COMCEC Trade Outlook 2019
22
As in the case with total extra-OIC exports, total extra-OIC imports originated mainly from
developed countries except China, which was in the first place as 16.6 percent of extra-OIC
imports made from this country in 2018. Top ten countries accounted for nearly half of total
extra-OIC imports in this year (Table 5). Among thesemarkets, the USA, India and Germanywere
the top three importing partners of the OIC member States.
Table 5: Major Countries of Origin of Total Extra-OIC Imports
Countries
(Billion Dollars) Share %
2016 2017 2018 2016 2017 2018
China 238.5 281.5 293.7 15.1 16.5 16.6
United States 107.4 113.3 101.5 6.8 6.7 5.7
India 62.9 73.0 83.0 4.0 4.3 4.7
Germany 81.6 81.1 80.2 5.2 4.8 4.5
Japan 66.2 70.5 74.3 4.2 4.1 4.2
Russian Federation 45.7 54.1 62.1 2.9 3.2 3.5
Singapore 41.5 49.1 58.8 2.6 2.9 3.3
France 48.8 53.1 53.6 3.1 3.1 3.0
Italy 48.5 52.2 52.7 3.1 3.1 3.0
Korea 50.8 56.2 44.6 3.2 3.3 2.5
Total of Top Ten Countries 791.9 884.1 904.6 50.1 51.9 51.0
Total OIC Export 1,579.7 1,703.4 1,772.2
Source: IMF Direction of Trade Statistics
Total OIC imports was more diversified than the total
OIC exports in that manufactured items such as
machinery, electrical and electronic equipment, vehicles
other than railway, tramway, and natural or cultured
pearls and precious stones-metals also constituted an
important part of total imports.
Figure 23: OIC Imports fromWorld - Top 10 Items in 2018
Source: ITC Trade map
“The total OIC imports
is more diversified than
the total OIC exports”
37.0
41.5
43.8
69.6
73.5
90.4
117.0
212.7
215.8
239.4
0 50 100 150 200 250 300
Pharmaceutical products
Cereals
Articles of iron or steel
Plastics and articles thereof
Iron and steel
Natural or cultured pearls, precious or semi-precious stones etc.
Vehicles other than railway or tramway rolling stock etc.
Machinery, mechanical appliances etc.
Electrical machinery and equipment and parts thereof etc.
Mineral fuels, mineral oils and products etc.
Billion USD