Late-demographic dividend | 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
Late-demographic dividend
Records
63
Source
Late-demographic dividend | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
year value
1960 6.57405179
1961 6.84078086
1962 6.77735023
1963 7.78768887
1964 8.60450992
1965 8.16513511
1966 8.30971317
1967 7.91206971
1968 7.97499662
1969 8.11571374
1970 7.65539478
1971 8.46561594
1972 8.72970345
1973 9.10830656
1974 11.9736045
1975 11.99595393
1976 12.57069042
1977 12.97391604
1978 12.31653426
1979 13.82060658
1980 13.82472664
1981 11.80948638
1982 11.56316661
1983 12.36412
1984 12.55407925
1985 12.26742037
1986 9.84699273
1987 10.04377158
1988 9.60741126
1989 9.69741894
1990 8.6845608
1991 7.76036392
1992 10.06933377
1993 11.02630388
1994 9.69252613
1995 9.54545785
1996 10.77490683
1997 10.81564393
1998 10.29399035
1999 10.80785614
2000 11.550715
2001 12.35353514
2002 12.22372481
2003 13.34320833
2004 14.22360999
2005 15.16395497
2006 15.68012743
2007 16.82710384
2008 19.17501616
2009 17.92400829
2010 18.83249811
2011 19.98833506
2012 21.29810939
2013 19.80264834
2014 20.01105029
2015 18.18878627
2016 17.97144167
2017 19.90918606
2018 20.57660985
2019 21.21330252
2020 20.47150008
2021
2022

Late-demographic dividend | 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
Late-demographic dividend
Records
63
Source