The World’s Import Bill

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Imports reached US$18,345 billion globally in 2013, a 31% increase since 2007. As developed economies emerge from recession, their imports are not increasing substantially. Emerging markets’ exposure to imports however is growing.  In 2013, 39% of the world’s import bill was destined for emerging markets, compared to 31% in 2007. For those with weak or vulnerable currencies the import bill will become an increasing burden.

by Sarah Boumphrey