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

Merchandise imports from high-income economies (% of total merchandise imports) in Italy was 72.64 as of 2020. Its highest value over the past 60 years was 81.83 in 1999, while its lowest value was 65.66 in 2012.

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 72.81
1961 75.01
1962 74.17
1963 73.61
1964 73.74
1965 71.51
1966 71.13
1967 71.27
1968 70.76
1969 71.54
1970 72.35
1971 72.91
1972 74.29
1973 73.52
1974 69.79
1975 70.42
1976 69.24
1977 69.94
1978 69.98
1979 70.47
1980 70.66
1981 69.26
1982 67.71
1983 66.33
1984 66.67
1985 66.90
1986 74.93
1987 76.02
1988 76.64
1989 75.49
1990 75.56
1991 76.28
1992 77.80
1993 76.53
1994 76.36
1995 76.54
1996 75.96
1997 75.98
1998 77.60
1999 81.83
2000 77.64
2001 78.15
2002 78.71
2003 78.26
2004 76.58
2005 73.67
2006 71.07
2007 70.43
2008 67.43
2009 70.06
2010 66.86
2011 66.64
2012 65.66
2013 66.89
2014 68.51
2015 70.11
2016 72.09
2017 71.76
2018 70.45
2019 70.69
2020 72.64

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