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

Merchandise imports from high-income economies (% of total merchandise imports) in Benin was 37.23 as of 2020. Its highest value over the past 60 years was 79.83 in 1962, while its lowest value was 30.06 in 2018.

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 63.16
1961 62.99
1962 79.83
1963 74.02
1964 76.70
1965 76.25
1966 76.96
1967 75.91
1968 74.11
1969 71.82
1970 69.72
1971 76.66
1972 77.75
1973 69.75
1974 73.45
1975 72.66
1976 74.38
1977 72.28
1978 71.35
1979 68.99
1980 66.19
1981 65.20
1982 68.10
1983 68.77
1984 63.44
1985 61.90
1986 59.98
1987 50.30
1988 51.74
1989 55.28
1990 51.15
1991 67.62
1992 63.29
1993 65.97
1994 66.32
1995 62.83
1996 62.33
1997 68.86
1998 69.46
1999 60.50
2000 62.61
2001 57.49
2002 56.65
2003 55.46
2004 51.31
2005 54.36
2006 51.55
2007 49.75
2008 50.90
2009 52.72
2010 49.80
2011 51.73
2012 48.80
2013 44.22
2014 41.50
2015 43.08
2016 37.73
2017 32.40
2018 30.06
2019 31.80
2020 37.23

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