Australia | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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: Although global integration has increased, low- and middle-income economies still face trade barriers when accessing other markets. 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 low- and middle-income economies outside region (% of total merchandise imports)
11.13483832 1960
12.95607943 1961
11.56223215 1962
11.25697407 1963
10.4101703 1964
9.61868877 1965
10.12650417 1966
9.4128053 1967
8.65163369 1968
8.10466273 1969
7.06366975 1970
6.99444395 1971
7.22686417 1972
7.80382073 1973
8.06837787 1974
7.7436885 1975
7.74230895 1976
9.17317284 1977
8.59602152 1978
8.99708747 1979
9.76245206 1980
8.1681226 1981
9.08616822 1982
7.30596682 1983
8.05458824 1984
7.1931173 1985
7.48624091 1986
9.33016262 1987
8.8456867 1988
9.34784442 1989
9.74574194 1990
12.62611426 1991
14.50919201 1992
15.30943135 1993
15.04473641 1994
15.42422905 1995
16.68205814 1996
18.2601373 1997
19.40740013 1998
20.83337465 1999
23.56436618 2000
24.52619583 2001
25.77935855 2002
27.50512684 2003
29.03541278 2004
31.0318379 2005
33.08652417 2006
34.10280536 2007
34.52524098 2008
37.03870214 2009
38.84220686 2010
37.71016339 2011
38.65211326 2012
40.26583672 2013
41.9005561 2014
42.782307 2015
44.14032552 2016
42.78115328 2017
44.9116825 2018
44.857593 2019
46.32907084 2020
2021
2022
Australia | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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: Although global integration has increased, low- and middle-income economies still face trade barriers when accessing other markets. 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