Least developed countries: UN classification | 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
Least developed countries: UN classification
Records
63
Source
Least developed countries: UN classification | Merchandise exports to high-income economies (% of total merchandise exports)
68.29174007 1960
69.71529669 1961
67.76865226 1962
66.34848949 1963
69.42965009 1964
68.59487518 1965
71.97505458 1966
72.17492314 1967
69.89861864 1968
72.52030348 1969
70.11950656 1970
71.98508419 1971
67.93278792 1972
68.4391664 1973
69.53260819 1974
64.68017048 1975
73.75011105 1976
72.4905158 1977
65.95839079 1978
62.70322972 1979
59.07980837 1980
63.3750302 1981
69.38986856 1982
68.60073162 1983
69.58560879 1984
68.1946364 1985
67.76822605 1986
68.12645411 1987
70.25494045 1988
68.06489725 1989
71.6531066 1990
69.01034123 1991
69.79882866 1992
66.84736817 1993
66.14348905 1994
64.07082125 1995
64.27392962 1996
71.91035999 1997
75.21089572 1998
68.96627092 1999
61.41307525 2000
62.1015073 2001
59.8636601 2002
59.84587489 2003
56.69294174 2004
53.28571411 2005
56.13550754 2006
48.19212991 2007
46.63076497 2008
53.28791592 2009
52.24408291 2010
51.69098791 2011
43.95596605 2012
44.96457602 2013
45.15241071 2014
48.7839556 2015
47.71737917 2016
46.12910489 2017
44.92519073 2018
48.71504607 2019
51.18207046 2020
2021
2022
Least developed countries: UN classification | 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
Least developed countries: UN classification
Records
63
Source