Japan vs Latin America & Caribbean (excluding high income): Imports Merchandise, Customs, current US$, millions

Japan
743,845
in 2024
Latin America & Caribbean (excluding high income)
1.21 million
in 2024
Japan rank
5th
Latin America & Caribbean (excluding high income) rank
5th

Imports Merchandise, Customs, current US$, millions over time

  • Japan
  • Latin America & Caribbean (excluding high income)
0250.0k500.0k750.0k1.0M1.2M199120072024

How they compare

Latin America & Caribbean (excluding high income) currently reports 1.21 million against 743,845 in Japan, a difference of 469,695.

That makes Latin America & Caribbean (excluding high income)'s figure about 1.6 times Japan's.

The two have swapped places 1 time across 34 shared years of data; in 1991 it was Japan ahead.

Japan ranks 5th and Latin America & Caribbean (excluding high income) ranks 5th of 118 countries.

Across the 4 decades both report, Japan averaged higher in 2 and Latin America & Caribbean (excluding high income) in 2.

Head to head by decade

Decade Japan Latin America & Caribbean (excluding high income) Difference Ahead
1990s 289,338 192,786 96,553 Japan
2000s 493,656 418,978 74,677 Japan
2010s 747,863 829,590 81,727 Latin America & Caribbean (excluding high income)
2020s 768,025 1.07 million 305,037 Latin America & Caribbean (excluding high income)

Averages of every year both report within each decade.

Frequently asked questions

Which has higher imports merchandise, customs, current us$, millions, Japan or Latin America & Caribbean (excluding high income)?
Latin America & Caribbean (excluding high income), at 1.21 million against 743,845 in Japan as of 2024.
What is the difference in imports merchandise, customs, current us$, millions between Japan and Latin America & Caribbean (excluding high income)?
469,695, with Latin America & Caribbean (excluding high income) ahead.
How many years of comparable data are there for Japan and Latin America & Caribbean (excluding high income)?
34 years are reported by both, from 1991 to 2024.
How do Japan and Latin America & Caribbean (excluding high income) rank globally for imports merchandise, customs, current us$, millions?
Japan ranks 5th and Latin America & Caribbean (excluding high income) ranks 5th of 118 countries.
Where does this data come from?
World Bank staff calculations based on Datastream and IMF International Finance Statistics data, published as Imports Merchandise, Customs, current US$, millions. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Japan vs Latin America & Caribbean (excluding high income): Imports Merchandise, Customs, current US$, millions. Statizoid, drawing on World Bank staff calculations based on Datastream and IMF International Finance Statistics data. Retrieved 06 September 2026, from https://reference.statizoid.com/compare/imports-merchandise-customs-current-us-millions/japan/latin-america-and-caribbean-excluding-high-income/

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About this data

Indicator
Imports Merchandise, Customs, current US$, millions
Source
World Bank staff calculations based on Datastream and IMF International Finance Statistics data
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
128 places, 3,909 data points, 1991–2024
Last refreshed

Merchandise (goods) imports, cost, insurance and freight basis (c.i.f.), in current US$ millions, not seasonally adjusted.