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