Uganda - Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)

Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) in Uganda was 27.01 as of 2020. Its highest value over the past 60 years was 57.43 in 1977, while its lowest value was 0.52 in 1967.

Definition: Merchandise imports from low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 6.98
1961 6.08
1962 3.85
1963 2.17
1964 0.88
1965 0.88
1966 0.67
1967 0.52
1968 25.90
1969 27.41
1970 30.03
1971 23.39
1972 27.91
1973 40.94
1974 38.17
1975 34.41
1976 50.48
1977 57.43
1978 28.86
1979 33.61
1980 30.94
1981 42.41
1982 33.55
1983 35.79
1984 37.29
1985 33.46
1986 33.57
1987 18.42
1988 22.24
1989 21.25
1990 38.16
1991 14.77
1992 22.82
1993 30.51
1994 40.39
1995 39.98
1996 45.14
1997 44.20
1998 45.19
1999 49.68
2000 39.80
2001 36.91
2002 40.46
2003 35.02
2004 33.70
2005 35.19
2006 24.26
2007 22.12
2008 20.36
2009 19.35
2010 18.65
2011 17.99
2012 16.76
2013 15.47
2014 16.38
2015 16.80
2016 16.11
2017 15.49
2018 17.58
2019 23.83
2020 27.01

Development Relevance: The relative importance of intraregional trade is higher for both landlocked countries and small countries with close trade links to the largest regional economy. For most low- and middle-income economies - especially smaller ones - there is a "geographic bias" favoring intraregional trade. Despite the broad trend toward globalization and the reduction of trade barriers, the relative share of intraregional trade increased for most economies between 1999 and 2010. This is due partly to trade-related advantages, such as proximity, lower transport costs, increased knowledge from repeated interaction, and cultural and historical affinity. The direction of trade is also influenced by preferential trade agreements that a country has made with other economies. Though formal agreements on trade liberalization do not automatically increase trade, they nevertheless affect the direction of trade between the participating 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