Latin America & Caribbean (excluding high income) | 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
Latin America & Caribbean (excluding high income)
Records
63
Source
Latin America & Caribbean (excluding high income) | Merchandise exports to high-income economies (% of total merchandise exports)
85.37321758 1960
85.55852163 1961
84.80287045 1962
84.69590566 1963
81.95136153 1964
80.21257597 1965
79.88460871 1966
81.33411699 1967
79.20330569 1968
79.64408766 1969
79.52406082 1970
78.82928845 1971
79.67107751 1972
75.88320061 1973
73.94516118 1974
69.79090314 1975
73.49388281 1976
74.09277655 1977
74.66628481 1978
73.82282441 1979
72.43863085 1980
69.23985308 1981
72.86038576 1982
74.62033282 1983
74.91267131 1984
74.44255776 1985
76.57468862 1986
77.06858937 1987
74.93591997 1988
76.82202689 1989
77.2945699 1990
79.63698339 1991
76.75217093 1992
77.4317667 1993
75.57166864 1994
75.2417028 1995
75.38538302 1996
76.06895884 1997
77.13646263 1998
81.16811934 1999
81.74845753 2000
80.49005843 2001
81.40138477 2002
79.90858894 2003
77.92923297 2004
76.3619045 2005
75.48605751 2006
73.48350382 2007
70.69097197 2008
70.00541473 2009
69.00083168 2010
68.41167792 2011
68.62842116 2012
68.36718504 2013
69.88360874 2014
71.53329438 2015
71.66888603 2016
70.06947633 2017
69.88044281 2018
71.08871536 2019
70.05571068 2020
2021
2022
Latin America & Caribbean (excluding high income) | 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
Latin America & Caribbean (excluding high income)
Records
63
Source