Caribbean small states - Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies (% of total merchandise imports) in Caribbean small states was 70.84 as of 2020. Its highest value over the past 60 years was 85.01 in 1993, while its lowest value was 55.37 in 2015.

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 78.56
1961 80.98
1962 80.47
1963 79.26
1964 78.70
1965 76.64
1966 77.90
1967 75.11
1968 75.79
1969 77.23
1970 77.79
1971 70.33
1972 70.53
1973 68.00
1974 60.72
1975 64.74
1976 67.03
1977 61.84
1978 62.57
1979 64.55
1980 81.35
1981 70.68
1982 75.19
1983 67.11
1984 59.91
1985 60.14
1986 67.75
1987 75.72
1988 79.00
1989 81.68
1990 82.09
1991 82.74
1992 83.16
1993 85.01
1994 84.21
1995 81.12
1996 81.37
1997 83.74
1998 83.40
1999 82.43
2000 78.33
2001 78.41
2002 76.37
2003 75.99
2004 75.96
2005 71.96
2006 69.98
2007 68.43
2008 65.63
2009 66.68
2010 67.08
2011 63.48
2012 63.32
2013 58.52
2014 61.27
2015 55.37
2016 57.47
2017 60.89
2018 68.62
2019 72.21
2020 70.84

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