In March, President Donald Trump imposed tariffs on imports from Canada, Mexico, and China, as well as introduced sweeping 25% tariffs on all aluminium and steel imports. But overall, what is the importance of imported goods?
Imports are a huge part of the world economy and can influence everything from the cost of goods to how readily available they are (or aren't). In this gallery, you'll find the world's top 30 biggest importers of 2023 ranked according to Visual Capitalist. It's important to understand how much countries import and what they're importing to fully grasp how the upcoming tariffs could impact business and life in general.
Curious about who took the top spot? Click through now to find out.
All values are in USD.
The Czech Republic imported $231 billion in 2023. Broadcasting equipment, motor vehicles, and petroleum gas were the top imports of the Czech Republic.
Thailand imported $290 billion in 2023. The largest imports here included mineral fuels, machinery (including computers), and vehicles.
Turkey imported $362 billion in 2023. Mineral fuels and oils were the main products imported.
Poland imported $370 billion in 2023, focusing on vehicles, mineral fuels, oils, and distillation products.
Singapore imported $423 billion in 2023. Top imports included circuits, refined petroleum, and crude petroleum.
Italy imported $640 billion in 2023. Top imports included machinery, nuclear reactors, boilers, electrical equipment, and pharmaceutical products.
Hong Kong imported $654 billion in 2023. The top imports included circuits, broadcasting equipment, and office machine parts.
Japan imported $786 billion in 2023. Crude petroleum, integrated circuits, petroleum gas, and cars were top imports.
Germany imported $1.46 trillion in 2023. Vehicles, mineral fuels, and pharmaceutical products were top imports.
The United States imported $3.17 trillion in 2023. Capital goods, excluding automotive, were the most imported goods in 2023. Next were electronic devices and computers.
Sources: (Investopedia) (Trading Economics) (Statista) (Visual Capitalist)
See also: The 30 richest countries in the world
The world's 30 biggest importers of goods
Which country had the most imported goods?
LIFESTYLE Imports
In March, President Donald Trump imposed tariffs on imports from Canada, Mexico, and China, as well as introduced sweeping 25% tariffs on all aluminium and steel imports. But overall, what is the importance of imported goods? Imports are a huge part of the world economy and can influence everything from the cost of goods to how readily available they are (or aren't). In this gallery, you'll find the world's top 30 biggest importers of 2023 ranked according to Visual Capitalist. It's important to understand how much countries import and what they're importing to fully grasp how the upcoming tariffs could impact business and life in general.
Curious about who took the top spot? Click through now to find out.
All values are in USD.