East Asia & Pacific (excluding high income) | Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)

Merchandise imports from low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies. Development relevance: The relative importance of intraregional trade is higher for both landlocked countries and small countries with close trade links to the largest regional economy. For most low- and middle-income economies - especially smaller ones - there is a "geographic bias" favoring intraregional trade. Despite the broad trend toward globalization and the reduction of trade barriers, the relative share of intraregional trade increased for most economies between 1999 and 2010. This is due partly to trade-related advantages, such as proximity, lower transport costs, increased knowledge from repeated interaction, and cultural and historical affinity. The direction of trade is also influenced by preferential trade agreements that a country has made with other economies. Though formal agreements on trade liberalization do not automatically increase trade, they nevertheless affect the direction of trade between the participating 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
East Asia & Pacific (excluding high income)
Records
63
Source
East Asia & Pacific (excluding high income) | Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)
1960 7.2725737
1961 8.02039136
1962 9.3586985
1963 10.33965797
1964 11.21384352
1965 11.64098712
1966 6.83368147
1967 8.4288861
1968 8.12790476
1969 7.52395451
1970 6.68877975
1971 5.98790347
1972 6.186119
1973 6.32817488
1974 6.2211564
1975 7.04068374
1976 7.39333252
1977 7.83951853
1978 6.05030671
1979 6.10731207
1980 6.0730871
1981 6.04672288
1982 6.80119904
1983 6.05514373
1984 6.57635614
1985 5.93524849
1986 5.51324279
1987 6.60877648
1988 6.45225522
1989 6.42209907
1990 6.53395523
1991 6.76539276
1992 6.78896145
1993 6.51272975
1994 7.24704848
1995 8.36302264
1996 8.20549667
1997 9.15873599
1998 10.46947753
1999 11.07270985
2000 11.58176516
2001 11.77047526
2002 12.98452691
2003 13.683107
2004 13.87451594
2005 14.51501338
2006 14.89639857
2007 15.59978101
2008 15.16260216
2009 15.8224461
2010 16.0882105
2011 16.14776682
2012 16.50610924
2013 16.39492479
2014 17.18847566
2015 19.49644867
2016 20.40748483
2017 20.38713015
2018 20.32855461
2019 21.66733406
2020 22.03353797
2021
2022

East Asia & Pacific (excluding high income) | Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)

Merchandise imports from low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies. Development relevance: The relative importance of intraregional trade is higher for both landlocked countries and small countries with close trade links to the largest regional economy. For most low- and middle-income economies - especially smaller ones - there is a "geographic bias" favoring intraregional trade. Despite the broad trend toward globalization and the reduction of trade barriers, the relative share of intraregional trade increased for most economies between 1999 and 2010. This is due partly to trade-related advantages, such as proximity, lower transport costs, increased knowledge from repeated interaction, and cultural and historical affinity. The direction of trade is also influenced by preferential trade agreements that a country has made with other economies. Though formal agreements on trade liberalization do not automatically increase trade, they nevertheless affect the direction of trade between the participating 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
East Asia & Pacific (excluding high income)
Records
63
Source