Which of the following is the correct descending sequence of the world’s largest merchandise importers in 2021 as per the WTO report?

(a) Japan
(b) Germany
(c) China
(d) USA

Choose the correct answer from the options given below:

Correct option is D

The correct descending order of the largest merchandise importers in 2021 as per the WTO report is:

1. USA - The United States ranks as the largest merchandise importer in 2021.
2. China - China is the second-largest merchandise importer globally.
3. Germany - Germany ranks third, remaining a key player in global trade.
4. Japan - Japan is in fourth position in terms of merchandise imports.

Information Booster:

1. USA: The US remains the top importer of merchandise globally due to its large economy, high consumer demand, and robust trade infrastructure.
2. China: As the second-largest importer, China plays a vital role in global supply chains, importing a wide variety of goods to support its manufacturing and industrial sectors.
3. Germany: Germany, as Europe’s largest economy, ranks third in global merchandise imports, driven by its highly export-oriented industrial base and significant internal demand.
4. Japan: Japan imports a wide range of goods, including energy, industrial machinery, and consumer products, making it the fourth-largest importer globally.