Australia vs Latin America & Caribbean (excluding high income): Goods imports
Goods imports over time
- Australia
- Latin America & Caribbean (excluding high income)
How they compare
Latin America & Caribbean (excluding high income) currently reports 1.38 trillion BoP, current US$ against 308.87 billion BoP, current US$ in Australia, a difference of 1.07 trillion BoP, current US$.
That makes Latin America & Caribbean (excluding high income)'s figure about 4.5 times Australia's.
Across all 37 years both countries report, Latin America & Caribbean (excluding high income) has been ahead every year.
Australia ranks 22nd and Latin America & Caribbean (excluding high income) ranks 23rd of 200 countries.
Latin America & Caribbean (excluding high income) has averaged higher in every one of the 5 decades both report.
Head to head by decade
| Decade | Australia | Latin America & Caribbean (excluding high income) | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 40.46 billion BoP, current US$ | 75.09 billion BoP, current US$ | 34.63 billion BoP, current US$ | Latin America & Caribbean (excluding high income) |
| 1990s | 52.07 billion BoP, current US$ | 177.58 billion BoP, current US$ | 125.50 billion BoP, current US$ | Latin America & Caribbean (excluding high income) |
| 2000s | 117.41 billion BoP, current US$ | 454.87 billion BoP, current US$ | 337.46 billion BoP, current US$ | Latin America & Caribbean (excluding high income) |
| 2010s | 229.16 billion BoP, current US$ | 900.08 billion BoP, current US$ | 670.93 billion BoP, current US$ | Latin America & Caribbean (excluding high income) |
| 2020s | 277.35 billion BoP, current US$ | 1.19 trillion BoP, current US$ | 908.37 billion BoP, current US$ | Latin America & Caribbean (excluding high income) |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods imports, Australia or Latin America & Caribbean (excluding high income)?
- Latin America & Caribbean (excluding high income), at 1.38 trillion BoP, current US$ against 308.87 billion BoP, current US$ in Australia as of 2025.
- What is the difference in goods imports between Australia and Latin America & Caribbean (excluding high income)?
- 1.07 trillion BoP, current US$, with Latin America & Caribbean (excluding high income) ahead.
- How many years of comparable data are there for Australia and Latin America & Caribbean (excluding high income)?
- 37 years are reported by both, from 1989 to 2025.
- How do Australia and Latin America & Caribbean (excluding high income) rank globally for goods imports?
- Australia ranks 22nd and Latin America & Caribbean (excluding high income) ranks 23rd of 200 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods imports (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.