Based on the data, Bahrain is the leading importer of ores and metals, with a significant increase of 18.53% YOY from 2023. However, many other countries showed negative trends: China (-4.11%), Iceland (-6.28%), and Zambia (-11.35%) to name a few. Noteworthy importers like Japan and South Korea showed slight positive changes of 3.86% and 2.42% respectively.
Analyzing the last five years, countries like Cameroon, Ukraine, and Maldives have experienced significant declines, while others like Uruguay and Madagascar recorded substantial growth. Countries such as China, India, and South Korea continue to be pivotal players despite experiencing relatively modest fluctuations.
Future trends to watch include:
- Increased imports from countries with recent growth like Bahrain, Bosnia and Herzegovina, and Montenegro.
- Possible recovery or further declines for countries currently facing significant decreases, such as Ukraine and Maldives.
- Monitoring the impact of geopolitical tensions and global economic conditions on the import patterns of major countries like China and India.
| # | 10 Countries | Percent of Goods Imports | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Bahrain | 23.67 | 2023 | +1.04% | +18.53% | View data |
| 2 | 2 Macedonia | 14.38 | 2023 | +2.59% | -0.6% | View data |
| 3 | 3 China | 13.38 | 2023 | -8.64% | -4.11% | View data |
| 4 | 4 Bulgaria | 9.81 | 2023 | +12.99% | +0.47% | View data |
| 5 | 5 Iceland | 9.48 | 2023 | +1.06% | -6.28% | View data |
| 6 | 6 Oman | 8.89 | 2023 | +21.75% | +4.65% | View data |
| 7 | 7 Namibia | 8.63 | 2022 | -68.08% | -8.4% | View data |
| 8 | 8 Zambia | 8.56 | 2023 | -10.28% | -11.35% | View data |
| 9 | 9 Bosnia and Herzegovina | 7.78 | 2023 | +3.67% | +13.55% | View data |
| 10 | 10 Japan | 7.76 | 2023 | +1.88% | +3.86% | View data |