Oman - 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 Oman was 24.06 as of 2020. Its highest value over the past 50 years was 31.71 in 1970, while its lowest value was 5.68 in 1986.

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
1970 31.71
1971 29.95
1972 20.31
1973 16.65
1974 13.05
1975 11.48
1976 10.26
1977 10.08
1978 10.21
1979 8.63
1980 7.25
1981 6.40
1982 6.52
1983 6.58
1984 6.49
1985 6.15
1986 5.68
1987 7.18
1988 9.09
1989 7.47
1990 7.09
1991 7.38
1992 6.86
1993 7.39
1994 9.71
1995 11.56
1996 11.41
1997 11.15
1998 11.33
1999 12.54
2000 13.59
2001 14.17
2002 14.28
2003 15.53
2004 11.71
2005 15.99
2006 18.53
2007 19.73
2008 20.98
2009 22.06
2010 19.60
2011 22.55
2012 25.08
2013 26.24
2014 23.33
2015 22.43
2016 22.00
2017 25.20
2018 22.94
2019 24.06
2020 24.06

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