World | 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
World
Records
63
Source
World | Merchandise imports from high-income economies (% of total merchandise imports)
1960 73.32806317
1961 74.21628445
1962 73.94591419
1963 73.80239542
1964 73.54702435
1965 73.93518898
1966 74.35628066
1967 75.15159984
1968 75.15904043
1969 75.21686699
1970 75.23523612
1971 75.9064814
1972 76.19558872
1973 75.39702478
1974 72.60350444
1975 73.87863506
1976 74.07036349
1977 73.71852563
1978 74.98497942
1979 74.12565228
1980 73.81336873
1981 75.74810686
1982 75.42718014
1983 75.10475528
1984 75.18397832
1985 75.5075301
1986 78.54782964
1987 78.62720464
1988 78.83218918
1989 78.22594093
1990 78.1516058
1991 78.23206786
1992 78.00412308
1993 77.0608502
1994 76.10868777
1995 75.68937932
1996 74.8661653
1997 75.38080605
1998 76.01327181
1999 77.54246496
2000 74.98687275
2001 74.41499888
2002 73.80246333
2003 73.01064994
2004 71.61879438
2005 69.55583823
2006 68.30331049
2007 67.82721085
2008 66.43782531
2009 66.05751094
2010 64.27826271
2011 63.9037176
2012 63.32578328
2013 63.37229357
2014 63.29580497
2015 62.96099177
2016 63.34878158
2017 63.06383064
2018 62.97524887
2019 62.82938068
2020 62.30558406
2021
2022
World | 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
World
Records
63
Source