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
Middle income
Records
63
Source
Middle income | Merchandise imports from high-income economies (% of total merchandise imports)
1960 82.10932283
1961 81.93472765
1962 81.36683063
1963 80.95939186
1964 79.34765697
1965 78.82068686
1966 80.0936474
1967 80.88234086
1968 80.52425415
1969 79.51655184
1970 80.10844968
1971 80.73247355
1972 80.25853536
1973 79.64450662
1974 78.90068028
1975 80.82428785
1976 80.59638903
1977 79.79410344
1978 79.94669103
1979 78.60535706
1980 76.97520523
1981 79.4208977
1982 78.47931006
1983 77.653257
1984 76.14691465
1985 75.95306685
1986 78.43247983
1987 76.8600854
1988 77.33598096
1989 76.82197508
1990 78.43371317
1991 80.71810554
1992 79.95043783
1993 80.18144523
1994 77.47582411
1995 74.87716204
1996 74.54257431
1997 76.09738389
1998 76.50299231
1999 76.87158535
2000 74.25875107
2001 73.10161069
2002 71.90177475
2003 69.78288306
2004 67.95296899
2005 65.9110738
2006 65.04883843
2007 63.42713448
2008 61.93228224
2009 61.83995761
2010 61.06465509
2011 59.26546057
2012 58.97289329
2013 59.23558555
2014 58.74653317
2015 58.45648759
2016 58.33063968
2017 57.76412222
2018 57.40852253
2019 56.57623234
2020 56.13903116
2021
2022

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
Middle income
Records
63
Source