Merchandise imports by the reporting economy (current US$) in North America
North America: Merchandise imports by the reporting economy (current US$) was 3.67 trillion current US$ in 2023. ◆ Volatile
Latest (2023)
3.67 trillion current US$
Change on year
down 4.4%
Rank
17th
of 47 groups
All-time high
3.84 trillion current US$
in 2022
All-time low
21.12 billion current US$
in 1961
Years of data
64
1960–2023
Merchandise imports by the reporting economy in North America, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
North America recorded 3.67 trillion current US$ for merchandise imports by the reporting economy in 2023.
Compared with earlier readings it is down 4.4% on the previous year and up 33.3% over ten years.
Over the whole period, merchandise imports by the reporting economy in North America peaked at 3.84 trillion current US$ in 2022 and was at its lowest, 21.12 billion current US$, in 1961.
North America ranks 17th of 47 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy (current US$) in North America, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 21.29 billion current US$ | — |
| 1961 | 21.12 billion current US$ | -0.8% |
| 1962 | 22.92 billion current US$ | +8.5% |
| 1963 | 23.99 billion current US$ | +4.7% |
| 1964 | 26.68 billion current US$ | +11.2% |
| 1965 | 30.48 billion current US$ | +14.3% |
| 1966 | 36.52 billion current US$ | +19.8% |
| 1967 | 38.71 billion current US$ | +6.0% |
| 1968 | 46.41 billion current US$ | +19.9% |
| 1969 | 51.27 billion current US$ | +10.5% |
| 1970 | 55.68 billion current US$ | +8.6% |
| 1971 | 64.08 billion current US$ | +15.1% |
| 1972 | 78.17 billion current US$ | +22.0% |
| 1973 | 96.94 billion current US$ | +24.0% |
| 1974 | 140.17 billion current US$ | +44.6% |
| 1975 | 138.70 billion current US$ | -1.0% |
| 1976 | 170.39 billion current US$ | +22.9% |
| 1977 | 200.05 billion current US$ | +17.4% |
| 1978 | 229.60 billion current US$ | +14.8% |
| 1979 | 275.39 billion current US$ | +19.9% |
| 1980 | 315.20 billion current US$ | +14.5% |
| 1981 | 338.92 billion current US$ | +7.5% |
| 1982 | 309.31 billion current US$ | -8.7% |
| 1983 | 331.42 billion current US$ | +7.1% |
| 1984 | 414.87 billion current US$ | +25.2% |
| 1985 | 439.51 billion current US$ | +5.9% |
| 1986 | 469.19 billion current US$ | +6.8% |
| 1987 | 513.51 billion current US$ | +9.4% |
| 1988 | 568.85 billion current US$ | +10.8% |
| 1989 | 609.34 billion current US$ | +7.1% |
| 1990 | 635.73 billion current US$ | +4.3% |
| 1991 | 629.08 billion current US$ | -1.0% |
| 1992 | 677.25 billion current US$ | +7.7% |
| 1993 | 737.86 billion current US$ | +8.9% |
| 1994 | 841.21 billion current US$ | +14.0% |
| 1995 | 940.46 billion current US$ | +11.8% |
| 1996 | 993.25 billion current US$ | +5.6% |
| 1997 | 1.11 trillion current US$ | +11.8% |
| 1998 | 1.16 trillion current US$ | +4.5% |
| 1999 | 1.28 trillion current US$ | +10.5% |
| 2000 | 1.49 trillion current US$ | +16.0% |
| 2001 | 1.41 trillion current US$ | -5.1% |
| 2002 | 1.44 trillion current US$ | +1.7% |
| 2003 | 1.56 trillion current US$ | +8.5% |
| 2004 | 1.81 trillion current US$ | +16.2% |
| 2005 | 2.06 trillion current US$ | +13.9% |
| 2006 | 2.29 trillion current US$ | +10.9% |
| 2007 | 2.42 trillion current US$ | +5.7% |
| 2008 | 2.60 trillion current US$ | +7.4% |
| 2009 | 1.94 trillion current US$ | -25.2% |
| 2010 | 2.38 trillion current US$ | +22.6% |
| 2011 | 2.68 trillion current US$ | +12.7% |
| 2012 | 2.76 trillion current US$ | +3.0% |
| 2013 | 2.75 trillion current US$ | -0.3% |
| 2014 | 2.83 trillion current US$ | +2.9% |
| 2015 | 2.68 trillion current US$ | -5.3% |
| 2016 | 2.61 trillion current US$ | -2.6% |
| 2017 | 2.79 trillion current US$ | +6.9% |
| 2018 | 3.02 trillion current US$ | +8.0% |
| 2019 | 2.97 trillion current US$ | -1.7% |
| 2020 | 2.76 trillion current US$ | -7.1% |
| 2021 | 3.34 trillion current US$ | +21.2% |
| 2022 | 3.84 trillion current US$ | +14.9% |
| 2023 | 3.67 trillion current US$ | -4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 31.94 billion current US$ | 21.12 billion current US$ | 51.27 billion current US$ | 10 |
| 1970s | 144.91 billion current US$ | 55.68 billion current US$ | 275.39 billion current US$ | 10 |
| 1980s | 431.01 billion current US$ | 309.31 billion current US$ | 609.34 billion current US$ | 10 |
| 1990s | 900.91 billion current US$ | 629.08 billion current US$ | 1.28 trillion current US$ | 10 |
| 2000s | 1.90 trillion current US$ | 1.41 trillion current US$ | 2.60 trillion current US$ | 10 |
| 2010s | 2.75 trillion current US$ | 2.38 trillion current US$ | 3.02 trillion current US$ | 10 |
| 2020s | 3.40 trillion current US$ | 2.76 trillion current US$ | 3.84 trillion current US$ | 4 |
Countries ranked near North America
- 14 Belgium 555.30 billion current US$ compare
- 15 Spain 468.47 billion current US$ compare
- 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 Turkey 337.27 billion current US$ compare
More private sector data for North America
- Merchandise trade 20.6% (2025)
- Food imports 7.1% (2025)
- Manufactures imports 78.2% (2025)
- Merchandise imports 4.09 trillion current US$ (2025)
- Commercial service imports 1.05 trillion current US$ (2025)
- Food exports 10.0% (2025)
- Manufactures exports 51.8% (2025)
- Merchandise exports 2.74 trillion current US$ (2025)
- Commercial service exports 1.39 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 7,145 current US$ per person (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy in North America?
- Merchandise imports by the reporting economy in North America was 3.67 trillion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports by the reporting economy recorded in North America?
- The highest recorded value was 3.84 trillion current US$ in 2022.
- What is the lowest merchandise imports by the reporting economy recorded in North America?
- The lowest recorded value was 21.12 billion current US$ in 1961.
- How does North America rank for merchandise imports by the reporting economy?
- North America ranks 17th out of 47 groups with data for 2023.
- Is merchandise imports by the reporting economy rising or falling in North America?
- Over the last ten years it is up 33.3%. The long-run trend across the full record is volatile.
- Where does this North America 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.