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

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: Thematic map, Time series comparison

Find indicator:
Rank Country Value Year
1 United States 3,128,990,000,000.00 2018
2 China 2,548,090,000,000.00 2018
3 Germany 1,631,570,000,000.00 2018
4 France 936,025,000,000.00 2018
5 Japan 925,380,000,000.00 2018
6 United Kingdom 906,973,000,000.00 2018
7 Hong Kong SAR, China 682,634,000,000.00 2018
8 Netherlands 673,535,000,000.00 2018
9 India 642,960,000,000.00 2018
10 Korea 642,365,000,000.00 2018
11 Italy 603,405,000,000.00 2018
12 Canada 581,160,000,000.00 2018
13 Singapore 545,548,000,000.00 2018
14 Mexico 502,541,000,000.00 2018
15 Spain 459,932,000,000.00 2018
16 Belgium 449,210,000,000.00 2018
17 Switzerland 381,196,000,000.00 2018
18 Russia 343,266,000,000.00 2018
19 Ireland 340,339,000,000.00 2018
20 Australia 309,978,000,000.00 2018
21 Poland 305,357,000,000.00 2018
22 Thailand 283,894,000,000.00 2018
23 Brazil 257,663,000,000.00 2018
24 Vietnam 245,627,000,000.00 2018
25 Sweden 242,290,000,000.00 2018
26 Turkey 239,533,000,000.00 2018
27 Austria 237,149,000,000.00 2018
28 Malaysia 221,336,000,000.00 2018
29 Indonesia 216,235,000,000.00 2018
30 Saudi Arabia 209,480,000,000.00 2018
31 Czech Republic 176,558,000,000.00 2018
32 Denmark 176,471,000,000.00 2018
33 Norway 141,107,000,000.00 2018
34 Philippines 129,747,000,000.00 2018
35 Hungary 127,201,000,000.00 2018
36 Luxembourg 112,415,000,000.00 2018
37 Finland 109,044,000,000.00 2018
38 South Africa 108,910,000,000.00 2018
39 Romania 107,679,000,000.00 2018
40 Israel 107,283,000,000.00 2018
41 Portugal 104,283,000,000.00 2018
42 Slovak Republic 100,529,000,000.00 2018
43 Argentina 86,503,370,000.00 2018
44 Greece 85,802,970,000.00 2018
45 Chile 85,052,320,000.00 2018
46 Egypt 76,328,100,000.00 2018
47 Nigeria 71,637,360,000.00 2018
48 Ukraine 70,502,000,000.00 2018
49 Kuwait 68,204,780,000.00 2018
50 Pakistan 67,869,240,000.00 2018
51 Qatar 65,810,990,000.00 2018
52 Bangladesh 65,525,100,000.00 2018
53 Colombia 62,920,780,000.00 2018
54 Algeria 60,127,880,000.00 2017
55 New Zealand 57,365,650,000.00 2018
56 Iraq 56,876,000,000.00 2018
57 Morocco 55,355,410,000.00 2018
58 Peru 51,454,480,000.00 2018
59 Kazakhstan 46,224,940,000.00 2018
60 Lithuania 42,387,980,000.00 2018
61 Slovenia 41,638,660,000.00 2018
62 Bulgaria 41,496,250,000.00 2018
63 Belarus 41,327,300,000.00 2018
64 Oman 35,296,330,000.00 2018
65 Lebanon 32,848,920,000.00 2018
66 Croatia 30,762,890,000.00 2018
67 Serbia 29,940,420,000.00 2018
68 Panama 28,815,450,000.00 2018
69 Bahrain 27,186,970,000.00 2018
70 Sri Lanka 26,840,590,000.00 2018
71 Angola 25,887,350,000.00 2018
72 Venezuela 25,810,000,000.00 2016
73 Ecuador 25,636,010,000.00 2018
74 Tunisia 24,650,620,000.00 2018
75 Dominican Republic 23,607,400,000.00 2018
76 Uzbekistan 23,443,550,000.00 2018
77 Ghana 23,219,910,000.00 2018
78 Jordan 22,761,970,000.00 2018
79 Cambodia 21,850,810,000.00 2018
80 Guatemala 21,832,700,000.00 2018
81 Estonia 21,730,130,000.00 2018
82 Latvia 21,137,910,000.00 2018
83 Ethiopia 19,928,880,000.00 2018
84 Costa Rica 19,663,530,000.00 2018
85 Syrian Arab Republic 19,408,800,000.00 2010
86 Kenya 19,085,780,000.00 2017
87 Myanmar 18,866,480,000.00 2018
88 Malta 18,147,010,000.00 2018
89 Cyprus 17,997,010,000.00 2018
90 Macao SAR, China 17,916,340,000.00 2018
91 Dem. Rep. Congo 17,774,430,000.00 2018
92 Azerbaijan 17,705,200,000.00 2018
93 Iran 17,503,000,000.00 2000
94 Nepal 14,648,190,000.00 2018
95 Paraguay 13,878,450,000.00 2018
96 Uruguay 13,116,210,000.00 2018
97 El Salvador 12,668,380,000.00 2018
98 Bolivia 12,610,130,000.00 2018
99 Côte d'Ivoire 11,819,650,000.00 2017
100 Honduras 11,626,830,000.00 2018
101 Libya 11,550,000,000.00 2016
102 Bosnia and Herzegovina 11,519,250,000.00 2018
103 Iceland 11,458,490,000.00 2018
104 Georgia 10,768,590,000.00 2018
105 Mozambique 10,517,900,000.00 2018
106 Zambia 10,193,030,000.00 2018
107 Tanzania 9,883,234,000.00 2018
108 North Macedonia 9,222,577,000.00 2018
109 Trinidad and Tobago 9,069,202,000.00 2018
110 Uganda 8,638,637,000.00 2018
111 Mongolia 8,477,747,000.00 2018
112 Cameroon 8,422,669,000.00 2018
113 Yemen 8,256,109,000.00 2016
114 Sudan 8,237,314,000.00 2018
115 Afghanistan 7,984,869,000.00 2018
116 Jamaica 7,949,649,000.00 2018
117 Mauritius 7,571,326,000.00 2018
118 Senegal 7,480,896,000.00 2017
119 Lao PDR 7,318,192,000.00 2018
120 Botswana 7,312,140,000.00 2018
121 Congo 7,286,067,000.00 2016
122 Albania 6,854,287,000.00 2018
123 Nicaragua 6,730,200,000.00 2018
124 Armenia 6,647,281,000.00 2018
125 Zimbabwe 6,559,418,000.00 2017
126 Namibia 6,425,242,000.00 2018
127 Moldova 6,383,921,000.00 2018
128 Brunei 5,681,697,000.00 2018
129 Haiti 5,670,990,000.00 2018
130 Mali 5,599,604,000.00 2017
131 Kyrgyz Republic 5,483,703,000.00 2018
132 The Bahamas 5,133,822,000.00 2018
133 Gabon 5,049,263,000.00 2015
134 Madagascar 4,839,952,000.00 2018
135 Burkina Faso 4,617,959,000.00 2017
136 Papua New Guinea 4,503,271,000.00 2017
137 Guinea 4,186,690,000.00 2018
138 Montenegro 3,665,558,000.00 2018
139 Benin 3,648,193,000.00 2017
140 New Caledonia 3,376,188,000.00 2016
141 Mauritania 3,283,935,000.00 2018
142 Tajikistan 3,220,202,000.00 2018
143 Rwanda 3,108,260,000.00 2018
144 Fiji 3,095,016,000.00 2018
145 Guyana 3,037,639,000.00 2018
146 Malawi 2,943,518,000.00 2018
147 Niger 2,930,499,000.00 2017
148 Lesotho 2,415,839,000.00 2018
149 Barbados 2,387,719,000.00 2013
150 Cayman Islands 2,195,361,000.00 2017
151 Suriname 2,108,490,000.00 2018
152 Togo 2,085,425,000.00 2017
153 Eswatini 2,066,433,000.00 2018
154 Seychelles 1,906,123,000.00 2018
155 Sierra Leone 1,613,771,000.00 2018
156 Cabo Verde 1,343,292,000.00 2018
157 Bhutan 1,260,911,000.00 2018
158 Liberia 1,245,487,000.00 2018
159 Belize 1,127,641,000.00 2018
160 Antigua and Barbuda 1,115,054,000.00 2018
161 Timor-Leste 1,059,724,000.00 2018
162 St. Lucia 997,739,300.00 2018
163 Djibouti 981,892,900.00 2017
164 Burundi 905,294,500.00 2018
165 Solomon Islands 744,508,500.00 2018
166 Grenada 644,699,100.00 2018
167 The Gambia 621,146,700.00 2018
168 St. Kitts and Nevis 593,894,100.00 2018
169 Eritrea 499,744,400.00 2000
170 Equatorial Guinea 476,617,800.00 1996
171 Vanuatu 460,482,600.00 2018
172 Guinea-Bissau 458,908,200.00 2018
173 St. Vincent and the Grenadines 450,953,000.00 2018
174 Dominica 431,429,000.00 2018
175 Samoa 428,520,900.00 2018
176 Chad 411,469,900.00 1994
177 Comoros 350,551,000.00 2018
178 Tonga 323,102,800.00 2018
179 Central African Republic 244,414,400.00 1994
180 Palau 206,824,300.00 2017
181 São Tomé and Principe 198,260,300.00 2018
182 Kiribati 195,204,500.00 2017
183 Nauru 94,795,880.00 2018
184 Tuvalu 39,495,490.00 2013

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Development Relevance: The balance of payments records an economy’s transactions with the rest of the world. Balance of payments accounts are divided into two groups: the current account, which records transactions in goods, services, primary income, and secondary income, and the capital and financial account, which records capital transfers, acquisition or disposal of nonproduced, nonfinancial assets, and transactions in financial assets and liabilities. The current account balance is one of the most analytically useful indicators of an external imbalance. A primary purpose of the balance of payments accounts is to indicate the need to adjust an external imbalance. Where to draw the line for analytical purposes requires a judgment concerning the imbalance that best indicates the need for adjustment. There are a number of definitions in common use for this and related analytical purposes. The trade balance is the difference between exports and imports of goods. From an analytical view it is arbitrary to distinguish goods from services. For example, a unit of foreign exchange earned by a freight company strengthens the balance of payments to the same extent as the foreign exchange earned by a goods exporter. Even so, the trade balance is useful because it is often the most timely indicator of trends in the current account balance. Customs authorities are typically able to provide data on trade in goods long before data on trade in services are available.

Limitations and Exceptions: Discrepancies may arise in the balance of payments because there is no single source for balance of payments data and therefore no way to ensure that the data are fully consistent. Sources include customs data, monetary accounts of the banking system, external debt records, information provided by enterprises, surveys to estimate service transactions, and foreign exchange records. Differences in collection methods - such as in timing, definitions of residence and ownership, and the exchange rate used to value transactions - contribute to net errors and omissions. In addition, smuggling and other illegal or quasi-legal transactions may be unrecorded or misrecorded.

Statistical Concept and Methodology: The balance of payments (BoP) is a double-entry accounting system that shows all flows of goods and services into and out of an economy; all transfers that are the counterpart of real resources or financial claims provided to or by the rest of the world without a quid pro quo, such as donations and grants; and all changes in residents' claims on and liabilities to nonresidents that arise from economic transactions. All transactions are recorded twice - once as a credit and once as a debit. In principle the net balance should be zero, but in practice the accounts often do not balance, requiring inclusion of a balancing item, net errors and omissions. The concepts and definitions underlying the data are based on the sixth edition of the International Monetary Fund's (IMF) Balance of Payments Manual (BPM6). Balance of payments data for 2005 onward will be presented in accord with the BPM6. The historical BPM5 data series will end with data for 2008, which can be accessed through the World Development Indicators archives. The complete balance of payments methodology can be accessed through the International Monetary Fund website (www.imf.org/external/np/sta/bop/bop.htm).

Aggregation method: Gap-filled total

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.