Spain - 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 Spain was 28.63 as of 2020. Its highest value over the past 60 years was 36.49 in 1985, while its lowest value was 14.52 in 1965.

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 20.36
1961 18.11
1962 16.06
1963 16.83
1964 17.32
1965 14.52
1966 16.17
1967 15.42
1968 17.98
1969 19.09
1970 18.89
1971 20.68
1972 18.89
1973 18.11
1974 19.42
1975 20.99
1976 23.41
1977 28.26
1978 25.80
1979 24.30
1980 27.97
1981 27.88
1982 27.26
1983 32.98
1984 32.39
1985 36.49
1986 21.91
1987 17.83
1988 14.76
1989 15.22
1990 14.67
1991 15.26
1992 14.65
1993 15.80
1994 16.72
1995 16.30
1996 16.55
1997 17.40
1998 15.78
1999 15.85
2000 18.77
2001 18.53
2002 18.40
2003 18.58
2004 19.57
2005 22.70
2006 24.49
2007 24.94
2008 28.07
2009 25.51
2010 28.43
2011 30.27
2012 32.72
2013 32.20
2014 30.71
2015 28.09
2016 27.28
2017 28.86
2018 30.01
2019 29.50
2020 28.63

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