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World Trade Summary

2017

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 2017

Overall Exports and Imports for World 2017

Exports and imports of World in 2017 are below, along with number of countries and products

  • The total value of exports (FoB) was 19,387,786 million.
  • The total value of imports (CIF) was 17,484,996 million.
  • At the HS6 digit level, 4,691 products were exported to 238 countries and 4,828 products were imported from 239 countries.

World top 5 Export and Import partners 2017

Top five countries to which World exported in 2017 are below, along with the percent of total exports that went to that country:

  1. World exports to United States worth US$ 2,199,202 million, with a partner share of 12.74 percent.
  2. World exports to China worth US$ 1,567,781 million, with a partner share of 9.08 percent.
  3. World exports to Germany worth US$ 1,063,448 million, with a partner share of 6.16 percent.
  4. World exports to Hong Kong, China worth US$ 628,472 million, with a partner share of 3.64 percent.
  5. World exports to United Kingdom worth US$ 621,219 million, with a partner share of 3.60 percent.

Top five countries from which World imported goods in 2017 are below, along with percent of total imports that came from the country :

  1. World imports from China worth US$ 2,634,507 million, with a partner share of 15.07 percent.
  2. World imports from United States worth US$ 1,486,972 million, with a partner share of 8.50 percent.
  3. World imports from Germany worth US$ 1,338,160 million, with a partner share of 7.65 percent.
  4. World imports from Japan worth US$ 787,264 million, with a partner share of 4.50 percent.
  5. World imports from Korea, Rep. worth US$ 613,415 million, with a partner share of 3.51 percent.

World Top 5 Productsexports imports at HS 6 digit level 2017

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

  1. World exported Petroleum oils, etc, (excl. crude); preparation , worth 627,988,632.53 (US$ Thousands).
  2. World exported Petroleum oils and oils obtained from bituminou , worth 595,040,754.25 (US$ Thousands).
  3. World exported Monolithic integrated circuits, digital , worth 510,448,249.10 (US$ Thousands).
  4. World exported Transmission apparatus, for radioteleph incorpo , worth 377,970,944.65 (US$ Thousands).
  5. World exported Automobiles with reciprocating piston engine di , worth 278,023,984.23 (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 884,639,854.30 (US$ Thousands).
  2. World imported Monolithic integrated circuits, digital , worth 628,094,760.71 (US$ Thousands).
  3. World imported Petroleum oils, etc, (excl. crude); preparation , worth 575,376,205.21 (US$ Thousands).
  4. World imported Transmission apparatus, for radioteleph incorpo , worth 438,105,324.10 (US$ Thousands).
  5. World imported Automobiles with reciprocating piston engine di , worth 281,760,793.08 (US$ Thousands).

Exports and Imports of Product Groups 2017

Exports and imports of products by stages of processing in 2017 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2017

Tariffs imposed by World in 2017 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 4.97 percent.
  • The trade weighted average tariff was 4.05 .
  • The total duty free imports in thousands of US dollars were 254,512,022.04 and duty free tariff line items share was 53.04 percent.

Development Indicators 2017

Key Development Indicators of World in 2017 are below

  • World GDP in current US dollar was 81,442,049 million.
  • GNI per capita, Atlas method (current US$) was 10,411.70 .
  • World Trade balance: as % of GDP was 0.71.
  • Trade balance in current US$ was 578,371.00 million.
  • Trade as percentage of GDP was 56.08 .
  • Trade in services as percentage of GDP was 13.26 .

Trade Indicators 2017

Trade Indicators for World in 2017 are below

  • Hirschman Herfindahl market concentration index was 0.04.
  • Index of export market penetration was 85.99.
  • World Growth in percentage was 5.17 and World Country Growth was 5.17 .