Lower middle income | Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)

Merchandise imports from low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies. Development relevance: The relative importance of intraregional trade is higher for both landlocked countries and small countries with close trade links to the largest regional economy. For most low- and middle-income economies - especially smaller ones - there is a "geographic bias" favoring intraregional trade. Despite the broad trend toward globalization and the reduction of trade barriers, the relative share of intraregional trade increased for most economies between 1999 and 2010. This is due partly to trade-related advantages, such as proximity, lower transport costs, increased knowledge from repeated interaction, and cultural and historical affinity. The direction of trade is also influenced by preferential trade agreements that a country has made with other economies. Though formal agreements on trade liberalization do not automatically increase trade, they nevertheless affect the direction of trade between the participating 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 low- and middle-income economies within region (% of total merchandise imports)
1960 4.386243
1961 4.70246704
1962 4.58647985
1963 5.30234295
1964 6.53417377
1965 7.13811554
1966 4.83162034
1967 4.65823442
1968 5.46133858
1969 5.32930366
1970 5.49226535
1971 5.04368515
1972 5.79202307
1973 5.06843542
1974 5.08103016
1975 4.4341152
1976 4.3438593
1977 4.04032455
1978 3.57766764
1979 4.14136018
1980 4.67953536
1981 4.07321093
1982 3.78730813
1983 3.62607205
1984 4.1714233
1985 4.63793642
1986 4.05378295
1987 4.67447198
1988 4.57132415
1989 5.31504066
1990 5.11903961
1991 5.15747152
1992 5.74197039
1993 6.8672826
1994 11.32483582
1995 12.77196553
1996 12.69391553
1997 12.41460431
1998 12.39624878
1999 11.83577704
2000 13.83551138
2001 14.15483571
2002 14.10107141
2003 14.71893108
2004 16.23806209
2005 15.48610783
2006 15.68761259
2007 15.75463474
2008 15.13971888
2009 15.20422649
2010 15.525463
2011 15.83577861
2012 15.92859773
2013 16.59174672
2014 16.43051317
2015 17.59248517
2016 18.45161152
2017 18.48992972
2018 19.36825941
2019 20.55718127
2020 21.85855881
2021
2022

Lower middle income | Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)

Merchandise imports from low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies. Development relevance: The relative importance of intraregional trade is higher for both landlocked countries and small countries with close trade links to the largest regional economy. For most low- and middle-income economies - especially smaller ones - there is a "geographic bias" favoring intraregional trade. Despite the broad trend toward globalization and the reduction of trade barriers, the relative share of intraregional trade increased for most economies between 1999 and 2010. This is due partly to trade-related advantages, such as proximity, lower transport costs, increased knowledge from repeated interaction, and cultural and historical affinity. The direction of trade is also influenced by preferential trade agreements that a country has made with other economies. Though formal agreements on trade liberalization do not automatically increase trade, they nevertheless affect the direction of trade between the participating 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