Trinidad and Tobago - Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies (% of total merchandise imports) in Trinidad and Tobago was 67.36 as of 2020. Its highest value over the past 60 years was 87.87 in 1980, while its lowest value was 34.46 in 2016.

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 60.53
1961 68.90
1962 72.23
1963 67.05
1964 63.03
1965 62.73
1966 58.65
1967 46.16
1968 45.69
1969 48.85
1970 54.16
1971 59.94
1972 58.80
1973 67.31
1974 60.09
1975 70.56
1976 65.12
1977 71.12
1978 75.62
1979 84.17
1980 87.87
1981 82.08
1982 79.75
1983 87.33
1984 86.45
1985 80.94
1986 87.77
1987 84.45
1988 77.04
1989 80.25
1990 72.88
1991 71.91
1992 77.14
1993 73.70
1994 78.56
1995 74.52
1996 68.25
1997 77.87
1998 74.61
1999 69.15
2000 56.57
2001 67.15
2002 62.52
2003 60.33
2004 67.98
2005 51.77
2006 47.90
2007 47.65
2008 46.50
2009 50.08
2010 48.23
2011 44.55
2012 50.68
2013 38.36
2014 40.84
2015 35.41
2016 34.46
2017 34.46
2018 48.77
2019 72.49
2020 67.36

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