Latin America & the Caribbean (IDA & IBRD countries) | 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 & the Caribbean (IDA & IBRD countries)
Records
63
Source
Latin America & the Caribbean (IDA & IBRD countries) | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
2.31842727 1960
2.31714356 1961
2.61529857 1962
3.57113276 1963
3.77559407 1964
3.41584878 1965
3.65687446 1966
3.43243044 1967
3.36413351 1968
3.85192439 1969
3.84113747 1970
4.36232908 1971
4.99492867 1972
5.77755774 1973
9.14812987 1974
7.43416641 1975
9.02461108 1976
8.58653334 1977
8.30307256 1978
10.67947609 1979
10.0228453 1980
7.93640967 1981
8.56516918 1982
9.65624498 1983
10.3560205 1984
10.46063655 1985
7.08242063 1986
7.87241557 1987
6.81236698 1988
7.50017885 1989
7.26205133 1990
5.39416788 1991
4.82908402 1992
5.35201352 1993
5.68630881 1994
6.51453693 1995
7.19231516 1996
7.1573281 1997
6.82707981 1998
7.021875 1999
8.3368888 2000
9.21112955 2001
10.0938547 2002
12.62814477 2003
14.87098327 2004
16.21449104 2005
17.8169805 2006
19.10397434 2007
20.95913663 2008
20.72338306 2009
22.91600363 2010
23.74633833 2011
23.61631414 2012
24.88829982 2013
25.89883494 2014
27.19099385 2015
27.41733107 2016
27.94685236 2017
28.51953391 2018
29.55268401 2019
30.76464759 2020
2021
2022
Latin America & the Caribbean (IDA & IBRD countries) | 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 & the Caribbean (IDA & IBRD countries)
Records
63
Source