Austria | 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
Republic of Austria
Records
63
Source
Austria | Merchandise exports to high-income economies (% of total merchandise exports)
1960 75.84234516
1961 77.06666667
1962 79.04542932
1963 79.39196854
1964 80.20015289
1965 79.05490098
1966 79.27017711
1967 78.5169632
1968 79.11955375
1969 81.03155189
1970 80.90424038
1971 81.416153
1972 82.73797233
1973 82.36074271
1974 77.69047952
1975 75.25088509
1976 76.65442907
1977 78.20715546
1978 79.40472286
1979 78.47806694
1980 78.53187814
1981 76.44119932
1982 76.28505271
1983 76.57181018
1984 77.16687529
1985 78.3825663
1986 81.82093258
1987 83.54283611
1988 83.32595396
1989 84.2533797
1990 84.96348109
1991 85.74284671
1992 85.6138226
1993 91.11743196
1994 90.33423403
1995 90.62271944
1996 90.00540153
1997 89.82091133
1998 91.81084497
1999 92.86137094
2000 92.61206261
2001 91.63421455
2002 91.39388675
2003 91.20034985
2004 90.53113294
2005 89.20195157
2006 89.1262428
2007 88.09048036
2008 86.88175264
2009 86.73258938
2010 86.54685602
2011 86.52110458
2012 85.87867954
2013 86.05081458
2014 86.55498006
2015 87.6660809
2016 88.13045791
2017 87.84245569
2018 87.84431504
2019 87.43708003
2020 88.16957694
2021
2022
Austria | 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
Republic of Austria
Records
63
Source