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