Low income | 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
Low income
Records
63
Source
Low income | Merchandise imports from high-income economies (% of total merchandise imports)
72.04490425 1960
72.32395901 1961
71.56967432 1962
70.51829438 1963
61.59776428 1964
61.66171825 1965
64.96322908 1966
64.85133592 1967
63.47546401 1968
63.80550364 1969
65.40869505 1970
66.25344736 1971
65.30091624 1972
64.71630079 1973
63.35959107 1974
67.1298849 1975
71.84706146 1976
70.2446705 1977
66.15477303 1978
63.89641373 1979
65.12523526 1980
64.15915173 1981
62.21563887 1982
62.92361323 1983
59.36274273 1984
62.28626659 1985
64.20680366 1986
66.7445214 1987
66.07994412 1988
64.61195977 1989
67.08973562 1990
67.06071561 1991
66.08965587 1992
64.78935905 1993
64.59457448 1994
62.615437 1995
55.59674514 1996
59.01699757 1997
63.26918083 1998
56.74926049 1999
47.83016216 2000
52.6394207 2001
49.52023008 2002
43.11008309 2003
41.70874889 2004
40.39040491 2005
41.57049581 2006
41.27578797 2007
38.41462915 2008
36.42469785 2009
39.02904843 2010
39.12483779 2011
37.92581085 2012
35.49840448 2013
32.60890202 2014
34.88031501 2015
33.46848716 2016
34.74306404 2017
36.01718859 2018
36.16165481 2019
35.77432145 2020
2021
2022
Low income | 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
Low income
Records
63
Source