Latin America & Caribbean (excluding high income) | 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
Latin America & Caribbean (excluding high income)
Records
63
Source
Latin America & Caribbean (excluding high income) | Merchandise imports from high-income economies (% of total merchandise imports)
1960 84.51225194
1961 86.11148014
1962 85.45976392
1963 84.98028343
1964 82.95988533
1965 81.00545377
1966 82.50146249
1967 83.09097953
1968 82.74741518
1969 82.27471167
1970 83.47683107
1971 83.96283999
1972 83.29121367
1973 81.92776189
1974 79.72143719
1975 79.79498527
1976 77.74296962
1977 76.18575266
1978 77.6698795
1979 73.67287596
1980 72.62359252
1981 75.10679966
1982 72.13313303
1983 68.83920153
1984 67.31220583
1985 69.67193702
1986 75.78938773
1987 75.43793451
1988 77.79480888
1989 75.94245794
1990 78.09235767
1991 81.61406477
1992 82.68408616
1993 82.00178348
1994 79.77332249
1995 78.01593919
1996 77.25824069
1997 78.8372253
1998 80.00376926
1999 81.81490095
2000 80.50027081
2001 79.1521431
2002 79.49942722
2003 76.77687799
2004 73.26274997
2005 70.53313147
2006 68.60219952
2007 66.47787297
2008 64.69034341
2009 64.62354753
2010 62.86646899
2011 61.71071001
2012 62.23138773
2013 61.67802743
2014 61.93947352
2015 61.85100393
2016 62.01587006
2017 61.37694915
2018 60.53834362
2019 60.05179866
2020 58.15524105
2021
2022
Latin America & Caribbean (excluding high income) | 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
Latin America & Caribbean (excluding high income)
Records
63
Source