Imports of goods and services in Latin America & Caribbean
Latin America & Caribbean: Imports of goods and services was 2.01 trillion BoP, current US$ in 2025. ◆ Volatile
Latest (2025)
2.01 trillion BoP, current US$
Change on year
up 6.5%
Rank
20th
of 47 groups
All-time high
2.01 trillion BoP, current US$
in 2025
All-time low
89.68 billion BoP, current US$
in 1983
Years of data
47
1979–2025
Imports of goods and services in Latin America & Caribbean, 1979–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Latin America & Caribbean recorded 2.01 trillion BoP, current US$ for imports of goods and services in 2025. That is the highest value across all 47 years on record.
That represents a change of up 6.5% on the previous year and up 56.3% over ten years.
Over the whole period, imports of goods and services in Latin America & Caribbean peaked at 2.01 trillion BoP, current US$ in 2025 and was at its lowest, 89.68 billion BoP, current US$, in 1983.
That places Latin America & Caribbean 20th out of 47 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services in Latin America & Caribbean, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1979 | 99.94 billion BoP, current US$ | — |
| 1980 | 132.50 billion BoP, current US$ | +32.6% |
| 1981 | 144.86 billion BoP, current US$ | +9.3% |
| 1982 | 121.15 billion BoP, current US$ | -16.4% |
| 1983 | 89.68 billion BoP, current US$ | -26.0% |
| 1984 | 92.25 billion BoP, current US$ | +2.9% |
| 1985 | 92.18 billion BoP, current US$ | -0.1% |
| 1986 | 94.88 billion BoP, current US$ | +2.9% |
| 1987 | 103.91 billion BoP, current US$ | +9.5% |
| 1988 | 118.05 billion BoP, current US$ | +13.6% |
| 1989 | 127.44 billion BoP, current US$ | +8.0% |
| 1990 | 145.43 billion BoP, current US$ | +14.1% |
| 1991 | 167.65 billion BoP, current US$ | +15.3% |
| 1992 | 199.62 billion BoP, current US$ | +19.1% |
| 1993 | 219.85 billion BoP, current US$ | +10.1% |
| 1994 | 253.60 billion BoP, current US$ | +15.4% |
| 1995 | 277.45 billion BoP, current US$ | +9.4% |
| 1996 | 302.30 billion BoP, current US$ | +9.0% |
| 1997 | 357.69 billion BoP, current US$ | +18.3% |
| 1998 | 418.19 billion BoP, current US$ | +16.9% |
| 1999 | 400.40 billion BoP, current US$ | -4.3% |
| 2000 | 463.98 billion BoP, current US$ | +15.9% |
| 2001 | 455.57 billion BoP, current US$ | -1.8% |
| 2002 | 426.13 billion BoP, current US$ | -6.5% |
| 2003 | 440.81 billion BoP, current US$ | +3.4% |
| 2004 | 534.99 billion BoP, current US$ | +21.4% |
| 2005 | 634.90 billion BoP, current US$ | +18.7% |
| 2006 | 749.27 billion BoP, current US$ | +18.0% |
| 2007 | 900.38 billion BoP, current US$ | +20.2% |
| 2008 | 1.09 trillion BoP, current US$ | +21.3% |
| 2009 | 851.09 billion BoP, current US$ | -22.1% |
| 2010 | 1.09 trillion BoP, current US$ | +28.5% |
| 2011 | 1.34 trillion BoP, current US$ | +22.5% |
| 2012 | 1.40 trillion BoP, current US$ | +4.8% |
| 2013 | 1.45 trillion BoP, current US$ | +3.0% |
| 2014 | 1.44 trillion BoP, current US$ | -0.4% |
| 2015 | 1.28 trillion BoP, current US$ | -10.9% |
| 2016 | 1.18 trillion BoP, current US$ | -8.0% |
| 2017 | 1.30 trillion BoP, current US$ | +9.7% |
| 2018 | 1.43 trillion BoP, current US$ | +10.0% |
| 2019 | 1.39 trillion BoP, current US$ | -2.8% |
| 2020 | 1.14 trillion BoP, current US$ | -17.7% |
| 2021 | 1.54 trillion BoP, current US$ | +34.9% |
| 2022 | 1.88 trillion BoP, current US$ | +22.5% |
| 2023 | 1.82 trillion BoP, current US$ | -3.6% |
| 2024 | 1.88 trillion BoP, current US$ | +3.7% |
| 2025 | 2.01 trillion BoP, current US$ | +6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 99.94 billion BoP, current US$ | 99.94 billion BoP, current US$ | 99.94 billion BoP, current US$ | 1 |
| 1980s | 111.69 billion BoP, current US$ | 89.68 billion BoP, current US$ | 144.86 billion BoP, current US$ | 10 |
| 1990s | 274.22 billion BoP, current US$ | 145.43 billion BoP, current US$ | 418.19 billion BoP, current US$ | 10 |
| 2000s | 654.96 billion BoP, current US$ | 426.13 billion BoP, current US$ | 1.09 trillion BoP, current US$ | 10 |
| 2010s | 1.33 trillion BoP, current US$ | 1.09 trillion BoP, current US$ | 1.45 trillion BoP, current US$ | 10 |
| 2020s | 1.71 trillion BoP, current US$ | 1.14 trillion BoP, current US$ | 2.01 trillion BoP, current US$ | 6 |
Countries ranked near Latin America & Caribbean
- 17 Spain 625.51 billion BoP, current US$ compare
- 18 Belgium 561.04 billion BoP, current US$ compare
- 19 Poland 492.27 billion BoP, current US$ compare
- 20 Australia 424.72 billion BoP, current US$ compare
- 21 Russian Federation 399.82 billion BoP, current US$ compare
- 22 Viet Nam 398.71 billion BoP, current US$ compare
- 23 Brazil 395.83 billion BoP, current US$ compare
More economy & growth data for Latin America & Caribbean
- Households and NPISHs Final consumption expenditure (current US$) 4.28 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 1,782 current US$ per person (2025)
- General government final consumption expenditure (constant 2015 US$) 2.15 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.1354 constant 2015 US$ per US$ of GDP (2025)
- General government final consumption expenditure (constant 2015 US$) 1,502 constant 2015 US$ per person (2025)
- Households and NPISHs Final consumption expenditure (current US$) 7,621 current US$ per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5777 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 2.5 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1607 current US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current US$) 0.6869 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is imports of goods and services in Latin America & Caribbean?
- Imports of goods and services in Latin America & Caribbean was 2.01 trillion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods and services recorded in Latin America & Caribbean?
- The highest recorded value was 2.01 trillion BoP, current US$ in 2025.
- What is the lowest imports of goods and services recorded in Latin America & Caribbean?
- The lowest recorded value was 89.68 billion BoP, current US$ in 1983.
- How does Latin America & Caribbean rank for imports of goods and services?
- Latin America & Caribbean ranks 20th out of 47 groups with data for 2025.
- Is imports of goods and services rising or falling in Latin America & Caribbean?
- Over the last ten years it is up 56.3%. 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 Imports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. 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.