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COMCEC Trade Outlook 2017

22

imports made from this country in 2016. Top ten countries accounted for almost half of total

extra-OIC imports in this year (Table 5).

Table 5: Major Countries of Origin of Total Extra-OIC Imports

(Billion Dollars)

Share %

Countries

2014

2015

2016

2014

2015

2016

China

270.1

242.1

232.7

14.0

14.2

14.7

United States

128.2

112.5

105.8

6.7

6.6

6.7

Germany

96.5

86.8

79.5

5.0

5.1

5.0

Japan

83.0

69.9

63.9

4.3

4.1

4.0

India

74.6

63.5

61.0

3.9

3.7

3.8

France

59.2

50.8

50.1

3.1

3.0

3.2

Korea

71.6

58.1

48.9

3.7

3.4

3.1

Italy

58.5

51.2

47.0

3.0

3.0

3.0

Russian Federation

72.0

56.9

46.3

3.7

3.3

2.9

Singapore

63.4

48.9

40.9

3.3

2.9

2.6

European Union

423.5

370.1

348.3

22.0

21.8

22.0

Total of Top Ten Countries

977.2

840.8

776.3

50.8

49.4

48.9

Source: IMF Direction of Trade Statistics

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 2016

Source: ITC Trade map

0

50

100

150

200

250

Machinery, mechanical appliances…

Electrical machinery and equipment …

Mineral fuels, mineral oils and products…

Vehicles other than railway or tramway…

Natural or cultured pearls, precious or semi-

precious stones…

Plastics and articles thereof

Iron and steel

Articles of iron or steel

Aircraft, spacecraft, and parts thereof

Pharmaceutical products

Billion Dollars

“The total OIC imports

is more diversified than

the total OIC exports”