India | 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 India
Records
63
Source
India | Merchandise imports from high-income economies (% of total merchandise imports)
81.16386592 1960
82.64582298 1961
76.44513673 1962
79.34639987 1963
78.79448348 1964
77.57582315 1965
75.87582824 1966
79.3684053 1967
74.62073476 1968
64.44469648 1969
67.88578854 1970
71.6687492 1971
68.77639396 1972
69.14008622 1973
59.19120987 1974
70.55826915 1975
70.42245233 1976
60.65877134 1977
62.15609969 1978
62.42510085 1979
59.61521595 1980
59.17959031 1981
66.67692624 1982
64.19954769 1983
63.73134369 1984
65.59848452 1985
73.43576143 1986
69.8306623 1987
70.53093933 1988
71.88405757 1989
70.08405572 1990
63.90936218 1991
71.35509848 1992
74.19684009 1993
74.24494066 1994
70.09475874 1995
73.69694238 1996
77.7961032 1997
75.14270823 1998
69.65913717 1999
55.8792631 2000
52.34179777 2001
50.58344099 2002
52.18731488 2003
51.52467574 2004
49.859052 2005
58.96872575 2006
61.87457356 2007
60.69536408 2008
59.89593292 2009
60.34778007 2010
59.80668362 2011
58.56995566 2012
57.53758233 2013
53.69208309 2014
52.24661085 2015
51.30386607 2016
50.78326708 2017
52.76387852 2018
55.72894014 2019
55.06102212 2020
2021
2022
India | 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 India
Records
63
Source