United Kingdom | 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
United Kingdom of Great Britain and Northern Ireland
Records
63
Source
United Kingdom | Merchandise imports from high-income economies (% of total merchandise imports)
year value
1960 71.03691553
1961 70.24818969
1962 70.00446706
1963 69.97878019
1964 70.61712238
1965 70.10128249
1966 71.25430505
1967 72.45064208
1968 73.52913251
1969 73.22436135
1970 75.22034694
1971 75.45676757
1972 76.76435269
1973 76.92041971
1974 76.30421427
1975 75.77197369
1976 76.18153941
1977 76.67033966
1978 79.66349844
1979 82.48647704
1980 82.96586883
1981 84.28180295
1982 82.6463413
1983 84.31466245
1984 83.73628472
1985 83.90480299
1986 85.3781659
1987 86.10027981
1988 86.66084387
1989 86.61646264
1990 86.21317165
1991 86.02110663
1992 85.97738046
1993 81.89544468
1994 82.32751156
1995 81.92513659
1996 80.8951296
1997 80.11988082
1998 79.98078161
1999 88.62206781
2000 81.57468988
2001 79.43211754
2002 78.53258908
2003 80.80564181
2004 80.46196446
2005 75.11332324
2006 71.65697318
2007 76.12348419
2008 75.44730781
2009 74.63559304
2010 73.56366208
2011 74.73955275
2012 73.98016239
2013 73.56974491
2014 74.73413107
2015 75.8946729
2016 76.91278037
2017 76.68242805
2018 75.95879087
2019 75.85873914
2020 70.48415575
2021
2022

United Kingdom | 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
United Kingdom of Great Britain and Northern Ireland
Records
63
Source