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