Lao PDR | 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
Lao People's Democratic Republic
Records
63
Source
Lao PDR | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
year value
1960 0.63897764
1961 0.60240964
1962 1.63934426
1963
1964 0.41493776
1965 1.04166667
1966
1967
1968
1969
1970 5.00164348
1971 0.50816962
1972 0.72182244
1973 1.38221047
1974 1.29352927
1975
1976
1977
1978
1979
1980
1981 0.14489438
1982 0.23128072
1983 1.29352927
1984 0.21252796
1985 0.2080242
1986 0.34090567
1987 1.28937925
1988 0.17672235
1989 5.75598238
1990 0.49427936
1991 0.98924237
1992 0.1904697
1993 0.81037277
1994 0.58500266
1995 0.61141304
1996 0.55104408
1997 0.06854177
1998 2.41905205
1999 0.96632441
2000 1.30123643
2001 1.53399744
2002 1.52208072
2003 0.63589585
2004 1.42255107
2005 1.73054012
2006 0.70990537
2007 0.35685121
2008 1.10884137
2009 1.81224461
2010 0.580576
2011 0.68544358
2012 0.94653587
2013 1.39815349
2014 1.60131611
2015 1.10083216
2016 0.82410847
2017 0.64430357
2018 3.04884913
2019 1.37234587
2020 0.79294685
2021
2022

Lao PDR | 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
Lao People's Democratic Republic
Records
63
Source