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)
1960 11.13483832
1961 12.95607943
1962 11.56223215
1963 11.25697407
1964 10.4101703
1965 9.61868877
1966 10.12650417
1967 9.4128053
1968 8.65163369
1969 8.10466273
1970 7.06366975
1971 6.99444395
1972 7.22686417
1973 7.80382073
1974 8.06837787
1975 7.7436885
1976 7.74230895
1977 9.17317284
1978 8.59602152
1979 8.99708747
1980 9.76245206
1981 8.1681226
1982 9.08616822
1983 7.30596682
1984 8.05458824
1985 7.1931173
1986 7.48624091
1987 9.33016262
1988 8.8456867
1989 9.34784442
1990 9.74574194
1991 12.62611426
1992 14.50919201
1993 15.30943135
1994 15.04473641
1995 15.42422905
1996 16.68205814
1997 18.2601373
1998 19.40740013
1999 20.83337465
2000 23.56436618
2001 24.52619583
2002 25.77935855
2003 27.50512684
2004 29.03541278
2005 31.0318379
2006 33.08652417
2007 34.10280536
2008 34.52524098
2009 37.03870214
2010 38.84220686
2011 37.71016339
2012 38.65211326
2013 40.26583672
2014 41.9005561
2015 42.782307
2016 44.14032552
2017 42.78115328
2018 44.9116825
2019 44.857593
2020 46.32907084
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