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World Trade Summary

2021

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 2021

Overall Exports and Imports for World 2021

Exports and imports of World in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 24,227,433 million.
  • The total value of imports (CIF) was 21,931,213 million.
  • At the HS6 digit level, 4,615 products were exported to 239 countries and 4,641 products were imported from 239 countries.

World top 5 Export and Import partners 2021

Top five countries to which World exported in 2021 are below, along with the percent of total exports that went to that country:

  1. World exports to United States worth US$ 2,827,817 million, with a partner share of 13.06 percent.
  2. World exports to China worth US$ 2,158,872 million, with a partner share of 9.97 percent.
  3. World exports to Germany worth US$ 1,353,626 million, with a partner share of 6.25 percent.
  4. World exports to Hong Kong, China worth US$ 722,557 million, with a partner share of 3.34 percent.
  5. World exports to Netherlands worth US$ 699,721 million, with a partner share of 3.23 percent.

Top five countries from which World imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. World imports from China worth US$ 3,383,436 million, with a partner share of 15.43 percent.
  2. World imports from United States worth US$ 1,703,893 million, with a partner share of 7.77 percent.
  3. World imports from Germany worth US$ 1,538,830 million, with a partner share of 7.02 percent.
  4. World imports from Japan worth US$ 850,188 million, with a partner share of 3.88 percent.
  5. World imports from Korea, Rep. worth US$ 731,209 million, with a partner share of 3.33 percent.

World Top 5 Productsexports imports at HS 6 digit level 2021

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

  1. World exported Monolithic integrated circuits, digital , worth US$ 993,809,567.14 million.
  2. World exported Petroleum oils and oils obtained from bituminou , worth US$ 864,997,414.42 million.
  3. World exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 791,913,767.70 million.
  4. World exported Transmission apparatus, for radioteleph incorpo , worth US$ 484,333,645.66 million.
  5. World exported Other medicaments of mixed or unmixed products, , worth US$ 327,464,535.62 million.

The top five imported HS 6 digit level products from world by World along with trade value are

  1. World imported Monolithic integrated circuits, digital , worth US$ 1,168,484,969.24 million.
  2. World imported Petroleum oils and oils obtained from bituminou , worth US$ 1,064,713,097.78 million.
  3. World imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 689,537,415.82 million.
  4. World imported Transmission apparatus, for radioteleph incorpo , worth US$ 506,986,648.24 million.
  5. World imported Other medicaments of mixed or unmixed products, , worth US$ 353,317,661.82 million.

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by World in 2021 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 5.36 percent.
  • The trade weighted average tariff was 3.77 .
  • The total duty free imports in thousands of US dollars were 32,232.50 and duty free tariff line items share was 55.46 percent.

Development Indicators 2021

Key Development Indicators of World in 2021 are below

  • World GDP in current US dollar was 96,882,398 million.
  • GNI per capita, Atlas method (current US$) was 12,054.77 .
  • World Trade balance: as % of GDP was 0.94.
  • Trade balance in current US$ was 912,153.00 million.
  • Trade as percentage of GDP was 56.53 .
  • Trade in services as percentage of GDP was 12.15 .

Trade Indicators 2021

Trade Indicators for World in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.04.
  • Index of export market penetration was 76.16.
  • World Growth in percentage was 12.59 and World Country Growth was 12.59 .