Latin America & Caribbean Imports 1970-2024

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.
  • Latin America & Caribbean imports for 2023 was $1,816.85B, a 4% decline from 2022.
  • Latin America & Caribbean imports for 2022 was $1,892.52B, a 21.17% increase from 2021.
  • Latin America & Caribbean imports for 2021 was $1,561.91B, a 34.33% increase from 2020.
  • Latin America & Caribbean imports for 2020 was $1,162.74B, a 17.46% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
World $30,226.31B
OECD members $18,819.49B
European Union $8,983.72B
East Asia & Pacific $8,625.15B
Euro Area $7,433.93B
Latin America & Caribbean $1,816.85B
South Asia $1,038.07B
Sub-Saharan Africa $556.92B
Latin America & Caribbean Imports - Historical Data
Year Billions of US $ % of GDP
2023 $1,816.85B 25.61%
2022 $1,892.52B 29.84%
2021 $1,561.91B 28.00%
2020 $1,162.74B 24.20%
2019 $1,408.78B 24.89%
2018 $1,441.67B 25.10%
2017 $1,322.41B 22.54%
2016 $1,205.16B 22.81%
2015 $1,267.65B 23.40%
2014 $1,525.12B 23.52%
2013 $1,484.48B 23.33%
2012 $1,422.15B 22.90%
2011 $1,360.53B 22.17%
2010 $1,139.86B 21.13%
2009 $899.88B 20.66%
2008 $1,129.94B 24.34%
2007 $935.60B 23.41%
2006 $792.17B 23.33%
2005 $674.70B 23.25%
2004 $572.40B 23.81%
2003 $479.61B 22.94%
2002 $456.62B 22.26%
2001 $488.14B 21.39%
2000 $493.00B 21.19%
1999 $427.74B 20.30%
1998 $443.73B 19.03%
1997 $423.96B 18.41%
1996 $364.40B 17.34%
1995 $331.82B 17.09%
1994 $297.67B 16.58%
1993 $253.35B 16.49%
1992 $230.78B 17.77%
1991 $199.16B 16.74%
1990 $178.69B 16.21%
1989 $154.57B 15.34%
1988 $147.16B 15.34%
1987 $120.49B 15.34%
1986 $110.55B 15.34%
1985 $107.07B 15.34%
1984 $108.22B 15.34%
1983 $98.21B 15.34%
1982 $120.69B 15.34%
1981 $146.68B 15.34%
1980 $129.91B 15.34%
1979 $104.83B 15.34%
1978 $88.62B 15.34%
1977 $74.00B 15.34%
1976 $63.86B 15.34%
1975 $57.64B 15.34%
1974 $51.63B 15.34%
1973 $37.45B 15.34%
1972 $30.10B 15.34%
1971 $26.90B 15.34%
1970 $24.23B 15.34%