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World Trade Summary

2019

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 2019

Overall Exports and Imports for World 2019

Exports and imports of World in 2019 are below, along with number of countries and products

  • The total value of exports (FoB) was 20,707,428 million.
  • The total value of imports (CIF) was 18,733,026 million.
  • At the HS6 digit level, 4,623 products were exported to 238 countries and 4,764 products were imported from 239 countries.

World top 5 Export and Import partners 2019

Top five countries to which World exported in 2019 are below, along with the percent of total exports that went to that country:

  1. World exports to United States worth US$ 2,379,489 million, with a partner share of 12.91 percent.
  2. World exports to China worth US$ 1,694,593 million, with a partner share of 9.20 percent.
  3. World exports to Germany worth US$ 1,138,555 million, with a partner share of 6.18 percent.
  4. World exports to Unspecified worth US$ 659,501 million, with a partner share of 3.58 percent.
  5. World exports to United Kingdom worth US$ 657,989 million, with a partner share of 3.57 percent.

Top five countries from which World imported goods in 2019 are below, along with percent of total imports that came from the country :

  1. World imports from China worth US$ 2,746,620 million, with a partner share of 14.66 percent.
  2. World imports from United States worth US$ 1,583,977 million, with a partner share of 8.46 percent.
  3. World imports from Germany worth US$ 1,369,478 million, with a partner share of 7.31 percent.
  4. World imports from Japan worth US$ 795,667 million, with a partner share of 4.25 percent.
  5. World imports from Korea, Rep. worth US$ 594,873 million, with a partner share of 3.18 percent.

World Top 5 Productsexports imports at HS 6 digit level 2019

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 790,831,253.82 (US$ Thousands).
  2. World exported Petroleum oils, etc, (excl. crude); preparation , worth 707,470,000.59 (US$ Thousands).
  3. World exported Monolithic integrated circuits, digital , worth 694,097,377.44 (US$ Thousands).
  4. World exported Transmission apparatus, for radioteleph incorpo , worth 416,417,072.42 (US$ Thousands).
  5. World exported Other medicaments of mixed or unmixed products, , worth 286,342,712.66 (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 1,088,028,604.99 (US$ Thousands).
  2. World imported Monolithic integrated circuits, digital , worth 809,878,963.38 (US$ Thousands).
  3. World imported Petroleum oils, etc, (excl. crude); preparation , worth 660,192,660.79 (US$ Thousands).
  4. World imported Transmission apparatus, for radioteleph incorpo , worth 440,224,262.68 (US$ Thousands).
  5. World imported Other medicaments of mixed or unmixed products, , worth 313,728,413.05 (US$ Thousands).

Exports and Imports of Product Groups 2019

Exports and imports of products by stages of processing in 2019 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2019

Tariffs imposed by World in 2019 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 5.68 percent.
  • The trade weighted average tariff was 4.46 .
  • The total duty free imports in thousands of US dollars were 435.07 and duty free tariff line items share was 51.82 percent.

Development Indicators 2019

Key Development Indicators of World in 2019 are below

  • World GDP in current US dollar was 87,728,102 million.
  • GNI per capita, Atlas method (current US$) was 11,504.68 .
  • World Trade balance: as % of GDP was 0.51.
  • Trade balance in current US$ was 447,673.00 million.
  • Trade as percentage of GDP was 56.33 .
  • Trade in services as percentage of GDP was 13.74 .

Trade Indicators 2019

Trade Indicators for World in 2019 are below

  • Hirschman Herfindahl market concentration index was 0.04.
  • Index of export market penetration was 82.43.
  • World Growth in percentage was -1.34 and World Country Growth was -1.34 .