East Asia & Pacific | 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
East Asia & Pacific
Records
63
Source
East Asia & Pacific | Merchandise exports to high-income economies (% of total merchandise exports)
71.40345902 1960
70.06803378 1961
71.23499095 1962
71.539107 1963
70.44027885 1964
70.04636017 1965
72.02844558 1966
71.95135196 1967
72.57586099 1968
73.17891334 1969
74.55438917 1970
74.03393595 1971
75.84952272 1972
75.64672793 1973
72.09505857 1974
69.38315127 1975
74.28808123 1976
74.55513031 1977
74.97822227 1978
76.11540866 1979
73.84122565 1980
73.85145106 1981
74.74785209 1982
76.49627228 1983
77.99573226 1984
76.9417319 1985
79.51340629 1986
80.41524352 1987
79.9216382 1988
79.60313918 1989
78.72412872 1990
78.3686048 1991
77.07862956 1992
74.84396807 1993
74.56764146 1994
73.35641774 1995
72.47322037 1996
73.52606553 1997
75.69815757 1998
76.19961518 1999
75.40643158 2000
74.17451064 2001
73.0139635 2002
71.0237768 2003
70.04112553 2004
69.16062319 2005
68.37670193 2006
66.54079938 2007
64.93962102 2008
63.55041253 2009
61.96430131 2010
60.93582024 2011
60.75937174 2012
59.96881357 2013
60.01827471 2014
60.232288 2015
60.26248352 2016
58.60384319 2017
58.48849689 2018
58.06997939 2019
59.1673447 2020
2021
2022
East Asia & Pacific | 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
East Asia & Pacific
Records
63
Source