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