Kuwait - 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 Kuwait was 37.62 as of 2020. Its highest value over the past 57 years was 37.82 in 2019, while its lowest value was 6.07 in 1991.

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
1963 11.95
1964 16.09
1966 18.05
1967 17.13
1968 22.66
1969 21.51
1970 21.05
1971 20.86
1972 21.62
1973 20.22
1974 18.12
1975 12.39
1976 12.07
1977 12.05
1978 12.36
1979 12.21
1980 10.61
1981 10.43
1982 9.76
1983 10.85
1984 11.45
1985 12.21
1986 12.83
1987 16.39
1988 18.62
1989 19.67
1990 11.41
1991 6.07
1992 10.58
1993 11.66
1994 18.01
1995 17.25
1996 18.17
1997 18.41
1998 19.43
1999 20.61
2000 21.99
2001 22.64
2002 23.58
2003 23.68
2004 29.36
2005 29.15
2006 28.58
2007 29.48
2008 33.11
2009 31.93
2010 31.78
2011 32.23
2012 31.45
2013 31.35
2014 32.63
2015 36.41
2016 34.64
2017 35.04
2018 34.95
2019 37.82
2020 37.62

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