Least developed countries: UN classification | 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
Least developed countries: UN classification
Records
63
Source
Least developed countries: UN classification | Merchandise imports from high-income economies (% of total merchandise imports)
75.49907424 1960
75.80965512 1961
75.37194878 1962
73.54265757 1963
66.1880258 1964
66.24370678 1965
69.31782445 1966
69.05756412 1967
68.31076848 1968
67.2827705 1969
68.89923956 1970
69.69836629 1971
68.70081438 1972
67.51863336 1973
65.92063119 1974
67.68712942 1975
68.68471222 1976
67.88908904 1977
68.72912406 1978
68.34432218 1979
69.07367425 1980
69.94097652 1981
69.59602974 1982
69.78046393 1983
67.32979858 1984
69.55050668 1985
67.30792853 1986
68.94668591 1987
68.80260397 1988
66.86792241 1989
69.6776866 1990
69.62620737 1991
68.36064656 1992
66.31636137 1993
63.52482812 1994
63.38734841 1995
58.36475441 1996
61.66902364 1997
62.03498853 1998
58.46569227 1999
48.40259955 2000
48.66614219 2001
47.15145041 2002
45.8951648 2003
41.56220775 2004
42.68218296 2005
44.28269343 2006
44.65558092 2007
44.73873594 2008
44.3754202 2009
44.01939958 2010
43.3382149 2011
42.87397817 2012
41.91473974 2013
39.0191792 2014
39.42484948 2015
35.24679277 2016
36.52733609 2017
34.86285511 2018
36.03571523 2019
34.75156798 2020
2021
2022
Least developed countries: UN classification | 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
Least developed countries: UN classification
Records
63
Source