Italy - 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 Italy was 26.94 as of 2020. Its highest value over the past 60 years was 33.82 in 2012, while its lowest value was 13.68 in 1988.

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 17.97
1961 16.32
1962 17.08
1963 17.05
1964 17.90
1965 19.64
1966 20.50
1967 18.78
1968 19.68
1969 19.61
1970 18.90
1971 18.68
1972 17.00
1973 18.11
1974 22.85
1975 22.07
1976 21.72
1977 21.65
1978 21.50
1979 21.20
1980 20.10
1981 21.08
1982 22.26
1983 22.89
1984 21.99
1985 23.22
1986 15.60
1987 14.50
1988 13.68
1989 14.64
1990 14.88
1991 14.28
1992 14.00
1993 18.52
1994 18.54
1995 18.46
1996 18.78
1997 18.75
1998 17.08
1999 17.78
2000 21.98
2001 21.44
2002 20.81
2003 21.28
2004 22.99
2005 26.02
2006 28.74
2007 29.28
2008 32.27
2009 29.62
2010 32.86
2011 32.83
2012 33.82
2013 32.54
2014 31.11
2015 29.50
2016 27.56
2017 27.87
2018 29.21
2019 28.87
2020 26.94

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