Merchandise imports by the reporting economy in Europe & Central Asia (IDA & IBRD countries)
Europe & Central Asia (IDA & IBRD countries): Merchandise imports by the reporting economy was 1.58 trillion current US$ in 2023. ◆ Volatile
Latest (2023)
1.58 trillion current US$
Change on year
up 5.7%
Rank
19th
of 47 groups
All-time high
1.58 trillion current US$
in 2023
All-time low
708.52 million current US$
in 1960
Years of data
64
1960–2023
Merchandise imports by the reporting economy in Europe & Central Asia (IDA & IBRD countries), 1960–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2023, merchandise imports by the reporting economy in Europe & Central Asia (IDA & IBRD countries) stood at 1.58 trillion current US$. That is the highest value across all 64 years on record.
The figure is up 5.7% on the previous year and up 32.6% over ten years.
Over the whole period, merchandise imports by the reporting economy in Europe & Central Asia (IDA & IBRD countries) peaked at 1.58 trillion current US$ in 2023 and was at its lowest, 708.52 million current US$, in 1960.
Europe & Central Asia (IDA & IBRD countries) ranks 19th of 47 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy in Europe & Central Asia (IDA & IBRD countries), year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 708.52 million current US$ | — |
| 1961 | 865.36 million current US$ | +22.1% |
| 1962 | 1.03 billion current US$ | +18.6% |
| 1963 | 1.11 billion current US$ | +7.7% |
| 1964 | 1.02 billion current US$ | -8.0% |
| 1965 | 1.10 billion current US$ | +8.1% |
| 1966 | 1.36 billion current US$ | +23.7% |
| 1967 | 1.58 billion current US$ | +16.4% |
| 1968 | 1.69 billion current US$ | +7.0% |
| 1969 | 1.78 billion current US$ | +5.1% |
| 1970 | 3.42 billion current US$ | +92.3% |
| 1971 | 3.95 billion current US$ | +15.5% |
| 1972 | 5.56 billion current US$ | +40.7% |
| 1973 | 8.64 billion current US$ | +55.3% |
| 1974 | 14.05 billion current US$ | +62.6% |
| 1975 | 16.15 billion current US$ | +15.0% |
| 1976 | 17.89 billion current US$ | +10.7% |
| 1977 | 18.76 billion current US$ | +4.9% |
| 1978 | 20.10 billion current US$ | +7.1% |
| 1979 | 22.96 billion current US$ | +14.3% |
| 1980 | 28.11 billion current US$ | +22.4% |
| 1981 | 27.39 billion current US$ | -2.6% |
| 1982 | 22.85 billion current US$ | -16.6% |
| 1983 | 22.38 billion current US$ | -2.0% |
| 1984 | 23.78 billion current US$ | +6.2% |
| 1985 | 25.85 billion current US$ | +8.7% |
| 1986 | 24.20 billion current US$ | -6.4% |
| 1987 | 28.61 billion current US$ | +18.3% |
| 1988 | 30.46 billion current US$ | +6.5% |
| 1989 | 31.04 billion current US$ | +1.9% |
| 1990 | 37.60 billion current US$ | +21.1% |
| 1991 | 39.28 billion current US$ | +4.5% |
| 1992 | 86.47 billion current US$ | +120.1% |
| 1993 | 98.25 billion current US$ | +13.6% |
| 1994 | 121.83 billion current US$ | +24.0% |
| 1995 | 167.61 billion current US$ | +37.6% |
| 1996 | 186.50 billion current US$ | +11.3% |
| 1997 | 211.13 billion current US$ | +13.2% |
| 1998 | 201.39 billion current US$ | -4.6% |
| 1999 | 173.75 billion current US$ | -13.7% |
| 2000 | 205.68 billion current US$ | +18.4% |
| 2001 | 205.89 billion current US$ | +0.1% |
| 2002 | 236.53 billion current US$ | +14.9% |
| 2003 | 306.37 billion current US$ | +29.5% |
| 2004 | 403.25 billion current US$ | +31.6% |
| 2005 | 489.52 billion current US$ | +21.4% |
| 2006 | 631.16 billion current US$ | +28.9% |
| 2007 | 853.51 billion current US$ | +35.2% |
| 2008 | 1.09 trillion current US$ | +27.5% |
| 2009 | 723.73 billion current US$ | -33.5% |
| 2010 | 893.71 billion current US$ | +23.5% |
| 2011 | 1.10 trillion current US$ | +23.5% |
| 2012 | 1.15 trillion current US$ | +4.1% |
| 2013 | 1.19 trillion current US$ | +3.4% |
| 2014 | 1.14 trillion current US$ | -3.9% |
| 2015 | 901.85 billion current US$ | -21.1% |
| 2016 | 885.01 billion current US$ | -1.9% |
| 2017 | 1.05 trillion current US$ | +18.3% |
| 2018 | 1.14 trillion current US$ | +8.5% |
| 2019 | 1.13 trillion current US$ | -0.5% |
| 2020 | 1.07 trillion current US$ | -4.8% |
| 2021 | 1.36 trillion current US$ | +26.7% |
| 2022 | 1.49 trillion current US$ | +9.6% |
| 2023 | 1.58 trillion current US$ | +5.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.22 billion current US$ | 708.52 million current US$ | 1.78 billion current US$ | 10 |
| 1970s | 13.15 billion current US$ | 3.42 billion current US$ | 22.96 billion current US$ | 10 |
| 1980s | 26.47 billion current US$ | 22.38 billion current US$ | 31.04 billion current US$ | 10 |
| 1990s | 132.38 billion current US$ | 37.60 billion current US$ | 211.13 billion current US$ | 10 |
| 2000s | 514.36 billion current US$ | 205.68 billion current US$ | 1.09 trillion current US$ | 10 |
| 2010s | 1.06 trillion current US$ | 885.01 billion current US$ | 1.19 trillion current US$ | 10 |
| 2020s | 1.38 trillion current US$ | 1.07 trillion current US$ | 1.58 trillion current US$ | 4 |
Countries ranked near Europe & Central Asia (IDA & IBRD countries)
- 16 Singapore 423.28 billion current US$ compare
- 17 United Arab Emirates 391.80 billion current US$ compare
- 18 Poland 367.30 billion current US$ compare
- 19 Switzerland 364.05 billion current US$ compare
- 20 Türkiye 337.27 billion current US$ compare
- 21 Viet Nam 318.47 billion current US$ compare
- 22 Australia 287.89 billion current US$ compare
More private sector data for Europe & Central Asia (IDA & IBRD countries)
- Merchandise trade 47.8% (2025)
- Food imports 9.5% (2024)
- Manufactures imports 69.1% (2024)
- Merchandise imports 1.78 trillion current US$ (2025)
- Food exports 11.3% (2021)
- Manufactures exports 49.6% (2021)
- Merchandise exports 1.60 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 3,468 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2266 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 2.64 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy in Europe & Central Asia (IDA & IBRD countries)?
- Merchandise imports by the reporting economy in Europe & Central Asia (IDA & IBRD countries) was 1.58 trillion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports by the reporting economy recorded in Europe & Central Asia (IDA & IBRD countries)?
- The highest recorded value was 1.58 trillion current US$ in 2023.
- What is the lowest merchandise imports by the reporting economy recorded in Europe & Central Asia (IDA & IBRD countries)?
- The lowest recorded value was 708.52 million current US$ in 1960.
- How does Europe & Central Asia (IDA & IBRD countries) rank for merchandise imports by the reporting economy?
- Europe & Central Asia (IDA & IBRD countries) ranks 19th out of 47 groups with data for 2023.
- Is merchandise imports by the reporting economy rising or falling in Europe & Central Asia (IDA & IBRD countries)?
- Over the last ten years it is up 32.6%. The long-run trend across the full record is volatile.
- Where does this Europe & Central Asia (IDA & IBRD countries) data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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About this data
Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.