CARICOM's trade relations with the Western hemisphere have undergone significant changes over the last decade.  During this period CARICOM's trade with its hemispheric partners noticeably increased as a percentage of its trade with the world as a whole.

In 1996 Heads of Government of CARICOM agreed to give priority to negotiating free trade agreements with selected countries in Latin America and the wider/greater Caribbean .

CARICOM bilateral trade accords include: