United States | 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 States
Records
63
Source
United States | Merchandise imports from high-income economies (% of total merchandise imports)
year value
1960 60.78462899
1961 61.90703112
1962 63.85758065
1963 64.82429836
1964 65.68070324
1965 68.55221295
1966 70.82721788
1967 72.73856193
1968 75.17230262
1969 77.09532849
1970 77.41945307
1971 78.68662436
1972 79.07730421
1973 76.37511004
1974 67.66554352
1975 67.67911975
1976 68.49217994
1977 66.86395622
1978 69.34346583
1979 66.35497462
1980 65.75073907
1981 69.23094645
1982 71.67348556
1983 72.13886388
1984 74.7534296
1985 76.97228758
1986 79.71778558
1987 78.69356189
1988 78.44890209
1989 76.15778693
1990 74.44202671
1991 74.33523719
1992 72.66628424
1993 71.52300166
1994 70.3342656
1995 69.1246868
1996 67.23592217
1997 66.6175965
1998 66.11185856
1999 65.59494697
2000 63.99483142
2001 63.33425693
2002 61.63928277
2003 60.03736277
2004 58.08259094
2005 55.92548298
2006 53.94656628
2007 53.21153074
2008 51.97902576
2009 50.04251763
2010 48.71156738
2011 49.29267459
2012 50.02162622
2013 50.30859309
2014 50.66915915
2015 49.6751429
2016 49.27211038
2017 48.4531832
2018 48.72771569
2019 50.67654105
2020 50.23157142
2021
2022

United States | 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 States
Records
63
Source