IDA & IBRD total | 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 & IBRD total
Records
63
Source
IDA & IBRD total | Merchandise exports to high-income economies (% of total merchandise exports)
year value
1960 76.27824519
1961 76.45643702
1962 76.31598518
1963 76.52178735
1964 74.32332345
1965 73.58929503
1966 75.41475745
1967 76.78654371
1968 75.9062761
1969 76.06365484
1970 72.41173889
1971 72.30917007
1972 70.77270474
1973 72.42904931
1974 73.94705198
1975 70.59349872
1976 73.31952154
1977 73.08237679
1978 73.71196717
1979 75.20257562
1980 74.1253858
1981 71.40191781
1982 73.52135862
1983 74.55619371
1984 74.55454564
1985 74.87874062
1986 74.46786044
1987 75.61342361
1988 74.80278366
1989 76.89637051
1990 78.23892999
1991 80.38019696
1992 78.16035754
1993 78.59405247
1994 76.72074816
1995 74.98942813
1996 74.58054909
1997 75.95341449
1998 76.45959898
1999 78.8121861
2000 78.17538406
2001 77.23642723
2002 76.68216508
2003 76.16808593
2004 75.27786567
2005 74.44842001
2006 73.97596556
2007 71.21823202
2008 69.44134503
2009 68.11588156
2010 67.40597236
2011 65.61523858
2012 65.67640276
2013 65.19933499
2014 65.36460388
2015 66.54113594
2016 66.50544994
2017 65.17659915
2018 64.74640149
2019 64.25639558
2020 64.72219035
2021
2022

IDA & IBRD total | 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 & IBRD total
Records
63
Source