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World Trade

Latest trade data available from various sources.

Please note: The data from various sources are not from the same year.

Year
For viewing trade, tariff data for country or region by year click here .
Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

TRADE SUMMARY FOR World

Overall Exports and Imports for World 2023

  • The total value of exports (FOB) is US$ 25,317,885 million.
  • The total value of imports (CIF) is US$ 23,098,223 million.
  • At the HS6 digit level, 4,614 products are exported to 238 countries and 4,649 products are imported from 238 countries.

Top 5 Products exports imports at HS 6 digit level 2023

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

  • World exported Petroleum oils and oils obtained from bituminou , worth 1,031,801,009.82 (US$ Thousands).
  • World exported Petroleum oils, etc, (excl. crude); preparation , worth 944,755,717.65 (US$ Thousands).
  • World exported Monolithic integrated circuits, digital , worth 931,050,056.30 (US$ Thousands).
  • World exported Transmission apparatus, for radioteleph incorpo , worth 605,527,031.34 (US$ Thousands).
  • World exported Other medicaments of mixed or unmixed products, , worth 356,003,797.56 (US$ Thousands).

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

  • World imported Petroleum oils and oils obtained from bituminou , worth 1,369,123,661.63 (US$ Thousands).
  • World imported Monolithic integrated circuits, digital , worth 1,066,999,222.51 (US$ Thousands).
  • World imported Petroleum oils, etc, (excl. crude); preparation , worth 914,016,274.12 (US$ Thousands).
  • World imported Transmission apparatus, for radioteleph incorpo , worth 630,965,309.36 (US$ Thousands).
  • World imported Gold in unwrought forms non-monetary , worth 471,586,085.78 (US$ Thousands).

World top 5 Export and Import partners 2023

The top five countries to which World exported 2023 along with the partner share in percentage are:

  1. World exports to United States worth US$ 3,034,582 million, with a partner share of 13.45 percent.
  2. World exports to China worth US$ 1,929,848 million, with a partner share of 8.56 percent.
  3. World exports to Germany worth US$ 1,365,010 million, with a partner share of 6.05 percent.
  4. World exports to Unspecified worth US$ 854,304 million, with a partner share of 3.79 percent.
  5. World exports to Netherlands worth US$ 763,214 million, with a partner share of 3.38 percent.

The top five countries to which World imported goods 2023 along with the share in percentage are

  1. World imports from China worth US$ 3,267,596 million, with a partner share of 14.15 percent.
  2. World imports from United States worth US$ 1,948,373 million, with a partner share of 8.44 percent.
  3. World imports from Germany worth US$ 1,565,135 million, with a partner share of 6.78 percent.
  4. World imports from Japan worth US$ 816,924 million, with a partner share of 3.54 percent.
  5. World imports from Korea, Rep. worth US$ 708,208 million, with a partner share of 3.07 percent.

World Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.


Tariff and Trade Barriers

Tariffs 2023

Tariffs imposed by World in 2023 are below.

  • The maximum rate of tariff in percentage on any product is 3,000.
  • The simple average tariff across all products is 5.60.
  • The trade weighted average tariff is 4.34.
  • The total duty free imports in thousands of US dollars are 204,887.82 and duty free tariff line items share is 53.58.

Overall Trade Restrictiveness Index (OTRI)

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  • Overall Trade Restrictiveness Index - Applied Tariff for the year is not available.
  • Overall Trade Restrictiveness Index - MFN Tariff for the year is not available.

Non-Tariff Measures (NTM)

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  • No Of NTM Measures is not available.
  • No Of NTM Affected Products (HS 6 Digit) is not available.

Temporary Trade Barriers Database (TTDB) .

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  • Temporary Trade Barriers in Effect - Simple Average for the year is not available.
  • Temporary Trade Barriers in Effect - Weighted Average for the year is not available.

World World Development Indicators (WDI) 2023

Key Development Indicators of World in 2023 are below

WDI

World Doing Business

  • The ease of doing business rank for World is not available.
  • The trade across border rank is not available.
Doing Business

World Country Policy and Institutional Assessment (CPIA), 2018

  • The CPIA Trade Ratings for 2018 is 3.78.
CPIA

WorldLogistics Performance Index (LPI)

  • The LPI score for World in is not available.
  • The LPI rank is not available.
LPI

World Services Service Policy Restrictive Database (SPRD)

  • Services Trade Restrictions Index (Over All) for World is not available.
SPRD