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