Bangladesh - Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)

Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in Bangladesh was 45.42 as of 2020. Its highest value over the past 47 years was 45.42 in 2020, while its lowest value was 4.29 in 1974.

Definition: Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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
1973 9.30
1974 4.29
1975 5.67
1976 7.52
1977 11.61
1978 11.68
1979 9.72
1980 11.25
1981 11.54
1982 11.35
1983 6.04
1984 12.28
1985 11.52
1986 9.02
1987 11.28
1988 10.32
1989 13.35
1990 10.14
1991 9.63
1992 13.09
1993 12.69
1994 16.16
1995 16.71
1996 18.15
1997 19.29
1998 18.42
1999 16.09
2000 18.28
2001 18.25
2002 21.57
2003 22.05
2004 24.92
2005 26.03
2006 27.98
2007 28.68
2008 29.19
2009 35.95
2010 36.70
2011 40.88
2012 40.21
2013 40.95
2014 39.82
2015 40.77
2016 42.48
2017 41.79
2018 42.94
2019 44.00
2020 45.42

Development Relevance: Although global integration has increased, low- and middle-income economies still face trade barriers when accessing other markets.

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