Portugal - 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 Portugal was 16.89 as of 2020. Its highest value over the past 60 years was 26.58 in 1965, while its lowest value was 9.82 in 1999.

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 23.62
1961 22.50
1962 22.86
1963 26.50
1964 25.50
1965 26.58
1966 24.25
1967 25.40
1968 25.25
1969 23.76
1970 22.38
1971 21.16
1972 21.19
1973 18.87
1974 25.00
1975 22.93
1976 19.28
1977 18.71
1978 16.40
1979 18.54
1980 19.36
1981 16.67
1982 15.51
1983 19.13
1984 20.85
1985 22.61
1986 15.01
1987 12.74
1988 12.83
1989 12.77
1990 13.60
1991 11.91
1992 10.95
1993 12.01
1994 12.96
1995 12.38
1996 12.14
1997 11.73
1998 10.79
1999 9.82
2000 11.98
2001 11.52
2002 11.30
2003 12.01
2004 14.47
2005 15.01
2006 16.00
2007 16.75
2008 18.20
2009 14.74
2010 16.92
2011 19.50
2012 22.20
2013 22.45
2014 19.23
2015 17.46
2016 16.71
2017 17.10
2018 17.71
2019 17.59
2020 16.89

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