Egypt, Arab Rep. | Imports of goods and services (current US$)

Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Arab Republic of Egypt
Records
63
Source
Egypt, Arab Rep. | Imports of goods and services (current US$)
1960
1961
1962
1963
1964
1965 996286588.02971
1966 1081156917.7639
1967 1071428571.4286
1968 1035981308.4112
1969 1078692493.9467
1970 1374780205.9784
1971 1530986993.114
1972 1615822130.2999
1973 1834007074.2799
1974 2888427176.3973
1975 4134809294.1692
1976 3717576961.2711
1977 4516926854.9377
1978 5026531231.0491
1979 7743714285.7143
1980 9289542760
1981 9628783783.7838
1982 10472660098.522
1983 10593713620.489
1984 10857880025.801
1985 10888912155.795
1986 9167446211.4125
1987 9190887666.9285
1988 12322544009.086
1989 12856257744.734
1990 13997308209.96
1991 13226985709.538
1992 12938946228.147
1993 14015606242.497
1994 14561091340.451
1995 16661751695.665
1996 17718160377.359
1997 19528023598.82
1998 21812278630.46
1999 21144205249.189
2000 22779979451.049
2001 21590296495.957
2002 19303370786.517
2003 19576923076.923
2004 23311688311.688
2005 29217970049.917
2006 33913043478.261
2007 45429071803.853
2008 62909090909.091
2009 59764065335.753
2010 58221415607.985
2011 58261617900.172
2012 67866666666.667
2013 67364341085.271
2014 69296987087.518
2015 71347708894.879
2016 66159509202.454
2017 69089673913.044
2018 73331457512.662
2019 78012528473.804
2020 75433562071.117
2021 81943913320.586
2022 104389057750.76

Egypt, Arab Rep. | Imports of goods and services (current US$)

Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Arab Republic of Egypt
Records
63
Source