Merchandise imports by the reporting economy in High income
High income: Merchandise imports by the reporting economy was 16.00 trillion current US$ in 2023. ◆ Volatile
Latest (2023)
16.00 trillion current US$
Change on year
down 5.2%
Rank
2nd
of 45 groups
All-time high
16.87 trillion current US$
in 2022
All-time low
78.98 billion current US$
in 1960
Years of data
64
1960–2023
Merchandise imports by the reporting economy in High income, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for merchandise imports by the reporting economy in High income is 16.00 trillion current US$, measured in 2023.
That represents a change of down 5.2% on the previous year and up 27.2% over ten years.
Over the whole period, merchandise imports by the reporting economy in High income peaked at 16.87 trillion current US$ in 2022 and was at its lowest, 78.98 billion current US$, in 1960.
High income ranks 2nd of 45 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy in High income, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 78.98 billion current US$ | — |
| 1961 | 83.21 billion current US$ | +5.3% |
| 1962 | 90.04 billion current US$ | +8.2% |
| 1963 | 99.06 billion current US$ | +10.0% |
| 1964 | 111.59 billion current US$ | +12.6% |
| 1965 | 121.86 billion current US$ | +9.2% |
| 1966 | 136.97 billion current US$ | +12.4% |
| 1967 | 144.71 billion current US$ | +5.6% |
| 1968 | 164.86 billion current US$ | +13.9% |
| 1969 | 189.82 billion current US$ | +15.1% |
| 1970 | 220.26 billion current US$ | +16.0% |
| 1971 | 245.79 billion current US$ | +11.6% |
| 1972 | 292.19 billion current US$ | +18.9% |
| 1973 | 403.54 billion current US$ | +38.1% |
| 1974 | 581.42 billion current US$ | +44.1% |
| 1975 | 588.29 billion current US$ | +1.2% |
| 1976 | 683.65 billion current US$ | +16.2% |
| 1977 | 784.02 billion current US$ | +14.7% |
| 1978 | 909.22 billion current US$ | +16.0% |
| 1979 | 1.16 trillion current US$ | +27.6% |
| 1980 | 1.39 trillion current US$ | +20.0% |
| 1981 | 1.36 trillion current US$ | -2.5% |
| 1982 | 1.28 trillion current US$ | -5.7% |
| 1983 | 1.26 trillion current US$ | -1.4% |
| 1984 | 1.37 trillion current US$ | +8.7% |
| 1985 | 1.41 trillion current US$ | +2.9% |
| 1986 | 1.56 trillion current US$ | +10.4% |
| 1987 | 1.84 trillion current US$ | +18.1% |
| 1988 | 2.10 trillion current US$ | +14.2% |
| 1989 | 2.28 trillion current US$ | +8.6% |
| 1990 | 2.60 trillion current US$ | +14.1% |
| 1991 | 2.68 trillion current US$ | +2.9% |
| 1992 | 2.88 trillion current US$ | +7.7% |
| 1993 | 2.82 trillion current US$ | -2.0% |
| 1994 | 3.22 trillion current US$ | +14.1% |
| 1995 | 3.82 trillion current US$ | +18.6% |
| 1996 | 3.99 trillion current US$ | +4.4% |
| 1997 | 4.32 trillion current US$ | +8.1% |
| 1998 | 4.31 trillion current US$ | -0.1% |
| 1999 | 4.69 trillion current US$ | +8.8% |
| 2000 | 5.24 trillion current US$ | +11.7% |
| 2001 | 5.04 trillion current US$ | -3.8% |
| 2002 | 5.22 trillion current US$ | +3.5% |
| 2003 | 6.08 trillion current US$ | +16.5% |
| 2004 | 7.26 trillion current US$ | +19.5% |
| 2005 | 8.16 trillion current US$ | +12.3% |
| 2006 | 9.28 trillion current US$ | +13.7% |
| 2007 | 10.62 trillion current US$ | +14.4% |
| 2008 | 12.04 trillion current US$ | +13.4% |
| 2009 | 9.09 trillion current US$ | -24.5% |
| 2010 | 10.71 trillion current US$ | +17.9% |
| 2011 | 12.56 trillion current US$ | +17.2% |
| 2012 | 12.62 trillion current US$ | +0.5% |
| 2013 | 12.58 trillion current US$ | -0.3% |
| 2014 | 12.71 trillion current US$ | +1.0% |
| 2015 | 11.26 trillion current US$ | -11.5% |
| 2016 | 11.07 trillion current US$ | -1.6% |
| 2017 | 12.15 trillion current US$ | +9.7% |
| 2018 | 13.29 trillion current US$ | +9.4% |
| 2019 | 12.92 trillion current US$ | -2.8% |
| 2020 | 11.88 trillion current US$ | -8.1% |
| 2021 | 14.82 trillion current US$ | +24.8% |
| 2022 | 16.87 trillion current US$ | +13.9% |
| 2023 | 16.00 trillion current US$ | -5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 122.11 billion current US$ | 78.98 billion current US$ | 189.82 billion current US$ | 10 |
| 1970s | 586.82 billion current US$ | 220.26 billion current US$ | 1.16 trillion current US$ | 10 |
| 1980s | 1.58 trillion current US$ | 1.26 trillion current US$ | 2.28 trillion current US$ | 10 |
| 1990s | 3.53 trillion current US$ | 2.60 trillion current US$ | 4.69 trillion current US$ | 10 |
| 2000s | 7.80 trillion current US$ | 5.04 trillion current US$ | 12.04 trillion current US$ | 10 |
| 2010s | 12.19 trillion current US$ | 10.71 trillion current US$ | 13.29 trillion current US$ | 10 |
| 2020s | 14.89 trillion current US$ | 11.88 trillion current US$ | 16.87 trillion current US$ | 4 |
Countries ranked near High income
- 1 United States 3.08 trillion current US$ compare
- 2 China 2.46 trillion current US$ compare
- 3 Germany 1.47 trillion current US$ compare
- 4 Netherlands 838.01 billion current US$ compare
- 5 Japan 785.51 billion current US$ compare
More private sector data for High income
- Merchandise trade 45.2% (2025)
- Food imports 8.9% (2024)
- Manufactures imports 71.2% (2024)
- Merchandise imports 18.36 trillion current US$ (2025)
- Food exports 8.7% (2024)
- Manufactures exports 67.8% (2024)
- Merchandise exports 17.55 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 12,325 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2282 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.52 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy in High income?
- Merchandise imports by the reporting economy in High income was 16.00 trillion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports by the reporting economy recorded in High income?
- The highest recorded value was 16.87 trillion current US$ in 2022.
- What is the lowest merchandise imports by the reporting economy recorded in High income?
- The lowest recorded value was 78.98 billion current US$ in 1960.
- How does High income rank for merchandise imports by the reporting economy?
- High income ranks 2nd out of 45 groups with data for 2023.
- Is merchandise imports by the reporting economy rising or falling in High income?
- Over the last ten years it is up 27.2%. The long-run trend across the full record is volatile.
- Where does this High income 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.