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)
1960 83.83103944
1961 81.89416681
1962 82.29730534
1963 81.86318777
1964 82.25037309
1965 80.92141139
1966 82.43267707
1967 80.50783963
1968 79.61466037
1969 80.03998375
1970 81.54237253
1971 83.53917546
1972 83.60509572
1973 81.5554658
1974 78.23045801
1975 82.65362041
1976 84.75761756
1977 84.23233748
1978 84.40838711
1979 81.55196886
1980 72.48672059
1981 80.63537592
1982 78.13859118
1983 78.52885463
1984 75.29045125
1985 75.77655003
1986 75.35885514
1987 76.37350903
1988 75.21271073
1989 74.12730921
1990 74.81582406
1991 77.15225202
1992 76.90213594
1993 76.827514
1994 76.27383271
1995 73.6425732
1996 71.69296591
1997 71.67038538
1998 72.03699182
1999 69.64307499
2000 60.25465263
2001 62.46727766
2002 65.36072276
2003 61.80135689
2004 59.54492621
2005 54.46380506
2006 54.22060086
2007 52.74049037
2008 53.67530702
2009 53.64766184
2010 52.2252134
2011 50.94368658
2012 50.45577104
2013 51.63264087
2014 51.35343353
2015 50.14334265
2016 50.71746468
2017 49.73133531
2018 46.69242719
2019 45.2852411
2020 44.31319847
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