Top 10 Global Importers of Commercial Services, 2023

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Erlina Fury Santika 10/12/2024 20:40 WIB

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WTO data shows that the value of global commercial services imports reached US$7.24 trillion in 2023. The United States was the leading importer.

Top 10 Countries of Origin for Commercial Service Imports (2023)

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Top 10 Countries of Origin for Commercial Service Imports (2023)

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The World Trade Organization (WTO)'s *Global Trade Outlook and Statistics* report shows that the value of global commercial services imports reached US$7.24 trillion in 2023. This represents a 9% increase from 2022.

The United States was the world's largest importer of commercial services last year, with a value of US$694 billion, a 7% increase from 2022. Its share of total global commercial services imports was 12.3%.

In addition to being the largest importer, the US also dominated commercial services exports last year.

(See also: 10 Countries with the Largest Global Commercial Services Exports in 2023)

China came in second with US$549 billion, a 19% surge from 2022. Its share was 7.6%.

Germany followed in third place with US$506 billion, growing by 9%. Its import share was 7%.

Fourth was the United Kingdom, with imports valued at US$389 billion, a 23% jump. Its share was 5.4%.

Ireland recorded the same value, US$389 billion. This represents a 9% increase from 2022. Its share of commercial services imports was also 5.4%.

France, the Netherlands, Singapore, India, and Japan round out the top 10, as shown in the chart.

(See also: Largest Global Digital Services Exporters in 2023: The US Takes the Lead)

Editor : Erlina Fury Santika

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Top 10 Global Importers of Commercial Services, 2023

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