North America - Imports of goods and services

Imports of goods and services (BoP, current US$)

The latest value for Imports of goods and services (BoP, current US$) in North America was $3,330,810,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $3,713,180,000,000 in 2018 and $71,558,330,000 in 1970.

Definition: Imports of goods and services comprise all transactions between residents of a country and the rest of the world involving a change of ownership from nonresidents to residents of general merchandise, nonmonetary gold, and services. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1970 $71,558,330,000
1971 $80,426,700,000
1972 $95,867,880,000
1973 $117,611,000,000
1974 $163,853,000,000
1975 $161,738,000,000
1976 $195,513,000,000
1977 $228,104,000,000
1978 $260,629,000,000
1979 $311,077,000,000
1980 $361,265,000,000
1981 $388,874,000,000
1982 $365,947,000,000
1983 $397,386,000,000
1984 $486,716,000,000
1985 $502,633,000,000
1986 $547,317,000,000
1987 $608,133,000,000
1988 $674,615,000,000
1989 $721,940,000,000
1990 $764,508,000,000
1991 $761,854,000,000
1992 $813,939,000,000
1993 $881,850,000,000
1994 $985,228,000,000
1995 $1,090,850,000,000
1996 $1,165,160,000,000
1997 $1,280,220,000,000
1998 $1,341,240,000,000
1999 $1,492,580,000,000
2000 $1,740,550,000,000
2001 $1,644,880,000,000
2002 $1,678,490,000,000
2003 $1,820,840,000,000
2004 $2,117,390,000,000
2005 $2,394,980,000,000
2006 $2,659,160,000,000
2007 $2,845,140,000,000
2008 $3,071,710,000,000
2009 $2,402,050,000,000
2010 $2,877,570,000,000
2011 $3,268,330,000,000
2012 $3,364,640,000,000
2013 $3,350,950,000,000
2014 $3,468,150,000,000
2015 $3,308,020,000,000
2016 $3,239,600,000,000
2017 $3,460,660,000,000
2018 $3,713,180,000,000
2019 $3,695,970,000,000
2020 $3,330,810,000,000

Imports of goods and services (current US$)

The latest value for Imports of goods and services (current US$) in North America was $3,293,090,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $3,721,070,000,000 in 2018 and $73,127,890,000 in 1970.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 $73,127,890,000
1971 $82,000,540,000
1972 $97,682,790,000
1973 $119,684,000,000
1974 $166,330,000,000
1975 $164,499,000,000
1976 $198,061,000,000
1977 $231,524,000,000
1978 $265,732,000,000
1979 $316,038,000,000
1980 $364,948,000,000
1981 $396,992,000,000
1982 $370,794,000,000
1983 $403,330,000,000
1984 $492,915,000,000
1985 $510,134,000,000
1986 $552,004,000,000
1987 $616,740,000,000
1988 $683,305,000,000
1989 $733,349,000,000
1990 $778,695,000,000
1991 $776,304,000,000
1992 $825,986,000,000
1993 $889,010,000,000
1994 $997,288,000,000
1995 $1,102,920,000,000
1996 $1,173,730,000,000
1997 $1,293,610,000,000
1998 $1,357,680,000,000
1999 $1,512,800,000,000
2000 $1,765,300,000,000
2001 $1,672,750,000,000
2002 $1,709,820,000,000
2003 $1,853,430,000,000
2004 $2,149,100,000,000
2005 $2,428,790,000,000
2006 $2,688,830,000,000
2007 $2,867,610,000,000
2008 $3,084,550,000,000
2009 $2,415,060,000,000
2010 $2,893,170,000,000
2011 $3,267,620,000,000
2012 $3,360,310,000,000
2013 $3,357,020,000,000
2014 $3,478,510,000,000
2015 $3,330,520,000,000
2016 $3,257,370,000,000
2017 $3,480,320,000,000
2018 $3,721,070,000,000
2019 $3,701,550,000,000
2020 $3,293,090,000,000

Imports of goods and services (constant 2010 US$)

The latest value for Imports of goods and services (constant 2010 US$) in North America was 3,358,060,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 3,699,900,000,000 in 2019 and 316,608,000,000 in 1970.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 316,608,000,000
1971 334,320,000,000
1972 374,027,000,000
1973 398,983,000,000
1974 400,930,000,000
1975 364,406,000,000
1976 422,894,000,000
1977 457,724,000,000
1978 491,840,000,000
1979 505,726,000,000
1980 476,047,000,000
1981 487,845,000,000
1982 465,585,000,000
1983 522,013,000,000
1984 642,002,000,000
1985 685,782,000,000
1986 741,741,000,000
1987 785,074,000,000
1988 829,859,000,000
1989 868,724,000,000
1990 896,941,000,000
1991 900,335,000,000
1992 960,014,000,000
1993 1,040,790,000,000
1994 1,157,450,000,000
1995 1,245,110,000,000
1996 1,345,520,000,000
1997 1,528,940,000,000
1998 1,689,480,000,000
1999 1,874,750,000,000
2000 2,103,860,000,000
2001 2,043,490,000,000
2002 2,112,440,000,000
2003 2,217,660,000,000
2004 2,452,410,000,000
2005 2,614,910,000,000
2006 2,778,250,000,000
2007 2,863,430,000,000
2008 2,815,950,000,000
2009 2,461,870,000,000
2010 2,788,680,000,000
2011 2,926,580,000,000
2012 3,004,390,000,000
2013 3,045,210,000,000
2014 3,188,750,000,000
2015 3,330,520,000,000
2016 3,371,460,000,000
2017 3,522,130,000,000
2018 3,662,340,000,000
2019 3,699,900,000,000
2020 3,358,060,000,000

Imports of goods and services (annual % growth)

The value for Imports of goods and services (annual % growth) in North America was -9.24 as of 2020. As the graph below shows, over the past 49 years this indicator reached a maximum value of 22.99 in 1984 and a minimum value of -12.57 in 2009.

Definition: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1971 5.59
1972 11.88
1973 6.67
1974 0.49
1975 -9.11
1976 16.05
1977 8.24
1978 7.45
1979 2.82
1980 -5.87
1981 2.48
1982 -4.56
1983 12.12
1984 22.99
1985 6.82
1986 8.16
1987 5.84
1988 5.70
1989 4.68
1990 3.25
1991 0.38
1992 6.63
1993 8.41
1994 11.21
1995 7.57
1996 8.06
1997 13.63
1998 10.50
1999 10.97
2000 12.22
2001 -2.87
2002 3.37
2003 4.98
2004 10.59
2005 6.63
2006 6.25
2007 3.07
2008 -1.66
2009 -12.57
2010 13.28
2011 4.95
2012 2.66
2013 1.36
2014 4.71
2015 4.45
2016 1.23
2017 4.47
2018 3.98
2019 1.03
2020 -9.24

Imports of goods and services (% of GDP)

Imports of goods and services (% of GDP) in North America was 14.57 as of 2020. Its highest value over the past 50 years was 18.96 in 2008, while its lowest value was 6.30 in 1970.

Definition: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 6.30
1971 6.49
1972 7.02
1973 7.69
1974 9.75
1975 8.85
1976 9.52
1977 10.09
1978 10.34
1979 11.01
1980 11.65
1981 11.30
1982 10.14
1983 10.15
1984 11.22
1985 10.84
1986 11.13
1987 11.66
1988 11.89
1989 11.81
1990 11.87
1991 11.47
1992 11.61
1993 11.95
1994 12.68
1995 13.38
1996 13.48
1997 14.01
1998 14.00
1999 14.67
2000 16.05
2001 14.77
2002 14.61
2003 15.00
2004 16.23
2005 17.09
2006 17.76
2007 18.00
2008 18.96
2009 15.26
2010 17.41
2011 18.84
2012 18.64
2013 18.01
2014 17.99
2015 16.82
2016 16.06
2017 16.42
2018 16.65
2019 15.97
2020 14.57

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments