Cabo Verde | 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
Cabo Verde
Records
63
Source
Cabo Verde | Merchandise exports to high-income economies (% of total merchandise exports)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
81.25 1970
75 1971
83.33333333 1972
89.47368421 1973
94.73684211 1974
95.65217391 1975
73.33333333 1976
55.55555556 1977
70 1978
62.5 1979
81.57894737 1980
82.75862069 1981
75.67567568 1982
58.06451613 1983
46.15384615 1984
26.53061224 1985
59.7118348 1986
59.27919288 1987
48.05979194 1988
40.67603494 1989
93.10575237 1990
82.17419651 1991
85.27594592 1992
68.32919121 1993
76.47749575 1994
88.12854046 1995
87.1061745 1996
99.30739647 1997
99.82102626 1998
99.75458091 1999
76.59585989 2000
97.50578072 2001
93.0510192 2002
98.41278262 2003
97.64918766 2004
86.84250694 2005
80.25877514 2006
83.95582922 2007
82.70556576 2008
97.32720976 2009
94.88116734 2010
94.36835919 2011
72.35984996 2012
76.48703402 2013
90.89282388 2014
98.95961842 2015
98.45278794 2016
95.07595324 2017
95.32778874 2018
95.74170256 2019
93.45772002 2020
2021
2022
Cabo Verde | 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
Cabo Verde
Records
63
Source