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World Trade Summary

2007

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 2007

Overall Exports and Imports for World 2007

Exports and imports of World in 2007 are below, along with number of countries and products

  • The total value of exports (FoB) was 15,495,316 million.
  • The total value of imports (CIF) was 14,064,215 million.
  • At the HS6 digit level, 4,953 products were exported to 236 countries and 5,007 products were imported from 236 countries.

World top 5 Export and Import partners 2007

Top five countries to which World exported in 2007 are below, along with the percent of total exports that went to that country:

  1. World exports to United States worth US$ 1,811,827 million, with a partner share of 13.19 percent.
  2. World exports to Germany worth US$ 972,716 million, with a partner share of 7.08 percent.
  3. World exports to China worth US$ 817,168 million, with a partner share of 5.95 percent.
  4. World exports to United Kingdom worth US$ 633,759 million, with a partner share of 4.61 percent.
  5. World exports to France worth US$ 628,656 million, with a partner share of 4.58 percent.

Top five countries from which World imported goods in 2007 are below, along with percent of total imports that came from the country :

  1. World imports from China worth US$ 1,562,106 million, with a partner share of 11.11 percent.
  2. World imports from Germany worth US$ 1,251,554 million, with a partner share of 8.90 percent.
  3. World imports from United States worth US$ 1,182,116 million, with a partner share of 8.41 percent.
  4. World imports from Japan worth US$ 787,597 million, with a partner share of 5.60 percent.
  5. World imports from France worth US$ 573,831 million, with a partner share of 4.08 percent.

World Top 5 Productsexports imports at HS 6 digit level 2007

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 US$ 879,601,300.68 million.
  2. World exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 531,542,570.53 million.
  3. World exported Other medicaments of mixed or unmixed products, , worth US$ 235,222,591.49 million.
  4. World exported Automobiles with reciprocating piston engine di , worth US$ 219,883,549.19 million.
  5. World exported Monolithic integrated circuits, digital , worth US$ 195,217,218.82 million.

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 US$ 1,075,041,131.76 million.
  2. World imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 502,251,242.67 million.
  3. World imported Monolithic integrated circuits, digital , worth US$ 254,686,154.91 million.
  4. World imported Automobiles with reciprocating piston engine di , worth US$ 229,740,779.77 million.
  5. World imported Other medicaments of mixed or unmixed products, , worth US$ 214,722,852.55 million.

Exports and Imports of Product Groups 2007

Exports and imports of products by stages of processing in 2007 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2007

Tariffs imposed by World in 2007 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 6.41 percent.
  • The trade weighted average tariff was 4.91 .
  • The total duty free imports in thousands of US dollars were 26,603.83 and duty free tariff line items share was 44.29 percent.

Development Indicators 2007

Key Development Indicators of World in 2007 are below

  • World GDP in current US dollar was 58,361,097 million.
  • GNI per capita, Atlas method (current US$) was 8,344.54 .
  • World Trade balance: as % of GDP was 0.67.
  • Trade balance in current US$ was 392,088.00 million.
  • Trade as percentage of GDP was 59.32 .
  • Trade in services as percentage of GDP was 12.06 .

Trade Indicators 2007

Trade Indicators for World in 2007 are below

  • Hirschman Herfindahl market concentration index was 0.04.
  • Index of export market penetration was 88.33.
  • World Growth in percentage was 7.58 and World Country Growth was 7.58 .