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

Merchandise imports from high-income economies (% of total merchandise imports) in Turkmenistan was 29.45 as of 2020. Its highest value over the past 28 years was 96.62 in 1992, while its lowest value was 22.77 in 2008.

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
1992 96.62
1993 48.67
1994 48.78
1995 28.67
1996 53.90
1997 25.58
1998 29.60
1999 35.34
2000 34.17
2001 44.12
2002 28.69
2003 37.40
2004 44.94
2005 38.42
2006 40.69
2007 34.90
2008 22.77
2009 30.92
2010 27.68
2011 33.10
2012 28.52
2013 25.80
2014 28.90
2015 26.78
2016 43.68
2017 41.04
2018 34.59
2019 25.04
2020 29.45

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