Mexico | 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
United Mexican States
Records
63
Source
Mexico | Imports of goods and services (current US$)
1960 1520944000
1961 1503120000
1962 1536528000
1963 1688128000
1964 1978568000
1965 2079752000
1966 2192168000
1967 2392912000
1968 2746232000
1969 3011216000
1970 3430408000
1971 3417960000
1972 3991120000
1973 5232144000
1974 7612160000
1975 8465680000
1976 8769603267.2112
1977 8373206928.6315
1978 11332164975.623
1979 16750506467.88
1980 25269530739.401
1981 32330287579.033
1982 17919648239.424
1983 14025463387.014
1984 16774715780.442
1985 19065246504.095
1986 17390079326.809
1987 18775902764.727
1988 33950898440.679
1989 42503750802.873
1990 51768004610.682
1991 60602372094.102
1992 73709242760.181
1993 77229254751.146
1994 90814853233.236
1995 79072391841.949
1996 99589465576.973
1997 121630321173.56
1998 138306850712.81
1999 155258243955.95
2000 190555678046.71
2001 184678218802.1
2002 189355937339.41
2003 191730637234.02
2004 220739895659.8
2005 248437817056.73
2006 284933176453.92
2007 313922896028.91
2008 340860425741.28
2009 264902814265.02
2010 334456322123.25
2011 389836031336.22
2012 410653072130.99
2013 423928383606.88
2014 445312781390.94
2015 439821695268.01
2016 432376614131.83
2017 469597181245.76
2018 517202845542.86
2019 507718924410.57
2020 421733704999.18
2021 559543438648.24
2022 666539530787.71

Mexico | 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
United Mexican States
Records
63
Source