Early-demographic dividend | 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
Early-demographic dividend
Records
63
Source
Early-demographic dividend | Merchandise exports to high-income economies (% of total merchandise exports)
1960 75.02007967
1961 75.70910578
1962 75.90186673
1963 76.95326699
1964 74.4694457
1965 73.91859868
1966 76.46565625
1967 78.43691249
1968 77.36002995
1969 77.96472821
1970 77.4484904
1971 78.71434356
1972 77.64620481
1973 78.88394622
1974 79.34864464
1975 78.07853808
1976 80.14551084
1977 80.28835024
1978 81.5459047
1979 82.80089026
1980 82.26511676
1981 79.70082684
1982 79.23147552
1983 78.58814089
1984 78.69939401
1985 78.82123272
1986 79.67285911
1987 80.36913375
1988 77.2106833
1989 79.69398501
1990 78.21237163
1991 80.8382558
1992 80.20180448
1993 79.41369597
1994 78.14929921
1995 76.31746432
1996 75.32266918
1997 77.57381267
1998 77.51939266
1999 79.64501071
2000 76.4284629
2001 74.60529606
2002 74.61065448
2003 73.36111631
2004 72.26086319
2005 71.24761294
2006 70.71626999
2007 68.90230862
2008 67.30768263
2009 66.6577583
2010 66.02492203
2011 64.43248912
2012 63.86390275
2013 63.31990609
2014 63.81510839
2015 65.7428908
2016 66.65421732
2017 65.53456788
2018 64.7595527
2019 63.99707391
2020 64.2881719
2021
2022
Early-demographic dividend | 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
Early-demographic dividend
Records
63
Source