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World Trade Summary

2008

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 2008

Overall Exports and Imports for World 2008

Exports and imports of World in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 17,830,857 million.
  • The total value of imports (CIF) was 16,230,617 million.
  • At the HS6 digit level, 4,918 products were exported to 235 countries and 4,949 products were imported from 236 countries.

World top 5 Export and Import partners 2008

Top five countries to which World exported in 2008 are below, along with the percent of total exports that went to that country:

  1. World exports to United States worth US$ 1,925,750 million, with a partner share of 12.18 percent.
  2. World exports to Germany worth US$ 1,108,214 million, with a partner share of 7.01 percent.
  3. World exports to China worth US$ 908,887 million, with a partner share of 5.75 percent.
  4. World exports to France worth US$ 702,058 million, with a partner share of 4.44 percent.
  5. World exports to United Kingdom worth US$ 682,527 million, with a partner share of 4.32 percent.

Top five countries from which World imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. World imports from China worth US$ 1,787,475 million, with a partner share of 11.01 percent.
  2. World imports from Germany worth US$ 1,376,580 million, with a partner share of 8.48 percent.
  3. World imports from United States worth US$ 1,333,130 million, with a partner share of 8.21 percent.
  4. World imports from Japan worth US$ 858,123 million, with a partner share of 5.29 percent.
  5. World imports from France worth US$ 622,725 million, with a partner share of 3.84 percent.

World Top 5 Productsexports imports at HS 6 digit level 2008

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$ 1,241,713,390.85 million.
  2. World exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 779,704,007.34 million.
  3. World exported Other medicaments of mixed or unmixed products, , worth US$ 260,330,945.07 million.
  4. World exported Automobiles with reciprocating piston engine di , worth US$ 225,157,896.31 million.
  5. World exported Monolithic integrated circuits, digital , worth US$ 197,662,713.32 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$ 1,552,600,045.99 million.
  2. World imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 702,371,512.57 million.
  3. World imported Monolithic integrated circuits, digital , worth US$ 255,759,306.33 million.
  4. World imported Other medicaments of mixed or unmixed products, , worth US$ 244,148,579.96 million.
  5. World imported Automobiles with reciprocating piston engine di , worth US$ 230,238,610.11 million.

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by World in 2008 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 6.61 percent.
  • The trade weighted average tariff was 4.76 .
  • The total duty free imports in thousands of US dollars were 202,297.33 and duty free tariff line items share was 45.11 percent.

Development Indicators 2008

Key Development Indicators of World in 2008 are below

  • World GDP in current US dollar was 64,135,193 million.
  • GNI per capita, Atlas method (current US$) was 8,942.85 .
  • World Trade balance: as % of GDP was 0.60.
  • Trade balance in current US$ was 384,720.00 million.
  • Trade as percentage of GDP was 60.96 .
  • Trade in services as percentage of GDP was 12.41 .

Trade Indicators 2008

Trade Indicators for World in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.04.
  • Index of export market penetration was 86.25.
  • World Growth in percentage was 7.43 and World Country Growth was 7.43 .