IDA 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
IDA only
Records
63
Source
IDA only | Merchandise exports to high-income economies (% of total merchandise exports)
1960 70.87432559
1961 73.58412906
1962 70.96392565
1963 68.7189132
1964 71.01605792
1965 70.00408811
1966 72.42645793
1967 72.88284092
1968 71.42898302
1969 73.13267112
1970 70.7189807
1971 73.16489268
1972 68.19035362
1973 68.66611345
1974 67.98963843
1975 66.72759268
1976 74.33851634
1977 74.48141843
1978 71.4141189
1979 69.21730906
1980 67.93186872
1981 68.45081092
1982 71.11553901
1983 68.23222022
1984 68.71918703
1985 67.01089876
1986 66.25662458
1987 65.76541943
1988 66.59738797
1989 63.90813536
1990 65.75470186
1991 64.32508875
1992 66.07067
1993 64.17446167
1994 64.08117189
1995 63.16914884
1996 57.01018335
1997 60.63702225
1998 69.02797682
1999 66.8395843
2000 63.61037212
2001 64.80714006
2002 64.77406942
2003 63.24511889
2004 57.98235368
2005 54.61141035
2006 57.60206756
2007 58.57091902
2008 53.39456715
2009 52.44162988
2010 54.15547743
2011 54.54313112
2012 51.31486314
2013 50.23491703
2014 50.32259342
2015 52.70002434
2016 52.58525215
2017 52.82981053
2018 50.86171672
2019 53.41742539
2020 54.4045006
2021
2022
IDA 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
IDA only
Records
63
Source