in 2020.

That places Caribbean Small States 4th out of 45 groups with data for 2025, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Merchandise trade in Caribbean Small States, year by year

Annual values for Merchandise trade (% of GDP) in Caribbean Small States, 1960 to 2025.
Year % of GDP Change
1960 92.8%
1961 96.8% +4.3%
1962 91.2% -5.8%
1963 92.4% +1.3%
1964 96.9% +4.9%
1965 96.4% -0.5%
1966 97.6% +1.2%
1967 92.1% -5.6%
1968 93.2% +1.1%
1969 98.0% +5.2%
1970 103.2% +5.3%
1971 119.7% +16.0%
1972 117.4% -1.9%
1973 125.4% +6.8%
1974 218.1% +73.9%
1975 223.5% +2.5%
1976 256.8% +14.9%
1977 219.5% -14.5%
1978 186.1% -15.2%
1979 176.2% -5.3%
1980 213.0% +20.8%
1981 199.2% -6.5%
1982 156.4% -21.5%
1983 125.6% -19.7%
1984 107.1% -14.7%
1985 90.4% -15.6%
1986 100.6% +11.3%
1987 93.4% -7.1%
1988 81.9% -12.3%
1989 97.5% +19.1%
1990 62.8% -35.6%
1991 65.1% +3.6%
1992 57.9% -11.0%
1993 62.1% +7.2%
1994 57.5% -7.5%
1995 66.8% +16.3%
1996 67.4% +0.9%
1997 65.4% -2.9%
1998 58.6% -10.5%
1999 56.5% -3.5%
2000 62.7% +10.9%
2001 59.7% -4.8%
2002 55.8% -6.5%
2003 58.6% +4.9%
2004 62.7% +7.1%
2005 71.0% +13.1%
2006 75.9% +6.9%
2007 70.7% -6.9%
2008 77.0% +8.9%
2009 61.6% -20.0%
2010 61.6% +0.0%
2011 73.9% +20.0%
2012 68.4% -7.5%
2013 80.4% +17.5%
2014 68.4% -14.9%
2015 57.9% -15.4%
2016 53.2% -8.1%
2017 53.6% +0.9%
2018 59.1% +10.3%
2019 53.6% -9.3%
2020 50.3% -6.1%
2021 59.1% +17.4%
2022 65.7% +11.1%
2023 67.7% +3.1%
2024 65.7% -3.0%
2025 70.0% +6.6%

Averages by decade

DecadeAverage LowestHighest Years
1960s 94.7% 91.2% 98.0% 10
1970s 174.6% 103.2% 256.8% 10
1980s 126.5% 81.9% 213.0% 10
1990s 62.0% 56.5% 67.4% 10
2000s 65.6% 55.8% 77.0% 10
2010s 63.0% 53.2% 80.4% 10
2020s 63.1% 50.3% 70.0% 6

Countries ranked near Caribbean Small States

  1. 1 Hong Kong 371.0% compare
  2. 2 Djibouti 267.1% compare
  3. 3 Slovenia 237.4% compare
  4. 4 United Arab Emirates 208.2% compare
  5. 5 Vietnam 180.0% compare
  6. 6 Singapore 177.6% compare
  7. 7 Slovakia 160.5% compare

See the full ranking of 251 places →

More private sector data for Caribbean Small States

All data for Caribbean Small States →

Frequently asked questions

What is merchandise trade in Caribbean Small States?
Merchandise trade in Caribbean Small States was 70.0% in 2025, according to World Trade Organization (WTO).
What is the highest merchandise trade recorded in Caribbean Small States?
The highest recorded value was 256.8% in 1976.
What is the lowest merchandise trade recorded in Caribbean Small States?
The lowest recorded value was 50.3% in 2020.
How does Caribbean Small States rank for merchandise trade?
Caribbean Small States ranks 4th out of 45 groups with data for 2025.
Is merchandise trade rising or falling in Caribbean Small States?
Over the last ten years it is up 21.1%. The long-run trend across the full record is volatile.
Where does this Caribbean Small States data come from?
The figures come from World Trade Organization (WTO), published as part of Merchandise trade (% of GDP). Statizoid updates them automatically from the source API.

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Merchandise trade in Caribbean Small States. Statizoid, drawing on World Trade Organization (WTO). Retrieved 02 September 2026, from https://private-sector.statizoid.com/stat/merchandise-trade-percent-of-gdp/caribbean-small-states/

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About this data

Indicator
Merchandise trade (% of GDP)
Unit
% of GDP
Source
World Trade Organization (WTO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
251 places, 14,091 data points, 1960–2025
Last refreshed

General merchandise trade includes goods whose economic ownership is changed between a resident and a non-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. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.