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

Merchandise imports from high-income economies (% of total merchandise imports) in New Zealand was 60.81 as of 2020. Its highest value over the past 60 years was 92.77 in 1987, while its lowest value was 60.81 in 2020.

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
1960 87.58
1961 90.61
1962 87.88
1963 89.49
1964 88.63
1965 89.36
1966 88.11
1967 88.89
1968 87.80
1969 90.16
1970 91.17
1971 91.61
1972 91.56
1973 92.64
1974 90.91
1975 88.28
1976 88.37
1977 89.15
1978 90.09
1979 90.00
1980 91.39
1981 90.75
1982 89.87
1983 88.58
1984 89.87
1985 91.28
1986 91.76
1987 92.77
1988 91.94
1989 92.04
1990 91.97
1991 91.46
1992 90.11
1993 89.42
1994 88.81
1995 87.91
1996 87.79
1997 87.50
1998 85.04
1999 85.21
2000 83.38
2001 81.87
2002 79.61
2003 80.67
2004 79.68
2005 76.92
2006 75.16
2007 73.54
2008 71.28
2009 71.58
2010 69.82
2011 69.29
2012 68.72
2013 66.00
2014 66.44
2015 63.78
2016 64.32
2017 64.24
2018 63.90
2019 62.79
2020 60.81

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