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