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World Trade Summary

2022

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 2022

Overall Exports and Imports for World 2022

Exports and imports of World in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 26,254,899 million.
  • The total value of imports (CIF) was 24,614,584 million.
  • At the HS6 digit level, 4,617 products were exported to 238 countries and 4,652 products were imported from 239 countries.

World top 5 Export and Import partners 2022

Top five countries to which World exported in 2022 are below, along with the percent of total exports that went to that country:

  1. World exports to United States worth US$ 3,131,035 million, with a partner share of 13.30 percent.
  2. World exports to China worth US$ 2,033,265 million, with a partner share of 8.63 percent.
  3. World exports to Germany worth US$ 1,463,839 million, with a partner share of 6.22 percent.
  4. World exports to Unspecified worth US$ 979,538 million, with a partner share of 4.16 percent.
  5. World exports to Netherlands worth US$ 794,846 million, with a partner share of 3.38 percent.

Top five countries from which World imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. World imports from China worth US$ 3,608,671 million, with a partner share of 14.66 percent.
  2. World imports from United States worth US$ 2,045,401 million, with a partner share of 8.31 percent.
  3. World imports from Germany worth US$ 1,532,697 million, with a partner share of 6.23 percent.
  4. World imports from Japan worth US$ 855,732 million, with a partner share of 3.48 percent.
  5. World imports from Korea, Rep. worth US$ 792,569 million, with a partner share of 3.22 percent.

World Top 5 Productsexports imports at HS 6 digit level 2022

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 1,219,845,778.44 (US$ Thousands).
  2. World exported Petroleum oils, etc, (excl. crude); preparation , worth 1,069,444,539.80 (US$ Thousands).
  3. World exported Monolithic integrated circuits, digital , worth 1,053,610,197.60 (US$ Thousands).
  4. World exported Transmission apparatus, for radioteleph incorpo , worth 576,896,647.99 (US$ Thousands).
  5. World exported Other medicaments of mixed or unmixed products, , worth 354,993,254.93 (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 1,591,338,964.90 (US$ Thousands).
  2. World imported Monolithic integrated circuits, digital , worth 1,224,722,248.49 (US$ Thousands).
  3. World imported Petroleum oils, etc, (excl. crude); preparation , worth 1,034,583,940.35 (US$ Thousands).
  4. World imported Transmission apparatus, for radioteleph incorpo , worth 585,702,993.66 (US$ Thousands).
  5. World imported Gold in unwrought forms non-monetary , worth 407,271,835.29 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by World in 2022 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 5.19 percent.
  • The trade weighted average tariff was 4.01 .
  • The total duty free imports in thousands of US dollars were 412,638.82 and duty free tariff line items share was 55.87 percent.

Development Indicators 2022

Key Development Indicators of World in 2022 are below

  • World GDP in current US dollar was 102,434,886 million.
  • GNI per capita, Atlas method (current US$) was 12,953.87 .
  • World Trade balance: as % of GDP was 0.77.
  • Trade balance in current US$ was 786,000.00 million.
  • Trade as percentage of GDP was 62.61 .
  • Trade in services as percentage of GDP was 13.65 .

Trade Indicators 2022

Trade Indicators for World in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.04.
  • Index of export market penetration was 80.11.
  • World Growth in percentage was 5.84 and World Country Growth was 5.84 .