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

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Definitions

  • 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.
  • Documents to import > Number per million: 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. Figures expressed per million population for the same year.
  • 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."
  • 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."
  • 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."
  • Merchandise imports from high-income economies > % of total merchandise imports: Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from 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 imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data."
  • Merchandise imports from third world economies in East Asia and Pacific > % of total merchandise imp: Merchandise imports from third world economies in East Asia and Pacific are the sum of merchandise imports by the reporting economy from third world economies in the East Asia and Pacific 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."
  • Merchandise imports from third world economies in Europe and Central Asia > % of total merchandise i: Merchandise imports from third world economies in Europe and Central Asia are the sum of merchandise imports by the reporting economy from third world economies in the Europe and Central 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."
  • Merchandise imports from third world economies outside region > % of total merchandise imports: Merchandise imports from third world economies outside region are the sum of merchandise imports by the reporting economy from other third world economies in other World Bank regions 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."
  • 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."
  • Ores and scrap metal imports > % of merchandise imports: Ores and metals comprise commodities in SITC sections 27 (crude fertilizer, minerals nes); 28 (metalliferous ores, scrap); and 68 (non-ferrous metals)."
  • 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.
  • 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."
  • Spending on imports: Imports of goods and services represent the value of all goods and other market services received from 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."
  • 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)."
  • 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."
  • 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."
  • 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."
  • Commercial service imports > Current US$: Commercial service imports are total service imports minus imports 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."
  • 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."
  • 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."
  • 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."
STAT European Union Russia HISTORY
Documents to import > Number 4.68
Ranked 161st.
10
Ranked 29th. 2 times more than European Union

Documents to import > Number per million 0.00926
Ranked 186th.
0.0766
Ranked 171st. 8 times more than European Union

Insurance and financial services > % of commercial service imports 4.82%
Ranked 79th. 17% more than Russia
4.12%
Ranked 95th.

Insurance and financial services > % of service imports 6.87%
Ranked 60th. 73% more than Russia
3.97%
Ranked 94th.

Merchandise imports by the reporting economy > Current US$ $4.64 trillion
Ranked 1st. 29 times more than Russia
$160.77 billion
Ranked 17th.

Merchandise imports from high-income economies > % of total merchandise imports 77.96%
Ranked 35th. 27% more than Russia
61.42%
Ranked 88th.

Merchandise imports from third world economies in East Asia and Pacific > % of total merchandise imp 8.06%
Ranked 66th.
16.52%
Ranked 34th. 2 times more than European Union

Merchandise imports from third world economies in Europe and Central Asia > % of total merchandise i 6.69%
Ranked 42nd.
12.8%
Ranked 25th. 91% more than European Union

Merchandise imports from third world economies outside region > % of total merchandise imports 15.95%
Ranked 94th.
23.4%
Ranked 61st. 47% more than European Union

Merchandise imports from third world economies within region > % of total merchandise imports 0.48%
Ranked 114th.
12.8%
Ranked 79th. 27 times more than European Union

Ores and scrap metal imports > % of merchandise imports 2.92%
Ranked 30th. 84% more than Russia
1.59%
Ranked 59th.

Per $ GDP $0.13 per $1 of GDP
Ranked 34th.
$0.17 per $1 of GDP
Ranked 153th. 31% more than European Union

Services 1.34 trillion
Ranked 1st. 22 times more than Russia
61.29 billion
Ranked 17th.

Spending on imports 34.64
Ranked 90th. 70% more than Russia
20.37
Ranked 131st.

Travel services > % of commercial service imports 27.42%
Ranked 52nd.
35.13%
Ranked 19th. 28% more than European Union

Computer > Communications and other services > % of commercial service imports 46.15%
Ranked 27th. 3% more than Russia
44.76%
Ranked 30th.

Goods > Services and income 7.16 trillion
Ranked 1st. 22 times more than Russia
326.64 billion
Ranked 15th.

Import procedure fees > US$ per container $1,102.65
Ranked 113th.
$1,850.00
Ranked 42nd. 68% more than European Union

Commercial service imports > Current US$ $1.33 trillion
Ranked 1st. 22 times more than Russia
$59.10 billion
Ranked 16th.

Merchandise imports from third world economies in Middle East and North Africa > % of total merchand 2.26%
Ranked 34th. 4 times more than Russia
0.57%
Ranked 85th.

Merchandise imports from third world economies in South Asia > % of total merchandise imports 1.1%
Ranked 92nd.
1.29%
Ranked 79th. 17% more than European Union

Merchandise imports from third world economies in Sub-Saharan Africa > % of total merchandise import 1.41%
Ranked 54th. 2 times more than Russia
0.65%
Ranked 76th.

SOURCES: World Bank, Doing Business project (http://www.doingbusiness.org/).; World Bank, Doing Business project (http://www.doingbusiness.org/). 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 staff estimates based data from International Monetary Fund's Direction of Trade database.; World Bank staff estimates from the Comtrade database maintained by the United Nations Statistics Division.; CIA World Factbooks 18 December 2003 to 28 March 2011; World Bank national accounts data, and OECD National Accounts data files.

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