Nov 26, 2024
America is the World's Largest Importer of Goods 🌎
What We’re Showing
This graphic shows the top 30 largest importers of goods in the world, based on data from the World Trade Organization. Figures are as of 2023.
Key Takeaways
- Due to its large consumer base and advanced economy, the U.S. is the world's largest importer of many product categories including cars, electronics, industrial machinery, and pharmaceuticals.
- China ranks in second, importing more crude oil than any other nation worldwide, primarily from Saudi Arabia, Russia, and Iraq.
- Overall, 27 of the top 30 countries saw annual import values decline in 2023, with the greatest decreases seen in Taiwan (-18%) and Brazil (-14%).