Low & middle 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 & middle income
Records
63
Source
Low & middle income | Merchandise imports from high-income economies (% of total merchandise imports)
year value
1960 81.63120981
1961 81.49848784
1962 80.77184693
1963 80.1735681
1964 77.77290151
1965 77.24525341
1966 78.6707023
1967 79.40039139
1968 78.89570913
1969 77.93741658
1970 78.58465461
1971 79.41651631
1972 78.78572153
1973 78.46926856
1974 77.82283633
1975 79.89121822
1976 80.03938088
1977 79.1795272
1978 79.21543803
1979 77.7824435
1980 76.31502611
1981 78.63963681
1982 77.66685138
1983 76.87086816
1984 75.30331961
1985 75.27887734
1986 77.73792812
1987 76.36526785
1988 76.8425589
1989 76.31751348
1990 77.82116172
1991 80.08359024
1992 79.37022076
1993 79.58636454
1994 77.02276298
1995 74.52434289
1996 74.03130115
1997 75.7026207
1998 76.14935366
1999 76.40187413
2000 73.3532438
2001 72.33230086
2002 71.12035498
2003 68.84208085
2004 67.06144716
2005 65.25403036
2006 64.43711336
2007 62.58975424
2008 61.04228298
2009 60.76006211
2010 60.26497329
2011 58.8011014
2012 58.50764078
2013 58.68774405
2014 58.13849686
2015 57.87336622
2016 57.73515192
2017 57.25753407
2018 56.98180432
2019 56.15555233
2020 55.70538096
2021
2022

Low & middle 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 & middle income
Records
63
Source