Other small states - 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 Other small states was 25.10 as of 2020. Its highest value over the past 60 years was 25.94 in 2018, while its lowest value was 6.77 in 1961.

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 8.92
1961 6.77
1962 8.46
1963 7.50
1964 6.88
1965 8.97
1966 8.31
1967 9.45
1968 8.87
1969 10.40
1970 8.60
1971 7.96
1972 9.31
1973 10.25
1974 9.90
1975 9.37
1976 8.80
1977 8.43
1978 8.38
1979 8.42
1980 7.96
1981 7.46
1982 7.23
1983 7.34
1984 7.36
1985 6.96
1986 8.24
1987 8.39
1988 8.94
1989 9.50
1990 9.72
1991 10.04
1992 11.67
1993 13.94
1994 15.76
1995 15.95
1996 14.98
1997 15.61
1998 15.33
1999 16.24
2000 13.80
2001 15.23
2002 14.66
2003 15.33
2004 12.56
2005 13.76
2006 15.19
2007 15.29
2008 18.07
2009 17.89
2010 20.63
2011 20.05
2012 19.94
2013 18.50
2014 19.90
2015 22.04
2016 20.43
2017 23.92
2018 25.94
2019 24.65
2020 25.10

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