United Arab Emirates - Merchandise imports from high-income economies (% of total merchandise imports)

Merchandise imports from high-income economies (% of total merchandise imports) in United Arab Emirates was 45.05 as of 2020. Its highest value over the past 50 years was 88.15 in 1979, while its lowest value was 34.80 in 2014.

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
1970 79.45
1971 80.48
1972 82.21
1973 80.98
1974 76.24
1975 78.98
1976 85.46
1977 86.59
1978 86.79
1979 88.15
1980 83.97
1981 84.59
1982 83.63
1983 85.17
1984 85.50
1985 83.70
1986 82.30
1987 80.45
1988 75.58
1989 76.68
1990 73.29
1991 71.22
1992 73.65
1993 70.11
1994 72.91
1995 70.01
1996 69.44
1997 71.13
1998 72.99
1999 70.36
2000 73.02
2001 71.77
2002 72.64
2003 66.05
2004 46.10
2005 49.78
2006 49.31
2007 48.25
2008 50.26
2009 41.84
2010 35.80
2011 39.76
2012 46.49
2013 35.50
2014 34.80
2015 34.89
2016 36.18
2017 48.24
2018 49.29
2019 45.43
2020 45.05

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