Mali - Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)

Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) in Mali was 44.14 as of 2020. Its highest value over the past 57 years was 92.81 in 2000, while its lowest value was 6.32 in 1965.

Definition: Merchandise imports from low- and middle-income economies within region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in the same World Bank region according to the World Bank classification of economies. Data are 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. No figures are shown for high-income economies, because they are a separate category in the World Bank classification of economies.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1963 14.08
1964 11.29
1965 6.32
1966 14.67
1967 14.23
1968 18.89
1969 17.96
1970 17.40
1971 18.81
1972 20.35
1973 15.41
1974 15.59
1975 24.64
1976 24.20
1977 27.32
1978 27.10
1979 19.01
1980 39.52
1981 36.67
1982 40.20
1983 34.23
1984 31.63
1985 14.04
1986 20.28
1987 28.15
1988 22.14
1989 20.96
1990 28.49
1991 27.40
1992 24.55
1993 21.31
1994 23.94
1995 23.08
1996 25.12
1997 25.39
1998 24.69
1999 23.75
2000 92.81
2001 39.56
2002 40.92
2003 40.89
2004 45.16
2005 48.22
2006 45.05
2007 50.00
2008 48.48
2009 45.06
2010 42.34
2011 46.87
2012 49.45
2013 46.37
2014 46.83
2015 40.46
2016 39.00
2017 40.25
2018 40.34
2019 42.54
2020 44.14

Development Relevance: The relative importance of intraregional trade is higher for both landlocked countries and small countries with close trade links to the largest regional economy. For most low- and middle-income economies - especially smaller ones - there is a "geographic bias" favoring intraregional trade. Despite the broad trend toward globalization and the reduction of trade barriers, the relative share of intraregional trade increased for most economies between 1999 and 2010. This is due partly to trade-related advantages, such as proximity, lower transport costs, increased knowledge from repeated interaction, and cultural and historical affinity. The direction of trade is also influenced by preferential trade agreements that a country has made with other economies. Though formal agreements on trade liberalization do not automatically increase trade, they nevertheless affect the direction of trade between the participating 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