Nepal - 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 Nepal was 20.91 as of 2020. Its highest value over the past 39 years was 38.90 in 1999, while its lowest value was 6.53 in 1984.

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
1981 7.62
1982 11.91
1983 13.74
1984 6.53
1985 8.37
1986 9.58
1987 11.63
1988 15.75
1989 17.17
1990 15.46
1991 12.02
1992 17.33
1993 21.25
1994 25.98
1995 28.88
1996 8.84
1997 7.92
1998 10.63
1999 38.90
2000 15.20
2001 13.93
2002 15.66
2003 14.19
2004 14.00
2005 15.64
2006 13.03
2007 18.42
2008 20.35
2009 22.09
2010 19.72
2011 20.93
2012 20.31
2013 21.59
2014 20.98
2015 22.95
2016 22.23
2017 20.97
2018 17.64
2019 21.39
2020 20.91

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