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

Merchandise imports from high-income economies (% of total merchandise imports) in Oman was 75.94 as of 2020. Its highest value over the past 50 years was 92.81 in 1985, while its lowest value was 56.39 in 1970.

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
1970 56.39
1971 61.98
1972 74.05
1973 82.77
1974 85.63
1975 87.17
1976 88.61
1977 89.23
1978 88.88
1979 90.16
1980 90.87
1981 92.79
1982 92.22
1983 92.40
1984 92.56
1985 92.81
1986 86.93
1987 84.99
1988 89.77
1989 91.25
1990 90.01
1991 91.59
1992 92.33
1993 91.89
1994 89.68
1995 87.09
1996 87.04
1997 88.84
1998 88.67
1999 87.46
2000 86.41
2001 85.82
2002 85.71
2003 84.46
2004 88.29
2005 84.00
2006 81.47
2007 80.25
2008 79.02
2009 77.94
2010 80.40
2011 77.45
2012 74.92
2013 73.76
2014 76.67
2015 77.57
2016 78.00
2017 74.71
2018 76.61
2019 75.94
2020 75.94

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