Euro area | 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
Euro area
Records
63
Source
Euro area | Merchandise exports to high-income economies (% of total merchandise exports)
1960 66.52131101
1961 68.44215465
1962 70.98296457
1963 71.87847781
1964 72.18780832
1965 72.35948143
1966 72.07760045
1967 72.1138602
1968 72.88064179
1969 73.30746753
1970 73.69126897
1971 74.03946841
1972 74.87157895
1973 74.59671361
1974 71.94954533
1975 68.40938963
1976 70.16665632
1977 70.2333366
1978 70.95391694
1979 72.4754599
1980 71.25740208
1981 69.46090254
1982 71.3673664
1983 72.59180573
1984 74.39841028
1985 75.21446027
1986 77.4206658
1987 78.92843929
1988 79.38563283
1989 79.64174449
1990 79.28799725
1991 79.77505329
1992 79.99485273
1993 79.64935294
1994 80.50603599
1995 80.74814668
1996 80.51665334
1997 81.20706636
1998 82.64411729
1999 88.80544928
2000 88.4234957
2001 88.03501402
2002 87.80254803
2003 87.6568736
2004 86.78794747
2005 86.08379754
2006 85.5434368
2007 84.82550445
2008 83.62342962
2009 83.2050406
2010 82.38470632
2011 81.72483252
2012 80.68523191
2013 80.54008802
2014 81.3125255
2015 82.57703997
2016 82.93696746
2017 82.29027118
2018 82.47146782
2019 82.70250093
2020 83.01848458
2021
2022
Euro area | 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
Euro area
Records
63
Source