East Asia & Pacific | 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
East Asia & Pacific
Records
63
Source
East Asia & Pacific | Merchandise imports from high-income economies (% of total merchandise imports)
1960 77.83046296
1961 77.78050646
1962 77.02470671
1963 76.16045887
1964 74.95245136
1965 74.79548816
1966 73.24527287
1967 73.72060802
1968 73.17689477
1969 72.80137571
1970 74.28805277
1971 74.50112551
1972 73.7778153
1973 73.39837074
1974 73.36608438
1975 73.97805268
1976 75.36554171
1977 75.25520522
1978 76.59647755
1979 75.55602382
1980 75.44927826
1981 77.66786287
1982 76.68165396
1983 76.58936227
1984 76.6647838
1985 75.39518196
1986 76.33849603
1987 76.29472246
1988 76.0657582
1989 75.85664598
1990 75.79212828
1991 75.45331425
1992 74.80899033
1993 73.8381099
1994 73.62285046
1995 73.14897984
1996 72.41237031
1997 71.84019806
1998 70.90375854
1999 69.90221932
2000 68.75721559
2001 67.7843674
2002 66.48291589
2003 65.39669359
2004 64.61373831
2005 63.4594923
2006 62.48746713
2007 61.32434204
2008 61.20018928
2009 60.37051989
2010 59.55061101
2011 59.41630917
2012 58.73680182
2013 58.58050361
2014 58.11511155
2015 57.23125923
2016 57.02226147
2017 57.0511908
2018 57.12381012
2019 56.22535421
2020 55.77387187
2021
2022

East Asia & Pacific | 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
East Asia & Pacific
Records
63
Source