Manufactures imports (% of merchandise imports)

This indicator provides a critical measure of the composition of a nation's merchandise imports, specifically focusing on manufactured goods. It encompasses a broad array of commodities outlined in the Standard International Trade Classification (SITC), including chemicals, basic manufactured items, machinery and transport equipment, as well as miscellaneous manufactured products. Notably, this measure excludes nonferrous metals, offering a clearer view of how much of a country's imported goods are derived from the manufacturing sector. Understanding this percentage aids policymakers and economists in assessing industry dependency on foreign production, evaluating trade balance, and identifying opportunities for domestic manufacturing enhancements. Moreover, tracking trends over time can reveal shifts in global supply chains and economic resilience. Source: