Chile - 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 Chile was 56.30 as of 2020. Its highest value over the past 60 years was 56.30 in 2020, while its lowest value was 15.52 in 1982.

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
1960 17.46
1961 17.64
1962 18.31
1963 22.13
1964 21.33
1965 20.58
1966 18.28
1967 19.86
1968 19.90
1969 19.61
1970 18.54
1971 23.13
1972 30.16
1973 31.28
1974 34.52
1975 28.95
1976 30.78
1977 36.77
1978 31.87
1979 34.00
1980 23.94
1981 17.62
1982 15.52
1983 18.11
1984 23.32
1985 23.08
1986 22.83
1987 24.54
1988 28.81
1989 28.54
1990 29.78
1991 32.33
1992 32.57
1993 30.14
1994 30.55
1995 31.23
1996 29.96
1997 30.68
1998 30.28
1999 35.14
2000 41.34
2001 42.81
2002 45.42
2003 51.77
2004 53.33
2005 51.75
2006 51.41
2007 49.54
2008 49.63
2009 47.15
2010 48.33
2011 47.94
2012 46.99
2013 47.17
2014 49.04
2015 50.77
2016 51.54
2017 53.16
2018 53.10
2019 52.75
2020 56.30

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