Central Europe and the Baltics - Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)

Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) in Central Europe and the Baltics was 19.83 as of 2020. Its highest value over the past 60 years was 21.72 in 2011, while its lowest value was 7.34 in 1964.

Definition: Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions 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 10.06
1961 10.35
1962 8.36
1963 9.08
1964 7.34
1965 9.11
1966 8.84
1967 8.03
1968 9.07
1969 9.41
1970 7.98
1971 7.63
1972 7.63
1973 7.36
1974 8.90
1975 9.21
1976 10.70
1977 10.71
1978 12.42
1979 15.84
1980 18.97
1981 15.44
1982 18.84
1983 18.92
1984 19.05
1985 18.04
1986 13.64
1987 15.12
1988 15.89
1989 14.50
1990 14.84
1991 9.73
1992 15.13
1993 15.03
1994 18.24
1995 17.81
1996 17.39
1997 16.60
1998 14.37
1999 14.32
2000 17.31
2001 17.87
2002 18.31
2003 18.96
2004 17.03
2005 18.46
2006 19.34
2007 18.37
2008 20.39
2009 19.09
2010 20.84
2011 21.72
2012 21.70
2013 20.58
2014 19.50
2015 18.44
2016 17.35
2017 18.22
2018 19.63
2019 19.71
2020 19.83

Development Relevance: Although global integration has increased, low- and middle-income economies still face trade barriers when accessing other markets.

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