Goods imports in Latin America & Caribbean
Latin America & Caribbean: Goods imports was 1.62 trillion BoP, current US$ in 2025. ◆ Volatile
Goods imports in Latin America & Caribbean, 1979–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for goods imports in Latin America & Caribbean is 1.62 trillion BoP, current US$, measured in 2025. That is the highest value across all 47 years on record.
Compared with earlier readings it is up 6.7% on the previous year and up 56.9% over ten years.
Over the whole period, goods imports in Latin America & Caribbean peaked at 1.62 trillion BoP, current US$ in 2025 and was at its lowest, 65.78 billion BoP, current US$, in 1983.
That places Latin America & Caribbean 18th out of 45 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods imports in Latin America & Caribbean, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1979 | 75.51 billion BoP, current US$ | — |
| 1980 | 101.93 billion BoP, current US$ | +35.0% |
| 1981 | 110.53 billion BoP, current US$ | +8.4% |
| 1982 | 89.97 billion BoP, current US$ | -18.6% |
| 1983 | 65.78 billion BoP, current US$ | -26.9% |
| 1984 | 68.05 billion BoP, current US$ | +3.4% |
| 1985 | 68.21 billion BoP, current US$ | +0.2% |
| 1986 | 69.16 billion BoP, current US$ | +1.4% |
| 1987 | 77.48 billion BoP, current US$ | +12.0% |
| 1988 | 88.36 billion BoP, current US$ | +14.0% |
| 1989 | 95.36 billion BoP, current US$ | +7.9% |
| 1990 | 107.36 billion BoP, current US$ | +12.6% |
| 1991 | 126.75 billion BoP, current US$ | +18.1% |
| 1992 | 153.17 billion BoP, current US$ | +20.8% |
| 1993 | 168.14 billion BoP, current US$ | +9.8% |
| 1994 | 197.49 billion BoP, current US$ | +17.5% |
| 1995 | 217.87 billion BoP, current US$ | +10.3% |
| 1996 | 240.90 billion BoP, current US$ | +10.6% |
| 1997 | 286.80 billion BoP, current US$ | +19.1% |
| 1998 | 344.82 billion BoP, current US$ | +20.2% |
| 1999 | 330.97 billion BoP, current US$ | -4.0% |
| 2000 | 385.78 billion BoP, current US$ | +16.6% |
| 2001 | 377.40 billion BoP, current US$ | -2.2% |
| 2002 | 351.35 billion BoP, current US$ | -6.9% |
| 2003 | 362.99 billion BoP, current US$ | +3.3% |
| 2004 | 446.12 billion BoP, current US$ | +22.9% |
| 2005 | 528.60 billion BoP, current US$ | +18.5% |
| 2006 | 630.17 billion BoP, current US$ | +19.2% |
| 2007 | 754.29 billion BoP, current US$ | +19.7% |
| 2008 | 918.69 billion BoP, current US$ | +21.8% |
| 2009 | 690.02 billion BoP, current US$ | -24.9% |
| 2010 | 895.03 billion BoP, current US$ | +29.7% |
| 2011 | 1.10 trillion BoP, current US$ | +23.3% |
| 2012 | 1.15 trillion BoP, current US$ | +4.3% |
| 2013 | 1.18 trillion BoP, current US$ | +2.4% |
| 2014 | 1.17 trillion BoP, current US$ | -1.0% |
| 2015 | 1.03 trillion BoP, current US$ | -11.2% |
| 2016 | 941.66 billion BoP, current US$ | -9.0% |
| 2017 | 1.04 trillion BoP, current US$ | +10.0% |
| 2018 | 1.16 trillion BoP, current US$ | +11.5% |
| 2019 | 1.12 trillion BoP, current US$ | -3.0% |
| 2020 | 946.47 billion BoP, current US$ | -15.5% |
| 2021 | 1.29 trillion BoP, current US$ | +36.6% |
| 2022 | 1.56 trillion BoP, current US$ | +20.5% |
| 2023 | 1.47 trillion BoP, current US$ | -5.4% |
| 2024 | 1.52 trillion BoP, current US$ | +3.2% |
| 2025 | 1.62 trillion BoP, current US$ | +6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 75.51 billion BoP, current US$ | 75.51 billion BoP, current US$ | 75.51 billion BoP, current US$ | 1 |
| 1980s | 83.48 billion BoP, current US$ | 65.78 billion BoP, current US$ | 110.53 billion BoP, current US$ | 10 |
| 1990s | 217.43 billion BoP, current US$ | 107.36 billion BoP, current US$ | 344.82 billion BoP, current US$ | 10 |
| 2000s | 544.54 billion BoP, current US$ | 351.35 billion BoP, current US$ | 918.69 billion BoP, current US$ | 10 |
| 2010s | 1.08 trillion BoP, current US$ | 895.03 billion BoP, current US$ | 1.18 trillion BoP, current US$ | 10 |
| 2020s | 1.40 trillion BoP, current US$ | 946.47 billion BoP, current US$ | 1.62 trillion BoP, current US$ | 6 |
Countries ranked near Latin America & Caribbean
- 15 Spain 498.72 billion BoP, current US$ compare
- 16 Singapore 475.45 billion BoP, current US$ compare
- 17 Poland 405.77 billion BoP, current US$ compare
- 18 Belgium 386.05 billion BoP, current US$ compare
- 19 Viet Nam 363.11 billion BoP, current US$ compare
- 20 Türkiye 313.44 billion BoP, current US$ compare
- 21 Thailand 311.72 billion BoP, current US$ compare
More economy & growth data for Latin America & Caribbean
- GDP 6.01 trillion constant 2015 US$ (2025)
- Services, value added 5.04 trillion current US$ (2025)
- Services, value added 4.37 trillion constant 2015 US$ (2025)
- Trade in services 8.7% (2025)
- Services, value added 68.2% (2025)
- Inflation, GDP deflator 3.4% (2025)
- Gross value added at basic prices (GVA) 6.85 trillion current US$ (2025)
- Gross value added at basic prices (GVA) 5.62 trillion constant 2015 US$ (2025)
- GDP 7.40 trillion current US$ (2025)
- Gross domestic savings 18.1% (2025)
Frequently asked questions
- What is goods imports in Latin America & Caribbean?
- Goods imports in Latin America & Caribbean was 1.62 trillion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods imports recorded in Latin America & Caribbean?
- The highest recorded value was 1.62 trillion BoP, current US$ in 2025.
- What is the lowest goods imports recorded in Latin America & Caribbean?
- The lowest recorded value was 65.78 billion BoP, current US$ in 1983.
- How does Latin America & Caribbean rank for goods imports?
- Latin America & Caribbean ranks 18th out of 45 groups with data for 2025.
- Is goods imports rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 56.9%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods imports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
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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.