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

Merchandise imports from high-income economies (% of total merchandise imports) in Thailand was 51.56 as of 2020. Its highest value over the past 60 years was 94.26 in 1974, while its lowest value was 51.56 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 92.83
1961 93.49
1962 86.97
1963 89.99
1964 90.47
1965 89.96
1966 87.26
1967 90.43
1968 91.39
1969 91.24
1970 89.74
1971 89.83
1972 91.24
1973 90.69
1974 94.26
1975 93.16
1976 89.41
1977 90.33
1978 91.38
1979 88.83
1980 87.51
1981 87.92
1982 86.63
1983 85.53
1984 85.27
1985 83.48
1986 83.16
1987 81.44
1988 81.69
1989 83.40
1990 82.65
1991 81.47
1992 83.71
1993 84.27
1994 82.30
1995 76.51
1996 77.71
1997 79.34
1998 76.82
1999 76.32
2000 75.00
2001 73.83
2002 71.13
2003 70.86
2004 69.71
2005 68.33
2006 67.23
2007 66.07
2008 65.78
2009 64.42
2010 65.10
2011 64.86
2012 62.73
2013 62.31
2014 59.42
2015 57.46
2016 55.63
2017 56.99
2018 56.38
2019 54.23
2020 51.56

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