Benin - 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 Benin was 44.78 as of 2020. Its highest value over the past 59 years was 54.08 in 2017, while its lowest value was 3.25 in 1970.

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
1961 5.34
1963 5.14
1964 6.47
1965 7.33
1966 5.11
1967 4.99
1968 6.71
1969 6.65
1970 3.25
1971 5.28
1972 5.51
1973 11.00
1974 7.93
1975 11.73
1976 11.49
1977 15.18
1978 16.49
1979 17.98
1980 16.53
1981 17.23
1982 13.63
1983 8.51
1984 12.46
1985 8.57
1986 9.83
1987 19.36
1988 21.92
1989 15.67
1990 20.18
1991 25.81
1992 27.22
1993 25.27
1994 24.77
1995 25.00
1996 19.50
1997 15.22
1998 15.72
1999 14.92
2000 15.07
2001 15.16
2002 16.60
2003 17.05
2004 21.61
2005 16.57
2006 20.37
2007 25.31
2008 29.74
2009 26.19
2010 31.79
2011 25.14
2012 28.29
2013 37.17
2014 41.43
2015 38.80
2016 46.61
2017 54.08
2018 51.60
2019 47.17
2020 44.78

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