Africa Western and Central | Merchandise exports to high-income economies (% of total merchandise exports)
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data. Development relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies. At the regional level most exports from low- and middle-income economies are to high-income economies, but the share of intraregional trade is increasing. Geographic patterns of trade vary widely by country and commodity. Larger shares of exports from oil- and resource-rich economies are to high-income economies. Limitations and exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.
Publisher
The World Bank
Origin
Africa Western and Central
Records
63
Source
Africa Western and Central | Merchandise exports to high-income economies (% of total merchandise exports)
87.62389458 1960
88.20934021 1961
86.78875996 1962
87.72900968 1963
86.61638498 1964
85.70380144 1965
86.38609847 1966
85.65252988 1967
83.27479974 1968
84.39994492 1969
83.64993206 1970
84.38252986 1971
84.34768317 1972
81.97930806 1973
83.34855044 1974
80.29599236 1975
77.45775268 1976
76.6723341 1977
83.72882209 1978
82.92354172 1979
77.28222795 1980
73.21073156 1981
80.17597325 1982
83.79981437 1983
82.07495108 1984
84.54625235 1985
80.45662584 1986
80.97956232 1987
80.8086607 1988
80.91708297 1989
82.10608699 1990
79.00837917 1991
79.11887404 1992
79.2030616 1993
76.46149808 1994
74.51199405 1995
74.51835106 1996
75.60271328 1997
72.47062916 1998
67.44093173 1999
71.61137876 2000
70.38227841 2001
67.4934198 2002
71.48000436 2003
65.13748734 2004
67.37385045 2005
66.17392446 2006
65.96253928 2007
62.3080876 2008
59.34250327 2009
58.59250874 2010
58.17310798 2011
57.19254763 2012
51.92172635 2013
45.99633835 2014
46.64509955 2015
47.33407067 2016
45.94235098 2017
42.84327285 2018
42.17547177 2019
44.05022826 2020
2021
2022
Africa Western and Central | Merchandise exports to high-income economies (% of total merchandise exports)
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data. Development relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies. At the regional level most exports from low- and middle-income economies are to high-income economies, but the share of intraregional trade is increasing. Geographic patterns of trade vary widely by country and commodity. Larger shares of exports from oil- and resource-rich economies are to high-income economies. Limitations and exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.
Publisher
The World Bank
Origin
Africa Western and Central
Records
63
Source