Europe & Central Asia | 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
Europe & Central Asia
Records
63
Source
Europe & Central Asia | Merchandise exports to high-income economies (% of total merchandise exports)
67.90945689 1960
69.44383008 1961
71.95682701 1962
72.61018351 1963
72.89320027 1964
73.08533697 1965
73.2107345 1966
73.2415676 1967
73.2606082 1968
73.54869262 1969
72.89530481 1970
73.05019998 1971
73.72498481 1972
73.81855933 1973
71.88024962 1974
68.39927268 1975
70.24529876 1976
70.17587698 1977
70.59805481 1978
72.81679009 1979
71.75357865 1980
70.378765 1981
72.02806089 1982
73.4978165 1983
75.01943358 1984
75.70640396 1985
77.39143176 1986
79.10603351 1987
79.43560949 1988
80.00618467 1989
80.44614446 1990
81.03854388 1991
80.74226031 1992
80.0815091 1993
80.05281462 1994
79.95759757 1995
79.79477283 1996
80.41796288 1997
81.95719844 1998
88.05227664 1999
87.36565205 2000
87.20317595 2001
86.86212537 2002
86.46479249 2003
85.76324025 2004
84.72791465 2005
84.1064834 2006
82.94462095 2007
81.67392205 2008
81.16474822 2009
80.31199765 2010
79.00366278 2011
78.12480307 2012
78.28404895 2013
79.22570809 2014
80.48554097 2015
80.96037103 2016
80.07728648 2017
80.18740822 2018
80.13713013 2019
80.49184924 2020
2021
2022
Europe & Central Asia | 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
Europe & Central Asia
Records
63
Source