Africa Western and Central | Merchandise imports from high-income economies (% of total merchandise imports)
Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed 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. Development relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income 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 Western and Central
Records
63
Source
Africa Western and Central | Merchandise imports from high-income economies (% of total merchandise imports)
83.83103944 1960
81.89416681 1961
82.29730534 1962
81.86318777 1963
82.25037309 1964
80.92141139 1965
82.43267707 1966
80.50783963 1967
79.61466037 1968
80.03998375 1969
81.54237253 1970
83.53917546 1971
83.60509572 1972
81.5554658 1973
78.23045801 1974
82.65362041 1975
84.75761756 1976
84.23233748 1977
84.40838711 1978
81.55196886 1979
72.48672059 1980
80.63537592 1981
78.13859118 1982
78.52885463 1983
75.29045125 1984
75.77655003 1985
75.35885514 1986
76.37350903 1987
75.21271073 1988
74.12730921 1989
74.81582406 1990
77.15225202 1991
76.90213594 1992
76.827514 1993
76.27383271 1994
73.6425732 1995
71.69296591 1996
71.67038538 1997
72.03699182 1998
69.64307499 1999
60.25465263 2000
62.46727766 2001
65.36072276 2002
61.80135689 2003
59.54492621 2004
54.46380506 2005
54.22060086 2006
52.74049037 2007
53.67530702 2008
53.64766184 2009
52.2252134 2010
50.94368658 2011
50.45577104 2012
51.63264087 2013
51.35343353 2014
50.14334265 2015
50.71746468 2016
49.73133531 2017
46.69242719 2018
45.2852411 2019
44.31319847 2020
2021
2022
Africa Western and Central | Merchandise imports from high-income economies (% of total merchandise imports)
Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies according to the World Bank classification of economies. Data are expressed 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. Development relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income 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 Western and Central
Records
63
Source