Goods imports as a part of balance payment rose 25.6% to USD 5,933 bil in the European Union in 2021, according to the National Statistical Office.
Historically, goods imports as a part of balance payment in the European Union reached an all time high of USD 5,933 bil in 2021 and an all time low of USD 326 bil in 1975. When compared to European Union's main peers, goods imports as a part of balance payment in China amounted to USD 2,653 bil, USD 733 bil in Japan, USD 304 bil in Russia and USD 2,852 bil in USA in 2021.
European Union has been ranked th within the group of 140 countries we follow in terms of goods imports as a part of balance payment.
Goods Imports (BoP, USD) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Canada | USD bil | 430 | 413 | 443 | 469 | 463 | ||||||||||||||||
China | USD bil | 1,567 | 1,501 | 1,740 | 2,037 | 1,994 | ||||||||||||||||
European Union | USD bil | 4,222 | 4,262 | 4,752 | 5,312 | 5,123 | ||||||||||||||||
Germany | USD bil | 1,019 | 1,025 | 1,132 | 1,261 | 1,219 | ||||||||||||||||
India | USD bil | 409 | 376 | 452 | 519 | 489 | ||||||||||||||||
Japan | USD bil | 629 | 585 | 645 | 725 | 694 | ||||||||||||||||
Mexico | USD bil | 396 | 387 | 421 | 465 | 456 | ||||||||||||||||
Russia | USD bil | 193 | 191 | 238 | 249 | 254 | ||||||||||||||||
South Korea | USD bil | 423 | 395 | 467 | 516 | 477 | ||||||||||||||||
USA | USD bil | 2,273 | 2,207 | 2,356 | 2,556 | 2,512 |