Globally, $24.7 trillion worth of goods were imported in 2024, with some countries relying more on foreign purchases than others, according to an analysis by visualcapitalist.com, which, using 2024 data from the World Trade Organization and the International Monetary Fund, highlights the value of imported goods as a share of GDP in the world's major economies. Import dependence is determined by several factors, including a lack of natural resources, production capacity and cost differences.