Latin America & the Caribbean (IDA & IBRD countries) | 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 & the Caribbean (IDA & IBRD countries)
Records
63
Source
Latin America & the Caribbean (IDA & IBRD countries) | Merchandise imports from high-income economies (% of total merchandise imports)
1960 83.9632792
1961 85.53767986
1962 84.75444996
1963 83.69233065
1964 81.96749558
1965 80.84813458
1966 81.52584968
1967 81.54393658
1968 81.72074714
1969 81.08374854
1970 82.3480922
1971 82.14949706
1972 81.63122145
1973 80.38849354
1974 78.18043923
1975 79.56056778
1976 77.00589201
1977 76.18628183
1978 77.91562912
1979 74.30993874
1980 74.00659755
1981 75.66850677
1982 73.36539809
1983 69.72265028
1984 68.74658382
1985 71.36256833
1986 76.82261856
1987 76.13112917
1988 78.4809396
1989 76.2601715
1990 77.44422643
1991 80.29833581
1992 80.8890212
1993 80.46155701
1994 78.51922377
1995 76.60284905
1996 74.89815969
1997 76.35723841
1998 77.65153467
1999 79.28353516
2000 77.61908606
2001 76.00494563
2002 76.65209785
2003 74.52065219
2004 70.93244423
2005 68.11608032
2006 65.92869903
2007 63.23472056
2008 61.59803073
2009 61.78087899
2010 60.39265388
2011 59.43635239
2012 59.21741511
2013 58.69984806
2014 59.23887062
2015 59.35223639
2016 59.82442007
2017 59.35092711
2018 58.74241065
2019 58.68464937
2020 56.57418524
2021
2022

Latin America & the Caribbean (IDA & IBRD countries) | 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 & the Caribbean (IDA & IBRD countries)
Records
63
Source