IBRD only | 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
IBRD only
Records
63
Source
IBRD only | Merchandise exports to high-income economies (% of total merchandise exports)
1960 76.87513091
1961 76.79592308
1962 76.91848
1963 77.52519393
1964 75.20190809
1965 74.39502854
1966 75.9883655
1967 77.24211367
1968 76.77627155
1969 76.59571744
1970 72.34437454
1971 71.5721078
1972 70.09220108
1973 72.16879103
1974 73.78185358
1975 70.09122103
1976 73.13036018
1977 72.78191238
1978 72.93249306
1979 74.93166252
1980 74.65782237
1981 71.74462444
1982 73.29234777
1983 74.50184472
1984 74.4325975
1985 74.5095109
1986 74.56924587
1987 75.74983227
1988 74.78548329
1989 77.29379186
1990 78.66002474
1991 81.10196365
1992 78.51441752
1993 79.12550043
1994 77.19884889
1995 75.51682628
1996 75.37136568
1997 76.61479478
1998 76.91301589
1999 79.58663355
2000 79.3760364
2001 78.31940622
2002 77.73608495
2003 77.11277189
2004 76.37854223
2005 75.43522616
2006 74.83757994
2007 72.05436607
2008 70.39528849
2009 69.09052341
2010 68.27609646
2011 66.32211255
2012 66.42706464
2013 66.07299168
2014 66.34616983
2015 67.40657044
2016 67.30521615
2017 65.89554189
2018 65.59123734
2019 65.05199792
2020 65.44783628
2021
2022
IBRD only | 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
IBRD only
Records
63
Source