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

Merchandise imports from high-income economies (% of total merchandise imports) in Turkey was 54.70 as of 2020. Its highest value over the past 60 years was 89.41 in 1961, while its lowest value was 52.62 in 2019.

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 88.84
1961 89.41
1962 87.15
1963 83.99
1964 82.54
1965 86.87
1966 85.64
1967 83.16
1968 82.40
1969 82.40
1970 82.98
1971 80.05
1972 80.50
1973 77.65
1974 79.72
1975 76.79
1976 71.18
1977 70.21
1978 66.84
1979 69.53
1980 52.72
1981 57.69
1982 57.62
1983 56.12
1984 56.15
1985 59.48
1986 72.43
1987 64.72
1988 66.18
1989 66.73
1990 69.73
1991 80.67
1992 74.87
1993 72.40
1994 75.05
1995 73.49
1996 75.82
1997 77.31
1998 79.12
1999 74.20
2000 71.95
2001 69.34
2002 70.17
2003 69.08
2004 67.40
2005 63.42
2006 59.12
2007 57.36
2008 54.52
2009 56.85
2010 56.18
2011 55.40
2012 53.62
2013 55.80
2014 54.14
2015 54.86
2016 57.28
2017 56.74
2018 54.28
2019 52.62
2020 54.70

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