Late-demographic dividend | 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
Late-demographic dividend
Records
63
Source
Late-demographic dividend | Merchandise exports to high-income economies (% of total merchandise exports)
77.51926534 1960
77.06640661 1961
76.55213357 1962
76.64135065 1963
75.21959746 1964
74.05404873 1965
74.03961748 1966
75.30016214 1967
75.31833693 1968
75.08240082 1969
67.07805718 1970
65.90311043 1971
65.52055024 1972
68.98904816 1973
71.10755272 1974
67.6301899 1975
72.08594726 1976
70.44509233 1977
70.58412136 1978
71.88536165 1979
72.02203142 1980
71.15680262 1981
69.12158409 1982
70.71924844 1983
70.5506982 1984
70.54033353 1985
72.48287528 1986
74.25352552 1987
74.93121648 1988
76.48878006 1989
79.04752563 1990
80.90310129 1991
78.13652318 1992
79.08659315 1993
77.66850314 1994
75.53611332 1995
76.74639075 1996
76.99903339 1997
77.79165582 1998
79.84994675 1999
78.56145063 2000
79.21818928 2001
78.92092194 2002
78.10344508 2003
77.20311443 2004
75.95655096 2005
75.28271613 2006
73.0355552 2007
70.97917 2008
70.03603864 2009
68.85712543 2010
67.27376638 2011
67.39537654 2012
67.16516389 2013
67.2297341 2014
68.09517268 2015
67.73870146 2016
66.26366396 2017
65.76102398 2018
65.17100798 2019
65.66830918 2020
2021
2022
Late-demographic dividend | 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
Late-demographic dividend
Records
63
Source