Italy | 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
Italian Republic
Records
63
Source
Italy | Merchandise imports from high-income economies (% of total merchandise imports)
1960 72.81158794
1961 75.01263952
1962 74.16921202
1963 73.60965514
1964 73.74043034
1965 71.50884695
1966 71.13467062
1967 71.26679799
1968 70.75884144
1969 71.53801062
1970 72.34902297
1971 72.90790838
1972 74.29177735
1973 73.51592755
1974 69.78881092
1975 70.42035588
1976 69.23783753
1977 69.93873321
1978 69.97537208
1979 70.46610235
1980 70.66044954
1981 69.26493317
1982 67.70808324
1983 66.33286833
1984 66.67062491
1985 66.90165753
1986 74.92597
1987 76.01621985
1988 76.64315439
1989 75.49250504
1990 75.55740441
1991 76.27833601
1992 77.80359465
1993 76.52819386
1994 76.36235133
1995 76.54207514
1996 75.96378573
1997 75.98457446
1998 77.60384274
1999 81.83323654
2000 77.63886825
2001 78.14967309
2002 78.70994592
2003 78.26089183
2004 76.58303871
2005 73.67030439
2006 71.06842072
2007 70.43496981
2008 67.42761766
2009 70.05729407
2010 66.86226899
2011 66.64103006
2012 65.66216975
2013 66.89084076
2014 68.50748074
2015 70.11245223
2016 72.0948632
2017 71.76028559
2018 70.4529401
2019 70.69388018
2020 72.64094514
2021
2022
Italy | 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
Italian Republic
Records
63
Source