Imports of goods and services in Latin America & Caribbean
Latin America & Caribbean: Imports of goods and services was 1.66 trillion constant 2015 US$ in 2025. ◆ Volatile
Latest (2025)
1.66 trillion constant 2015 US$
Change on year
up 6.0%
Rank
14th
of 36 groups
All-time high
1.66 trillion constant 2015 US$
in 2025
All-time low
58.77 billion constant 2015 US$
in 1960
Years of data
66
1960–2025
Imports of goods and services in Latin America & Caribbean, 1960–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant 2015 US$.
Analysis
Latin America & Caribbean recorded 1.66 trillion constant 2015 US$ for imports of goods and services in 2025. That is the highest value across all 66 years on record.
That represents a change of up 6.0% on the previous year and up 32.7% over ten years.
Over the whole period, imports of goods and services in Latin America & Caribbean peaked at 1.66 trillion constant 2015 US$ in 2025 and was at its lowest, 58.77 billion constant 2015 US$, in 1960.
That places Latin America & Caribbean 14th out of 36 groups with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services in Latin America & Caribbean, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1960 | 58.77 billion constant 2015 US$ | — |
| 1961 | 60.30 billion constant 2015 US$ | +2.6% |
| 1962 | 63.28 billion constant 2015 US$ | +4.9% |
| 1963 | 64.43 billion constant 2015 US$ | +1.8% |
| 1964 | 69.76 billion constant 2015 US$ | +8.3% |
| 1965 | 74.31 billion constant 2015 US$ | +6.5% |
| 1966 | 83.81 billion constant 2015 US$ | +12.8% |
| 1967 | 85.77 billion constant 2015 US$ | +2.3% |
| 1968 | 92.25 billion constant 2015 US$ | +7.6% |
| 1969 | 97.88 billion constant 2015 US$ | +6.1% |
| 1970 | 134.12 billion constant 2015 US$ | +37.0% |
| 1971 | 147.24 billion constant 2015 US$ | +9.8% |
| 1972 | 162.93 billion constant 2015 US$ | +10.7% |
| 1973 | 188.59 billion constant 2015 US$ | +15.7% |
| 1974 | 224.50 billion constant 2015 US$ | +19.0% |
| 1975 | 217.38 billion constant 2015 US$ | -3.2% |
| 1976 | 216.95 billion constant 2015 US$ | -0.2% |
| 1977 | 214.53 billion constant 2015 US$ | -1.1% |
| 1978 | 226.50 billion constant 2015 US$ | +5.6% |
| 1979 | 250.84 billion constant 2015 US$ | +10.7% |
| 1980 | 283.69 billion constant 2015 US$ | +13.1% |
| 1981 | 282.94 billion constant 2015 US$ | -0.3% |
| 1982 | 225.84 billion constant 2015 US$ | -20.2% |
| 1983 | 198.69 billion constant 2015 US$ | -12.0% |
| 1984 | 205.36 billion constant 2015 US$ | +3.4% |
| 1985 | 201.50 billion constant 2015 US$ | -1.9% |
| 1986 | 199.17 billion constant 2015 US$ | -1.2% |
| 1987 | 211.95 billion constant 2015 US$ | +6.4% |
| 1988 | 225.58 billion constant 2015 US$ | +6.4% |
| 1989 | 231.58 billion constant 2015 US$ | +2.7% |
| 1990 | 263.74 billion constant 2015 US$ | +13.9% |
| 1991 | 300.87 billion constant 2015 US$ | +14.1% |
| 1992 | 351.04 billion constant 2015 US$ | +16.7% |
| 1993 | 377.35 billion constant 2015 US$ | +7.5% |
| 1994 | 426.67 billion constant 2015 US$ | +13.1% |
| 1995 | 424.71 billion constant 2015 US$ | -0.5% |
| 1996 | 461.49 billion constant 2015 US$ | +8.7% |
| 1997 | 545.47 billion constant 2015 US$ | +18.2% |
| 1998 | 588.64 billion constant 2015 US$ | +7.9% |
| 1999 | 564.66 billion constant 2015 US$ | -4.1% |
| 2000 | 636.27 billion constant 2015 US$ | +12.7% |
| 2001 | 639.41 billion constant 2015 US$ | +0.5% |
| 2002 | 612.22 billion constant 2015 US$ | -4.3% |
| 2003 | 632.25 billion constant 2015 US$ | +3.3% |
| 2004 | 700.78 billion constant 2015 US$ | +10.8% |
| 2005 | 763.50 billion constant 2015 US$ | +8.9% |
| 2006 | 848.60 billion constant 2015 US$ | +11.1% |
| 2007 | 945.38 billion constant 2015 US$ | +11.4% |
| 2008 | 1.03 trillion constant 2015 US$ | +9.1% |
| 2009 | 890.65 billion constant 2015 US$ | -13.7% |
| 2010 | 1.08 trillion constant 2015 US$ | +21.2% |
| 2011 | 1.18 trillion constant 2015 US$ | +9.7% |
| 2012 | 1.22 trillion constant 2015 US$ | +3.4% |
| 2013 | 1.27 trillion constant 2015 US$ | +3.8% |
| 2014 | 1.28 trillion constant 2015 US$ | +0.4% |
| 2015 | 1.25 trillion constant 2015 US$ | -2.0% |
| 2016 | 1.22 trillion constant 2015 US$ | -2.2% |
| 2017 | 1.29 trillion constant 2015 US$ | +5.8% |
| 2018 | 1.36 trillion constant 2015 US$ | +5.0% |
| 2019 | 1.34 trillion constant 2015 US$ | -1.1% |
| 2020 | 1.17 trillion constant 2015 US$ | -13.2% |
| 2021 | 1.38 trillion constant 2015 US$ | +18.4% |
| 2022 | 1.49 trillion constant 2015 US$ | +7.8% |
| 2023 | 1.49 trillion constant 2015 US$ | +0.4% |
| 2024 | 1.57 trillion constant 2015 US$ | +4.7% |
| 2025 | 1.66 trillion constant 2015 US$ | +6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 75.06 billion constant 2015 US$ | 58.77 billion constant 2015 US$ | 97.88 billion constant 2015 US$ | 10 |
| 1970s | 198.36 billion constant 2015 US$ | 134.12 billion constant 2015 US$ | 250.84 billion constant 2015 US$ | 10 |
| 1980s | 226.63 billion constant 2015 US$ | 198.69 billion constant 2015 US$ | 283.69 billion constant 2015 US$ | 10 |
| 1990s | 430.46 billion constant 2015 US$ | 263.74 billion constant 2015 US$ | 588.64 billion constant 2015 US$ | 10 |
| 2000s | 770.08 billion constant 2015 US$ | 612.22 billion constant 2015 US$ | 1.03 trillion constant 2015 US$ | 10 |
| 2010s | 1.25 trillion constant 2015 US$ | 1.08 trillion constant 2015 US$ | 1.36 trillion constant 2015 US$ | 10 |
| 2020s | 1.46 trillion constant 2015 US$ | 1.17 trillion constant 2015 US$ | 1.66 trillion constant 2015 US$ | 6 |
Countries ranked near Latin America & Caribbean
- 11 Italy 626.30 billion constant 2015 US$ compare
- 12 Canada 620.41 billion constant 2015 US$ compare
- 13 Mexico 607.84 billion constant 2015 US$ compare
- 14 Ireland 593.02 billion constant 2015 US$ compare
- 15 United Arab Emirates 484.31 billion constant 2015 US$ compare
- 16 Spain 483.88 billion constant 2015 US$ compare
- 17 Switzerland 474.60 billion constant 2015 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 1.66 trillion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest imports of goods and services recorded in Latin America & Caribbean?
- The highest recorded value was 1.66 trillion constant 2015 US$ in 2025.
- What is the lowest imports of goods and services recorded in Latin America & Caribbean?
- The lowest recorded value was 58.77 billion constant 2015 US$ in 1960.
- How does Latin America & Caribbean rank for imports of goods and services?
- Latin America & Caribbean ranks 14th out of 36 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 32.7%. The long-run trend across the full record is volatile.
- Where does this Latin America & Caribbean data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Imports of goods and services (constant 2015 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.