Hungary | 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
Hungary
Records
63
Source
Hungary | Merchandise exports to high-income economies (% of total merchandise exports)
1960 62.1066212
1961 62.69415932
1962
1963
1964
1965
1966
1967
1968 28.15425552
1969 30.00289678
1970 32.65404244
1971 32.56547619
1972 32.71951727
1973 34.13080577
1974 33.89126327
1975 26.94916042
1976 35.32450293
1977 34.74453632
1978 35.04318175
1979 37.65019757
1980 37.02419545
1981 32.40732258
1982 29.885723
1983 31.34178111
1984 34.33180692
1985 33.27691076
1986 35.22771944
1987 38.02525208
1988 43.1544671
1989 45.81064305
1990 56.47750103
1991 70.83015765
1992 71.23228934
1993 70.10363237
1994 81.70595791
1995 80.2369882
1996 81.47083161
1997 88.48745075
1998 91.31928435
1999 93.80167664
2000 93.25363187
2001 92.92856366
2002 92.60246565
2003 92.53848949
2004 91.48543865
2005 89.40686442
2006 87.15975059
2007 86.10116993
2008 85.5757736
2009 86.49079821
2010 85.03524542
2011 84.75792053
2012 84.02242305
2013 84.03173379
2014 85.53253878
2015 87.0979713
2016 87.21813617
2017 86.06115632
2018 86.54885329
2019 86.81155921
2020 86.69260481
2021
2022
Hungary | 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
Hungary
Records
63
Source