Cambodia - Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)

Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) in Cambodia was 73.87 as of 2020. Its highest value over the past 60 years was 73.87 in 2020, while its lowest value was 2.09 in 1983.

Definition: Merchandise imports from low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 8.54
1961 6.89
1962 6.94
1963 16.73
1964 20.65
1965 18.54
1966 19.93
1968 7.33
1970 3.91
1981 15.03
1982 6.39
1983 2.09
1984 2.67
1985 7.64
1986 12.18
1987 4.13
1988 18.37
1989 56.02
1990 49.18
1991 36.09
1992 17.24
1993 38.99
1994 44.34
1995 44.61
1996 43.18
1997 34.22
1998 34.42
1999 37.97
2000 40.00
2001 50.36
2002 41.80
2003 43.36
2004 44.40
2005 42.45
2006 46.87
2007 47.65
2008 52.62
2009 54.52
2010 55.45
2011 60.84
2012 62.42
2013 59.46
2014 59.84
2015 62.17
2016 66.63
2017 68.81
2018 69.47
2019 71.04
2020 73.87

Development Relevance: The relative importance of intraregional trade is higher for both landlocked countries and small countries with close trade links to the largest regional economy. For most low- and middle-income economies - especially smaller ones - there is a "geographic bias" favoring intraregional trade. Despite the broad trend toward globalization and the reduction of trade barriers, the relative share of intraregional trade increased for most economies between 1999 and 2010. This is due partly to trade-related advantages, such as proximity, lower transport costs, increased knowledge from repeated interaction, and cultural and historical affinity. The direction of trade is also influenced by preferential trade agreements that a country has made with other economies. Though formal agreements on trade liberalization do not automatically increase trade, they nevertheless affect the direction of trade between the participating 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