Grenada | 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
Grenada
Records
63
Source
Grenada | Merchandise exports to high-income economies (% of total merchandise exports)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973 83.72249966
1974 95.382204
1975 91.71485214
1976 91.42543344
1977 85.93547458
1978 87.23317153
1979 77.20001844
1980 75.0600458
1981 81.33147114
1982 81.06157113
1983 84.56050684
1984 94.44225018
1985 93.67505721
1986 93.99947032
1987 85.37534817
1988 88.54520567
1989 89.7834736
1990 87.11721885
1991 88.70142732
1992 81.09833036
1993 81.94768471
1994 76.96233592
1995 80.42592693
1996 70.94613976
1997 76.72560813
1998 79.08032129
1999 86.26113602
2000 88.24808341
2001 82.50384788
2002 80.18798507
2003 79.89481247
2004 77.23537232
2005 71.36739484
2006 64.51047544
2007 73.42515805
2008 66.09389418
2009 44.4240538
2010 66.21837266
2011 59.2181932
2012 64.23330037
2013 77.78598869
2014 76.46244527
2015 69.05046224
2016 71.20786368
2017 68.31032034
2018 70.99701837
2019 69.39758105
2020 69.43188726
2021
2022
Grenada | 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
Grenada
Records
63
Source