IDA 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 total
Records
63
Source
IDA total | Merchandise exports to high-income economies (% of total merchandise exports)
1960 73.29412892
1961 74.71140673
1962 73.35811983
1963 72.16821539
1964 70.91458091
1965 70.44513327
1966 73.18752115
1967 74.74032971
1968 72.13297207
1969 73.97615661
1970 72.70052371
1971 75.55390109
1972 73.59459465
1973 73.56371452
1974 74.64642346
1975 72.87068299
1976 74.1271645
1977 74.3903891
1978 78.00778983
1979 76.60615369
1980 68.83690981
1981 69.25171066
1982 75.18236496
1983 74.98670024
1984 75.52881241
1985 77.70156078
1986 73.6356766
1987 74.42844115
1988 74.96683839
1989 73.06656883
1990 74.60309649
1991 72.80261347
1992 74.37096484
1993 72.43365275
1994 70.63167551
1995 67.87836251
1996 65.01595551
1997 67.10199967
1998 69.61438369
1999 67.27513087
2000 64.67283898
2001 64.60257085
2002 64.56254313
2003 63.95635193
2004 59.87227071
2005 58.96973431
2006 59.78624583
2007 58.85144484
2008 55.31415518
2009 53.48820365
2010 54.02655001
2011 53.88290099
2012 51.48479104
2013 48.74370536
2014 46.93038461
2015 48.82526284
2016 49.46297556
2017 49.73355175
2018 47.38596313
2019 48.61697951
2020 50.12036485
2021
2022
IDA 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 total
Records
63
Source