RSS SubscribeRanked: The Import Dependency of Major Economies
By Dorothy Neufeld – Visual Capitalist
In 2024, $24.7 trillion in goods were imported worldwide, with some countries relying more heavily on imports than others.
Mexico, for instance, has a high import dependency, given its reliance on the U.S. for agricultural goods and auto parts. Meanwhile, imports are equivalent to more than a third of GDP in South Korea, fueled by food and energy imports.
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