Merchandise imports by the reporting economy (current US$) in World
World: Merchandise imports by the reporting economy (current US$) was 23.45 trillion current US$ in 2023. ◆ Volatile
Latest (2023)
23.45 trillion current US$
Change on year
down 5.0%
Rank
1st
of 47 groups
All-time high
24.67 trillion current US$
in 2022
All-time low
97.80 billion current US$
in 1960
Years of data
64
1960–2023
Merchandise imports by the reporting economy in World, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2023, merchandise imports by the reporting economy in World stood at 23.45 trillion current US$.
Compared with earlier readings it is down 5.0% on the previous year and up 29.0% over ten years.
Over the whole period, merchandise imports by the reporting economy in World peaked at 24.67 trillion current US$ in 2022 and was at its lowest, 97.80 billion current US$, in 1960.
That places World 1st out of 47 groups with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy (current US$) in World, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 97.80 billion current US$ | — |
| 1961 | 102.75 billion current US$ | +5.1% |
| 1962 | 108.12 billion current US$ | +5.2% |
| 1963 | 118.21 billion current US$ | +9.3% |
| 1964 | 133.78 billion current US$ | +13.2% |
| 1965 | 144.79 billion current US$ | +8.2% |
| 1966 | 161.91 billion current US$ | +11.8% |
| 1967 | 171.41 billion current US$ | +5.9% |
| 1968 | 193.70 billion current US$ | +13.0% |
| 1969 | 219.84 billion current US$ | +13.5% |
| 1970 | 252.92 billion current US$ | +15.0% |
| 1971 | 281.72 billion current US$ | +11.4% |
| 1972 | 332.64 billion current US$ | +18.1% |
| 1973 | 462.14 billion current US$ | +38.9% |
| 1974 | 676.97 billion current US$ | +46.5% |
| 1975 | 706.75 billion current US$ | +4.4% |
| 1976 | 805.39 billion current US$ | +14.0% |
| 1977 | 927.44 billion current US$ | +15.2% |
| 1978 | 1.08 trillion current US$ | +16.0% |
| 1979 | 1.35 trillion current US$ | +25.3% |
| 1980 | 1.63 trillion current US$ | +20.8% |
| 1981 | 1.67 trillion current US$ | +2.2% |
| 1982 | 1.56 trillion current US$ | -6.4% |
| 1983 | 1.51 trillion current US$ | -3.1% |
| 1984 | 1.62 trillion current US$ | +7.0% |
| 1985 | 1.66 trillion current US$ | +2.7% |
| 1986 | 1.80 trillion current US$ | +8.3% |
| 1987 | 2.10 trillion current US$ | +16.8% |
| 1988 | 2.40 trillion current US$ | +14.4% |
| 1989 | 2.61 trillion current US$ | +8.8% |
| 1990 | 3.00 trillion current US$ | +14.7% |
| 1991 | 3.13 trillion current US$ | +4.3% |
| 1992 | 3.42 trillion current US$ | +9.3% |
| 1993 | 3.42 trillion current US$ | -0.1% |
| 1994 | 3.89 trillion current US$ | +13.9% |
| 1995 | 4.63 trillion current US$ | +18.9% |
| 1996 | 4.86 trillion current US$ | +5.1% |
| 1997 | 5.26 trillion current US$ | +8.2% |
| 1998 | 5.24 trillion current US$ | -0.5% |
| 1999 | 5.64 trillion current US$ | +7.7% |
| 2000 | 6.37 trillion current US$ | +12.9% |
| 2001 | 6.16 trillion current US$ | -3.2% |
| 2002 | 6.41 trillion current US$ | +4.0% |
| 2003 | 7.50 trillion current US$ | +17.0% |
| 2004 | 9.10 trillion current US$ | +21.3% |
| 2005 | 10.31 trillion current US$ | +13.3% |
| 2006 | 11.87 trillion current US$ | +15.1% |
| 2007 | 13.82 trillion current US$ | +16.4% |
| 2008 | 16.05 trillion current US$ | +16.2% |
| 2009 | 12.34 trillion current US$ | -23.1% |
| 2010 | 14.94 trillion current US$ | +21.1% |
| 2011 | 17.77 trillion current US$ | +19.0% |
| 2012 | 18.04 trillion current US$ | +1.5% |
| 2013 | 18.17 trillion current US$ | +0.7% |
| 2014 | 18.30 trillion current US$ | +0.7% |
| 2015 | 16.02 trillion current US$ | -12.4% |
| 2016 | 15.62 trillion current US$ | -2.5% |
| 2017 | 17.38 trillion current US$ | +11.3% |
| 2018 | 19.18 trillion current US$ | +10.3% |
| 2019 | 18.66 trillion current US$ | -2.7% |
| 2020 | 17.11 trillion current US$ | -8.3% |
| 2021 | 21.72 trillion current US$ | +26.9% |
| 2022 | 24.67 trillion current US$ | +13.6% |
| 2023 | 23.45 trillion current US$ | -5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 145.23 billion current US$ | 97.80 billion current US$ | 219.84 billion current US$ | 10 |
| 1970s | 686.99 billion current US$ | 252.92 billion current US$ | 1.35 trillion current US$ | 10 |
| 1980s | 1.86 trillion current US$ | 1.51 trillion current US$ | 2.61 trillion current US$ | 10 |
| 1990s | 4.25 trillion current US$ | 3.00 trillion current US$ | 5.64 trillion current US$ | 10 |
| 2000s | 9.99 trillion current US$ | 6.16 trillion current US$ | 16.05 trillion current US$ | 10 |
| 2010s | 17.41 trillion current US$ | 14.94 trillion current US$ | 19.18 trillion current US$ | 10 |
| 2020s | 21.74 trillion current US$ | 17.11 trillion current US$ | 24.67 trillion current US$ | 4 |
Countries ranked near World
- 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
More private sector data for World
- Merchandise trade 43.9% (2025)
- Food imports 8.9% (2024)
- Manufactures imports 67.4% (2024)
- Merchandise imports 26.69 trillion current US$ (2025)
- Food exports 9.1% (2024)
- Manufactures exports 69.3% (2024)
- Merchandise exports 26.39 trillion current US$ (2025)
- Merchandise exports (current US$), per capita 3,212 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.223 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.17 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy in World?
- Merchandise imports by the reporting economy in World was 23.45 trillion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports by the reporting economy recorded in World?
- The highest recorded value was 24.67 trillion current US$ in 2022.
- What is the lowest merchandise imports by the reporting economy recorded in World?
- The lowest recorded value was 97.80 billion current US$ in 1960.
- How does World rank for merchandise imports by the reporting economy?
- World ranks 1st out of 47 groups with data for 2023.
- Is merchandise imports by the reporting economy rising or falling in World?
- Over the last ten years it is up 29.0%. The long-run trend across the full record is volatile.
- Where does this World 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.