Colombia | 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 Colombia
Records
63
Source
Colombia | Merchandise exports to high-income economies (% of total merchandise exports)
95.03652772 1960
95.656171 1961
94.44564047 1962
94.72153881 1963
93.32603939 1964
91.30273183 1965
88.72684273 1966
89.78231026 1967
85.94017094 1968
82.89313754 1969
80.90630875 1970
82.24071591 1971
83.42652546 1972
84.46914953 1973
80.33212689 1974
78.69544175 1975
79.59915745 1976
79.60374066 1977
81.20418607 1978
78.84324419 1979
80.78953042 1980
75.5352158 1981
77.34831272 1982
80.73481474 1983
81.65109687 1984
81.82422292 1985
85.24325679 1986
81.83984045 1987
83.66604032 1988
87.04110702 1989
86.04598112 1990
78.67616632 1991
74.32825428 1992
73.33278921 1993
74.70072127 1994
69.90169289 1995
71.3870154 1996
72.19088001 1997
70.81979172 1998
75.70747465 1999
73.8141821 2000
68.28707488 2001
70.11668176 2002
72.55431537 2003
66.77433766 2004
67.0652275 2005
67.76321495 2006
61.89828438 2007
64.32649466 2008
66.34968187 2009
70.42010017 2010
74.68168039 2011
70.45308145 2012
64.41854586 2013
61.5483243 2014
65.323334 2015
64.43332523 2016
64.0329674 2017
61.6006717 2018
59.59451261 2019
59.98843236 2020
2021
2022
Colombia | 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 Colombia
Records
63
Source