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