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