Iceland | 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
Republic of Iceland
Records
63
Source
Iceland | Merchandise imports from high-income economies (% of total merchandise imports)
74.37357631 1960
73.71967655 1961
78.31460674 1962
81.66819432 1963
83.77964805 1964
82.66569556 1965
86.74623116 1966
85.3250774 1967
84.62099125 1968
82.36504106 1969
82.98137436 1970
83.85985669 1971
85.69320272 1972
87.86774144 1973
85.49976075 1974
83.90205293 1975
81.82338233 1976
84.39859932 1977
84.88532572 1978
81.94625498 1979
85.02280344 1980
85.97937419 1981
84.41096122 1982
85.06013251 1983
85.82086449 1984
86.87441243 1985
89.52638333 1986
90.92165528 1987
91.12242498 1988
89.44845245 1989
91.18307618 1990
92.2002229 1991
93.96463384 1992
91.99942169 1993
91.60943676 1994
91.58372173 1995
91.90922671 1996
93.64659359 1997
95.61206434 1998
93.43491257 1999
93.23728588 2000
90.91733353 2001
88.36203765 2002
88.65083504 2003
90.62893443 2004
89.88121626 2005
89.98737634 2006
90.00774774 2007
87.56460668 2008
84.05205905 2009
77.33677707 2010
80.76626766 2011
78.7205161 2012
79.13225921 2013
80.65321042 2014
77.67225964 2015
84.96032381 2016
82.57426997 2017
82.55204127 2018
82.69112867 2019
80.36396875 2020
2021
2022

Iceland | 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
Republic of Iceland
Records
63
Source