ICT goods imports (% total goods imports)



Countries By ICT goods imports (% total goods imports)



Key points



Official Definition of ICT goods imports (% total goods imports)

Information and communication technology goods imports include computers and peripheral equipment, communication equipment, consumer electronic equipment, electronic components, and other information and technology goods (miscellaneous).



Importance

ICT goods imports (% total goods imports) is a crucial macroeconomic statistic that carries significant implications for a country's economic development and competitiveness in the global market.



Top 10 Countries by ICT goods imports (% total goods imports)

Bottom 10 Countries by ICT goods imports (% total goods imports)



Regions

Europe

ICT goods imports (% of total goods imports) vary among the listed countries. The Czech Republic stands out with a high percentage of 20.10%, followed by Hungary at 14.03% and the Netherlands at 14.92%. These countries heavily rely on ICT goods for their economies, indicating advanced tech sectors. However, countries like Albania, Bosnia and Herzegovina, and Serbia have lower percentages, suggesting potential areas for tech sector growth. Higher ICT imports can bring technological advancements but may also increase dependency on foreign technology and pose cybersecurity risks. Overall, this statistic reflects each country's technological readiness, potential for innovation, and economic competitiveness.

Far East: East Asia, SE Asia, Australia

ICT goods imports as a percentage of total goods imports vary significantly among the selected countries. Singapore stands out with the highest percentage at 32.85%, followed closely by Malaysia at 26.83% and China at 24.95%. These countries heavily rely on imported ICT goods, indicating strong technological infrastructure. On the other hand, Cambodia, Brunei, and Laos show lower percentages, highlighting potential technology gaps. High import percentages signify technological advancement but also dependency on foreign goods, while lower percentages may indicate room for domestic technological growth but could signal inefficiencies. This statistic suggests that countries with high import percentages may have better access to cutting-edge technology but are vulnerable to supply chain disruptions, whereas countries with lower percentages may have opportunities for local industry development but could lag in technological advancements.

ASEAN

ICT goods imports as a percentage of total goods imports vary significantly among the listed countries. Singapore leads with 32.85%, followed by Vietnam (30.63%) and Malaysia (26.83%). These countries heavily rely on imported ICT goods, indicating a strong technological infrastructure. However, this reliance may lead to vulnerabilities in the supply chain, impacting their competitiveness. On the other hand, countries like Cambodia (1.70%) and Myanmar (4.23%) have lower percentages, suggesting potential technological lag. For nations like Indonesia and the Philippines, moderate percentages (9.43% and 24.56% respectively) indicate a balanced approach. Overall, high ICT goods imports reflect technological advancement but also highlight dependency risks for these economies.

Latin America

ICT goods imports as a percentage of total goods imports vary among the listed countries. Mexico stands out with the highest percentage at 17.25%, followed by Panama at 11.49% and Colombia at 10.91%. These countries heavily rely on imported information and communication technology goods, indicating a strong ICT sector. However, countries like Nicaragua and Bolivia have much lower percentages, suggesting less dependence on ICT imports. High dependence can bring technological advancements but also vulnerability to external factors like currency fluctuations. For countries with lower percentages, there may be a focus on domestic production or limited access to advanced technology. This statistic indicates the level of technological integration and reveals each country's position in the global ICT market.

Middle East

The ICT goods imports statistic reveals varying levels of reliance on information and communication technology goods across the listed countries. With United Arab Emirates having the highest percentage at 13.26% and Lebanon the lowest at 1.92%, it is evident that UAE places a strong emphasis on ICT imports while Lebanon shows a lower prioritization in this area. Advantages of high imports include technological advancement and innovation, boosting economic growth. However, a high dependence on ICT imports can leave countries vulnerable to global supply chain disruptions. For UAE, this statistic signifies a tech-savvy economy but potential risk during supply chain disruptions, while Lebanon may need to invest more in ICT for future development.



Rivals

Anglosphere v BRICS

Australia, China, and the United States stand out with relatively high ICT goods imports as a percentage of their total goods imports, indicating a strong reliance on technology products. China leads significantly at 24.95%, possibly reflecting its position as a global manufacturing hub. The United States follows with 14.44%, showcasing its tech-savvy economy. Conversely, Canada, South Africa, and New Zealand have lower percentages, suggesting a less entrenched technology sector. While high imports can signify technological advancement and global integration, they also indicate vulnerability to supply chain disruptions. Countries with lower percentages may face challenges in keeping pace with technological advancements and innovation, possibly impacting their competitiveness and economic growth.

Russia v Ukraine

For the statistic of ICT goods imports as a percentage of total goods imports, the Russian Federation stands at 10.37% while Ukraine is at 5.95%. The Russian Federation exhibits a higher reliance on importing ICT goods compared to Ukraine, indicating a potentially larger ICT industry or higher consumer demand for technology products. This reliance can be advantageous for the Russian Federation in terms of access to advanced technology, but it also poses a risk of overdependence on foreign suppliers. In contrast, Ukraine's lower percentage suggests a less developed ICT sector or lower demand. This could signify potential challenges in technological advancement but may also indicate a more diversified economy with less vulnerability to disruptions in the global ICT market.

France v United Kingdom

In terms of ICT goods imports (% of total goods imports), France and the United Kingdom exhibit different levels with France standing at 6.68% and the United Kingdom at 8.23%. The United Kingdom imports a higher percentage of ICT goods compared to France, indicating a potentially greater reliance on technology imports. This reliance can be advantageous as it signals access to the latest technologies but may also pose a risk of supply chain disruption or dependence on foreign technology. For France, although the percentage is lower, it could suggest a more diversified economy with less dependency on imported technology. The impact of this statistic on the countries' development lies in their ability to adapt to technological advancements, promote innovation, and ensure national security by reducing reliance on external sources.

India v Pakistan

India has a relatively higher ICT goods imports value of 10.81% compared to Pakistan's 6.50%, indicating India's stronger dependence on imported information and communication technology goods. This signifies India's more significant investment in technology infrastructure. Advantages for India include access to the latest technology, fostering innovation and economic growth. However, this reliance may expose India to supply chain vulnerabilities and foreign exchange risks. On the other hand, Pakistan's lower dependency suggests potential domestic manufacturing capabilities but may imply limitations in technological advancement and innovation. For both countries, this statistic underscores the importance of a robust ICT sector for development but also highlights the need for strategic self-sufficiency measures to mitigate risks.

Turkey v Greece

Both Greece and Turkey have significant imports of Information and Communication Technology (ICT) goods, with Greece at 5.60% and Turkey at 4.57% of their total goods imports. Greece's higher percentage indicates a relatively higher dependence on ICT goods compared to Turkey. This reliance can be advantageous for Greece in terms of technological advancement and innovation but may pose a risk in terms of trade deficits. On the other hand, Turkey's slightly lower percentage suggests a slightly lesser dependence on ICT goods, which could indicate a more diversified import portfolio. This diversification might provide Turkey with more stability in trade, but it could also mean potentially slower technological growth compared to Greece. The impact of this statistic on the countries' development lies in their ability to stay technologically competitive and their resilience in the face of rapid technological changes.

China v Japan

China, People's Republic of, imports ICT goods at a rate of 24.95% of its total goods imports, indicating a significant reliance on technology-related products. In comparison, Japan's ICT goods imports account for 14.12% of its total goods imports, showcasing a slightly lesser dependence on such goods. China's higher percentage suggests a robust technology sector driving its economy, providing an advantage in innovation and competitiveness but also potentially heightening vulnerability to global tech market fluctuations. On the other hand, Japan's lower percentage may indicate a more diversified import base, reducing risk exposure but possibly hampering technological advancements. This statistic highlights the importance of technology in both economies' development strategies, with China prioritizing tech-centric growth and Japan balancing innovation with stability.



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