Upper 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
Upper middle income
Records
63
Source
Upper middle income | Merchandise imports from high-income economies (% of total merchandise imports)
year value
1960 84.18700873
1961 85.25573853
1962 84.62437615
1963 84.19497171
1964 82.71497691
1965 81.37788406
1966 82.70599963
1967 83.12064007
1968 82.81972941
1969 82.37829217
1970 83.02908353
1971 83.2135549
1972 82.7987178
1973 81.28783696
1974 80.47487045
1975 81.11257693
1976 79.72041473
1977 78.82883796
1978 79.13152049
1979 77.84401674
1980 76.88676105
1981 79.63935982
1982 77.69820178
1983 76.00510525
1984 74.92822412
1985 76.428504
1986 79.51438174
1987 77.94849832
1988 78.59813567
1989 78.1831248
1990 80.65757851
1991 83.363607
1992 81.22682561
1993 81.20448344
1994 79.68125491
1995 77.43529783
1996 76.63239387
1997 77.71976217
1998 78.61558524
1999 79.43035236
2000 76.75325817
2001 75.99142316
2002 74.71631518
2003 72.38842183
2004 70.40571614
2005 68.23882036
2006 66.4831476
2007 64.50678839
2008 62.752785
2009 62.97567077
2010 61.92919578
2011 60.09191822
2012 59.97435709
2013 60.56421726
2014 60.57997403
2015 61.02973111
2016 61.44752842
2017 60.87115872
2018 60.15083482
2019 59.20217445
2020 59.06290174
2021
2022

Upper 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
Upper middle income
Records
63
Source