Data Dictionary: World Development Indicators 2015
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Data Source:Social Explorer; The World Bank
Table: T57. Merchandise Imports [6]
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Table Details
T57. Merchandise Imports
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Notes:
Merchandise trade data are from customs reports of goods moving into or out of an economy or from reports of financial transactions related to merchandise trade recorded in the balance of payments. Because of differences in timing and definitions, trade flow estimates from customs reports and balance of payments may differ. Several international agencies process trade data, each correcting unreported or misreported data, leading to other differences.
Relevant Documentation:
Excerpt from: Social Explorer; World Development Indicators 2013: Technical Documentation
 
Merchandise Imports (Current US$)
Merchandise imports show the Cost, Insurance and Freight value of goods received from the rest of the world valued in current U.S. dollars. Merchandise trade data are from customs reports of goods moving into or out of an economy or from reports of financial transactions related to merchandise trade recorded in the balance of payments. Because of differences in timing and definitions, trade flow estimates from customs reports and balance of payments may differ. Several international agencies process trade data, each correcting unreported or misreported data, leading to other differences. The data on total exports of goods (merchandise) are from the World Trade Organization (WTO), which obtains data from national statistical offices and the IMF's International Financial Statistics, supplemented by the Comtrade database and publications or databases of regional organizations, specialized agencies, economic groups, and private sources (such as Eurostat, the Food and Agriculture Organization, and country reports of the Economist Intelligence Unit). Country websites and email contact have improved collection of up-to-date statistics, reducing the proportion of estimates. The WTO database now covers most major traders in Africa, Asia, and Latin America, which together with high-income countries account for nearly 95 percent of world trade. Reliability of data for countries in Europe and Central Asia has also improved.
Excerpt from: Social Explorer; World Development Indicators 2013: Technical Documentation
 
Manufactures exports (% of merchandise exports)
Manufactures comprise commodities in SITC sections 5 (chemicals), 6 (basic manufactures), 7 (machinery and transport equipment), and 8 (miscellaneous manufactured goods), excluding division 68 (non-ferrous metals).
Excerpt from: Social Explorer; World Development Indicators 2013: Technical Documentation
 
Ores and metals Merchandise
Ores and metals comprise the commodities in SITC sections 27 (crude fertilizer, minerals nes); 28 (metalliferous ores, scrap); and 68 (non-ferrous metals).
Excerpt from: Social Explorer; World Development Indicators 2013: Technical Documentation
 
Fuel Merchandise
Fuels comprise SITC section 3 (mineral fuels).
Excerpt from: Social Explorer; World Development Indicators 2013: Technical Documentation
 
Agricultural Raw Materials Merchandise
Agricultural raw materials comprise SITC section 2 (crude materials except fuels) excluding divisions 22, 27 (crude fertilizers and minerals excluding coal, petroleum, and precious stones), and 28 (metalliferous ores and scrap).
Excerpt from: Social Explorer; World Development Indicators 2013: Technical Documentation
 
Food Merchandise
Food comprises the commodities in SITC sections 0 (food and live animals), 1 (beverages and tobacco), and 4 (animal and vegetable oils and fats) and SITC division 22 (oil seeds, oil nuts, and oil kernels).
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