Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)

This metric quantifies the contribution of merchandise imports sourced from low- and middle-income economies beyond the reporting region, offering insight into a country's trading dynamics and economic diversification. By measuring these imports as a percentage of total merchandise imports, the indicator highlights the interconnectedness of global trade networks and the reliance on economically diverse markets. Calculated under the World Bank’s classifications, it ensures robust data integrity by only including partner country groups where at least half the economies report consistent transactional data. Understanding this indicator can help policymakers assess dependency on certain regions, identify emerging market opportunities, and inform strategies for enhancing trade relations with developing economies. Source: