Latin America & Caribbean (excluding high income) | 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
Latin America & Caribbean (excluding high income)
Records
63
Source
Latin America & Caribbean (excluding high income) | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
0.93002575 1960
0.61613266 1961
0.94653179 1962
1.27190862 1963
1.60389721 1964
1.83401596 1965
2.04013363 1966
1.75660941 1967
2.05841486 1968
2.31148845 1969
2.275835 1970
2.49316575 1971
2.74820742 1972
3.41110248 1973
6.47389347 1974
6.12343095 1975
7.43245969 1976
7.29046159 1977
7.30532686 1978
9.80563079 1979
9.73463201 1980
7.07487267 1981
8.23934764 1982
9.28866792 1983
9.65790455 1984
9.88233958 1985
6.10039485 1986
6.71006197 1987
5.31937509 1988
5.37724102 1989
5.08305092 1990
3.36048622 1991
2.54836633 1992
3.33547982 1993
3.72770445 1994
4.29907331 1995
4.97068925 1996
5.11342125 1997
4.91014082 1998
5.12727776 1999
6.33341164 2000
7.36703379 2001
8.06732116 2002
9.96160335 2003
12.29380941 2004
13.63247557 2005
15.66159359 2006
17.62610797 2007
19.13071364 2008
19.44601889 2009
21.54595584 2010
22.33922755 2011
22.60919552 2012
23.76744181 2013
24.75210945 2014
25.85995932 2015
25.44382455 2016
25.74164943 2017
26.55782484 2018
27.62309609 2019
28.79626229 2020
2021
2022
Latin America & Caribbean (excluding high income) | 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
Latin America & Caribbean (excluding high income)
Records
63
Source