Hong Kong SAR, China - Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies (% of total merchandise imports) in Hong Kong SAR, China was 42.40 as of 2020. Its highest value over the past 60 years was 72.22 in 1978, while its lowest value was 41.30 in 2014.

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 58.73
1961 60.56
1962 60.56
1963 58.22
1964 61.50
1965 59.50
1966 58.22
1967 63.75
1968 66.16
1969 67.69
1970 71.14
1971 71.66
1972 70.51
1973 67.99
1974 70.82
1975 67.60
1976 70.25
1977 72.15
1978 72.22
1979 71.80
1980 70.77
1981 70.73
1982 68.96
1983 67.50
1984 67.72
1985 67.22
1986 63.01
1987 61.52
1988 60.50
1989 57.26
1990 55.72
1991 54.80
1992 55.69
1993 55.25
1994 54.64
1995 55.59
1996 54.08
1997 53.81
1998 50.93
1999 47.87
2000 48.32
2001 47.74
2002 46.53
2003 46.60
2004 46.81
2005 44.98
2006 44.49
2007 43.78
2008 43.05
2009 42.76
2010 43.57
2011 44.25
2012 42.43
2013 41.43
2014 41.30
2015 42.16
2016 42.42
2017 42.92
2018 42.13
2019 41.31
2020 42.40

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