Guinea-Bissau - 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 Guinea-Bissau was 27.32 as of 2020. Its highest value over the past 52 years was 45.91 in 1993, while its lowest value was 0.98 in 1971.

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
1968 3.41
1970 3.68
1971 0.98
1973 5.15
1974 8.88
1975 8.79
1976 10.35
1977 8.08
1978 1.56
1979 4.01
1980 9.12
1981 11.20
1982 12.33
1983 20.87
1984 4.90
1985 10.00
1986 18.37
1987 8.48
1988 11.54
1989 11.86
1990 9.52
1991 22.33
1992 23.73
1993 45.91
1994 37.90
1995 35.31
1996 13.47
1997 19.11
1998 21.50
1999 32.40
2000 22.92
2001 20.41
2002 20.80
2003 34.61
2004 18.70
2005 15.10
2006 10.30
2007 11.78
2008 14.02
2009 22.16
2010 22.20
2011 15.71
2012 15.22
2013 14.93
2014 18.36
2015 22.72
2016 21.73
2017 22.66
2018 19.98
2019 20.58
2020 27.32

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