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

Merchandise imports from high-income economies (% of total merchandise imports) in Ecuador was 56.53 as of 2020. Its highest value over the past 60 years was 89.31 in 1966, while its lowest value was 45.46 in 2008.

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 88.02
1961 86.24
1962 83.05
1963 81.06
1964 84.19
1965 83.34
1966 89.31
1967 82.50
1968 89.17
1969 83.08
1970 84.11
1971 82.28
1972 85.11
1973 81.82
1974 80.04
1975 85.15
1976 85.60
1977 85.69
1978 86.03
1979 83.58
1980 76.96
1981 76.54
1982 83.39
1983 79.65
1984 73.19
1985 76.48
1986 78.79
1987 67.48
1988 77.48
1989 72.56
1990 72.69
1991 73.86
1992 76.01
1993 79.97
1994 69.25
1995 65.57
1996 67.40
1997 66.83
1998 68.25
1999 66.07
2000 58.68
2001 58.83
2002 56.10
2003 57.78
2004 52.49
2005 52.19
2006 53.67
2007 49.64
2008 45.46
2009 52.63
2010 56.95
2011 57.61
2012 59.30
2013 59.84
2014 60.88
2015 58.12
2016 55.21
2017 54.65
2018 55.87
2019 55.07
2020 56.53

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