Lower 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
Lower middle income
Records
63
Source
Lower middle income | Merchandise imports from high-income economies (% of total merchandise imports)
1960 80.67327547
1961 79.35963403
1962 78.69226563
1963 78.47348043
1964 77.13762281
1965 77.05912394
1966 78.12398565
1967 78.95222301
1968 78.41384439
1969 76.78191108
1970 77.02301491
1971 78.03219279
1972 77.16630445
1973 77.96242729
1974 77.0402907
1975 80.54961812
1976 81.3753883
1977 80.57660551
1978 80.72550416
1979 79.50851324
1980 77.098342
1981 79.13817927
1982 79.41564297
1983 79.36613551
1984 77.60352989
1985 75.24920862
1986 76.82763687
1987 75.17942033
1988 75.125886
1989 74.46983606
1990 74.91044144
1991 76.14034556
1992 77.40322362
1993 77.77256675
1994 71.94040072
1995 68.88356518
1996 69.65629219
1997 72.16936743
1998 70.93168623
1999 70.17053324
2000 66.99147847
2001 64.82981817
2002 63.8357723
2003 62.09761641
2004 60.63144001
2005 59.1900789
2006 60.74512401
2007 60.29650083
2008 59.82467593
2009 58.98565217
2010 58.75546497
2011 57.08980873
2012 56.33762998
2013 55.56408007
2014 53.78657551
2015 52.01281137
2016 50.53852916
2017 50.08068383
2018 50.54189676
2019 50.03182403
2020 48.21670553
2021
2022

Lower 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
Lower middle income
Records
63
Source