Merchandise imports by the reporting economy in IDA & IBRD total
IDA & IBRD total: Merchandise imports by the reporting economy was 8.43 trillion current US$ in 2023. ◆ Volatile
Latest (2023)
8.43 trillion current US$
Change on year
down 4.1%
Rank
6th
of 45 groups
All-time high
8.79 trillion current US$
in 2022
All-time low
19.86 billion current US$
in 1962
Years of data
64
1960–2023
Merchandise imports by the reporting economy in IDA & IBRD total, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2023, merchandise imports by the reporting economy in IDA & IBRD total stood at 8.43 trillion current US$.
The figure is down 4.1% on the previous year and up 32.7% over ten years.
Over the whole period, merchandise imports by the reporting economy in IDA & IBRD total peaked at 8.79 trillion current US$ in 2022 and was at its lowest, 19.86 billion current US$, in 1962.
IDA & IBRD total ranks 6th of 45 groups on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy in IDA & IBRD total, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 20.34 billion current US$ | — |
| 1961 | 21.36 billion current US$ | +5.0% |
| 1962 | 19.86 billion current US$ | -7.0% |
| 1963 | 21.11 billion current US$ | +6.3% |
| 1964 | 24.34 billion current US$ | +15.3% |
| 1965 | 25.19 billion current US$ | +3.5% |
| 1966 | 27.53 billion current US$ | +9.3% |
| 1967 | 29.52 billion current US$ | +7.2% |
| 1968 | 31.72 billion current US$ | +7.5% |
| 1969 | 33.24 billion current US$ | +4.8% |
| 1970 | 37.75 billion current US$ | +13.6% |
| 1971 | 41.53 billion current US$ | +10.0% |
| 1972 | 47.46 billion current US$ | +14.3% |
| 1973 | 68.75 billion current US$ | +44.9% |
| 1974 | 112.11 billion current US$ | +63.1% |
| 1975 | 135.68 billion current US$ | +21.0% |
| 1976 | 140.91 billion current US$ | +3.9% |
| 1977 | 163.73 billion current US$ | +16.2% |
| 1978 | 190.26 billion current US$ | +16.2% |
| 1979 | 216.90 billion current US$ | +14.0% |
| 1980 | 270.61 billion current US$ | +24.8% |
| 1981 | 337.92 billion current US$ | +24.9% |
| 1982 | 302.17 billion current US$ | -10.6% |
| 1983 | 269.82 billion current US$ | -10.7% |
| 1984 | 266.12 billion current US$ | -1.4% |
| 1985 | 270.39 billion current US$ | +1.6% |
| 1986 | 260.82 billion current US$ | -3.5% |
| 1987 | 285.10 billion current US$ | +9.3% |
| 1988 | 329.46 billion current US$ | +15.6% |
| 1989 | 361.92 billion current US$ | +9.9% |
| 1990 | 424.86 billion current US$ | +17.4% |
| 1991 | 482.25 billion current US$ | +13.5% |
| 1992 | 610.17 billion current US$ | +26.5% |
| 1993 | 668.59 billion current US$ | +9.6% |
| 1994 | 761.50 billion current US$ | +13.9% |
| 1995 | 923.21 billion current US$ | +21.2% |
| 1996 | 999.09 billion current US$ | +8.2% |
| 1997 | 1.09 trillion current US$ | +9.6% |
| 1998 | 1.07 trillion current US$ | -2.1% |
| 1999 | 1.08 trillion current US$ | +0.3% |
| 2000 | 1.26 trillion current US$ | +17.1% |
| 2001 | 1.26 trillion current US$ | +0.4% |
| 2002 | 1.35 trillion current US$ | +6.9% |
| 2003 | 1.62 trillion current US$ | +20.2% |
| 2004 | 2.09 trillion current US$ | +28.9% |
| 2005 | 2.47 trillion current US$ | +17.9% |
| 2006 | 2.99 trillion current US$ | +21.1% |
| 2007 | 3.75 trillion current US$ | +25.4% |
| 2008 | 4.72 trillion current US$ | +25.9% |
| 2009 | 3.71 trillion current US$ | -21.3% |
| 2010 | 4.81 trillion current US$ | +29.4% |
| 2011 | 5.91 trillion current US$ | +23.0% |
| 2012 | 6.17 trillion current US$ | +4.4% |
| 2013 | 6.35 trillion current US$ | +2.9% |
| 2014 | 6.34 trillion current US$ | -0.3% |
| 2015 | 5.35 trillion current US$ | -15.5% |
| 2016 | 5.14 trillion current US$ | -4.1% |
| 2017 | 5.92 trillion current US$ | +15.3% |
| 2018 | 6.66 trillion current US$ | +12.4% |
| 2019 | 6.50 trillion current US$ | -2.4% |
| 2020 | 5.96 trillion current US$ | -8.3% |
| 2021 | 7.85 trillion current US$ | +31.7% |
| 2022 | 8.79 trillion current US$ | +12.0% |
| 2023 | 8.43 trillion current US$ | -4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 25.42 billion current US$ | 19.86 billion current US$ | 33.24 billion current US$ | 10 |
| 1970s | 115.51 billion current US$ | 37.75 billion current US$ | 216.90 billion current US$ | 10 |
| 1980s | 295.43 billion current US$ | 260.82 billion current US$ | 361.92 billion current US$ | 10 |
| 1990s | 811.12 billion current US$ | 424.86 billion current US$ | 1.09 trillion current US$ | 10 |
| 2000s | 2.52 trillion current US$ | 1.26 trillion current US$ | 4.72 trillion current US$ | 10 |
| 2010s | 5.92 trillion current US$ | 4.81 trillion current US$ | 6.66 trillion current US$ | 10 |
| 2020s | 7.76 trillion current US$ | 5.96 trillion current US$ | 8.79 trillion current US$ | 4 |
Countries ranked near IDA & IBRD total
- 3 Germany 1.47 trillion current US$ compare
- 4 Netherlands 838.01 billion current US$ compare
- 5 Japan 785.51 billion current US$ compare
- 6 France 783.36 billion current US$ compare
- 7 United Kingdom of Great Britain and Northern Ireland 721.75 billion current US$ compare
- 8 India 666.53 billion current US$ compare
- 9 Hong Kong 655.42 billion current US$ compare
More private sector data for IDA & IBRD total
- Merchandise trade 42.2% (2025)
- Food imports 9.0% (2024)
- Manufactures imports 59.3% (2024)
- Merchandise imports 9.47 trillion current US$ (2025)
- Food exports 10.9% (2024)
- Manufactures exports 71.8% (2024)
- Merchandise exports 10.03 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 1,434 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2169 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 6.09 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy in IDA & IBRD total?
- Merchandise imports by the reporting economy in IDA & IBRD total was 8.43 trillion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports by the reporting economy recorded in IDA & IBRD total?
- The highest recorded value was 8.79 trillion current US$ in 2022.
- What is the lowest merchandise imports by the reporting economy recorded in IDA & IBRD total?
- The lowest recorded value was 19.86 billion current US$ in 1962.
- How does IDA & IBRD total rank for merchandise imports by the reporting economy?
- IDA & IBRD total ranks 6th out of 45 groups with data for 2023.
- Is merchandise imports by the reporting economy rising or falling in IDA & IBRD total?
- Over the last ten years it is up 32.7%. The long-run trend across the full record is volatile.
- Where does this IDA & IBRD total 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.