Hong Kong SAR, China - 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 Hong Kong SAR, China was 57.58 as of 2020. Its highest value over the past 60 years was 58.69 in 2014, while its lowest value was 25.43 in 1978.

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 33.45
1961 32.25
1962 32.88
1963 33.99
1964 36.55
1965 38.29
1966 39.41
1967 34.25
1968 31.57
1969 29.93
1970 26.87
1971 26.31
1972 27.61
1973 30.19
1974 27.37
1975 30.46
1976 28.13
1977 26.01
1978 25.43
1979 26.31
1980 27.38
1981 27.74
1982 29.33
1983 30.95
1984 30.96
1985 31.45
1986 35.64
1987 37.14
1988 38.17
1989 41.56
1990 43.07
1991 43.93
1992 43.09
1993 43.73
1994 44.42
1995 43.69
1996 45.28
1997 46.18
1998 49.05
1999 52.11
2000 51.66
2001 52.24
2002 53.44
2003 53.38
2004 53.17
2005 55.00
2006 55.49
2007 56.18
2008 56.89
2009 57.17
2010 56.41
2011 55.73
2012 57.55
2013 58.56
2014 58.69
2015 57.83
2016 57.57
2017 57.07
2018 57.86
2019 58.68
2020 57.58

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