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

Merchandise imports from high-income economies (% of total merchandise imports) in North America was 53.27 as of 2020. Its highest value over the past 60 years was 82.03 in 1972, while its lowest value was 52.30 in 2017.

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 67.61
1961 69.56
1962 70.17
1963 70.57
1964 71.50
1965 73.69
1966 74.95
1967 77.50
1968 78.82
1969 80.63
1970 80.46
1971 81.51
1972 82.03
1973 79.80
1974 72.05
1975 72.64
1976 72.83
1977 71.49
1978 73.45
1979 71.27
1980 70.46
1981 73.24
1982 74.90
1983 75.76
1984 77.68
1985 79.56
1986 81.87
1987 81.01
1988 80.89
1989 78.83
1990 77.47
1991 77.20
1992 75.68
1993 74.52
1994 73.52
1995 72.82
1996 71.12
1997 70.79
1998 70.27
1999 69.62
2000 67.80
2001 67.04
2002 65.42
2003 63.81
2004 61.77
2005 59.72
2006 57.80
2007 57.12
2008 55.89
2009 54.22
2010 52.78
2011 53.19
2012 53.78
2013 54.26
2014 54.64
2015 53.52
2016 53.07
2017 52.30
2018 52.49
2019 54.11
2020 53.27

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