Benin | 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 Benin
Records
63
Source
Benin | Merchandise exports to high-income economies (% of total merchandise exports)
1960 80
1961 72.54901961
1962 82.35294118
1963 88.70967742
1964 93.12977099
1965 87.59124088
1966 78.45707331
1967 79.34991666
1968 80.30532988
1969 74.9263623
1970 79.21659975
1971 82.85578409
1972 81.92160088
1973 74.69986357
1974 57.68609128
1975 54.28805909
1976 75.36361957
1977 80.36473131
1978 78.75702892
1979 80.97818989
1980 80.33084431
1981 58.88238867
1982 70.32692788
1983 80.86000975
1984 89.46288264
1985 92.67368482
1986 86.00227694
1987 73.64627286
1988 64.95049646
1989 41.99787906
1990 47.94042285
1991 16.2855377
1992 33.74968138
1993 21.44833467
1994 32.48478824
1995 37.20633975
1996 35.72179182
1997 30.63028541
1998 27.5973209
1999 25.12856706
2000 23.4548333
2001 8.0764696
2002 17.71118531
2003 20.88692495
2004 16.18241916
2005 13.62182817
2006 13.33448307
2007 13.08197146
2008 8.89677822
2009 6.78610954
2010 10.68927274
2011 13.20497142
2012 8.57208476
2013 10.87431612
2014 16.92510068
2015 19.7655578
2016 13.37766051
2017 13.49660798
2018 13.41537217
2019 12.50638419
2020 22.71810999
2021
2022
Benin | 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 Benin
Records
63
Source