diff --git a/NEWS.md b/NEWS.md
index 53cd1632c5aec..e992ddd8683d1 100644
--- a/NEWS.md
+++ b/NEWS.md
@@ -45,6 +45,9 @@ Standard library changes
   arithmetic to error if the result may be wrapping. Or use a package such as SaferIntegers.jl when
   constructing the range. ([#40382])
 
+#### InteractiveUtils
+* A new macro `@time_imports` for reporting any time spent importing packages and their dependencies ([#41612])
+
 #### Package Manager
 
 #### LinearAlgebra
diff --git a/base/loading.jl b/base/loading.jl
index 851ebf17cc3b9..eac5286263690 100644
--- a/base/loading.jl
+++ b/base/loading.jl
@@ -769,7 +769,7 @@ function _include_from_serialized(path::String, depmods::Vector{Any})
     return restored
 end
 
-function _tryrequire_from_serialized(modkey::PkgId, build_id::UInt64, modpath::Union{Nothing, String})
+function _tryrequire_from_serialized(modkey::PkgId, build_id::UInt64, modpath::Union{Nothing, String}, depth::Int = 0)
     if root_module_exists(modkey)
         M = root_module(modkey)
         if PkgId(M) == modkey && module_build_id(M) === build_id
@@ -780,7 +780,7 @@ function _tryrequire_from_serialized(modkey::PkgId, build_id::UInt64, modpath::U
             modpath = locate_package(modkey)
             modpath === nothing && return nothing
         end
-        mod = _require_search_from_serialized(modkey, String(modpath))
+        mod = _require_search_from_serialized(modkey, String(modpath), depth)
         get!(PkgOrigin, pkgorigins, modkey).path = modpath
         if !isa(mod, Bool)
             for callback in package_callbacks
@@ -821,10 +821,14 @@ function _require_from_serialized(path::String)
     return _include_from_serialized(path, depmods)
 end
 
+# use an Int counter so that nested @time_imports calls all remain open
+const TIMING_IMPORTS = Threads.Atomic{Int}(0)
+
 # returns `true` if require found a precompile cache for this sourcepath, but couldn't load it
 # returns `false` if the module isn't known to be precompilable
 # returns the set of modules restored if the cache load succeeded
-function _require_search_from_serialized(pkg::PkgId, sourcepath::String)
+function _require_search_from_serialized(pkg::PkgId, sourcepath::String, depth::Int = 0)
+    t_before = time_ns()
     paths = find_all_in_cache_path(pkg)
     for path_to_try in paths::Vector{String}
         staledeps = stale_cachefile(sourcepath, path_to_try)
@@ -840,7 +844,7 @@ function _require_search_from_serialized(pkg::PkgId, sourcepath::String)
             dep = staledeps[i]
             dep isa Module && continue
             modpath, modkey, build_id = dep::Tuple{String, PkgId, UInt64}
-            dep = _tryrequire_from_serialized(modkey, build_id, modpath)
+            dep = _tryrequire_from_serialized(modkey, build_id, modpath, depth + 1)
             if dep === nothing
                 @debug "Required dependency $modkey failed to load from cache file for $modpath."
                 staledeps = true
@@ -855,6 +859,13 @@ function _require_search_from_serialized(pkg::PkgId, sourcepath::String)
         if isa(restored, Exception)
             @debug "Deserialization checks failed while attempting to load cache from $path_to_try" exception=restored
         else
+            if TIMING_IMPORTS[] > 0
+                elapsed = round((time_ns() - t_before) / 1e6, digits = 1)
+                tree_prefix = depth == 0 ? "" : "$("  "^(depth-1))┌ "
+                print("$(lpad(elapsed, 9)) ms  ")
+                printstyled(tree_prefix, color = :light_black)
+                println(pkg.name)
+            end
             return restored
         end
     end
diff --git a/stdlib/InteractiveUtils/docs/src/index.md b/stdlib/InteractiveUtils/docs/src/index.md
index 71499744ecb1d..9ad4b5a7cea80 100644
--- a/stdlib/InteractiveUtils/docs/src/index.md
+++ b/stdlib/InteractiveUtils/docs/src/index.md
@@ -26,5 +26,6 @@ InteractiveUtils.code_llvm
 InteractiveUtils.@code_llvm
 InteractiveUtils.code_native
 InteractiveUtils.@code_native
+InteractiveUtils.@time_imports
 InteractiveUtils.clipboard
 ```
diff --git a/stdlib/InteractiveUtils/src/InteractiveUtils.jl b/stdlib/InteractiveUtils/src/InteractiveUtils.jl
index 6f8ba9ea0b080..6eb75e8c0b685 100644
--- a/stdlib/InteractiveUtils/src/InteractiveUtils.jl
+++ b/stdlib/InteractiveUtils/src/InteractiveUtils.jl
@@ -6,7 +6,7 @@ Base.Experimental.@optlevel 1
 
 export apropos, edit, less, code_warntype, code_llvm, code_native, methodswith, varinfo,
     versioninfo, subtypes, supertypes, @which, @edit, @less, @functionloc, @code_warntype,
-    @code_typed, @code_lowered, @code_llvm, @code_native, clipboard
+    @code_typed, @code_lowered, @code_llvm, @code_native, @time_imports, clipboard
 
 import Base.Docs.apropos
 
diff --git a/stdlib/InteractiveUtils/src/macros.jl b/stdlib/InteractiveUtils/src/macros.jl
index 98c47f02f2707..701f548e9da91 100644
--- a/stdlib/InteractiveUtils/src/macros.jl
+++ b/stdlib/InteractiveUtils/src/macros.jl
@@ -232,6 +232,17 @@ macro code_lowered(ex0...)
     end
 end
 
+macro time_imports(ex)
+    quote
+        try
+            Base.TIMING_IMPORTS[] += 1
+            $(esc(ex))
+        finally
+            Base.TIMING_IMPORTS[] -= 1
+        end
+    end
+end
+
 """
     @functionloc
 
@@ -332,3 +343,36 @@ Set the optional keyword argument `debuginfo` by putting it before the function
 `debuginfo` may be one of `:source` (default) or `:none`, to specify the verbosity of code comments.
 """
 :@code_native
+
+"""
+    @time_imports
+
+A macro to execute an expression and produce a report of any time spent importing packages and their
+dependencies.
+
+If a package's dependencies have already been imported either globally or by another dependency they will
+not appear under that package and the package will accurately report a faster load time than if it were to
+be loaded in isolation.
+
+```julia-repl
+julia> @time_imports using CSV
+      3.5 ms    ┌ IteratorInterfaceExtensions
+     27.4 ms  ┌ TableTraits
+    614.0 ms  ┌ SentinelArrays
+    138.6 ms  ┌ Parsers
+      2.7 ms  ┌ DataValueInterfaces
+      3.4 ms    ┌ DataAPI
+     59.0 ms  ┌ WeakRefStrings
+     35.4 ms  ┌ Tables
+     49.5 ms  ┌ PooledArrays
+    972.1 ms  CSV
+```
+
+!!! note
+    During the load process a package sequentially imports where necessary all of its dependencies, not just
+    its direct dependencies. That is also true for the dependencies themselves so nested importing will likely
+    occur, but not always. Therefore the nesting shown in this output report is not equivalent to the dependency
+    tree, but does indicate where import time has accumulated.
+
+"""
+:@time_imports
diff --git a/stdlib/InteractiveUtils/test/runtests.jl b/stdlib/InteractiveUtils/test/runtests.jl
index f9e3a4ce71e9f..8770de8797f04 100644
--- a/stdlib/InteractiveUtils/test/runtests.jl
+++ b/stdlib/InteractiveUtils/test/runtests.jl
@@ -586,3 +586,36 @@ let
     opt = false
     @test !(first(@code_typed optimize=opt sum(1:10)).inferred)
 end
+
+@testset "@time_imports" begin
+    mktempdir() do dir
+        cd(dir) do
+            try
+                pushfirst!(LOAD_PATH, dir)
+                foo_file = joinpath(dir, "Foo3242.jl")
+                write(foo_file,
+                    """
+                    module Foo3242
+                    foo() = 1
+                    end
+                    """)
+
+                Base.compilecache(Base.PkgId("Foo3242"))
+
+                fname = tempname()
+                f = open(fname, "w")
+                redirect_stdout(f) do
+                    @eval @time_imports using Foo3242
+                end
+                close(f)
+                buf = read(fname)
+                rm(fname)
+
+                @test occursin("ms  Foo3242\n", String(buf))
+
+            finally
+                filter!((≠)(dir), LOAD_PATH)
+            end
+        end
+    end
+end