Dependency on Imports Varies Across Countries Worldwide

Micro-states like Hong Kong, Luxembourg, and San Marino heavily rely on imports, with figures as high as 178%, 160%, and 155% of their GDP, respectively. In contrast, larger economies such as Ireland have import levels at 102% of their GDP.

Dependency on Imports Varies Across Countries Worldwide

Conversely, Sudan, Venezuela, and Turkmenistan are among the countries with the lowest import reliance, with figures ranging from 1% to 11% of their GDP. Surprisingly, the USA, known as the wealthiest nation globally, stands in sixth-to-last place, with imports constituting just 14% of its GDP, while countries like Brazil and Chad share the tenth position with an 18% import rate.