Benin | 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
Republic of Benin
Records
63
Source
Benin | Merchandise imports from high-income economies (% of total merchandise imports)
1960 63.15789474
1961 62.98932384
1962 79.83193277
1963 74.01812689
1964 76.69902913
1965 76.24633431
1966 76.95988993
1967 75.91447532
1968 74.10607104
1969 71.82069015
1970 69.72032592
1971 76.66368364
1972 77.75361077
1973 69.74689782
1974 73.45094017
1975 72.65713776
1976 74.38491913
1977 72.27814213
1978 71.34622069
1979 68.98895789
1980 66.18599265
1981 65.19900566
1982 68.10166139
1983 68.76810185
1984 63.44059639
1985 61.9026993
1986 59.97632671
1987 50.3023671
1988 51.74040333
1989 55.27891344
1990 51.14703616
1991 67.62419735
1992 63.293491
1993 65.97264637
1994 66.32461288
1995 62.82906822
1996 62.32911058
1997 68.85695982
1998 69.45705718
1999 60.5042114
2000 62.60548189
2001 57.49235172
2002 56.65007509
2003 55.45618584
2004 51.30763234
2005 54.36459243
2006 51.5498703
2007 49.75083171
2008 50.9046306
2009 52.7163983
2010 49.79857724
2011 51.73352569
2012 48.80141999
2013 44.22070052
2014 41.50441843
2015 43.07709878
2016 37.73350523
2017 32.40382384
2018 30.05900963
2019 31.7994773
2020 37.22888136
2021
2022
Benin | 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
Republic of Benin
Records
63
Source