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

Merchandise imports from high-income economies (% of total merchandise imports) in Vanuatu was 68.41 as of 2020. Its highest value over the past 56 years was 98.44 in 1990, while its lowest value was 43.31 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
1964 95.38
1965 90.47
1966 91.29
1967 90.73
1968 89.10
1969 85.69
1970 87.54
1971 88.23
1972 96.34
1973 95.74
1974 94.03
1975 95.07
1980 89.70
1981 87.70
1982 87.99
1983 71.92
1984 86.96
1985 86.56
1986 89.62
1987 84.47
1988 88.66
1989 91.95
1990 98.44
1991 96.01
1992 86.35
1993 94.39
1994 89.99
1995 90.60
1996 90.47
1997 93.30
1998 91.24
1999 92.54
2000 87.63
2001 86.87
2002 88.70
2003 91.86
2004 87.35
2005 76.40
2006 77.05
2007 80.63
2008 80.88
2009 71.69
2010 73.06
2011 76.00
2012 79.26
2013 55.07
2014 66.97
2015 69.50
2016 67.23
2017 43.31
2018 67.35
2019 65.04
2020 68.41

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