The Bahamas - 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 The Bahamas was 13.35 as of 2020. Its highest value over the past 58 years was 60.24 in 1984, while its lowest value was 0.94 in 2006.

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
1962 1.75
1963 1.52
1964 2.68
1966 2.39
1967 2.46
1968 2.92
1969 2.49
1970 11.41
1971 45.45
1972 45.56
1973 56.06
1974 49.87
1975 47.33
1976 36.01
1977 49.39
1978 52.97
1979 45.64
1981 44.68
1982 27.36
1983 45.64
1984 60.24
1985 59.68
1986 49.38
1987 32.62
1988 24.43
1989 15.87
1990 7.60
1991 7.05
1992 11.67
1993 5.11
1994 8.99
1995 14.44
1996 12.40
1997 1.13
1998 6.35
1999 6.49
2000 1.89
2001 1.98
2002 2.85
2003 1.50
2004 2.42
2005 1.87
2006 0.94
2007 1.06
2008 4.04
2009 1.49
2010 1.15
2011 1.33
2012 3.30
2013 3.83
2014 3.82
2015 12.16
2016 3.82
2017 4.61
2018 7.80
2019 8.67
2020 13.35

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