Skip to main content
HomeGlossary › Merchandise imports from high-income economies (% of total merchandise imports)

Trade & Finance · Glossary

Merchandise imports from high-income economies (% of total merchandise imports)

TM.VAL.MRCH.HI.ZS

Definition

Merchandise imports from high-income economies are the sum of merchandise imports by the reporting economy from high-income economies 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.

Methodology for Trade & Finance indicators

Trade and finance indicators are sourced from customs declarations, balance-of-payments statistics, and central bank reporting. Exports and imports are usually reported FOB (free on board) for exports and CIF (cost, insurance, freight) for imports, which means global exports and global imports rarely sum to zero. Foreign direct investment data can be volatile year-over-year because of one-off cross-border acquisitions.

How to interpret

View country rankings → World Bank source →

Related indicators in Trade & Finance

← All glossary entries