Data on imports of goods and services and primary income (USD) for countries around the world, with a graph of the top countries

Import

Abstract

According to data for 2023, the combined value of exports of goods and services and primary income in the world economy reached USD 37.3 trillion. This indicates the scale of global trade and the importance of international income transfers. Over the past few decades, trade growth has accelerated due to international economic integration and technological innovation. In particular, economic growth in the Asia-Pacific region and the rise of China are stimulating trade expansion. The increase in primary income also reflects increased global investment and capital flows. This has led to deeper economic ties between developed and emerging countries, making their economies more interdependent. However, with the influence of trade wars, geopolitical risks, and environmental issues, it is necessary to pay close attention to future developments.

Imports of goods and services and primary income (usd)

Looking at data from 1960 to 2023, the combined value of exports of goods and services and primary income increased dramatically, reaching USD 37.3 trillion in 2023. This reflects the rapid growth of the global economy and the expansion of international trade. From a relatively low level in the early 1960s, the scale of international trade and investment has expanded exponentially due to the progress of globalization and technological innovation. Especially since the 1990s, the growth of emerging markets such as China and India has boosted trade volumes and intensified transfers of primary income. Although there have been obstacles such as the 2008 financial crisis and recent trade frictions, there is a long-term trend of sustained growth. With the economy now reaching its peak in 2023, this indicates that global economic integration has reached its peak, but attention will be focused on how the impact of environmental issues and geopolitical risks will play out in the future.

Imports of goods and services and primary income (usd)
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The maximum is 24.3TUSD[2022] of World, and the current value is about 94.5%

Imports of goods and services and primary income (USD) (worldwide)

Based on data from 1960 to 2023, the combined value of U.S. exports of goods and services and primary income reached a historic peak of USD 5.11 trillion in 2023. This growth signals the expansion of America’s economic power and international influence. Compared to data from the 1960s, the United States has experienced strong economic growth through trade and investment over the long term. Since the 1990s, globalization and technological innovation have accelerated economic growth, supporting exports, particularly in high-tech industries and financial services. In addition, America’s primary income reflects foreign investment returns and corporate profits, and it plays an important role in global economic networks. However, with trade wars and geopolitical risks having an impact, future developments require careful observation.

Imports of goods and services and primary income (USD) (worldwide)
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The maximum is 3.27TUSD[2022] of United States, and the current value is about 95.1%

Imports of goods and services and primary income (USD) (World Countries, Latest Year)

According to data for 2023, the United States recorded the world’s largest combined exports of goods and services and primary income, reaching USD 5.11 trillion. This shows that the American economy remains at the center of global economic activity. The overall total is US$33.8 trillion, reflecting the growth of the global economy and the expansion of international trade and investment. Also, the average amount is USD 299 billion, suggesting an uneven distribution of international revenues and investment. Over the past few decades, the American economy has benefited from globalization and technological innovation. In particular, the IT revolution and financial globalization since the 1990s have significantly boosted American exports and primary income. In addition, economic growth in emerging countries and the development of international supply chains have strengthened America’s economic influence. On the other hand, there are trade wars and geopolitical risks, so future prospects require careful analysis. Overall, the American economy continues to play a key role in the international economic system.

Imports of goods and services and primary income (USD) (World Countries, Latest Year)
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The maximum is 3.11TUSD of United States, the average is 183GUSD, and the total is 20.9TUSD

Imports of goods and services and primary income (usd) (region, latest year)

According to data for 2023, the combined value of global exports of goods and services and primary income reached USD 39.5 trillion. The European Union (EU) accounted for the largest share at USD 11.5 trillion, reflecting the EU’s economic influence and extensive trade network. The average amount is 4.38 trillion USD, showing differences in the economic size of each region and country. Over the past few decades, the EU has played a major role in international trade and investment, with strong economic integration and a growing internal market. In particular, the creation of the single market in the 1990s and its enlargement in the 2000s strengthened the EU’s economic influence. EU trade and primary income data show that globalisation and technological innovation are increasing international economic activity and making the EU a core part of the economy. However, economic imbalances and geopolitical challenges remain, and future developments require close attention. Overall, the EU economy remains an important player in the world economy and its developments have a significant impact on the global economic environment.

Imports of goods and services and primary income (usd) (region, latest year)
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The maximum is 6.41TUSD of European Union, the average is 3TUSD, and the total is 24TUSD

Reference

The World Bank – Imports of goods, services and primary income (BoP, current US$)

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