Merchandise imports by the reporting economy in OECD members

OECD members: Merchandise imports by the reporting economy was 14.63 trillion current US$ in 2023. ◆ Volatile

Latest (2023)
14.63 trillion current US$
Change on year
down 5.9%
Rank
3rd
of 48 groups
All-time high
15.55 trillion current US$
in 2022
All-time low
78.58 billion current US$
in 1960
Years of data
64
1960–2023

Merchandise imports by the reporting economy in OECD members, 1960–2023

05.0T10.0T15.0T196019912023

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

The most recent figure for merchandise imports by the reporting economy in OECD members is 14.63 trillion current US$, measured in 2023.

The figure is down 5.9% on the previous year and up 28.3% over ten years.

Over the whole period, merchandise imports by the reporting economy in OECD members peaked at 15.55 trillion current US$ in 2022 and was at its lowest, 78.58 billion current US$, in 1960.

OECD members ranks 3rd of 48 groups on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 120.13 billion current US$ 78.58 billion current US$ 184.40 billion current US$ 10
1970s 555.92 billion current US$ 213.78 billion current US$ 1.08 trillion current US$ 10
1980s 1.48 trillion current US$ 1.15 trillion current US$ 2.13 trillion current US$ 10
1990s 3.27 trillion current US$ 2.45 trillion current US$ 4.44 trillion current US$ 10
2000s 7.28 trillion current US$ 4.77 trillion current US$ 11.05 trillion current US$ 10
2010s 11.08 trillion current US$ 9.81 trillion current US$ 12.08 trillion current US$ 10
2020s 13.60 trillion current US$ 10.80 trillion current US$ 15.55 trillion current US$ 4

Countries ranked near OECD members

  1. 1 United States 3.08 trillion current US$ compare
  2. 2 China 2.46 trillion current US$ compare
  3. 3 Germany 1.47 trillion current US$ compare
  4. 4 Netherlands 838.01 billion current US$ compare
  5. 5 Japan 785.51 billion current US$ compare
  6. 6 France 783.36 billion current US$ compare

See the full ranking of 252 places →

More private sector data for OECD members

All data for OECD members →

Frequently asked questions

What is merchandise imports by the reporting economy in OECD members?
Merchandise imports by the reporting economy in OECD members was 14.63 trillion current US$ in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise imports by the reporting economy recorded in OECD members?
The highest recorded value was 15.55 trillion current US$ in 2022.
What is the lowest merchandise imports by the reporting economy recorded in OECD members?
The lowest recorded value was 78.58 billion current US$ in 1960.
How does OECD members rank for merchandise imports by the reporting economy?
OECD members ranks 3rd out of 48 groups with data for 2023.
Is merchandise imports by the reporting economy rising or falling in OECD members?
Over the last ten years it is up 28.3%. The long-run trend across the full record is volatile.
Where does this OECD members 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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CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Merchandise imports by the reporting economy (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 13,499 data points, 1960–2023
Last refreshed

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.