Merchandise imports by the reporting economy in Least developed countries: UN classification
Least developed countries: UN classification: Merchandise imports by the reporting economy was 324.22 billion current US$ in 2023. ◆ Volatile
Merchandise imports by the reporting economy in Least developed countries: UN classification, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2023, merchandise imports by the reporting economy in Least developed countries: UN classification stood at 324.22 billion current US$.
Compared with earlier readings it is down 4.7% on the previous year and up 40.6% over ten years.
Over the whole period, merchandise imports by the reporting economy in Least developed countries: UN classification peaked at 340.14 billion current US$ in 2022 and was at its lowest, 1.35 billion current US$, in 1961.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.34 billion current US$ | 1.35 billion current US$ | 3.49 billion current US$ | 10 |
| 1970s | 7.21 billion current US$ | 3.95 billion current US$ | 10.78 billion current US$ | 10 |
| 1980s | 15.54 billion current US$ | 13.83 billion current US$ | 18.51 billion current US$ | 10 |
| 1990s | 33.54 billion current US$ | 26.30 billion current US$ | 40.45 billion current US$ | 10 |
| 2000s | 81.21 billion current US$ | 40.25 billion current US$ | 150.94 billion current US$ | 10 |
| 2010s | 223.11 billion current US$ | 159.63 billion current US$ | 259.44 billion current US$ | 10 |
| 2020s | 297.77 billion current US$ | 238.21 billion current US$ | 340.14 billion current US$ | 4 |
More private sector data for Least developed countries: UN classification
- Food exports 15.1% (2023)
- Food imports 15.6% (2019)
- Manufactures imports 62.6% (2019)
- Merchandise imports 376.94 billion current US$ (2025)
- Merchandise trade 41.4% (2025)
- Manufactures exports 20.1% (2023)
- Merchandise exports 311.48 billion current US$ (2025)
- Commercial service exports 56.64 billion current US$ (2024)
- Transport services 49.9% (2024)
- Computer, communications and other services 25.0% (2024)
Frequently asked questions
- What is merchandise imports by the reporting economy in Least developed countries: UN classification?
- Merchandise imports by the reporting economy in Least developed countries: UN classification was 324.22 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports by the reporting economy recorded in Least developed countries: UN classification?
- The highest recorded value was 340.14 billion current US$ in 2022.
- What is the lowest merchandise imports by the reporting economy recorded in Least developed countries: UN classification?
- The lowest recorded value was 1.35 billion current US$ in 1961.
- Is merchandise imports by the reporting economy rising or falling in Least developed countries: UN classification?
- Over the last ten years it is up 40.6%. The long-run trend across the full record is volatile.
- Where does this Least developed countries: UN classification data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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About this data
Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.