Merchandise imports by the reporting economy (current US$), annual in European Union
European Union: Merchandise imports by the reporting economy (current US$), annual was -5.73 % change on previous year in 2023. ◆ Volatile
Latest (2023)
-5.73 % change on previous year
Change on year
down 137.7%
Rank
2nd
of 3 groups
All-time high
40.01 % change on previous year
in 1973
All-time low
-25.03 % change on previous year
in 2009
Years of data
63
1961–2023
Merchandise imports by the reporting economy (current US$), annual in European Union, 1961–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
European Union recorded -5.73 % change on previous year for merchandise imports by the reporting economy (current us$), annual in 2023.
Compared with earlier readings it is down 137.7% on the previous year and down 463.4% over ten years.
Over the whole period, merchandise imports by the reporting economy (current us$), annual in European Union peaked at 40.01 % change on previous year in 1973 and was at its lowest, -25.03 % change on previous year, in 2009.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy (current US$), annual in European Union, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 9.94 % change on previous year | — |
| 1962 | 10.73 % change on previous year | +7.9% |
| 1963 | 11.21 % change on previous year | +4.4% |
| 1964 | 12.56 % change on previous year | +12.1% |
| 1965 | 11.08 % change on previous year | -11.8% |
| 1966 | 9.58 % change on previous year | -13.6% |
| 1967 | 2.44 % change on previous year | -74.5% |
| 1968 | 10.66 % change on previous year | +336.8% |
| 1969 | 20.89 % change on previous year | +95.9% |
| 1970 | 19.95 % change on previous year | -4.5% |
| 1971 | 10.96 % change on previous year | -45.1% |
| 1972 | 19.41 % change on previous year | +77.2% |
| 1973 | 40.01 % change on previous year | +106.1% |
| 1974 | 39.8 % change on previous year | -0.5% |
| 1975 | 4.26 % change on previous year | -89.3% |
| 1976 | 14.6 % change on previous year | +242.5% |
| 1977 | 12.07 % change on previous year | -17.3% |
| 1978 | 15.29 % change on previous year | +26.7% |
| 1979 | 30.95 % change on previous year | +102.4% |
| 1980 | 20.94 % change on previous year | -32.3% |
| 1981 | -10.85 % change on previous year | -151.8% |
| 1982 | -5.8 % change on previous year | -46.6% |
| 1983 | -5.38 % change on previous year | -7.3% |
| 1984 | 0.7258 % change on previous year | -113.5% |
| 1985 | 5.46 % change on previous year | +652.5% |
| 1986 | 16.9 % change on previous year | +209.4% |
| 1987 | 22.75 % change on previous year | +34.6% |
| 1988 | 11.11 % change on previous year | -51.2% |
| 1989 | 8.51 % change on previous year | -23.4% |
| 1990 | 22.23 % change on previous year | +161.1% |
| 1991 | 4.69 % change on previous year | -78.9% |
| 1992 | 5.35 % change on previous year | +14.1% |
| 1993 | -10.64 % change on previous year | -298.9% |
| 1994 | 14.15 % change on previous year | -233.0% |
| 1995 | 22.03 % change on previous year | +55.7% |
| 1996 | 2.62 % change on previous year | -88.1% |
| 1997 | 11.53 % change on previous year | +340.3% |
| 1998 | 6.09 % change on previous year | -47.2% |
| 1999 | 8.66 % change on previous year | +42.4% |
| 2000 | 7.98 % change on previous year | -7.9% |
| 2001 | -1.09 % change on previous year | -113.7% |
| 2002 | 4.99 % change on previous year | -557.0% |
| 2003 | 22.4 % change on previous year | +348.9% |
| 2004 | 20.69 % change on previous year | -7.6% |
| 2005 | 10.12 % change on previous year | -51.1% |
| 2006 | 14.54 % change on previous year | +43.7% |
| 2007 | 18.7 % change on previous year | +28.7% |
| 2008 | 13.49 % change on previous year | -27.8% |
| 2009 | -25.03 % change on previous year | -285.5% |
| 2010 | 12.72 % change on previous year | -150.8% |
| 2011 | 17.59 % change on previous year | +38.3% |
| 2012 | -6.96 % change on previous year | -139.6% |
| 2013 | 1.58 % change on previous year | -122.6% |
| 2014 | 1.65 % change on previous year | +4.8% |
| 2015 | -13.83 % change on previous year | -937.1% |
| 2016 | 0.226 % change on previous year | -101.6% |
| 2017 | 11.61 % change on previous year | +5039.9% |
| 2018 | 11.41 % change on previous year | -1.7% |
| 2019 | -3.58 % change on previous year | -131.3% |
| 2020 | -7.05 % change on previous year | +97.2% |
| 2021 | 26.05 % change on previous year | -469.5% |
| 2022 | 15.2 % change on previous year | -41.6% |
| 2023 | -5.73 % change on previous year | -137.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 11.01 % change on previous year | 2.44 % change on previous year | 20.89 % change on previous year | 9 |
| 1970s | 20.73 % change on previous year | 4.26 % change on previous year | 40.01 % change on previous year | 10 |
| 1980s | 6.44 % change on previous year | -10.85 % change on previous year | 22.75 % change on previous year | 10 |
| 1990s | 8.67 % change on previous year | -10.64 % change on previous year | 22.23 % change on previous year | 10 |
| 2000s | 8.68 % change on previous year | -25.03 % change on previous year | 22.4 % change on previous year | 10 |
| 2010s | 3.24 % change on previous year | -13.83 % change on previous year | 17.59 % change on previous year | 10 |
| 2020s | 7.12 % change on previous year | -7.05 % change on previous year | 26.05 % change on previous year | 4 |
Countries ranked near European Union
- 1 Gambia 167.41 % change on previous year compare
- 2 Congo, Democratic Republic of the 122.92 % change on previous year compare
- 3 Malawi 98.13 % change on previous year compare
- 4 Kazakhstan 97.6 % change on previous year compare
- 5 Congo 64.09 % change on previous year compare
More private sector data for European Union
- Merchandise trade 70.9% (2025)
- Food imports 10.7% (2024)
- Manufactures imports 70.7% (2024)
- Merchandise imports 7.41 trillion current US$ (2025)
- Food exports 11.0% (2024)
- Manufactures exports 76.6% (2024)
- Merchandise exports 7.66 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 16,988 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.3608 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.82 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy (current us$), annual in European Union?
- Merchandise imports by the reporting economy (current us$), annual in European Union was -5.73 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest merchandise imports by the reporting economy (current us$), annual recorded in European Union?
- The highest recorded value was 40.01 % change on previous year in 1973.
- What is the lowest merchandise imports by the reporting economy (current us$), annual recorded in European Union?
- The lowest recorded value was -25.03 % change on previous year in 2009.
- How does European Union rank for merchandise imports by the reporting economy (current us$), annual?
- European Union ranks 2nd out of 3 groups with data for 2023.
- Is merchandise imports by the reporting economy (current us$), annual rising or falling in European Union?
- Over the last ten years it is down 463.4%. The long-run trend across the full record is volatile.
- Where does this European Union data come from?
- The figures come from Statizoid (derived), published as part of Merchandise imports by the reporting economy (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Merchandise imports by the reporting economy (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Merchandise imports by the reporting economy Staff estimates, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Merchandise imports by the reporting economy (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.