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United States Imports (% GDP)

The United States' imports (% GDP) rose to 13.99% in 2024, up from 13.89% in 2023, according to World Bank. This represents an increase of 0.1% from the previous year. The United States has the 5th lowest imports (% GDP). Other bottom countries are Sudan, Ethiopia, Turkmenistan and Argentina.

The United States' exports (% GDP) fell to 10.9% in 2024, down from 11.01% in 2023.

Yearly Historical Data (1960-2024)

(in %)
Year Imports (% GDP)
2024 13.99%
2023 13.89%
2022 15.29%
2021 14.42%
2020 13.01%
2019 14.47%
2018 15.16%
2017 14.95%
2016 14.56%
2015 15.28%
2014 16.4%
2013 16.39%
2012 17.04%
2011 17.28%
2010 15.88%
2009 13.83%
2008 17.44%
2007 16.55%
2006 16.33%
2005 15.66%
2004 14.82%
2003 13.59%
2002 13.15%
2001 13.26%
2000 14.41%
1999 13%
1998 12.31%
1997 12.31%
1996 11.94%
1995 11.81%
1994 11.16%
1993 10.5%
1992 10.24%
1991 10.13%
1990 10.56%
1989 10.48%
1988 10.58%
1987 10.48%
1986 9.89%
1985 9.62%
1984 10.03%
1983 9.04%
1982 9.07%
1981 9.91%
1980 10.28%
1979 9.62%
1978 9.03%
1977 8.76%
1976 8.07%
1975 7.28%
1974 8.25%
1973 6.4%
1972 5.8%
1971 5.35%
1970 5.2%
1969 4.96%
1968 4.94%
1967 4.64%
1966 4.55%
1965 4.24%
1964 4.1%
1963 4.09%
1962 4.13%
1961 4.03%
1960 4.21%
United States Imports (% GDP) : Definition
Imports (% GDP) measures the value of goods and services bought from other countries by United States compared to its total economic output.
Indicator Last Value Prior Value Period
Annual Exports $2.06T $2.02T 2024
Annual Imports $3.36T $3.17T 2024
Balance of Trade -$78.3B -$59.1B Jul'25
Exports $280B $280B Jul'25
Exports (% GDP) 10.9% 11.01% 2024
FDI Inflows (% GDP) 1.33% 1.26% 2024
Imports $359B $339B Jul'25
Net Trade (Goods & Services, BoP) -$917.84B -$784.89B 2024
Tariff Rate 2.72% 2.79% 2022
Trade (% GDP) 24.89% 24.9% 2024