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