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Economy > Trade Stats: compare key data on European Union & Philippines

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Definitions

  • Export growth: Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2000 U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments."
  • Exports: The total US dollar amount of exports on an f.o.b. (free on board) basis.
  • Exports > Exports of goods and services > Constant 2000 US$ per capita: Exports of goods and services (constant 2000 US$). Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2005 U.S. dollars. Figures expressed per capita for the same year.
  • Exports > Exports of goods, services and primary income > BoP, current US$: Exports of goods, services and primary income (BoP, current US$). Exports of goods, services and primary income is the sum of goods exports, service exports and primary income receipts. Data are in current U.S. dollars.
  • Exports > Goods: Goods imports refer to all movable goods (including nonmonetary gold) involved in a change of ownership from nonresidents to residents. The category includes goods previously included in services: goods received or sent for processing and their subsequent export or import in the form of processed goods, repairs on goods, and goods procured in ports by carriers. Data are in current U.S. dollars."
  • Exports > High-technology exports > Current US$ per capita: High-technology exports (current US$). High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Exports > Leading export market: Country or customs union which is the main recipient of exports.
  • Exports > Per $ GDP: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Exports > Per capita: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per capita figures expressed per 1 population.
  • Exports per capita: The total US dollar amount of exports on an f.o.b. (free on board) basis. Figures expressed per capita for the same year.
  • Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Imports per capita: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Tariffs > Binding coverage > All products: Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable.
  • Tariffs > Tariff rate > Applied > Simple mean > All products: Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs."
  • Tariffs > Tariff rate > Applied > Weighted mean > All products: Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead."
  • Exports > High-technology exports > Current US$, % of GDP: High-technology exports (current US$). High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars. Figures expressed as a proportion of GDP for the same year
  • Imports > Computer > Communications and other services > % of commercial service imports: Computer, communications and other services (% of commercial service imports) include such activities as international telecommunications, and postal and courier services; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; and personal, cultural, and recreational services."
  • Imports > Goods > Services and income: Imports of goods, services and income is the sum of goods (merchandise) imports, imports of (nonfactor) services and income (factor) payments. Data are in current U.S. dollars."
  • Imports > Import procedure fees > US$ per container: Cost measures the fees levied on a 20-foot container in U.S. dollars. All the fees associated with completing the procedures to export or import the goods are included. These include costs for documents, administrative fees for customs clearance and technical control, customs broker fees, terminal handling charges and inland transport. The cost measure does not include tariffs or trade taxes. Only official costs are recorded."
  • Exports > Manufactures > Exports > % of merchandise > Exports: Manufactures comprise commodities in SITC sections 5 (chemicals), 6 (basic manufactures), 7 (machinery and transport equipment), and 8 (miscellaneous manufactured goods), excluding division 68 (non-ferrous metals)."
  • Imports > Merchandise imports by the reporting economy > Current US$: Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars."
  • Balance of payments > Secondary income receipts > BoP, current US$: Secondary income receipts (BoP, current US$). Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.
  • Balance of payments > Personal transfers, receipts > BoP, current US$: Personal transfers, receipts (BoP, current US$). Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Data are in current U.S. dollars.
  • Exports > Merchandise > Exports to third world economies within region > % of total merchandise > Exports: Merchandise exports to third world economies within region are the sum of merchandise exports from the reporting economy to other third world economies in the same World Bank region as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies."
  • Exports > Computer, communications and other services > % of commercial service exports: Computer, communications and other services (% of commercial service exports). Computer, communications and other services (% of commercial service exports) include such activities as international telecommunications, and postal and courier services; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; and personal, cultural, and recreational services.
  • Imports > Documents to import > Number: Documents to import (number). All documents required per shipment to import goods are recorded. It is assumed that the contract has already been agreed upon and signed by both parties. Documents required for clearance by government ministries, customs authorities, port and container terminal authorities, health and technical control agencies and banks are taken into account. Since payment is by letter of credit, all documents required by banks for the issuance or securing of a letter of credit are also taken into account. Documents that are renewed annually and that do not require renewal per shipment (for example, an annual tax clearance certificate) are not included.
  • Exports > Insurance and financial services > % of commercial service > Exports: Insurance and financial services cover freight insurance on goods exported and other direct insurance such as life insurance; financial intermediation services such as commissions, foreign exchange transactions, and brokerage services; and auxiliary services such as financial market operational and regulatory services."
  • Exports > Merchandise > Exports by the reporting economy > Residual > % of total merchandise > Exports: Merchandise exports by the reporting economy residuals are the total merchandise exports by the reporting economy to the rest of the world as reported in the IMF's Direction of trade database, less the sum of exports by the reporting economy to high-, low-, and middle-income economies according to the World Bank classification of economies as of July 1, 2009. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise exports by the economy."
  • Balance of payments > Personal remittances, received > Current US$ per capita: Personal remittances, received (current US$). Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars. Figures expressed per capita for the same year.
  • Tariffs > Tariff rate > Most favored nation > Simple mean > Manufactured products: Simple mean most favored nation tariff rate is the unweighted average of most favored nation rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.
  • Exports > Merchandise exports by the reporting economy > Current US$, % of GDP: Merchandise exports by the reporting economy (current US$). Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$. Figures expressed as a proportion of GDP for the same year
  • Balance of payments > Secondary income, other sectors, payments > BoP, current US$: Secondary income, other sectors, payments (BoP, current US$). Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.
  • Balance of payments > Charges for the use of intellectual property, receipts > BoP, current US$: Charges for the use of intellectual property, receipts (BoP, current US$). Charges for the use of intellectual property are payments and receipts between residents and nonresidents for the authorized use of proprietary rights (such as patents, trademarks, copyrights, industrial processes and designs including trade secrets, and franchises) and for the use, through licensing agreements, of produced originals or prototypes (such as copyrights on books and manuscripts, computer software, cinematographic works, and sound recordings) and related rights (such as for live performances and television, cable, or satellite broadcast). Data are in current U.S. dollars.
  • Imports > Per $ GDP: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Balance of payments > Primary income receipts > BoP, current US$: Primary income receipts (BoP, current US$). Primary income receipts refer to employee compensation paid to resident workers working abroad and investment income (receipts on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars.
  • Exports > Merchandise exports by the reporting economy > Current US$ per capita: Merchandise exports by the reporting economy (current US$). Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$. Figures expressed per capita for the same year.
  • Exports > Merchandise exports to developing economies within region > % of total merchandise exports: Merchandise exports to developing economies within region (% of total merchandise exports). Merchandise exports to developing economies within region are the sum of merchandise exports from the reporting economy to other developing economies in the same World Bank region as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.
  • Exports > Commercial service exports > Current US$: Commercial service exports (current US$). Commercial service exports are total service exports minus exports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies.
  • Exports > Commercial service > Exports > Current US$: Commercial service exports are total service exports minus exports of government services not included elsewhere. International transactions in services are defined by the IMF's Balance of Payments Manual (1993) as the economic output of intangible commodities that may be produced, transferred, and consumed at the same time. Definitions may vary among reporting economies."
  • Exports > Computer > Communications and other services > % of commercial service > Exports: Computer, communications and other services (% of commercial service exports) include such activities as international telecommunications, and postal and courier services; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; and personal, cultural, and recreational services."
  • Exports > Merchandise > Exports to high-income economies > % of total merchandise > Exports: Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies as of July 1, 2009. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data."
  • Exports > Ores and scrap metal > Exports > % of merchandise > Exports: Ores and metals comprise the commodities in SITC sections 27 (crude fertilizer, minerals nes); 28 (metalliferous ores, scrap); and 68 (non-ferrous metals)."
  • Exports > License fees and royalties: Royalty and license fees are payments and receipts between residents and nonresidents for the authorized use of intangible, nonproduced, nonfinancial assets and proprietary rights (such as patents, copyrights, trademarks, industrial processes, and franchises) and for the use, through licensing agreements, of produced originals of prototypes (such as films and manuscripts). Data are in current U.S. dollars."
  • Exports > Merchandise > Exports > Current US$: Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in current U.S. dollars.
  • Exports > Services: Services (previously nonfactor services) refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the IMF's Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies. Data are in current U.S. dollars."
  • Exports > Merchandise > Exports by the reporting economy > Current US$: Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$."
  • Exports > Merchandise exports to developing economies in South Asia > % of total merchandise exports: Merchandise exports to developing economies in South Asia (% of total merchandise exports). Merchandise exports to developing economies in South Asia are the sum of merchandise exports from the reporting economy to developing economies in the South Asia region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
  • Tariffs > Share of tariff lines with international peaks > All products: Share of tariff lines with international peaks is the share of lines in the tariff schedule with tariff rates that exceed 15 percent. It provides an indication of how selectively tariffs are applied.
  • Tariffs > Share of tariff lines with specific rates > Manufactured products: Share of tariff lines with specific rates is the share of lines in the tariff schedule that are set on a per unit basis or that combine ad valorem and per unit rates. It shows the extent to which countries use tariffs based on physical quantities or other, non-ad valorem measures. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68."
  • Tariffs > Tariff rate > Applied > Weighted mean > Primary products: Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals)."
  • Tariffs > Binding coverage > Primary products: Binding coverage is the percentage of product lines with an agreed bound rate. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).
  • Tariffs > Tariff rate > Most favored nation > Weighted mean > Primary products: Weighted mean most favored nations tariff is the average of most favored nation rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).
  • Imports > Travel services > % of commercial service imports: Travel services (% of commercial service imports) covers goods and services acquired from an economy by travelers in that economy for their own use during visits of less than one year for business or personal purposes. Travel services include the goods and services consumed by travelers, such as lodging, meals, and transport (within the economy visited)."
  • Imports > Insurance and financial services > % of commercial service imports: Insurance and financial services cover freight insurance on goods imported and other direct insurance such as life insurance; financial intermediation services such as commissions, foreign exchange transactions, and brokerage services; and auxiliary services such as financial market operational and regulatory services."
  • Imports > Insurance and financial services > % of service imports: Insurance and financial services (% of service imports, BoP) cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. Services imports refer to economic output of intangible commodities that may be produced, transferred, and consumed at the same time. International transactions in services are defined by the International Monetary Fund's (IMF) Balance of Payments Manual (1993), but definitions may nevertheless vary among reporting economies."
  • Tariffs > Bound rate > Simple mean > Primary products: Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).
  • Tariffs > Tariff rate > Applied > Simple mean > Manufactured products: Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68."
  • Tariffs > Share of tariff lines with specific rates > All products: Share of tariff lines with specific rates is the share of lines in the tariff schedule that are set on a per unit basis or that combine ad valorem and per unit rates. It shows the extent to which countries use tariffs based on physical quantities or other, non-ad valorem measures."
  • Tariffs > Share of tariff lines with specific rates > Primary products: Share of tariff lines with specific rates is the share of lines in the tariff schedule that are set on a per unit basis or that combine ad valorem and per unit rates. It shows the extent to which countries use tariffs based on physical quantities or other, non-ad valorem measures. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals)."
  • Tariffs > Tariff rate > Applied > Weighted mean > Manufactured products: Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's"
  • Tariffs > Tariff rate > Most favored nation > Weighted mean > All products: Weighted mean most favored nations tariff is the average of most favored nation rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database.
  • Tariffs > Tariff rate > Most favored nation > Simple mean > Primary products: Simple mean most favored nation tariff rate is the unweighted average of most favored nation rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).
  • Imports > Merchandise imports from third world economies in Middle East and North Africa > % of total merchand: Merchandise imports from third world economies in Middle East and North Africa are the sum of merchandise imports by the reporting economy from third world economies in the Middle East and North Africa region according to the World Bank classification of economies as of July 1, 2009. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data."
  • Imports > Merchandise imports from third world economies in South Asia > % of total merchandise imports: Merchandise imports from third world economies in South Asia are the sum of merchandise imports by the reporting economy from third world economies in the South Asia region according to the World Bank classification of economies as of July 1, 2009. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data."
  • Imports > Merchandise imports from third world economies in Sub-Saharan Africa > % of total merchandise import: Merchandise imports from third world economies in Sub-Saharan Africa are the sum of merchandise imports by the reporting economy from third world economies in the Sub-Saharan Africa region according to the World Bank classification of economies as of July 1, 2009. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data."
  • Exports > Partners: A rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value
  • Imports > Merchandise imports from third world economies within region > % of total merchandise imports: Merchandise imports from third world economies within region are the sum of merchandise imports by the reporting economy from other third world economies in the same World Bank region according to the World Bank classification of economies as of July 1, 2009. Data are as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies."
  • Exports > Merchandise trade > % of GDP: Merchandise trade (% of GDP). Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current U.S. dollars.
STAT European Union Philippines HISTORY
Export growth -12.35
Ranked 67th.
-13.42
Ranked 74th. 9% more than European Union

Exports $1.95 trillion
Ranked 1st. 38 times more than Philippines
$50.72 billion
Ranked 52nd.

Exports > Exports of goods and services > Constant 2000 US$ per capita $12,663.95
Ranked 18th. 19 times more than Philippines
$678.64
Ranked 80th.

Exports > Exports of goods, services and primary income > BoP, current US$ $8.80 trillion
Ranked 1st. 121 times more than Philippines
$72.66 billion
Ranked 52nd.

Exports > Goods 4.43 trillion
Ranked 1st. 95 times more than Philippines
46.39 billion
Ranked 39th.

Exports > High-technology exports > Current US$ per capita $1,227.13
Ranked 17th. 9 times more than Philippines
$136.23
Ranked 44th.

Exports > Leading export market United States European Union
Exports > Per $ GDP $0.12 per $1 of GDP
Ranked 20th.
$0.40 per $1 of GDP
Ranked 54th. 3 times more than European Union

Exports > Per capita $3,980.21 per capita
Ranked 46th. 7 times more than Philippines
$539.50 per capita
Ranked 54th.

Exports per capita $3,893.11
Ranked 46th. 7 times more than Philippines
$542.78
Ranked 100th.

Imports $1.69 trillion
Ranked 2nd. 28 times more than Philippines
$59.90 billion
Ranked 41st.

Imports per capita $3,370.57
Ranked 51st. 5 times more than Philippines
$641.02
Ranked 104th.

Tariffs > Binding coverage > All products 99.98%
Ranked 17th. 49% more than Philippines
66.95%
Ranked 22nd.

Tariffs > Tariff rate > Applied > Simple mean > All products 1.59%
Ranked 106th.
5%
Ranked 81st. 3 times more than European Union

Tariffs > Tariff rate > Applied > Weighted mean > All products 1.15%
Ranked 101st.
3.6%
Ranked 81st. 3 times more than European Union

Exports > High-technology exports > Current US$, % of GDP 3.53%
Ranked 21st.
5.78%
Ranked 16th. 64% more than European Union

Imports > Computer > Communications and other services > % of commercial service imports 46.15%
Ranked 27th. Twice as much as Philippines
23.15%
Ranked 93th.

Imports > Goods > Services and income 7.16 trillion
Ranked 1st. 118 times more than Philippines
60.73 billion
Ranked 44th.

Imports > Import procedure fees > US$ per container $1,102.65
Ranked 113th. 35% more than Philippines
$819.00
Ranked 145th.

Exports > Manufactures > Exports > % of merchandise > Exports 76.28%
Ranked 25th.
85.95%
Ranked 9th. 13% more than European Union

Imports > Merchandise imports by the reporting economy > Current US$ $4.64 trillion
Ranked 1st. 101 times more than Philippines
$45.88 billion
Ranked 43th.

Balance of payments > Secondary income receipts > BoP, current US$ $250.43 billion
Ranked 1st. 13 times more than Philippines
$19.72 billion
Ranked 14th.

Balance of payments > Personal transfers, receipts > BoP, current US$ $23.77 billion
Ranked 2nd. 31% more than Philippines
$18.11 billion
Ranked 7th.

Exports > Merchandise > Exports to third world economies within region > % of total merchandise > Exports 0.33%
Ranked 113th.
16.17%
Ranked 62nd. 49 times more than European Union

Exports > Computer, communications and other services > % of commercial service exports 48.94%
Ranked 18th.
68.86%
Ranked 2nd. 41% more than European Union

Imports > Documents to import > Number 4.68
Ranked 161st.
7
Ranked 109th. 50% more than European Union

Exports > Insurance and financial services > % of commercial service > Exports 8.25%
Ranked 20th. 8 times more than Philippines
1%
Ranked 104th.

Exports > Merchandise > Exports by the reporting economy > Residual > % of total merchandise > Exports 0.91%
Ranked 106th.
1.56%
Ranked 88th. 71% more than European Union

Balance of payments > Personal remittances, received > Current US$ per capita $199.97
Ranked 55th.
$254.80
Ranked 43th. 27% more than European Union

Tariffs > Tariff rate > Most favored nation > Simple mean > Manufactured products 3.83%
Ranked 98th.
6%
Ranked 72nd. 57% more than European Union

Exports > Merchandise exports by the reporting economy > Current US$, % of GDP 33.23%
Ranked 66th. 55% more than Philippines
21.5%
Ranked 107th.

Balance of payments > Secondary income, other sectors, payments > BoP, current US$ $190.04 billion
Ranked 1st. 383 times more than Philippines
$496.00 million
Ranked 65th.

Balance of payments > Charges for the use of intellectual property, receipts > BoP, current US$ $70.31 billion
Ranked 2nd. 8789 times more than Philippines
$8.00 million
Ranked 61st.

Imports > Per $ GDP $0.13 per $1 of GDP
Ranked 34th.
$0.45 per $1 of GDP
Ranked 61st. 4 times more than European Union

Balance of payments > Primary income receipts > BoP, current US$ $1.47 trillion
Ranked 1st. 189 times more than Philippines
$7.77 billion
Ranked 36th.

Exports > Merchandise exports by the reporting economy > Current US$ per capita $11,550.58
Ranked 31st. 23 times more than Philippines
$506.97
Ranked 130th.

Exports > Merchandise exports to developing economies within region > % of total merchandise exports 0.606%
Ranked 116th.
21.8%
Ranked 47th. 36 times more than European Union

Exports > Commercial service exports > Current US$ $1.79 trillion
Ranked 1st. 97 times more than Philippines
$18.59 billion
Ranked 32nd.

Exports > Commercial service > Exports > Current US$ $1.52 trillion
Ranked 1st. 151 times more than Philippines
$10.10 billion
Ranked 43th.

Exports > Computer > Communications and other services > % of commercial service > Exports 48.58%
Ranked 26th.
64.68%
Ranked 11th. 33% more than European Union

Exports > Merchandise > Exports to high-income economies > % of total merchandise > Exports 82.65%
Ranked 32nd. 4% more than Philippines
79.72%
Ranked 45th.

Exports > Ores and scrap metal > Exports > % of merchandise > Exports 2.41%
Ranked 66th.
3.93%
Ranked 39th. 63% more than European Union

Exports > License fees and royalties 85.59 billion
Ranked 1st. 203 times more than Philippines
421 million
Ranked 38th.

Exports > Merchandise > Exports > Current US$ $4.59 trillion
Ranked 1st. 119 times more than Philippines
$38.44 billion
Ranked 52nd.

Exports > Services 1.54 trillion
Ranked 1st. 153 times more than Philippines
10.1 billion
Ranked 43th.

Exports > Merchandise > Exports by the reporting economy > Current US$ $4.60 trillion
Ranked 1st. 116 times more than Philippines
$39.53 billion
Ranked 49th.

Exports > Merchandise exports to developing economies in South Asia > % of total merchandise exports 1.1%
Ranked 95th. 4% more than Philippines
1.06%
Ranked 97th.

Tariffs > Share of tariff lines with international peaks > All products 1.43%
Ranked 94th.
15.79%
Ranked 65th. 11 times more than European Union

Tariffs > Share of tariff lines with specific rates > Manufactured products 0.0
Ranked 60th.
0.0
Ranked 113th.

Tariffs > Tariff rate > Applied > Weighted mean > Primary products 0.44%
Ranked 106th.
5.2%
Ranked 57th. 12 times more than European Union

Tariffs > Binding coverage > Primary products 99.91%
Ranked 17th. 30% more than Philippines
76.94%
Ranked 22nd.

Tariffs > Tariff rate > Most favored nation > Weighted mean > Primary products 1.25%
Ranked 105th.
5.69%
Ranked 68th. 5 times more than European Union

Imports > Travel services > % of commercial service imports 27.42%
Ranked 52nd.
29.29%
Ranked 40th. 7% more than European Union

Imports > Insurance and financial services > % of commercial service imports 4.82%
Ranked 79th. 25% more than Philippines
3.86%
Ranked 99th.

Imports > Insurance and financial services > % of service imports 6.87%
Ranked 60th. 83% more than Philippines
3.76%
Ranked 99th.

Tariffs > Bound rate > Simple mean > Primary products 5.05%
Ranked 20th.
31.04%
Ranked 12th. 6 times more than European Union

Tariffs > Tariff rate > Applied > Simple mean > Manufactured products 1.48%
Ranked 105th.
4.83%
Ranked 80th. 3 times more than European Union

Tariffs > Share of tariff lines with specific rates > All products 0.0
Ranked 60th.
0.0
Ranked 114th.

Tariffs > Share of tariff lines with specific rates > Primary products 0.0
Ranked 60th.
0.0
Ranked 114th.

Tariffs > Tariff rate > Applied > Weighted mean > Manufactured products 1.72%
Ranked 98th.
2.68%
Ranked 88th. 56% more than European Union

Tariffs > Tariff rate > Most favored nation > Weighted mean > All products 2.4%
Ranked 104th.
4.49%
Ranked 84th. 87% more than European Union

Tariffs > Tariff rate > Most favored nation > Simple mean > Primary products 4.81%
Ranked 96th.
7.11%
Ranked 106th. 48% more than European Union

Imports > Merchandise imports from third world economies in Middle East and North Africa > % of total merchand 2.26%
Ranked 34th. 6 times more than Philippines
0.36%
Ranked 96th.

Imports > Merchandise imports from third world economies in South Asia > % of total merchandise imports 1.1%
Ranked 92nd.
1.34%
Ranked 76th. 22% more than European Union

Imports > Merchandise imports from third world economies in Sub-Saharan Africa > % of total merchandise import 1.41%
Ranked 54th. 7 times more than Philippines
0.21%
Ranked 111th.

Exports > Partners US 23.3%, Switzerland 7.6%, Russia 5.2%, China 4.8% US 17.6%, Japan 16.2%, Netherlands 9.8%, Hong Kong 8.6%, China 7.7%, Germany 6.5%, Singapore 6.2%, South Korea 4.8%
Imports > Merchandise imports from third world economies within region > % of total merchandise imports 0.48%
Ranked 114th.
26.24%
Ranked 46th. 55 times more than European Union

Exports > Merchandise trade > % of GDP 70.02%
Ranked 75th. 49% more than Philippines
46.89%
Ranked 134th.

SOURCES: World Bank national accounts data, and OECD National Accounts data files.; CIA World Factbooks 18 December 2003 to 28 March 2011; World Bank national accounts data. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank World Development Indicators.; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; United Nations, Comtrade database. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Trade Organization Trade Profiles database, loaded 2010; CIA World Factbooks 18 December 2003 to 28 March 2011. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organisation.; World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database.; World Bank staff estimates using the World Integrated Trade Solution system, based on tariff data from the United Nations Conference on Trade and Development's Trade and Development's Trade Analysis and Information System (TRAINS) database and global imports data from the United Nations Statistics Division's Comtrade database.; United Nations, Comtrade database. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.; World Bank, Doing Business project (http://www.doingbusiness.org/).; World Bank staff estimates from the Comtrade database maintained by the United Nations Statistics Division.; World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.; World Bank staff estimates. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank staff estimates. GDP figures sourced from World Bank national accounts data, and OECD National Accounts data files.; World Bank staff estimates; World Trade Organisation.; World Trade Organization, and World Bank GDP estimates.

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