European Union | 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
European Union
Records
63
Source
European Union | Merchandise imports from high-income economies (% of total merchandise imports)
70.51936122 1960
71.6248047 1961
71.70564519 1962
71.58864682 1963
71.54622047 1964
72.08038209 1965
72.31078787 1966
72.38623245 1967
71.76245636 1968
71.94992513 1969
71.42158343 1970
72.16203349 1971
72.60136178 1972
72.60349722 1973
70.06196331 1974
71.54136087 1975
71.30490911 1976
70.98493314 1977
71.76638436 1978
71.73945966 1979
71.41470775 1980
72.71766164 1981
71.70440846 1982
70.71296964 1983
70.54127248 1984
70.83875217 1985
75.79859726 1986
77.10597074 1987
77.55731136 1988
77.6862939 1989
78.29392939 1990
78.521183 1991
79.3111947 1992
79.48599259 1993
78.99881354 1994
79.46353464 1995
79.20559037 1996
80.23644016 1997
81.69136521 1998
85.88078896 1999
84.25144087 2000
84.02447848 2001
84.32342125 2002
83.65040443 2003
82.93088293 2004
81.06737666 2005
79.86048833 2006
79.48906219 2007
77.72445116 2008
78.99210218 2009
77.13676644 2010
76.51915775 2011
76.11059459 2012
76.77223819 2013
77.28556631 2014
78.2693439 2015
78.95320198 2016
78.16287651 2017
77.61799085 2018
77.78655468 2019
78.27232121 2020
2021
2022
European Union | 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
European Union
Records
63
Source