Australia | 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
Commonwealth of Australia
Records
63
Source
Australia | Merchandise imports from high-income economies (% of total merchandise imports)
85.6532729 1960
84.50552675 1961
85.77164253 1962
86.33902199 1963
86.87592091 1964
87.55388093 1965
87.32798519 1966
87.71399224 1967
88.63066933 1968
88.67677238 1969
89.90283524 1970
90.26193929 1971
89.72164816 1972
89.10913046 1973
88.98484596 1974
89.26986472 1975
89.96942199 1976
88.8970872 1977
89.44675702 1978
88.44355929 1979
88.20925433 1980
90.2124722 1981
89.34463103 1982
91.11769264 1983
90.18170352 1984
91.35807576 1985
91.21163844 1986
89.29884133 1987
89.81213483 1988
89.17592973 1989
88.91370113 1990
86.12366655 1991
84.21277733 1992
83.63528398 1993
83.9875975 1994
83.40354759 1995
82.08452562 1996
80.37506621 1997
79.42450613 1998
77.84691701 1999
75.3063933 2000
74.33940206 2001
73.00218092 2002
71.21391868 2003
70.45000443 2004
68.49911112 2005
66.13968137 2006
65.08601887 2007
63.73536043 2008
58.91468998 2009
57.33065732 2010
58.19728685 2011
57.87128734 2012
56.36748806 2013
54.92838775 2014
54.2094804 2015
54.30315814 2016
51.64134474 2017
52.80721057 2018
53.35020431 2019
52.66322674 2020
2021
2022
Australia | 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
Commonwealth of Australia
Records
63
Source