Trinidad and Tobago | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)

Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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: Although global integration has increased, low- and middle-income economies still face trade barriers when accessing other markets. 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
Republic of Trinidad and Tobago
Records
63
Source
Trinidad and Tobago | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
1960 5.09575923
1961 5.3917188
1962 5.97395243
1963 10.33564198
1964 10.85619678
1965 8.4317032
1966 7.21153846
1967 7.6118677
1968 3.30952381
1969 5.59902554
1970 8.16611797
1971 12.1941198
1972 19.1371667
1973 22.99623283
1974 35.85925024
1975 27.49694252
1976 32.20134863
1977 24.34830248
1978 20.8014362
1979 11.89539847
1980 10.43606013
1981 16.42878795
1982 18.52092955
1983 10.09730464
1984 10.46240738
1985 14.68682505
1986 7.3163407
1987 11.38950601
1988 16.32206125
1989 13.05409707
1990 17.10332634
1991 11.75903287
1992 11.01900644
1993 8.04780292
1994 13.52570474
1995 16.33787749
1996 18.89345488
1997 13.0354698
1998 17.98146563
1999 18.52177742
2000 23.66726092
2001 20.31637841
2002 26.48523076
2003 32.04107761
2004 28.04496042
2005 41.45501342
2006 47.10823711
2007 47.88496566
2008 50.3636208
2009 48.47835896
2010 51.02378259
2011 55.01114482
2012 48.88718156
2013 61.03482829
2014 58.74561363
2015 64.17676335
2016 65.5071535
2017 65.50390067
2018 51.18441783
2019 27.46166741
2020 32.61272141
2021
2022

Trinidad and Tobago | Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)

Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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: Although global integration has increased, low- and middle-income economies still face trade barriers when accessing other markets. 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
Republic of Trinidad and Tobago
Records
63
Source