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

Merchandise imports from high-income economies (% of total merchandise imports) in Bermuda was 93.41 as of 2020. Its highest value over the past 59 years was 99.34 in 2004, while its lowest value was 52.80 in 1965.

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
1961 74.40
1962 73.64
1963 59.66
1964 60.76
1965 52.80
1966 57.05
1967 55.24
1968 91.06
1971 95.38
1972 94.93
1973 92.54
1974 83.95
1975 88.50
1976 87.37
1977 87.38
1978 86.36
1979 81.83
1980 81.13
1981 85.36
1982 86.60
1983 86.58
1984 89.16
1985 94.98
1986 89.16
1987 89.80
1988 97.85
1989 94.25
1990 90.25
1991 93.43
1992 94.86
1993 98.44
1994 94.71
1995 96.27
1996 97.28
1997 81.53
1998 76.24
1999 57.33
2000 93.97
2001 91.88
2002 96.39
2003 92.34
2004 99.34
2005 93.24
2006 91.02
2007 90.66
2008 90.66
2009 90.47
2010 87.81
2011 82.02
2012 86.93
2013 86.64
2014 84.75
2015 84.77
2016 87.33
2017 90.82
2018 87.65
2019 80.12
2020 93.41

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