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