Should import statements always be at the top of a module?

Question

PEP 08 states:

Imports are always put at the top of the file, just after any module comments and docstrings, and before module globals and constants.<

Answer 1

There can be a performance gain by importing variables/local scoping inside of a function. This depends on the usage of the imported thing inside the function. If you are looping many times and accessing a module global object, importing it as local can help.

test.py

X=10
Y=11
Z=12
def add(i):
  i = i + 10

runlocal.py

from test import add, X, Y, Z

    def callme():
      x=X
      y=Y
      z=Z
      ladd=add 
      for i  in range(100000000):
        ladd(i)
        x+y+z

    callme()

run.py

from test import add, X, Y, Z

def callme():
  for i in range(100000000):
    add(i)
    X+Y+Z

callme()

A time on Linux shows a small gain

/usr/bin/time -f "\t%E real,\t%U user,\t%S sys" python run.py 
    0:17.80 real,   17.77 user, 0.01 sys
/tmp/test$ /usr/bin/time -f "\t%E real,\t%U user,\t%S sys" python runlocal.py 
    0:14.23 real,   14.22 user, 0.01 sys

real is wall clock. user is time in program. sys is time for system calls.

https://docs.python.org/3.5/reference/executionmodel.html#resolution-of-names