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

Merchandise imports from high-income economies (% of total merchandise imports) in Brunei was 54.23 as of 2020. Its highest value over the past 60 years was 100.00 in 1966, while its lowest value was 39.31 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 100.00
1961 100.00
1962 83.22
1963 85.71
1964 100.00
1965 88.73
1966 100.00
1967 76.90
1968 82.82
1969 83.03
1971 92.18
1972 87.67
1973 82.92
1974 85.91
1975 87.20
1976 85.19
1977 85.17
1978 82.81
1979 87.12
1980 88.16
1981 87.03
1982 85.50
1983 83.46
1984 85.80
1985 84.56
1986 85.84
1987 82.94
1988 83.41
1989 80.32
1990 78.90
1991 76.37
1992 83.81
1993 83.63
1994 77.03
1995 76.78
1996 78.18
1997 75.11
1998 81.73
1999 71.40
2000 69.08
2001 66.66
2002 73.04
2003 66.26
2004 58.22
2005 57.51
2006 59.32
2007 62.20
2008 62.45
2009 64.70
2010 58.11
2011 64.36
2012 58.07
2013 54.95
2014 59.31
2015 57.05
2016 55.11
2017 51.65
2018 39.31
2019 46.51
2020 54.23

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