Central African Republic - Merchandise imports (current US$)

The value for Merchandise imports (current US$) in Central African Republic was 602,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 606,000,000 in 2018 and a minimum value of 20,000,000 in 1960.

Definition: Merchandise imports show the c.i.f. value of goods received from the rest of the world valued in current U.S. dollars.

Source: World Trade Organization.

See also:

Year Value
1960 20,000,000
1961 22,000,000
1962 25,000,000
1963 26,000,000
1964 30,000,000
1965 27,000,000
1966 35,000,000
1967 44,000,000
1968 40,000,000
1969 38,000,000
1970 34,000,000
1971 33,000,000
1972 34,000,000
1973 52,000,000
1974 46,000,000
1975 69,000,000
1976 55,000,000
1977 63,000,000
1978 57,000,000
1979 70,000,000
1980 81,000,000
1981 95,000,000
1982 123,000,000
1983 77,000,000
1984 87,000,000
1985 113,000,000
1986 167,000,000
1987 204,000,000
1988 201,000,000
1989 150,000,000
1990 154,000,000
1991 92,000,000
1992 145,000,000
1993 125,000,000
1994 139,000,000
1995 175,000,000
1996 141,000,000
1997 141,000,000
1998 146,000,000
1999 131,000,000
2000 117,000,000
2001 107,000,000
2002 120,000,000
2003 118,000,000
2004 151,000,000
2005 175,000,000
2006 203,000,000
2007 249,000,000
2008 300,000,000
2009 270,000,000
2010 300,000,000
2011 310,000,000
2012 323,000,000
2013 213,000,000
2014 406,000,000
2015 346,000,000
2016 399,000,000
2017 488,000,000
2018 606,000,000
2019 603,000,000
2020 602,000,000

Limitations and Exceptions: The value of imports is generally recorded as the cost of the goods when purchased by the importer plus the cost of transport and insurance to the frontier of the importing country - the cost, insurance, and freight (c.i.f.) value, corresponding to the landed cost at the point of entry of foreign goods into the country. A few countries collect import data on a free on board (f.o.b.) basis and adjust them for freight and insurance costs. Countries may report trade according to the general or special system of trade. Under the general system imports include goods imported for domestic consumption and imports into bonded warehouses and free trade zones. Under the special system imports comprise goods imported for domestic consumption (including transformation and repair) and withdrawals for domestic consumption from bonded warehouses and free trade zones. Goods transported through a country en route to another are excluded. Data on imports of goods are derived from the same sources as data on exports. In principle, world exports and imports should be identical. Similarly, exports from an economy should equal the sum of imports by the rest of the world from that economy. But differences in timing and definitions result in discrepancies in reported values at all levels.

Statistical Concept and Methodology: Merchandise trade data are from customs reports of goods moving into or out of an economy or from reports of financial transactions related to merchandise trade recorded in the balance of payments. Because of differences in timing and definitions, trade flow estimates from customs reports and balance of payments may differ. Several international agencies process trade data, each correcting unreported or misreported data, leading to other differences. The data on total imports of goods (merchandise) are from the World Trade Organization (WTO), which obtains data from national statistical offices and the IMF's International Financial Statistics, supplemented by the Comtrade database and publications or databases of regional organizations, specialized agencies, economic groups, and private sources (such as Eurostat, the Food and Agriculture Organization, and country reports of the Economist Intelligence Unit). Country websites and email contact have improved collection of up-to-date statistics, reducing the proportion of estimates. The WTO database now covers most major traders in Africa, Asia, and Latin America, which together with high-income countries account for nearly 95 percent of world trade. Reliability of data for countries in Europe and Central Asia has also improved.

Aggregation method: Gap-filled total

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports