Heavily indebted poor countries (HIPC) | 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
Heavily indebted poor countries (HIPC)
Records
63
Source
Heavily indebted poor countries (HIPC) | Merchandise exports to high-income economies (% of total merchandise exports)
year value
1960 80.12978516
1961 81.0525098
1962 78.45658469
1963 75.24632769
1964 77.25651704
1965 76.02443264
1966 76.47979866
1967 76.67449813
1968 74.41411727
1969 75.84785972
1970 73.14651169
1971 75.75941878
1972 70.96466761
1973 70.91020744
1974 70.91979883
1975 69.46840831
1976 76.92055185
1977 77.22168177
1978 73.76119264
1979 70.59949001
1980 68.91395343
1981 69.10146931
1982 73.96427776
1983 70.23790965
1984 71.28616388
1985 69.90021644
1986 69.02326044
1987 66.6508848
1988 70.27929747
1989 67.02634981
1990 69.02407751
1991 66.32335082
1992 66.69948899
1993 65.3866467
1994 63.59181425
1995 65.45169269
1996 64.47335412
1997 71.60461867
1998 71.49553135
1999 71.65464581
2000 55.12735963
2001 55.44798983
2002 54.79504209
2003 55.62479478
2004 51.4627141
2005 50.53865122
2006 56.95855439
2007 57.34501576
2008 55.97526789
2009 56.3539426
2010 56.354076
2011 53.08906427
2012 51.26969436
2013 47.0789319
2014 48.27837627
2015 49.33104045
2016 49.74156156
2017 49.20896203
2018 43.95704702
2019 47.76117733
2020 49.41649609
2021
2022

Heavily indebted poor countries (HIPC) | 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
Heavily indebted poor countries (HIPC)
Records
63
Source