Liberia | 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
Republic of Liberia
Records
63
Source
Liberia | Merchandise exports to high-income economies (% of total merchandise exports)
1960
1961 95.47657512
1962
1963
1964
1965
1966 91.93168901
1967 87.13037836
1968 77.32214974
1969 81.84203294
1970 85.80649539
1971 86.71079368
1972 84.49538564
1973 81.34346782
1974 86.15481923
1975 87.61300201
1976 89.57227032
1977 91.04850294
1978 88.22008589
1979 85.18449497
1980 89.8321458
1981 89.23438601
1982 88.19095056
1983 90.07376876
1984 89.53584345
1985 89.53584345
1986 84.67653374
1987 79.57728779
1988 87.11311602
1989 78.35901714
1990 81.20950748
1991 64.02037064
1992 60.66633371
1993 77.38504043
1994 30.71024865
1995 12.93642749
1996 43.02117701
1997 85.12114715
1998 95.84137946
1999 88.3398953
2000 95.12272692
2001 95.21886163
2002 95.22511792
2003 95.24077475
2004 95.24076532
2005 95.2408579
2006 95.24091734
2007 95.24091718
2008 95.24091751
2009 95.24091723
2010 95.24091744
2011 95.24091682
2012 95.24091709
2013 95.24091718
2014 95.24091734
2015 95.24091748
2016 95.24091754
2017 95.24091745
2018 91.26408085
2019 93.75285306
2020 93.60641888
2021
2022
Liberia | 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
Republic of Liberia
Records
63
Source