Yes you can copy data from Word to Excel. If it is in a table, it is very good as it will transfer the data direct into cells in the same way.
You do not really import data from Word, but you can cut and paste from Word to Excel. If you like, you can embed the word document in an Excel worksheet.
The benefit of linking a chart from an Excel worksheet to a Word document is that the chart data will always be current. Excel is spreadsheet software from Microsoft.
Usually a table, but it depends on what you copy.
Linking
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It gives you a choice of where to choose the data from. It is important to set up your data in the Excel document in a structured manner with clear headings so that you can find it, whichever worksheet it is on.
You do a Paste Link.
Yes it is. See the related question below.
Select the data in Excel and then use one of the copy methods, like Ctrl-C or using the copy command from the shortcut menu or the Edit menu or the Main ribbon. then go to the Word document and do a Paste. The data will appear in a Word table. You will lose the formulas and just get the data values and the results of the formulas.
Word normally hosts data from Excel. It can display charts that are linked from Excel and will show data from Excel in tables in Word. A Paste Link can be set up, so that if the data changed in the Excel document, it will also change in the Word document.
by default what themes is applied to a chart when it is copies from excel and pasted into word
If the other program supports it (like MS Word), you can embed a worksheet in the program. That way you always would have the updated information every time you update Excel.