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