COMCEC Trade Outlook 2016
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imports made from this country in 2015. Top ten countries accounted for 66.4 percent of total
OIC imports in this year (Table 5).
Table 5: Major Countries of Origin of Total Extra-OIC Imports
Source: UNCTADSTAT
Mineral fuels and oils which has the highest share in total
OIC exports in the last decade went down to third place in
2015 due to decline in oil prices. Total OIC imports is more
diversified than the total OIC exports in that manufactured
items such as machinery, nuclear reactors, boilers,
electrical and electronic equipment, vehicles other than
railway, tramway, and plastics also constitute an important part of total imports.
Figure 22: OIC Imports fromWorld - Top 10 Items in 2015
Source: ITC Trade map
Countries 2013 2014 2015 2013 2014 2015
China 257 99 91 16.8 18.3 19.6
United States 130 87 78 8.5 8.3 8.6
Germany 98 77 69 6.4 6.4 6.7
India 87 69 66 5.7 5.7 5.7
Japan 79 70 61 5.2 5.0 5.1
Korea, Republic of 67 70 61 4.4 4.5 4.5
France 64 63 57 4.2 4.1 4.2
Russian Federation 70 69 57 4.6 4.5 4.1
Italy 65 63 55 4.3 4.1 4.1
Singapore 73 73 53 4.8 4.7 3.9
EU 28 451 447 399 29.6 29.0 29.2
Total of Top Ten Countries 1440 1188 1048 64.8 65.6 66.4
(Billion $) Share %
“The total OIC imports
is more diversified than
the total OIC exports”