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