Africa Eastern and Southern | Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)
Merchandise imports from low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies. Development relevance: The relative importance of intraregional trade is higher for both landlocked countries and small countries with close trade links to the largest regional economy. For most low- and middle-income economies - especially smaller ones - there is a "geographic bias" favoring intraregional trade. Despite the broad trend toward globalization and the reduction of trade barriers, the relative share of intraregional trade increased for most economies between 1999 and 2010. This is due partly to trade-related advantages, such as proximity, lower transport costs, increased knowledge from repeated interaction, and cultural and historical affinity. The direction of trade is also influenced by preferential trade agreements that a country has made with other economies. Though formal agreements on trade liberalization do not automatically increase trade, they nevertheless affect the direction of trade between the participating economies. Limitations and exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.
Publisher
The World Bank
Origin
Africa Eastern and Southern
Records
63
Source
Create chart Download showed records Download Full dataset
Africa Eastern and Southern | Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)
4.38654044 1960
4.41083806 1961
4.12076703 1962
5.0249968 1963
15.183686 1964
15.5929926 1965
12.80074417 1966
10.98296339 1967
14.30322747 1968
13.72195852 1969
13.52475235 1970
12.48925875 1971
10.7470352 1972
11.207387 1973
9.97589902 1974
8.54501887 1975
8.8408713 1976
8.24746324 1977
5.68388754 1978
6.65780949 1979
6.72130491 1980
9.43286787 1981
10.65260746 1982
10.63887939 1983
9.68675488 1984
8.4143709 1985
8.8017961 1986
9.02283937 1987
7.61216567 1988
11.02575153 1989
11.48091235 1990
11.11078001 1991
14.1589578 1992
16.41834534 1993
19.82172192 1994
20.27310264 1995
21.54960122 1996
23.29277348 1997
9.78342477 1998
10.51353572 1999
16.74970729 2000
16.4748105 2001
18.62912813 2002
17.60945821 2003
20.62860165 2004
18.16053487 2005
16.69206238 2006
15.97956459 2007
16.69814006 2008
17.8992209 2009
18.09050719 2010
18.51173092 2011
18.98753261 2012
19.17878982 2013
18.87505443 2014
17.46355269 2015
17.65438336 2016
16.87835025 2017
18.30212386 2018
18.12883268 2019
18.5577243 2020
2021
2022
Africa Eastern and Southern | Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)
Merchandise imports from low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies. Development relevance: The relative importance of intraregional trade is higher for both landlocked countries and small countries with close trade links to the largest regional economy. For most low- and middle-income economies - especially smaller ones - there is a "geographic bias" favoring intraregional trade. Despite the broad trend toward globalization and the reduction of trade barriers, the relative share of intraregional trade increased for most economies between 1999 and 2010. This is due partly to trade-related advantages, such as proximity, lower transport costs, increased knowledge from repeated interaction, and cultural and historical affinity. The direction of trade is also influenced by preferential trade agreements that a country has made with other economies. Though formal agreements on trade liberalization do not automatically increase trade, they nevertheless affect the direction of trade between the participating economies. Limitations and exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.
Publisher
The World Bank
Origin
Africa Eastern and Southern
Records
63
Source
Create chart Download showed records Download Full dataset