Iran - 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 Iran was 60.80 as of 2020. Its highest value over the past 60 years was 60.80 in 2020, while its lowest value was 3.64 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 5.24
1961 5.40
1962 4.05
1963 3.87
1964 4.48
1965 3.99
1966 5.62
1967 5.06
1968 4.27
1969 4.78
1973 6.73
1974 8.59
1975 8.48
1976 7.58
1977 6.15
1978 3.64
1979 5.99
1980 6.81
1981 10.80
1982 15.47
1983 14.95
1984 14.85
1985 18.80
1986 16.10
1987 20.62
1988 17.61
1989 17.71
1990 11.40
1991 9.18
1992 8.83
1993 15.85
1994 20.00
1995 25.56
1996 29.24
1997 25.15
1998 21.85
1999 22.31
2000 29.45
2001 28.75
2002 23.25
2003 26.25
2004 20.87
2005 22.09
2006 21.81
2007 23.81
2008 23.26
2009 24.15
2010 24.30
2011 36.20
2012 41.01
2013 43.87
2014 44.63
2015 46.85
2016 50.03
2017 43.87
2018 46.31
2019 59.88
2020 60.80

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