European Union | 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
European Union
Records
63
Source
European Union | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
1960 16.93949169
1961 16.09748069
1962 16.07975937
1963 15.84484042
1964 16.04329243
1965 15.77787861
1966 15.84310434
1967 15.37336488
1968 15.01541298
1969 14.46234888
1970 13.53817559
1971 12.85740363
1972 12.39279769
1973 12.81943934
1974 16.31123611
1975 14.67522031
1976 14.9464532
1977 15.46331432
1978 14.53406247
1979 14.85163104
1980 15.51559578
1981 13.94933734
1982 15.06390155
1983 15.42036219
1984 15.82467539
1985 15.72461175
1986 11.1150828
1987 10.46270522
1988 10.10076627
1989 10.43676241
1990 10.57000818
1991 10.54560065
1992 10.86847308
1993 13.59771792
1994 13.91888061
1995 13.35038845
1996 13.81546877
1997 13.72380234
1998 12.91065087
1999 12.98495323
2000 14.73278952
2001 14.91813079
2002 14.96953861
2003 15.68388299
2004 16.41357101
2005 18.42557478
2006 19.62301251
2007 19.97274184
2008 21.68220521
2009 20.49838477
2010 22.46852677
2011 23.06881287
2012 23.43065389
2013 22.77226234
2014 22.27107794
2015 21.331177
2016 20.64617737
2017 21.36920771
2018 21.89023594
2019 21.71879471
2020 21.27175713
2021
2022

European Union | 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
European Union
Records
63
Source