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

This indicator measures the proportion of merchandise imports sourced from low- and middle-income economies within the same geographic region, reflecting the interconnectedness and economic relationships among countries classified by the World Bank. By capturing the sum of imports received by a specific economy from its regional counterparts, it provides insights into trade patterns and dependencies that may exist in emerging markets. The percentage is derived only when sufficient data is available from at least half of the relevant economies, ensuring a more accurate representation of trade flows. This metric excludes high-income economies, allowing for a focused analysis on the dynamics of lower-income regions and their potential for economic collaboration and growth within their markets. Source: