IDA blend | 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
IDA blend
Records
63
Source
IDA blend | Merchandise exports to high-income economies (% of total merchandise exports)
77.91394336 1960
76.93829826 1961
77.89757412 1962
79.68622202 1963
70.71084403 1964
71.20648231 1965
74.8153312 1966
79.36600093 1967
73.88017165 1968
75.98554424 1969
77.00183041 1970
79.08063656 1971
82.87577365 1972
80.54049437 1973
80.55293914 1974
78.52028862 1975
73.95438159 1976
74.31249577 1977
84.10346497 1978
81.74077964 1979
70.94057671 1980
69.73805058 1981
78.05759689 1982
80.50222058 1983
80.97473305 1984
85.40541763 1985
82.32300309 1986
83.10459891 1987
82.57276126 1988
82.03624039 1989
83.77097626 1990
80.95211201 1991
80.94009331 1992
79.12405697 1993
76.02102806 1994
72.25426283 1995
72.45315478 1996
72.99982846 1997
70.20469009 1998
67.72467394 1999
66.07303632 2000
64.24252365 2001
64.15823488 2002
65.08168434 2003
62.46871358 2004
63.51320363 2005
61.97715477 2006
59.22226769 2007
57.73300316 2008
55.08621762 2009
53.85703746 2010
53.24653762 2011
51.63962629 2012
47.15042936 2013
43.21126303 2014
43.53110193 2015
44.51651236 2016
45.0068429 2017
42.55901425 2018
41.5845757 2019
42.07893371 2020
2021
2022
IDA blend | 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
IDA blend
Records
63
Source