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

Merchandise imports from high-income economies (% of total merchandise imports) in United States was 50.23 as of 2020. Its highest value over the past 60 years was 79.72 in 1986, while its lowest value was 48.45 in 2017.

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 60.78
1961 61.91
1962 63.86
1963 64.82
1964 65.68
1965 68.55
1966 70.83
1967 72.74
1968 75.17
1969 77.10
1970 77.42
1971 78.69
1972 79.08
1973 76.38
1974 67.67
1975 67.68
1976 68.49
1977 66.86
1978 69.34
1979 66.35
1980 65.75
1981 69.23
1982 71.67
1983 72.14
1984 74.75
1985 76.97
1986 79.72
1987 78.69
1988 78.45
1989 76.16
1990 74.44
1991 74.34
1992 72.67
1993 71.52
1994 70.33
1995 69.12
1996 67.24
1997 66.62
1998 66.11
1999 65.59
2000 63.99
2001 63.33
2002 61.64
2003 60.04
2004 58.08
2005 55.93
2006 53.95
2007 53.21
2008 51.98
2009 50.04
2010 48.71
2011 49.29
2012 50.02
2013 50.31
2014 50.67
2015 49.68
2016 49.27
2017 48.45
2018 48.73
2019 50.68
2020 50.23

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