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Imports (USD billion)

Imports (USD billion)

Imports are defined as goods produced outside the boundaries of one country, which are then purchased by that country. Together with exports, imports represent the keystone of foreign trade. A country buys goods from abroad because it cannot produce them itself or because there are comparative advantages in purchasing them from abroad. Imports generally subtract growth from the national gross output, although they add to well-being. A greater proportion of imports relative to a country’s Gross Domestic Product (GDP) indicates a country’s degree of dependence on purchases from abroad. The higher the degree, the more imports displace domestic output. Demand for imports depends on economic conditions in the buying country, as well as the exchange rate and relative prices.

The table below shows the value of imports in U.S. dollar (USD) billions for the last five years.

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Imports Data

2014 2015 2016 2017 2018
Albania5.44.34.75.45.9
Algeria59.752.749.449.048.6
Angola28.620.713.014.515.8
Argentina65.760.255.966.965.5
Armenia3.82.82.83.84.4
Australia228201189221227
Austria172141143159173
Azerbaijan9.39.89.09.011.0
Bahrain19.715.713.616.019.0
Bangladesh36.636.638.843.554.5
Belarus38.128.325.631.735.9
Belgium467377381413450
Belize0.91.00.90.80.9
Bolivia9.99.17.98.69.4
Bosnia and Herzegovina10.38.28.49.810.7
Botswana7.97.05.95.26.1
Brazil229171138151181
Brunei3.73.22.73.14.1
Bulgaria32.627.326.831.634.6
Cambodia12.113.414.215.618.9
Canada475429413442469
Chile68.658.655.961.570.8
China1,9591,6801,5881,8442,136
Colombia61.552.143.244.249.6
Costa Rica15.614.715.215.916.6
Cote d'Ivoire10.88.67.88.59.2
Croatia22.920.621.824.628.1
Cyprus8.37.27.99.410.7
Czech Republic136121120135152
DR Congo-  -  -  -  -  
Denmark99.185.384.492.0102
Dominican Republic17.316.917.417.720.2
Ecuador27.721.516.320.023.2
Egypt60.261.357.459.063.1
El Salvador10.510.30.00.00.0
Estonia18.314.515.016.719.2
Ethiopia15.416.716.415.915.3
Eurozone2,2961,9571,9412,1602,414
Finland75.356.958.566.173.2
France639554556608670
Georgia8.37.06.77.48.5
Germany1,1841,0171,0211,1321,266
Ghana14.513.612.912.613.1
Greece65.347.147.053.964.7
Guatemala17.115.515.116.517.7
Haiti3.73.43.23.64.5
Honduras11.111.210.611.312.2
Hong Kong545523517559603
Hungary10490.892.2104117
Iceland5.65.35.67.37.9
India448379384463512
Indonesia178143136157189
Iran70.957.663.175.5-  
Iraq49.840.329.132.238.9
Ireland82.777.882.093.8109
Israel71.060.563.968.577.1
Italy475411406452503
Jamaica5.24.44.14.95.4
Japan805632584641723
Jordan22.920.519.320.520.3
Kazakhstan42.533.226.230.634.2
Kenya16.915.914.216.617.4
Korea526436406478535
Kosovo3.52.93.13.53.9
Kuwait27.326.427.029.531.3
Kyrgyzstan5.34.24.04.54.9
Laos5.05.75.45.76.2
Latvia17.214.213.815.717.5
Lebanon19.617.617.918.418.9
Lithuania33.824.323.728.331.9
Luxembourg24.819.719.621.723.2
Malaysia209176168195218
Malta5.05.14.95.05.3
Mexico400395387420464
Moldova4.93.63.64.45.3
Mongolia5.23.83.44.35.9
Montenegro2.42.02.22.62.9
Morocco40.933.336.739.544.8
Mozambique8.07.64.75.26.2
Myanmar11.913.812.815.615.4
Netherlands509413408461521
New Zealand42.636.836.040.243.9
Nicaragua5.95.95.96.15.2
Nigeria61.652.335.232.740.8
North Macedonia6.25.45.96.67.8
Norway89.576.674.982.687.5
Oman27.926.521.324.123.6
Pakistan41.741.441.348.756.6
Panama25.822.520.722.324.0
Paraguay12.110.39.811.512.9
Peru41.037.335.138.741.9
Philippines65.471.184.196.1113
Poland215189193227262
Portugal78.666.967.778.588.9
Puerto Rico42.643.143.345.946.5
Qatar31.128.531.930.733.3
Romania80.170.274.886.296.7
Russia308193191238249
Saudi Arabia158159128123126
Serbia19.617.117.720.423.8
Singapore364304284317356
Slovakia79.166.472.580.090.2
Slovenia29.825.126.130.735.0
South Africa10285.574.881.892.3
Spain362306304344372
Sri Lanka19.418.919.221.022.2
Sweden162139141154170
Switzerland277254270269279
Taiwan282236229257285
Tajikistan3.62.92.62.42.8
Tanzania10.99.88.57.68.1
Thailand209187178201229
Trinidad and Tobago7.97.57.16.56.7
Tunisia23.419.118.419.621.5
Turkey233204193228222
Turkmenistan8.46.15.34.02.5
USA2,3852,2732,2072,3592,562
Uganda5.15.04.55.26.1
Ukraine57.738.940.549.456.1
United Arab Emirates235224227246235
United Kingdom694630639641672
Uruguay11.89.88.58.79.1
Uzbekistan19.017.011.012.418.3
Venezuela47.333.316.412.012.8
Vietnam148155166204227
Yemen12.16.67.17.17.8
Zambia8.67.26.37.38.5

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