Latin America & the Caribbean (IDA & IBRD countries) | 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 & the Caribbean (IDA & IBRD countries)
Records
63
Source
Latin America & the Caribbean (IDA & IBRD countries) | Merchandise exports to high-income economies (% of total merchandise exports)
year value
1960 79.9956587
1961 80.07921421
1962 79.89540501
1963 80.83237508
1964 79.28134748
1965 78.36536299
1966 78.69730725
1967 79.16304792
1968 78.32494742
1969 78.61277908
1970 78.18341328
1971 78.84518268
1972 75.99165538
1973 75.42203586
1974 72.98749726
1975 69.4617108
1976 71.66982719
1977 72.37885403
1978 72.52156314
1979 71.53097232
1980 69.76894368
1981 68.03395176
1982 71.35275555
1983 74.416888
1984 74.06010102
1985 75.43052153
1986 75.77266384
1987 76.86275198
1988 74.86530354
1989 76.62139642
1990 76.55623049
1991 78.20075196
1992 75.72592561
1993 76.21317837
1994 73.86616666
1995 73.53707975
1996 72.67602892
1997 73.54963879
1998 74.24747476
1999 78.57452391
2000 78.84403466
2001 77.71787304
2002 78.49711447
2003 77.26271203
2004 74.65231382
2005 73.60213581
2006 73.24654058
2007 71.34553599
2008 68.98025365
2009 68.01507393
2010 66.83261637
2011 66.62717051
2012 65.86324353
2013 65.52400948
2014 66.68600152
2015 68.59898421
2016 68.9164471
2017 67.40264225
2018 67.00139203
2019 68.51596531
2020 67.33904876
2021
2022

Latin America & the Caribbean (IDA & IBRD countries) | 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 & the Caribbean (IDA & IBRD countries)
Records
63
Source