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

Merchandise imports from high-income economies (% of total merchandise imports) in Middle income was 56.44 as of 2020. Its highest value over the past 60 years was 80.20 in 1960, while its lowest value was 56.44 in 2020.

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 80.20
1961 79.88
1962 78.71
1963 78.13
1964 76.27
1965 76.19
1966 77.60
1967 78.37
1968 77.98
1969 77.01
1970 77.39
1971 78.08
1972 77.55
1973 77.44
1974 77.29
1975 79.17
1976 78.50
1977 77.78
1978 77.82
1979 76.20
1980 74.64
1981 77.90
1982 76.81
1983 75.98
1984 74.53
1985 74.03
1986 76.53
1987 75.04
1988 75.71
1989 75.35
1990 77.50
1991 80.18
1992 79.59
1993 79.87
1994 77.28
1995 74.73
1996 74.44
1997 75.98
1998 76.44
1999 76.82
2000 74.21
2001 73.06
2002 71.91
2003 69.82
2004 68.00
2005 65.95
2006 65.11
2007 63.63
2008 62.11
2009 62.03
2010 61.21
2011 59.43
2012 59.09
2013 59.36
2014 58.89
2015 58.65
2016 58.55
2017 57.97
2018 57.61
2019 56.84
2020 56.44

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