Low income - Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies (% of total merchandise imports) in Low income was 35.96 as of 2020. Its highest value over the past 60 years was 72.32 in 1961, while its lowest value was 33.31 in 2014.

Definition: 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.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 72.04
1961 72.32
1962 71.57
1963 70.52
1964 64.74
1965 64.71
1966 67.36
1967 66.10
1968 64.54
1969 64.80
1970 65.76
1971 66.52
1972 64.96
1973 64.46
1974 61.91
1975 65.31
1976 71.02
1977 69.31
1978 64.88
1979 62.79
1980 64.20
1981 63.69
1982 61.58
1983 62.51
1984 59.04
1985 61.86
1986 63.82
1987 66.69
1988 66.02
1989 64.61
1990 67.46
1991 67.39
1992 66.66
1993 65.38
1994 64.97
1995 62.98
1996 56.02
1997 59.64
1998 64.11
1999 57.57
2000 48.40
2001 53.33
2002 50.12
2003 43.60
2004 41.85
2005 40.70
2006 41.91
2007 41.64
2008 38.69
2009 36.59
2010 39.41
2011 39.92
2012 38.60
2013 36.31
2014 33.31
2015 35.36
2016 33.60
2017 35.37
2018 36.53
2019 36.15
2020 35.96

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.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Imports