Merchandise imports from low- and middle-income economies in Europe & in Australia
Australia: Merchandise imports from low- and middle-income economies in Europe & was 0.5% in 2023. ◆ Volatile
Merchandise imports from low- and middle-income economies in Europe & in Australia, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
In 2023, merchandise imports from low- and middle-income economies in europe & in Australia stood at 0.5%.
That represents a change of down 9.4% on the previous year and up 7.9% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in europe & in Australia peaked at 0.5% in 2020 and was at its lowest, 0.0%, in 1966.
Australia ranks 161st of 206 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports from low- and middle-income economies in Europe & in Australia, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 0.0% | — |
| 1961 | 0.0% | -22.1% |
| 1962 | 0.0% | -7.6% |
| 1963 | 0.0% | -35.3% |
| 1964 | 0.0% | +34.2% |
| 1965 | 0.0% | -33.8% |
| 1966 | 0.0% | -31.9% |
| 1967 | 0.0% | +62.4% |
| 1968 | 0.0% | +27.8% |
| 1969 | 0.0% | -27.8% |
| 1970 | 0.0% | +8.8% |
| 1971 | 0.0% | -4.2% |
| 1972 | 0.0% | +45.3% |
| 1973 | 0.0% | +39.7% |
| 1974 | 0.0% | -45.5% |
| 1975 | 0.0% | +67.7% |
| 1976 | 0.0% | +4.5% |
| 1977 | 0.0% | -23.4% |
| 1978 | 0.0% | -11.6% |
| 1979 | 0.0% | -15.6% |
| 1980 | 0.0% | +0.4% |
| 1981 | 0.0% | +16.2% |
| 1982 | 0.0% | -26.3% |
| 1983 | 0.0% | +25.3% |
| 1984 | 0.0% | +42.1% |
| 1985 | 0.0% | +2.3% |
| 1986 | 0.0% | +24.5% |
| 1987 | 0.1% | +63.5% |
| 1988 | 0.1% | +9.4% |
| 1989 | 0.1% | +35.2% |
| 1990 | 0.1% | -31.3% |
| 1991 | 0.1% | +9.2% |
| 1992 | 0.1% | +7.6% |
| 1993 | 0.1% | -15.7% |
| 1994 | 0.1% | +103.9% |
| 1995 | 0.1% | -30.7% |
| 1996 | 0.1% | +5.3% |
| 1997 | 0.1% | +19.4% |
| 1998 | 0.1% | -0.0% |
| 1999 | 0.1% | +8.4% |
| 2000 | 0.1% | +3.8% |
| 2001 | 0.2% | +15.4% |
| 2002 | 0.2% | +8.3% |
| 2003 | 0.2% | +19.3% |
| 2004 | 0.3% | +19.3% |
| 2005 | 0.3% | +3.0% |
| 2006 | 0.3% | +6.5% |
| 2007 | 0.2% | -11.4% |
| 2008 | 0.3% | +22.6% |
| 2009 | 0.4% | +21.5% |
| 2010 | 0.3% | -3.7% |
| 2011 | 0.3% | -18.6% |
| 2012 | 0.3% | +5.2% |
| 2013 | 0.4% | +44.7% |
| 2014 | 0.4% | -13.3% |
| 2015 | 0.3% | -7.2% |
| 2016 | 0.4% | +26.9% |
| 2017 | 0.4% | -18.5% |
| 2018 | 0.4% | +19.5% |
| 2019 | 0.4% | +0.1% |
| 2020 | 0.5% | +27.5% |
| 2021 | 0.5% | -6.4% |
| 2022 | 0.5% | +0.3% |
| 2023 | 0.5% | -9.4% |
Australia compared with similar countries
- Australia's 0.5% is below the median for high income countries, which is 1.4%, 32% of the median. (74 countries reporting)
- Australia's 0.5% is above the median for East Asia & Pacific, which is 0.2%, 2.1× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0% | 0.0% | 0.0% | 10 |
| 1970s | 0.0% | 0.0% | 0.0% | 10 |
| 1980s | 0.0% | 0.0% | 0.1% | 10 |
| 1990s | 0.1% | 0.1% | 0.1% | 10 |
| 2000s | 0.2% | 0.1% | 0.4% | 10 |
| 2010s | 0.4% | 0.3% | 0.4% | 10 |
| 2020s | 0.5% | 0.5% | 0.5% | 4 |
Countries ranked near Australia
More private sector data for Australia
- Merchandise trade 36.0% (2025)
- Food imports 6.5% (2025)
- Manufactures imports 74.3% (2025)
- Merchandise imports 310.63 billion current US$ (2025)
- Food exports 13.7% (2025)
- Manufactures exports 9.8% (2025)
- Merchandise exports 337.58 billion current US$ (2025)
- Merchandise exports (current US$), per capita 12,225 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1877 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -0.9521 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports from low- and middle-income economies in europe & in Australia?
- Merchandise imports from low- and middle-income economies in europe & in Australia was 0.5% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in europe & recorded in Australia?
- The highest recorded value was 0.5% in 2020.
- What is the lowest merchandise imports from low- and middle-income economies in europe & recorded in Australia?
- The lowest recorded value was 0.0% in 1966.
- How does Australia rank for merchandise imports from low- and middle-income economies in europe &?
- Australia ranks 161st out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in europe & rising or falling in Australia?
- Over the last ten years it is up 7.9%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports). Statizoid updates them automatically from the source API.
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About this data
Merchandise imports from low- and middle-income economies in Europe and Central Asia are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the Europe and Central Asia region 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.