Bahamas, The | 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
Commonwealth of The Bahamas
Records
63
Source
Bahamas, The | Merchandise exports to high-income economies (% of total merchandise exports)
1960
1961
1962 100
1963 98.95833333
1964 98.72611465
1965 97.2972973
1966 98.17351598
1967 96.04680582
1968 94.91425192
1969 95.51342219
1970 96.67781751
1971 98.38151159
1972 98.73583642
1973 97.66107262
1974 96.85378626
1975 91.70563682
1976 98.48776005
1977 96.02642507
1978 97.63095491
1979 95.97876692
1980 89.88123348
1981 96.1032288
1982 97.94179043
1983 97.41274829
1984 97.67407877
1985 96.31090297
1986 98.54867002
1987 98.01527535
1988 98.22246763
1989 97.87548281
1990 96.65286969
1991 96.98918395
1992 93.10779747
1993 89.00538673
1994 92.03658739
1995 85.40398546
1996 88.6405133
1997 96.4687007
1998 89.52699507
1999 90.66627934
2000 93.32952979
2001 97.16830047
2002 97.14497121
2003 97.60091985
2004 98.6737021
2005 97.53613132
2006 95.75861838
2007 89.67398409
2008 85.65629694
2009 86.63232666
2010 84.35189674
2011 92.7172004
2012 89.95420311
2013 32.39696454
2014 25.96674102
2015 64.1449037
2016 70.18216189
2017 68.52858113
2018 60.65718851
2019 73.7775296
2020 72.94966813
2021
2022
Bahamas, The | 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
Commonwealth of The Bahamas
Records
63
Source