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