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World Trade Summary

1994

World exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR WORLD 1994

Overall Exports and Imports for World 1994

Exports and imports of World in 1994 are below, along with number of countries and products

  • The total value of exports (FoB) was 3,758,696 million.
  • The total value of imports (CIF) was 3,810,630 million.
  • At the HS6 digit level, 5,037 products were exported to 226 countries and 5,037 products were imported from 226 countries.

World top 5 Export and Import partners 1994

Top five countries to which World exported in 1994 are below, along with the percent of total exports that went to that country:

  1. World exports to United States worth US$ 609,156 million, with a partner share of 16.21 percent.
  2. World exports to Germany worth US$ 315,745 million, with a partner share of 8.40 percent.
  3. World exports to Japan worth US$ 204,974 million, with a partner share of 5.45 percent.
  4. World exports to United Kingdom worth US$ 199,369 million, with a partner share of 5.30 percent.
  5. World exports to France worth US$ 191,035 million, with a partner share of 5.08 percent.

Top five countries from which World imported goods in 1994 are below, along with percent of total imports that came from the country :

  1. World imports from United States worth US$ 487,901 million, with a partner share of 12.80 percent.
  2. World imports from Japan worth US$ 375,225 million, with a partner share of 9.85 percent.
  3. World imports from Germany worth US$ 348,752 million, with a partner share of 9.15 percent.
  4. World imports from France worth US$ 196,583 million, with a partner share of 5.16 percent.
  5. World imports from China worth US$ 181,355 million, with a partner share of 4.76 percent.

World Top 5 Productsexports imports at HS 6 digit level 1994

The top five exported HS 6 digit level products to world by World along with trade value are:

  1. World exported Petroleum oils and oils obtained from bituminou , worth 102,722,872.09 (US$ Thousands).
  2. World exported Automobiles with reciprocating piston engine di , worth 92,486,651.24 (US$ Thousands).
  3. World exported Parts and accessories of automatic data process , worth 63,229,086.14 (US$ Thousands).
  4. World exported Monolithic integrated circuits, digital , worth 61,556,161.41 (US$ Thousands).
  5. World exported Automobiles with reciprocating piston engine di , worth 40,070,942.21 (US$ Thousands).

The top five imported HS 6 digit level products from world by World along with trade value are

  1. World imported Petroleum oils and oils obtained from bituminou , worth 165,696,307.73 (US$ Thousands).
  2. World imported Automobiles with reciprocating piston engine di , worth 97,067,905.42 (US$ Thousands).
  3. World imported Parts and accessories of automatic data process , worth 60,967,192.61 (US$ Thousands).
  4. World imported Monolithic integrated circuits, digital , worth 59,336,378.88 (US$ Thousands).
  5. World imported Automobiles with reciprocating piston engine di , worth 39,115,783.20 (US$ Thousands).

Exports and Imports of Product Groups 1994

Exports and imports of products by stages of processing in 1994 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1994

Tariffs imposed by World in 1994 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 13.99 percent.
  • The trade weighted average tariff was 12.12 .
  • The total duty free imports in thousands of US dollars were 93,289.99 and duty free tariff line items share was 21.42 percent.

Development Indicators 1994

Key Development Indicators of World in 1994 are below

  • World GDP in current US dollar was 27,899,568 million.
  • GNI per capita, Atlas method (current US$) was 4,939.85 .
  • World Trade balance: as % of GDP was 0.42.
  • Trade balance in current US$ was 116,526.00 million.
  • Trade as percentage of GDP was 41.07 .
  • Trade in services as percentage of GDP was 8.18 .

Trade Indicators 1994

Trade Indicators for World in 1994 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 60.73.
  • World Growth in percentage was 15.29 and World Country Growth was 15.29 .