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

Merchandise imports from high-income economies (% of total merchandise imports) in Upper middle income was 59.44 as of 2020. Its highest value over the past 60 years was 82.39 in 1991, while its lowest value was 59.44 in 2020.

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 79.12
1961 80.00
1962 78.73
1963 77.24
1964 75.56
1965 75.61
1966 77.29
1967 77.98
1968 77.77
1969 77.48
1970 77.85
1971 78.28
1972 77.92
1973 77.23
1974 77.52
1975 77.84
1976 75.63
1977 74.73
1978 75.11
1979 73.73
1980 73.06
1981 77.23
1982 75.11
1983 73.34
1984 72.41
1985 73.38
1986 76.40
1987 74.98
1988 76.12
1989 75.88
1990 79.09
1991 82.39
1992 80.67
1993 80.75
1994 79.36
1995 77.19
1996 76.42
1997 77.55
1998 78.52
1999 79.32
2000 76.66
2001 75.88
2002 74.70
2003 72.42
2004 70.44
2005 68.27
2006 66.58
2007 64.80
2008 63.05
2009 63.28
2010 62.17
2011 60.37
2012 60.20
2013 60.79
2014 60.83
2015 61.32
2016 61.74
2017 61.16
2018 60.43
2019 59.55
2020 59.44

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