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