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

Merchandise imports from high-income economies (% of total merchandise imports) in Euro area was 77.83 as of 2020. Its highest value over the past 60 years was 85.80 in 1999, while its lowest value was 69.23 in 1960.

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 69.23
1961 70.54
1962 70.58
1963 70.65
1964 70.55
1965 70.84
1966 71.08
1967 71.18
1968 71.44
1969 71.75
1970 72.93
1971 73.77
1972 74.09
1973 73.60
1974 70.59
1975 72.56
1976 72.12
1977 72.11
1978 73.13
1979 73.03
1980 72.74
1981 74.03
1982 72.71
1983 71.67
1984 71.35
1985 71.71
1986 76.87
1987 77.88
1988 78.23
1989 78.01
1990 78.04
1991 78.21
1992 79.11
1993 79.24
1994 78.47
1995 78.97
1996 78.68
1997 79.77
1998 81.19
1999 85.80
2000 84.20
2001 83.99
2002 84.36
2003 83.71
2004 82.77
2005 80.66
2006 79.41
2007 78.98
2008 77.22
2009 78.53
2010 76.63
2011 76.04
2012 75.61
2013 76.23
2014 76.72
2015 77.68
2016 78.29
2017 77.52
2018 77.07
2019 77.31
2020 77.83

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