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