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

Merchandise imports from high-income economies (% of total merchandise imports) in Belize was 53.56 as of 2020. Its highest value over the past 57 years was 89.65 in 1963, while its lowest value was 40.96 in 2004.

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
1963 89.65
1964 88.99
1965 86.43
1966 87.42
1967 84.85
1968 85.47
1969 83.35
1970 83.69
1971 82.90
1972 72.12
1973 70.18
1974 67.68
1975 79.55
1976 75.26
1977 74.30
1978 76.36
1979 73.50
1981 73.92
1982 69.70
1983 65.74
1984 67.94
1985 81.20
1986 83.63
1987 84.81
1988 82.66
1989 83.81
1990 81.56
1991 85.06
1992 80.44
1993 76.86
1994 74.03
1995 74.26
1996 70.39
1997 69.27
1998 66.46
1999 68.15
2000 70.19
2001 68.79
2002 46.30
2003 45.12
2004 40.96
2005 56.54
2006 61.09
2007 56.91
2008 53.92
2009 51.59
2010 62.79
2011 60.18
2012 58.09
2013 57.78
2014 57.97
2015 59.98
2016 60.09
2017 60.07
2018 59.62
2019 58.08
2020 53.56

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