Latin America & Caribbean | 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
Records
63
Source
Latin America & Caribbean | Merchandise imports from high-income economies (% of total merchandise imports)
83.9632792 1960
85.51889377 1961
84.73985232 1962
83.6556287 1963
82.06866884 1964
80.85610348 1965
81.67015465 1966
81.73077937 1967
81.92640741 1968
81.39261056 1969
82.45351976 1970
81.16631311 1971
80.88837461 1972
79.2479119 1973
76.75077121 1974
77.87100661 1975
75.9827291 1976
74.50101497 1977
76.2080531 1978
73.09085652 1979
74.06727262 1980
75.20123509 1981
73.30786962 1982
68.7234107 1983
66.87454832 1984
69.11280978 1985
74.93512708 1986
75.34686575 1987
77.27926775 1988
75.17569862 1989
76.95803782 1990
79.92880622 1991
80.74123338 1992
80.42133993 1993
78.38232418 1994
76.38283725 1995
74.7763413 1996
76.40916306 1997
77.67704448 1998
79.33688703 1999
77.41555845 2000
75.80229969 2001
76.51022058 2002
74.43216536 2003
70.82088341 2004
67.92837924 2005
66.05264986 2006
63.39071206 2007
61.71928963 2008
61.90332937 2009
60.48791857 2010
59.56085715 2011
59.32305897 2012
58.79873742 2013
59.37253207 2014
59.38300091 2015
59.85945346 2016
59.47426821 2017
58.91822244 2018
58.87737332 2019
56.76754291 2020
2021
2022

Latin America & Caribbean | 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
Records
63
Source