Greenland | 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
Greenland
Records
63
Source
Greenland | Merchandise exports to high-income economies (% of total merchandise exports)
1960
1961
1962
1963
100 1964
100 1965
100 1966
100 1967
100 1968
100 1969
100 1970
100 1971
99.52026317 1972
100 1973
99.04193841 1974
96.77585438 1975
98.69569264 1976
100 1977
99.01958885 1978
93.79059084 1979
96.31251092 1980
98.9426411 1981
97.74493408 1982
98.50687736 1983
89.93366308 1984
94.15690827 1985
97.9956215 1986
97.84459996 1987
96.54385894 1988
97.6478199 1989
98.53182369 1990
98.38307398 1991
97.29046644 1992
97.790494 1993
98.40740519 1994
99.20666585 1995
97.79342665 1996
98.76388645 1997
96.18448795 1998
95.80736059 1999
97.84869805 2000
97.38241631 2001
99.56028087 2002
96.25885741 2003
98.95014785 2004
98.58854099 2005
99.43902429 2006
99.20408908 2007
97.77209025 2008
99.66970616 2009
99.44750348 2010
98.34292008 2011
98.01198734 2012
94.10164054 2013
98.63938065 2014
98.42544903 2015
98.73156336 2016
96.5057056 2017
95.72707584 2018
96.79568772 2019
97.41988757 2020
2021
2022

Greenland | 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
Greenland
Records
63
Source