IDA total | 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
IDA total
Records
63
Source
IDA total | Merchandise imports (current US$)
6847016534.0062 1960
6688341092.4879 1961
6849299633.8842 1962
7326467508.3781 1963
8233999709.8677 1964
8579889341.3789 1965
8738564782.8972 1966
8960025471.0595 1967
8584455541.1348 1968
9554772989.2684 1969
10929199115.801 1970
12271661844.042 1971
13304764538.82 1972
16315536348.869 1973
23901775490.594 1974
30008509287.266 1975
32170614401.574 1976
39955271169.749 1977
47637484054.702 1978
49949480745.513 1979
69331863451.037 1980
74206255044.443 1981
64402521819.774 1982
58335391169.361 1983
54326193309.267 1984
53645243820.533 1985
48562904044.65 1986
50811545789.884 1987
54367136474.729 1988
56061774774.687 1989
60474716134.476 1990
65426371826.929 1991
70189853850.288 1992
71543041113.643 1993
73617047137.116 1994
86735135235.586 1995
93307904324.682 1996
95976662075.475 1997
93999239665.84 1998
95317860162.137 1999
97242415751.566 2000
104207619313.73 2001
103119782821.03 2002
121760420291.8 2003
153094732331.47 2004
191735035192.85 2005
224573402334.95 2006
274544389043.7 2007
349290138901.71 2008
295806305063.09 2009
350058923312.62 2010
435505705320.82 2011
449280859547.37 2012
471958476318.15 2013
493743409473.1 2014
449092979605.47 2015
421838201223.14 2016
456708718439.51 2017
512246029264.72 2018
517030366595.99 2019
449361089360.4 2020
595732568460.76 2021
662840438247.13 2022
IDA total | 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
IDA total
Records
63
Source