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
83.72249966 1973
95.382204 1974
91.71485214 1975
91.42543344 1976
85.93547458 1977
87.23317153 1978
77.20001844 1979
75.0600458 1980
81.33147114 1981
81.06157113 1982
84.56050684 1983
94.44225018 1984
93.67505721 1985
93.99947032 1986
85.37534817 1987
88.54520567 1988
89.7834736 1989
87.11721885 1990
88.70142732 1991
81.09833036 1992
81.94768471 1993
76.96233592 1994
80.42592693 1995
70.94613976 1996
76.72560813 1997
79.08032129 1998
86.26113602 1999
88.24808341 2000
82.50384788 2001
80.18798507 2002
79.89481247 2003
77.23537232 2004
71.36739484 2005
64.51047544 2006
73.42515805 2007
66.09389418 2008
44.4240538 2009
66.21837266 2010
59.2181932 2011
64.23330037 2012
77.78598869 2013
76.46244527 2014
69.05046224 2015
71.20786368 2016
68.31032034 2017
70.99701837 2018
69.39758105 2019
69.43188726 2020
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