United Kingdom - 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 United Kingdom was 27.41 as of 2020. Its highest value over the past 60 years was 27.41 in 2020, while its lowest value was 6.78 in 1988.

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 22.08
1961 22.43
1962 22.54
1963 22.60
1964 22.67
1965 22.71
1966 21.83
1967 20.91
1968 20.02
1969 20.16
1970 18.33
1971 16.62
1972 15.72
1973 15.65
1974 16.36
1975 15.58
1976 16.25
1977 15.35
1978 12.82
1979 10.58
1980 10.47
1981 9.22
1982 10.11
1983 8.65
1984 9.15
1985 9.31
1986 7.81
1987 7.20
1988 6.78
1989 6.86
1990 7.43
1991 7.63
1992 7.92
1993 9.45
1994 9.41
1995 9.68
1996 10.69
1997 10.56
1998 10.73
1999 10.99
2000 14.16
2001 15.10
2002 15.67
2003 16.48
2004 17.50
2005 17.50
2006 17.81
2007 19.38
2008 20.10
2009 20.66
2010 21.51
2011 22.00
2012 22.53
2013 22.54
2014 22.27
2015 22.45
2016 21.61
2017 21.70
2018 22.47
2019 22.66
2020 27.41

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