Colombia | 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
Republic of Colombia
Records
63
Source
Colombia | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
1960 0.11686794
1961 0.05569996
1962 0.16791045
1963 0.09988014
1964 0.06834102
1965 0.154833
1966 0.48932384
1967 0.46314942
1968 0.34451721
1969 0.30926782
1970 0.13387832
1971 0.19796228
1972 0.52155489
1973 0.48760284
1974 0.32556363
1975 0.39269993
1976 0.22483225
1977 1.02917897
1978 0.24398069
1979 0.58674519
1980 0.47986683
1981 0.35164057
1982 0.28607263
1983 0.3244773
1984 0.25042182
1985 0.14476965
1986 0.26179076
1987 0.31864084
1988 0.16128937
1989 0.47159648
1990 0.2881833
1991 0.49352682
1992 0.74517937
1993 1.84821367
1994 3.43380979
1995 0.96035343
1996 2.97250954
1997 3.43542453
1998 4.17373673
1999 4.36613053
2000 6.06132402
2001 7.03625075
2002 7.98733217
2003 8.83232065
2004 10.65188973
2005 11.78429777
2006 12.7896425
2007 15.17910509
2008 16.16521071
2009 15.72242531
2010 18.24243377
2011 19.95937643
2012 21.74492131
2013 22.66151951
2014 24.09935963
2015 24.81469378
2016 26.03144645
2017 26.09496822
2018 27.82978294
2019 27.85519772
2020 31.11011903
2021
2022
Colombia | 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
Republic of Colombia
Records
63
Source