Congo, Rep. | Merchandise imports (current US$)

Merchandise imports show the c.i.f. value of goods received from the rest of the world valued in current U.S. dollars. Limitations and exceptions: The value of imports is generally recorded as the cost of the goods when purchased by the importer plus the cost of transport and insurance to the frontier of the importing country - the cost, insurance, and freight (c.i.f.) value, corresponding to the landed cost at the point of entry of foreign goods into the country. A few countries collect import data on a free on board (f.o.b.) basis and adjust them for freight and insurance costs. Countries may report trade according to the general or special system of trade. Under the general system imports include goods imported for domestic consumption and imports into bonded warehouses and free trade zones. Under the special system imports comprise goods imported for domestic consumption (including transformation and repair) and withdrawals for domestic consumption from bonded warehouses and free trade zones. Goods transported through a country en route to another are excluded. Data on imports of goods are derived from the same sources as data on exports. In principle, world exports and imports should be identical. Similarly, exports from an economy should equal the sum of imports by the rest of the world from that economy. But differences in timing and definitions result in discrepancies in reported values at all levels. Statistical concept and methodology: Merchandise trade data are from customs reports of goods moving into or out of an economy or from reports of financial transactions related to merchandise trade recorded in the balance of payments. Because of differences in timing and definitions, trade flow estimates from customs reports and balance of payments may differ. Several international agencies process trade data, each correcting unreported or misreported data, leading to other differences. The data on total imports of goods (merchandise) are from the World Trade Organization (WTO), which obtains data from national statistical offices and the IMF's International Financial Statistics, supplemented by the Comtrade database and publications or databases of regional organizations, specialized agencies, economic groups, and private sources (such as Eurostat, the Food and Agriculture Organization, and country reports of the Economist Intelligence Unit). Country websites and email contact have improved collection of up-to-date statistics, reducing the proportion of estimates. The WTO database now covers most major traders in Africa, Asia, and Latin America, which together with high-income countries account for nearly 95 percent of world trade. Reliability of data for countries in Europe and Central Asia has also improved.
Publisher
The World Bank
Origin
Republic of the Congo
Records
63
Source
Congo, Rep. | Merchandise imports (current US$)
1960 70000000
1961 79000000
1962 76000000
1963 64000000
1964 67000000
1965 67000000
1966 72000000
1967 84000000
1968 86000000
1969 80000000
1970 59000000
1971 82000000
1972 104000000
1973 128000000
1974 127000000
1975 170000000
1976 172000000
1977 208000000
1978 259000000
1979 291000000
1980 580000000
1981 446000000
1982 767000000
1983 648000000
1984 618000000
1985 598000000
1986 597000000
1987 529000000
1988 564000000
1989 518000000
1990 621000000
1991 594000000
1992 451000000
1993 581000000
1994 631000000
1995 670000000
1996 1551000000
1997 926000000
1998 680000000
1999 821000000
2000 465000000
2001 682000000
2002 675000000
2003 831000000
2004 969000000
2005 1304000000
2006 2013000000
2007 3929000000
2008 3540000000
2009 4447000000
2010 4369000000
2011 7013000000
2012 7349000000
2013 8372000000
2014 10099000000
2015 10550000000
2016 11270000000
2017 4560000000
2018 3486000000
2019 2242000000
2020 1908000000
2021 2352000000
2022 3060000000

Congo, Rep. | Merchandise imports (current US$)

Merchandise imports show the c.i.f. value of goods received from the rest of the world valued in current U.S. dollars. Limitations and exceptions: The value of imports is generally recorded as the cost of the goods when purchased by the importer plus the cost of transport and insurance to the frontier of the importing country - the cost, insurance, and freight (c.i.f.) value, corresponding to the landed cost at the point of entry of foreign goods into the country. A few countries collect import data on a free on board (f.o.b.) basis and adjust them for freight and insurance costs. Countries may report trade according to the general or special system of trade. Under the general system imports include goods imported for domestic consumption and imports into bonded warehouses and free trade zones. Under the special system imports comprise goods imported for domestic consumption (including transformation and repair) and withdrawals for domestic consumption from bonded warehouses and free trade zones. Goods transported through a country en route to another are excluded. Data on imports of goods are derived from the same sources as data on exports. In principle, world exports and imports should be identical. Similarly, exports from an economy should equal the sum of imports by the rest of the world from that economy. But differences in timing and definitions result in discrepancies in reported values at all levels. Statistical concept and methodology: Merchandise trade data are from customs reports of goods moving into or out of an economy or from reports of financial transactions related to merchandise trade recorded in the balance of payments. Because of differences in timing and definitions, trade flow estimates from customs reports and balance of payments may differ. Several international agencies process trade data, each correcting unreported or misreported data, leading to other differences. The data on total imports of goods (merchandise) are from the World Trade Organization (WTO), which obtains data from national statistical offices and the IMF's International Financial Statistics, supplemented by the Comtrade database and publications or databases of regional organizations, specialized agencies, economic groups, and private sources (such as Eurostat, the Food and Agriculture Organization, and country reports of the Economist Intelligence Unit). Country websites and email contact have improved collection of up-to-date statistics, reducing the proportion of estimates. The WTO database now covers most major traders in Africa, Asia, and Latin America, which together with high-income countries account for nearly 95 percent of world trade. Reliability of data for countries in Europe and Central Asia has also improved.
Publisher
The World Bank
Origin
Republic of the Congo
Records
63
Source