Mozambique - 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 Mozambique was 25.64 as of 2020. Its highest value over the past 60 years was 62.54 in 1997, while its lowest value was 4.05 in 1982.

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
1960 14.69
1961 13.24
1962 14.85
1963 14.19
1964 16.84
1965 14.88
1966 15.88
1967 16.51
1968 14.29
1969 17.58
1970 17.97
1971 17.29
1972 17.09
1973 22.48
1974 22.08
1975 24.53
1977 19.92
1981 6.51
1982 4.05
1983 5.71
1984 4.70
1985 6.10
1986 11.03
1987 8.70
1988 7.91
1989 8.89
1990 11.12
1991 12.83
1992 36.46
1993 38.66
1994 39.15
1995 35.59
1996 40.75
1997 62.54
1998 43.53
1999 29.79
2000 51.71
2001 42.37
2002 31.66
2003 38.49
2004 44.77
2005 46.88
2006 39.40
2007 34.67
2008 31.22
2009 37.52
2010 37.60
2011 36.07
2012 33.67
2013 33.63
2014 34.92
2015 33.19
2016 32.51
2017 32.03
2018 29.05
2019 31.21
2020 25.64

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