Mexico | Imports of goods and services (constant 2015 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 constant 2015 prices, expressed in U.S. dollars. Development relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions. 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
United Mexican States
Records
63
Source
Mexico | Imports of goods and services (constant 2015 US$)
12499309591.782 1960
12352516875.124 1961
12567169052.281 1962
13872775595.147 1963
15993961552.624 1964
21087587429.16 1965
22724402210.963 1966
22637693934.514 1967
24037237219.78 1968
24000044520.785 1969
25842315342.985 1970
24733704096.186 1971
28552117047.101 1972
34489393513.541 1973
40636158962.866 1974
39048187602.721 1975
36681522146.826 1976
29984371984.779 1977
36585291643.404 1978
47360195410.732 1979
64970825731.579 1980
76484536591.282 1981
47533617308.164 1982
31471556545.704 1983
37075773387.391 1984
41148002916.113 1985
38028014129.85 1986
39982908360.609 1987
54664220046.224 1988
66284357814.905 1989
79372066609.927 1990
92689433469.605 1991
112025521965.85 1992
110625167927.4 1993
130635225761.55 1994
107777954287.3 1995
127288939962.4 1996
157270836430.19 1997
179961677523.52 1998
201151833684.79 1999
243456749449.38 2000
242730346596.24 2001
251502267362.75 2002
259078302908.38 2003
277283198862.63 2004
293714509403.69 2005
316351635750.32 2006
334518200662.84 2007
347268516677.41 2008
290362230619.59 2009
340045586257.92 2010
361247540139.95 2011
381649488740.38 2012
395502556649.31 2013
419081778712.84 2014
439821695268.01 2015
450964938141.71 2016
476438143576.4 2017
503138190851.52 2018
497699427579.71 2019
438019206586.45 2020
503939858376.99 2021
548847912064.37 2022
Mexico | Imports of goods and services (constant 2015 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 constant 2015 prices, expressed in U.S. dollars. Development relevance: An economy's growth is measured by the change in the volume of its output or in the real incomes of its residents. The 2008 United Nations System of National Accounts (2008 SNA) offers three plausible indicators for calculating growth: the volume of gross domestic product (GDP), real gross domestic income, and real gross national income. The volume of GDP is the sum of value added, measured at constant prices, by households, government, and industries operating in the economy. GDP accounts for all domestic production, regardless of whether the income accrues to domestic or foreign institutions. 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
United Mexican States
Records
63
Source